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Optimix launches Fund of Funds scheme

BANGALORE: Optimix, the multi manager division of ING Investment Management (India) Private Limited, has launched its maiden multi manager product Optimix income growth multi manager Fund of Funds scheme. The scheme would generate returns by investing primarily in a portfolio of debt, liquid, money market and equity funds, Optimix Director, Ashvin Arora, told reporters here on Thursday. The scheme, which opened on March 9, would close on April 7. The minimum investment would be Rs. 5,000.

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