www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

Morgan Stanley launches Multi Asset Fund

Font Size

Agencies

Posted: Jan 15, 2012 at 2018 hrs IST

Mumbai Asset management firm Morgan Stanley today said it has launched Morgan Stanley Multi Asset Fund, an open-ended debt fund, with an aim to generate regular income for its customers.

The NFO will open for subscription on January 17 and close on January 31. The minimum subscription amount to the scheme is Rs 5,000.

The scheme has two plans -- A and B, and both the options will have exposure to debt and equities. Plan B will also invest in gold exchange traded funds.

"We believe that the multi asset fund category has tremendous potential for growth. In the current market environment, multi asset funds which seek to generate reasonable returns with lower levels of risk, should find favour with investors," Morgan Stanley Mutual Fund Chief Executive Officer Anthony Heredia said in a statement issued here.

The assets managed by the fund house stand at Rs 2,086.07 crore as on December.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Rahul Gandhi may now jump from stage in anger: Akhilesh Yadav

Kurta not a Hindu attire, Muslims also wear it: Malaysian PM

Ponty not forewarned, seized Rs 11 cr cash from him: Taxman

Woman bites off man's tongue who tried to rape her

Now, Saudi couples may need 'management licenses' to get married

'Bhangra' beats out an Indian immigration scam in UK

Balakrishna Pillai slaps minister's staff in public view

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map