Mutual Funds
Unitech Real Estate Fund
Thursday, July 17th, 2008Unitech has new plans for its investors- now you can invest in the fund managed by Unitech and mainly in rela estate. Yes, Unitech is coming up with Real Estate fund with aim to raise around USD 300 million - Says Sanjay Chandra, MD, Unitech.
Real Estate FUnds are not a new deal in the Indian market but this is first time that any real estate company has started in India. It will be very interesting and worth investing as far as it is Unitech.
DBS Chola MF Divident declaration
Thursday, July 5th, 2007
DBS chola MF is ready to give dividend in its two Mutual fund series under dividend payout options.The two schemes includes DBS Chola Fixed maturity Plan – Series 7 (Quarterly Plan - I and Quarterly Plan – II). Record date for Declaration of dividend will be on 11th July for Plan-1 and they will recieve all appreciation since 11th April.
UTI Mutual Funds- India Lifestyle Fund NFO
Thursday, July 5th, 2007
UTI - an oldest mutual fund management house has recently come up with new fund offer (NFO) with name ” India Lifestyle Fund”. This will be the three year close ended scheme with open ended upon completion of three years.
Looking at the Red Hearing Prospectus and company’s details on this fund, the key features seems to be to provide long term capital appreciation and income distribution by investing in equity and equity related instruments of companies belonging to sectors like Indian lifestyles and rising consumption pattern.
NFO-Reliance Equity Advantage Fund
Monday, July 2nd, 2007
Reliance equity advantage fund is latest NFO from Reliance Capital -biggest mutual fund house in India. Reliance equity advantage Fund ia an open ended diversified equity scheme which will provide an opportunity to give high performance and long term growth using equity and equity related products.
Major portion will be invested in Nifty stocks and secondarily will be invested in debt and money market. The NFO is opening on 12th June 2007 and will be closing on 10th July 2007.
Here are few details about fund: