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Canbank Mutual starts investment in derivatives

Our Bureau

Mangalore , June 4

CANBANK Mutual Fund has started investment in derivatives products under its Canexpo, Canequity Tax Saver, Canequity Diversified, Canbonus, Cantriple, Canganga, Canpremium, Cancigo and Canglobal schemes with effect from June 1.

A Canbank Investment Management Services Ltd press release said that the board of trustees of the fund, which held a meeting on March 17, has fixed derivatives exposure limits of the scheme.

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