Date:15/02/2005 URL: http://www.thehindubusinessline.com/2005/02/15/stories/2005021502341300.htm

Back Open-ended scheme from Canbank Mutual

Our Bureau

Mangalore , Feb. 14

CANBANK Mutual Fund has launched `CanEmerging Equities', an open-ended equity scheme.

A release by Canbank Investment Management Services Ltd said on Monday that the initial public offer would be open till February 23.

The focus of the scheme would be investing in diversified stocks having small and medium market capitalisation with potential to emerge as blue chips.

The minimum investment in the scheme is Rs 5,000 and in multiples of Re 1 thereafter.

The scheme offers growth option, income option and bonus option, the release added.