Mahindra MF launches equity hybrid fund

Mahindra Mutual Fund June 28 said it has launched an open-ended hybrid equity fund.

The scheme would allocate 65-80 per cent in equity and equity related securities and 20-35 per cent in debt and money market securities, the company said.

The new fund offering- Mahindra Hybrid Equity Nivesh Yojana, which opened for subscription from Friday will close on July 12, it said.

[“source=moneycontrol”]

Author: Eric