Friday, June 15, 2007

Lotus India MF files offer document

Lotus India MF has Filed Offer Document for Lotus India Cash Fund. The Scheme will be open-ended liquid scheme. Them minimum investment for plan starts from Rs. 5,000 and in multiples of Re.1 thereafter. The NFO price is Rs. 10. There will be no entry load as well as no exit load. The scheme offers Growth and Daily Dividend Re-investment options. The primary investment objective of the scheme is to provide liquidity to the investors while mirroring overnight returns.

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