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Shriram Mutual Fund seeks SEBI approval for large-cap fund

Shriram Mutual Fund has filed draft offer document with Securities and Exchange Board of India seeking approval to launch Shriram Large Cap Fund. The open-ended equity scheme will invest at least 80% of its assets in equity and equity-related instruments of large cap companies, while up to 20% can be allocated to shares of other market capitalisation or in debt and money market instruments.

Read More at Moneycontrol News date : 15 Mar 2019, Friday

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