Sahara Mutual Fund launches Real Fund
Sahara Mutual Fund on Tuesday announced the launch of its close-ended - Real Fund which would primarily focus on retailing, entertainment & media, auto & auto ancillaries and logistics sectors.
By PTI |
NEW DELHI: Sahara Mutual Fund on Tuesday announced the launch of its close-ended - Real Fund which would primarily focus on retailing, entertainment & media, auto & auto ancillaries and logistics sectors.
The investment objective is to provide long term capital gains by investing predominately in equity/equity-related instrument, Sahara Mutual Fund said in a release.
The scheme which opens for subscription on November 2 is available in dividend and growth options. Minimum application amount is Rs 5,000.
Under the scheme, not more than 10 per cent of the total funds may be invested in the companies in other sectors in order to capitalise on strong growth potential or potential to earn, that may emerge in future, it said.
The investment objective is to provide long term capital gains by investing predominately in equity/equity-related instrument, Sahara Mutual Fund said in a release.
The scheme which opens for subscription on November 2 is available in dividend and growth options. Minimum application amount is Rs 5,000.
Under the scheme, not more than 10 per cent of the total funds may be invested in the companies in other sectors in order to capitalise on strong growth potential or potential to earn, that may emerge in future, it said.
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