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Canmulticap Scheme from Canbank MF

MUMBAI: Canbank Mutual Fund (MF), a subsidiary of Canara Bank, announced the launch of Canmulticap Scheme, a close-ended equity fund that will primarily invest in large market cap stocks. The scheme will have growth and dividend investment options. The minimum application amount is Rs. 5,000. The new fund that opened on December 6 closes on January 4, 2007.

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