Indiabulls AMC launch maiden liquid fund
The new fund offer (NFO) opens for subscription on Oct 24 and closes on the same day, the private mutual fund house said in a statement here.
By PTI | Updated:
MUMBAI: Indiabulls Asset Management Company (AMC) on Saturday announced the launch of its maiden scheme, Indiabulls Liquid Fund.
The new fund offer (NFO) opens for subscription on October 24 and closes on the same day, the private mutual fund house said in a statement here.
The fund, an open-ended liquid scheme, where entry load is not applicable and exit load is nil, offers two options of growth and dividend, it said. The scheme is benchmarked against Crisil Liquid Fund Index.
The company is sponsored by Indiabulls Financial Services Ltd (IBFSL), which has a net worth of Rs 4,661 crore with an asset book of over Rs 20,788 crore and has presence in over 87 cities and towns with a network of 170 branches.
The new fund offer (NFO) opens for subscription on October 24 and closes on the same day, the private mutual fund house said in a statement here.
The fund, an open-ended liquid scheme, where entry load is not applicable and exit load is nil, offers two options of growth and dividend, it said. The scheme is benchmarked against Crisil Liquid Fund Index.
The company is sponsored by Indiabulls Financial Services Ltd (IBFSL), which has a net worth of Rs 4,661 crore with an asset book of over Rs 20,788 crore and has presence in over 87 cities and towns with a network of 170 branches.
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