Morgan Stanley Mutual Fund announced the launch of Morgan Stanley Multi Asset Fund, an open-ended debt fund. The fund has two plans, Plan A and Plan B, each having separate portfolios where Plan A will invest in debt and equity along with equity related instruments and Plan B will invest in debt, gold and equity along with equity related instruments.
The NFO will open for subscription on January 17 and close on January 31, 2012.
The fund will be co-managed by Jayesh Gandhi and Ritesh Jain, Lead Portfolio Managers of the Multi-cap Equity and Fixed Income strategies respectively.
Anthony Heredia, CEO, Morgan Stanley Mutual Fund, said:
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