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ING Investment Management India has launched ING Optimix Global Commodities Fund. The primary objective of the scheme is to seek exposure in units of global mutual funds that invest in commodity related securities. The fund would allocate 65-100 per cent of the assets in equity and 0-25 per cent in debt funds. The fund will charge an entry load of 2.25 per cent for investments below Rs 5 crore. The new fund offer closes on August 25.

Lotus India Mutual Fund has launched Lotus India Fixed Maturity Plan 375 days –Series XV, a close-ended debt scheme. The issue closes on August 20.The units of the scheme are available at Rs 10 each.

Franklin Templeton Mutual Fund has launched Franklin Templeton Fixed Horizon Fund – Series X, a close-ended income scheme. The issue closes for subscription on August 12.

ICICI Prudential Mutual Fund has launched ICICI Fixed Maturity Plan (FMP) – Series 46 Plan B, a close-ended debt fund. The new fund offer closes on August 11. The units will be available at Rs 10 each.

More Stories on : New Fund Offer | Mutual Funds

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