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Sunday, Sep 07, 2008
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Investment World - New Fund Offer
Markets - Mutual Funds
Update

Bharti AXA Investment Managers has launched Bharti AXA Equity Fund an open-ended equity scheme. The minimum investment is Rs 5,000.The new fund offers closes on October 1.

Edelweiss Mutual Fund announced the launch of its maiden funds Edelweiss Liquid Fund (open ended liquid scheme) and Edelweiss Liquid Plus Fund (open ended debt scheme). The NFO closes on September 8.

Taurus Mutual fund has appointed Mr Prasanna Pathak as equity fund manager.

ING Mutual Fund has announced changes in the exit load structure of ING Dynamic Duration Fund. The fund will now charge an exit load of 1 per cent if the investment is redeemed before 30 days from the date of investment. These changes are with effect from September 1.

AIG Global AMC has appointed Mr Ruchir Parekh as fund manager to the schemes earlier handled by Mr Sandeep Bagla, Chief Investment Officer, as a result of the latter’s resignation.

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