Jupiter launches India fund

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Jupiter has launched a fund investing in firms which operate or reside in India.

The Jupiter India fund, aimed at long-term investors and managed by Avinash Vazirani, will invest in a diversified portfolio, holding around 60 stocks, with a bias towards medium and larger sized companies in order to preserve liquidity. It says there will be a 50p fixed price offer period from launch date to 3 March this year. It is aimed at investors with a medium to long term outlook who can accept the potential risks of emerging market investment. Avinash Vazirani says: “India offers investors a chance to benefit from the very strong internal growth story that seems set to drive the...

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