Date:09/09/2008 URL: http://www.thehindu.com/2008/09/09/stories/2008090961131600.htm

Business - Briefly

Goldman plans maiden India equity fund

MUMBAI: The Indian fund unit of Goldman Sachs, which received regulatory approval to launch mutual funds last week, filed initial papers with the SEBI on Monday to offer its first equity fund. The Fund will invest at least 65 per cent of its assets in stocks and the balance in debt and money market instruments.