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Multi-Cap fund from Chola MF
By Our Corporate Reporter
CHENNAI,
DEC. 21.
Chola Mutual Fund has come out with a Multi-Cap fund that will invest in equity and equity related instruments across all ranges of market capitalisation.
Launching this fund here today, Sashi Krishnan, Chief Executive, Chola Mutual Fund, said the fund would have an optimal blend of large, mid and small cap stocks. While exposure in large cap and mid cap stocks would be maintained between 25 and 75 per cent, the mid cap exposure would not exceed 15 per cent, Mr. Krishnan said.
The initial offer of the scheme will remain open till January 10 and the minimum application amount is Rs. 5,000.
The scheme will have both cumulative and dividend options.
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