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Thursday, October 20, 2011

IDBI Mutual Fund Launches Exchange Traded Gold Fund

IDBI Mutual Fund on Wednesday launched an open-ended exchange traded gold fund (gold ETF). The new fund offer (NFO) opened for subscription today and will close on November 2. The minimum application amount will be Rs 10,000 and in multiples of Re 1 thereafter.

From: http://ping.fm/SK2lF

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