|
|
Article: Lotus launches mid-cap, contra fund, to launch 7 funds by Mar.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- February 12, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Lotus launches mid-cap, contra fund, to launch 7 funds by Mar
Mumbai, Feb 12 (PTI) Lotus India AMC today announced two new fund offers - the Lotus India Contra Fund and Lotus India Mid Cap Fund - to add to its gamut of five existing funds.
The company, a joint venture between Fullerton Fund Management and Rana Talwar headed Sabre Capital Worldwide, plans to introduce seven more fixed maturity funds by March to take the total number of funds to 14, Lotus India CEO Ajay Bagga told reporters.
While contra fund is an open-ended equity fund, which aims to generate capital appreciation through contrarian investing, the mid-cap fund is a closed-ended ...