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Fidelity launches Fidelity Cash Fund

MUMBAI: Fidelity Fund Management Pvt. Ltd. launched Fidelity Cash Fund, an open ended liquid scheme, that aims to generate reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments. Subscriptions will be open during the NFO period from November 20-22, and thereafter for ongoing purchase and redemptions from November 29.

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