Lotus India AMC launches Lotus India Active Income Fund

Mumbai, July 27 (UNI) Lotus India AMC today launched 'Lotus India Active Income fund', an open-ended income scheme, which will invest in debt and money market instruments.

The scheme, which has been launched with an objective to generate optimal returns, offer two options - retail and Institutional.

The New Fund Offer (NFO) is open for subscription from today and will close on July 30.

The scheme has a set a minimum investment limit of Rs 5000 in retail plan and Rs 50 for institutional plan.

UNI