Premium
This is an archive article published on November 12, 1999

Kothari Pioneer MF to launch balanced fund

MUMBAI, NOV 11: Kothari Pioneer Mutual Fund said on Thursday it is launching a balanced fund with exposure in equity and debt instruments...

google-preferred-btn
.

MUMBAI, NOV 11: Kothari Pioneer Mutual Fund said on Thursday it is launching a balanced fund with exposure in equity and debt instruments. The initial issue of units at a par value of Rs ten each will be open from November 15 to December 10.

Under stable market conditions, 60 per cent of the corpus of the fund is expected to be invested in equities with the remaining in fixed income and money market instruments, it said.

Vivek Reddy, chief executive officer of Kothari Pioneer AMCLtd, said the fund8217;s equity investments will focus on companies demonstrating sustainable growth, high return on equity and shareholder friendly management.

Fund manager R Sukumar said 75 per cent of the equity component will be in wealth creating companies 8211; those that have sustainable competitive advantages from intellectual property rights 8211; proprietary technology, brand building, business strategy and management quality.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs Innovation at Bharat Mobility Global Expo 2025
Top Stories
odisha quarry
Odisha quarry where cave-in killed workers was operating ‘illegally’ with expired lease
Kabaddi promoter Kanwar Digvijay Singh was shot dead; Police and forensic teams inspect the crime scene. (File Photo)
Cash, crime and kabaddi: Another killing shows rising stakes of ‘rural’ sport in Punjab
Anurag Kashyap heaps praises on Ranveer Singh's Dhurandhar.
Anurag Kashyap heaps praise on Dhurandhar while disagreeing with its politics: 'Aditya Dhar is a Kashmiri Pandit who has suffered'
Jay Bhanushali and Mahhi Vij confirm divorce
Jay Bhanushali and Mahhi Vij announce divorce after 14 years of marriage: 'We chose peace over drama'
His first internship was difficult, but it pushed him to improve
10-hour factory shifts to US tech firm: How Indian man rewrote his future in just 18 months after dropping out of college
Snow-covered roads and mountains are visible in the background
Shirtless men dance with hookahs in snow-covered Himachal, video sparks backlash
Bangladesh's first three matches in the 2026 T20 World Cup are scheduled to be played in Kolkata while the last is slated to be hosted by Mumbai. (BCB Photo)
BCB told to get Bangladesh's T20 World Cup matches shifted out of India
Satwik
Badminton: With home titles proving elusive, India Open 2026 presents the country's top shuttlers with chance to prove big-match credentials
My wish for 2026 is that we somehow manage to get an Opposition party that will put the Modi government on the mat for its many failures on many, many fronts.(Illustration: C R Sasikumar)
My wish for 2026 is that we somehow manage to get an Oppn party
Maduro captured, flown out; US to run Venezuela: Trump
US capture of Venezuela’s Nicolas Maduro puts New Delhi in a bind
low salt diet
This is what happens to the body when you are on a low-salt diet
CES 2026 keynotes
CES 2026: How to watch Nvidia, Samsung, Lenovo keynotes live; date and timings
Advertisement
Must Read
BCB told to get Bangladesh's T20 World Cup matches shifted out of India
Bangladesh's first three matches in the 2026 T20 World Cup are scheduled to be played in Kolkata while the last is slated to be hosted by Mumbai. (BCB Photo)
Badminton: With home titles proving elusive, India Open 2026 presents the country's top shuttlers with chance to prove big-match credentials
Satwik
Craig Fulton interview: 'With packed Pro League schedule, and World Cup-Asian Games block in mind, looking to select two separate groups'
Fulton
CES 2026: How to watch Nvidia, Samsung, Lenovo keynotes live; date and timings
CES 2026 keynotes
Ancient ape fossils offer new clues to humanity’s first steps
At the time, some researchers suggested the species could be the direct ancestor of modern humans, largely based on the position of the skull. (Image: Smithsonian)
Elon Musk’s X says users, not Grok, will be liable for illegal AI-generated content
Many users turn to AI chatbots like Grok and Ask Perplexity to verify claims circulating on X.
This is what happens to the body when you are on a low-salt diet
low salt diet
Advertisement
Buzzing Now
10-hour factory shifts to US tech firm: How Indian man rewrote his future in just 18 months after dropping out of college
His first internship was difficult, but it pushed him to improve
Shirtless men dance with hookahs in snow-covered Himachal, video sparks backlash
Snow-covered roads and mountains are visible in the background
‘Not unjust enrichment’: how a Mumbai trader turned stock broker’s technical glitch into Rs 1.75-crore profit
Rajguru later made profits of Rs 2.38 crore, leading to a net gain of Rs 1.75 crore
Google engineer shares AI coding tool builds in 1 hour what her team spent a year on
'Nobody listened to me': Zomato CEO Deepinder Goyal recalls childhood bullying over skin tone and the ‘biggest hurt’ before his success
Deepinder Goyal that his introverted nature had proved to be lucky for him
Jan 04: Latest News
Advertisement