Offline
Escorts MF launches Leading Sectors Fund
Published on Thu, Jul 03 at 12:10 , Updated at Tue, Jul 08 at 16:18
Source : moneycontrol.com
| ads by google |
Escorts Mutual Fund has launched Escorts Leading Sectors Fund, an open-ended equity scheme. The investment objective of the scheme is to provide capital appreciation or income distribution by investing in companies from Leading Sectors, depending upon their growth prospects and sustainability of future earnings growth. (View - New Fund Offers open NOW) A “Leading Sector” shall be the one that is growing at a rate higher than the nominal GDP of the economy. The leading sectors could include businesses that are the current priority of the government. Also, the sectors that are helped by government policies and initiatives and led by strong middle class and demographics of the country are expected to grow at a very fast rate. The New Fund Offer for subscription at par will be kept open from July 3 to August 1, 2008. The scheme offers two options viz. Growth and Dividend (under dividend option, the investor can choose either dividend payout or reinvestment). The minimum investment amount is Rs 5000 and in multiples of Re.1 thereafter. The scheme will charge entry load of 2.25% for applications below Rs 5 crore. For SIP, entry load will be 2.25% per transaction. Exit load of 2% for investments greater than or equal to Rs 5 crore, if redeemed within 6 months from the date of allotment and 1% for investments less than Rs 5 crore, if redeemed within 12 months from the date of allotment.
Asset Allocation Pattern
Scheme Benchmark: S&P CNX NIFTY For more Mutual Fund News click here |
Messages on MF Investment Help
Other comments
to invest around 1 lakh and start sip
Dear Guest, Investment in Following Funds may be Considered. ICICI INFRA. DWS Investment Opportunity IDFC P...
in MF Investment Help - pcspune at 08-Sep-08 06:36
I have sips of reliance equity opp,fra
Dear Live wire, Performance of HDFC Growth & Reliance Growth continues to be VERY GOOD & one should consider Inv...
in MF Investment Help - pcspune at 08-Sep-08 06:12
Rate this article
More on Mutual Funds
News
05-09 Sharp sell off in MF NAVs as mkts slaughtered
05-09 MF NAVs end with negative returns
Investing Trends
08-09 Reliance MF bets on auto, chemical, engg
05-09 SBI Magnum Global picks banking, auto; sells metal, cement
Expert Advice
Chat
Ramesh Damani
Member BSE ,
(09 Sep- 16:00hrs)
What's good investment now?
Poll
Newsletter
Keep in touch with News day & night. Subscribe to:
Mobile Services
Get news on the move SMS to 52622
- SMS M for Market News
- SMS B for Latest Business News
- SMS S (stock name) for latest news
Explore Moneycontrol
