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May 20, 2007
Lotus India Mutual Fund brought down minimum SIP amount to 100 rs
Lotus India AMC, a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide, announced that starting from May 15, 2007 all investments in Lotus India Contra Fund through a Systematic Investment Plan (SIP) will not have any entry load at all and also they have reduced the minimum SIP amount to Rs. 100/- a month which will be usefull for all class of retail investors. Lotus India Contra Fund is an open-ended equity scheme which aims to generate capital appreciation through the Contrarian style of investing.
Tags | Lotus+India+Contra+FundPosted by rupya at May 20, 2007 10:36 AM