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Religare offers MIP Plus

Religare Mutual Fund is marketing a product called Monthly Income Plan Plus. The public offer closes May 11. This open-ended income scheme comprises a portfolio of fixed-income equities, debts and gold ETFs, and is benchmarked off CRISIL MIP Blended Index and the price of gold. The fund is managed by Religare Asset Management and overseen by Religare Trustee. The management…

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