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Sahara MF Launches Mid-Cap Fund

Mid-cap stocks are in the limelight and Sahara Mutual Fund is all set to exploit the opportunity by launching Sahara Midcap Fund, an open–ended growth fund. The fund would have four investment plans--growth, dividend, growth auto payout and bonus. Investors could start with Rs 1,000. Initial Public Offer of the scheme would be open from November 29 to December 22. There won't be any entry or exit load during the IPO period. Later, an entry load of 2 per cent would be levied, while there would be no exit load.