Tuesday, September 19, 2006 10:49 Hrs IST
DSPML to launch Gold-based Exchange Traded Fund
Filed the offer document with Sebi
DSPML Mutual Fund has planned to launch a Gold Exchange Traded Fund (GETF). The fund house has filed its offer document for its new fund. The minimum investment under scheme is Rs 5000 and in multiples of Rs 1000 thereafter.
The assets under management of the fund house reached Rs 10979.87 crore, registering a rise of 20% as on 31 August 2006 compared to 31 July 2006.