Indiabulls MF mobilises Rs 1107 crore
The new fund offer (NFO) opened for subscription on Monday (Oct 24), and closed the same day. The scheme will re-open for ongoing purchase and sale from October 28 at Net Asset Value (NAV) based prices. Indiabulls Liquid Fund is benchmarked against `Crisil Liquid Fund Index`. Indiabulls MF is sponsored by Indiabulls Financial Services Ltd (IFSL), which has a net worth of Rs 4,661 crore with an asset book of over Rs 27,000 crore.