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Article: Chola Mutual Fund launches Chola Contra Fund.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- January 17, 2006
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Chola Mutual Fund launches Chola Contra Fund
Mumbai, Jan 17 (PTI) Chola Mutual Fund today launched an open ended fund, Chola Contra Fund, that will invest 65 per cent in equity and equity-related instruments.
The fund will go by a contrarian investment strategy, which means, the fund will buy into fundamentally sound companies which have underperformed in the recent past. The fund will open for subscription on January 17, 2006 and close on 14 February 2006.
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