Zurich Mutual Fund launches gilt fund

Zurich Mutual Fund launches gilt fund

MUMBAI, FEBRUARY 2: Zurich India Mutual Fund, part of the Zurich Financial Services Group, Switzerland, has launched a gilt fund called `Zurich India Sovereign Gilt Fund'. Zurich Mutual Fund currently manages assets of over Rs 650 crore. The fund will invest in securities issued by the Central and state governments apart from investing in money market securities, S V Prasad, president of Zurich MF said.