Date:15/11/2006 URL: http://www.thehindu.com/2006/11/15/stories/2006111500792001.htm

Business - Briefly

SCMF launches Arbitrage Fund

CHENNAI: Standard Chartered Mutual Fund has launched the Arbitrage Fund. The fund is an open-ended equity scheme that aims to invest in cash and futures across markets. The fund, which opened on Tuesday, closes on November 30. The minimum purchase is Rs. 10,000 and in multiples of Re. 1.