India fund scoops monthly award

RaboDirect.ie announced this week its April 2007 Fund of the Month as the Blackrock Merrill Lynch IIF India fund.

India fund scoops monthly award
Fri, 06 Apr, 2007 - 01:00

The fund has a reduced entry fee of 0.25% down from 0.75% for the month of April and has an A rating from Standard & Poor’s.

The fund seeks long-term capital appreciation by investing at least 70% of its total net assets in equity and equity-related securities of issuers domiciled in India. The fund is denominated in US dollars.

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