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IDBI MF hopes Rs 100-cr mop-up from newly launched Gold Fund
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IDBI Mutual Fund said it expects to accumulate about Rs 100 crore from its recently launched Gold Fund. The objective of the scheme is to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund  launched last year, IDBI Asset Management Company MD and CEO Debasish Mallick said.The benchmark index for this open-ended fund is domestic price of gold, he said.



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