
Escorts Mutual Fund launches a five year close ended fund called Escorts Infrastructure Fund. This fund would automatically be converted into an open ended fund after the expiry of five years from the date of allotment.
The fund aims to invest predominantly in equity and equity related instruments of the companies in the infrastructure sector. The fund's focus will be on highly competitive companies with a large and growing market share.
Between 65 to 100% of the portfolio allocation will be in equity and equity- linked instruments of the companies in infrastructure sector. Debt instruments, Government bonds and money market securities will comprise of 0 to 35% of the portfolio.
Snapshot
Issue Opens: July 26, 2007
Issue Closes: August 24, 2007
Investment Options: Growth and Dividend
Minimum Investment: Rs 5, 000
Face Value: Rs 10
Benchmark Index: S&P CNX Nifty
Fund Manager: K. K. Mittal
Performance delivered by funds of similar peer group:
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