Date:03/12/2008 URL: http://www.thehindu.com/2008/12/03/stories/2008120355621500.htm

Business - Briefly

IDFC MF launches tax advantage fund

MUMBAI: IDFC Mutual Fund on Tuesday launched its open-ended equity linked savings scheme IDFC Tax Advantage Fund that will invest in equity and equity related instruments. The new fund offer which opened on December 1 will close on December 17, and the minimum subscription is Rs. 500.