Shinsei AMC launches Industry Leaders Fund
Shinsei Asset Management (India) launched its maiden equity scheme christened as Shinsei Industry Leaders Fund. The new fund offer for the scheme opened for subscription on July 27 and will close on August 25.
By ET Bureau |
MUMBAI: Shinsei Asset Management (India) launched its maiden equity scheme christened as Shinsei Industry Leaders Fund. The new fund offer for the scheme opened for subscription on July 27 and will close on August 25.
Shinsei Industry Leaders Fund is an open ended equity scheme which will invest in equity and equity related securities of companies identified as ���Industry Leaders���.
An Industry Leader is a company which in the opinion of the fund manager, has the following attributes:
A) Attained a major market share in India and possesses the potential to maintain or increase its market share in one or more products or services within its principal sector. B) Been among the companies registering the highest growth rates in sales in the sector over the last three years. B) Been among the most profitable company in the sector over the last three years.
Benchmarked against the BSE 100 index, the scheme offers both growth and dividend options to investors.
Speaking on the occasion, Sethuram Iyer, CIO Shinsei AMC said ���there is a strong investment rationale for this product as industry leaders tend to have significant business advantages which in general translate into better stock market performance.���
Shinsei Industry Leaders Fund is an open ended equity scheme which will invest in equity and equity related securities of companies identified as ���Industry Leaders���.
An Industry Leader is a company which in the opinion of the fund manager, has the following attributes:
A) Attained a major market share in India and possesses the potential to maintain or increase its market share in one or more products or services within its principal sector. B) Been among the companies registering the highest growth rates in sales in the sector over the last three years. B) Been among the most profitable company in the sector over the last three years.
Benchmarked against the BSE 100 index, the scheme offers both growth and dividend options to investors.
Speaking on the occasion, Sethuram Iyer, CIO Shinsei AMC said ���there is a strong investment rationale for this product as industry leaders tend to have significant business advantages which in general translate into better stock market performance.���
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David Pezarkar, Head ��� Equities at Shinsei AMC is the designated fund manager for scheme.Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
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