Cathay Capital MidCap Fund
, advised by Cathay Capital Private Equity, will acquire a majority stake, with Equistone and E.
- HDFC Prudence Fund (10.73%), Prudential ICICI Technology Fund (4.02%), Birla Sun Life Trustee Company Private Limited A/C, Birla Sun Life Frontline Equity Fund (3.22%), Birla Sun Life Trustee Company Private Limited A/C, Birla Sun Life Advantage Fund (0.80%), Birla Sun Life Trustee Company Private Limited A/C, Birla Sun Life Midcap Fund
(1.34%), Reliance Capital Trustee Co.
The establishment of the Sino-France Midcap Fund
follows an agreement between Bpifrance and CDB Capital in March.
WealthsuranceTM offers investment choices such as Monthly Guaranteed Interest Fund, Guaranteed Return Funds, Dynamic Guaranteed Funds, Equity Growth Fund, Nifty Index Fund, Midcap Fund
, Bond Fund, Income Fund, Liquid Fund and Asset Allocator Options ensuring that the customer would find all his investment requirements satisfied with this one powerful product.
Cairo-based investment bank Beltone and CAE partnered with Siparex Group, a French private equity specialist, to set up the Beltone Midcap Fund
that will invest directly into promising Egyptian SMEs.
Says Vivek Pandey, Fund Manager, SBI Magnum Midcap Fund
: "The longerterm prospects still favour the smalland mid-cap funds as they have the potential to gain from the global economic recovery.
If he invests the same money in a five- star rated large- and midcap fund
, he will receive around ` 11 lakh in 15 years ( at eight per cent).
Sundaram Midcap Fund
Jul-02 -16.49 32.83 10.52 33.21
The consistent focus in building scale in some of the schemes paid off well in terms of scaling up the size in schemes like BSL Midcap Fund
(average AUM as of 30th June - over Rs 1,800 crores), BSL Tax Relief' 96 (average AUM as of 30th June - over Rs 1,400 crores) , BSL Dynamic Bond Fund (average AUM as of 30th June - over Rs 8,800 crores).
Scheme Classification & Objective: The basic objective of Sahara Midcap fund
is to achieve long term capital growth at medium level of risks by investing primarily in Midcap stocks..
Others like JM Small and Midcap Fund
and Fortis Fortune Leaders Fund, have done well in a roaring market, but the sharp ups and downs in their performance make them more susceptible to a longer recovery time when markets weaken.
Beltone's MidCap fund
will invest in minority and some majority stakes in firms with revenues of $5 million to $50 million, reported Reuters.