Lotus India Mutual Fund comes out with its new equity diversified fund after a gap of 3 months.
Name of fund: Lotus India Growth Fund
Scheme: Open-ended, Equity Diversified
Objective: Generate long-term capital growth by investing in equity and equity related securities following a bottom-up approach.
Asset allocation: Equity: 65% - 100% / Debt and money market securities: 0%-35%
Fund opened: July 9, 2007
Fund closes: July 19, 2007
Face Value: Rs 10
Minimum investment amount: Rs 5,000
Fund Manager: Tridib Pathak
Benchmark Index: BSE 100 Index