Date:22/04/2005 URL: http://www.thehindu.com/2005/04/22/stories/2005042204781905.htm

Business - Briefly

Chola MF unveils Global Advantage Fund

CHENNAI: Chola Mutual Fund has launched a new open-ended diversified equity fund, Chola Global. The fund will invest in Indian companies which are expanding their business in global markets and are expecting at least 20 per cent of turnover from exports. The initial offer for subscription opens on April 19 and closes on May 16. According to Sashi Krishnan, Chief Executive, the scheme offers both cumulative and dividend options.