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ING Vysya launches OptiMix

BANGALORE: ING Vysya's investment management entity has launched OptiMix, said to be the country's first open-ended fund based on the Manage-The-Manager concept. The objective of the scheme is to provide long-term capital appreciation by investing mostly in equity and equity-related securities, which will be assessed by third party investment advisors. The new fund will be open till March 30. OptiMix will be offered at units of Rs. 10 with a minimum entry level of Rs. 5,000 and any additional purchases of Rs. 1,000 or in multiples thereafter.

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