• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Shashi Ashiwal

Global aim: Mr Sandeep Kothari, Manager for Fidelity Equity Fund, Fidelity Tax Advantage Fund and Fidelity India Growth Fund, and Ms Ashu Suyash, Managing Director and Country Head, Fidelity Fund Management Private Ltd, at a press conference the launch “Fidelity India Growth Fund” in Mumbai on Thursday. –

Our Bureau

Mumbai, Aug. 30 Fidelity Fund Management has launched Fidelity India Growth Fund, an open-ended diversified equity fund which will invest largely in growth oriented companies in Indian and international markets.

“The international exposure will be around 10 per cent of the fund corpus and the investment in overseas companies will be in those which benefit from India’s growth or generate substantial revenues from India,” said Mr Sandeep Kothari, Fund Manager, Fidelity AMC. The new fund offer opens on September 3 and closes on September 26.

The fund will have no market capitalisation bias and has been benchmarked against the BSE 200 index. The minimum subscription amount is Rs 5,000 and the scheme offers growth and dividend options.

More Stories on : New Fund Offer

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Panasonic AVC gets nod for open offer

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line