AIG Global Investment Group launches its first fund in India

Bangalore, May 3 (UNI) AIG Global Investment Group (AIGGIG) today announced the launch of its maiden scheme - AIG India Equity Fund.

The new fund offer priced at Rs 10 per unit (plus applicable entry load) opened for purchase from today would be availavle till May 31. The fund wouldl re-open for ongoing purchases/redemptions not later than June 29, 2007, according to a Group release here.

AIG India Equity Fund was an open-ended diversified equity fund with no biases. The fund had the flexibility to invest across companies without having any bias towards a particular sector, investing style or market capitalisation range.

The fund would be managed by Tushar Pradhan, Chief Investment Officer - Equities.

UNI