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  • MF News Daiwa files for Equity Fund

    Daiwa files for Equity Fund

    Daiwa MF has filed an offer document with SEBI for launching an Equity Fund
    Team Cafemutual Jun 17, 2011

    Daiwa MF has filed an offer document with SEBI for launching an Equity Fund

    Mumbai: Daiwa Mutual Fund has filed an offer document with SEBI to launch Daiwa Equity Fund. 

    The investment objective is to generate long-term growth of capital by investing in a diversified portfolio of predominantly equity and equity-related securities. The scheme would allocate 65 to 100 per cent of assets in equity and equity related securities with high risk profile. It would further invest up to 35 per cent of assets in debt and money market instruments with low to medium risk profile.

     

    The fund will be benchmarked against BSE 200. The scheme will charge 1 per cent as exit load if investments are redeemed within one year.  The fund will be managed David Pezarkar.

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