Religare launches Business Leaders Fund

- New Fund Offer Opens on: 10th July, 2009 and Closes on 31st July, 2009

- Offer of units: Rs. 10 per Unit plus applicable load

- No entry load for SIP investments

“Great companies in India, which have attained leadership position in their respective field of activity over the years, are characterized by one single denominator. They have not only contributed to the nation's prosperity, but also multiplied their shareholders wealth manifold. These time-tested and proven companies in India, have thrived and blossomed not only in the good times, but survived the bad times as well, which have made them the leaders that they are today.”

We are pleased to announce the launch of Religare Business Leaders Fund – an open ended equity scheme which endeavors to invest across leaders in the India Inc. The objective of the fund is to generate long term capital appreciation by investing in equity and equity related instruments including equity derivatives of companies which in our opinion are leaders in their respective industry or industry segment.

The fund will invest in companies which in our opinion are leaders in their respective industry or industry segment and typically display the following characteristics:

* Better pricing power
* Superior cost structure/ efficiencies
* Significant and sustainable competitive advantages such as technology, execution etc.
* Better access to capital

These advantages are then reflected in:

* The company ranking among the top 3 -5 in terms of market share in industry or industry segment
* Margins better than industry or industry segment average
* A return on equity better than industry or industry segment average
* Growth rates better than industry or industry segment average

New Fund Offer Opens on: 10th July, 2009

New Fund Offer Closes on: 31st July, 2009

Scheme Re-opens for continuous sale and re-purchase on or before: 29th August, 2009

Source : Equity Bulls

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