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Investment in India
Indian stocks soared to an all-new new high as the nation's main index, the Sensex, rocketed to more than 20,000 points this week as foreign investors ploughed cash in.
Make fund world announced today the filing of a Registration Statement with the Securities and Exchange Commission regarding a proposed rights offering to holders of the Fund’s common stock. As indicated in the Registration Statement, the Fund proposes issuing to record date stockholders non-transferable rights entitling the holders to subscribe for additional shares of the Fund’s common stock at the rate of one share of common stock for each four rights held. Record date stockholders who fully exercise their rights may participate in an over-subscription privilege subject to certain limitations and allotment. Final terms of the proposed offering, including the record date, subscription price and subscription period, will be determined at a later date and announced at that time. The rights offering will be made only by means of a prospectus. The Fund is a closed-end management investment company seeking to achieve long-term capital appreciation through investment primarily in equity securities of Indian issuers. The Fund’s investment adviser is Morgan Stanley Investment Management Inc. (“MSIM”), a wholly-owned subsidiary of Morgan Stanley. MSIM, together with its investment advisory affiliates, has nearly 1,000 investment professionals around the world and approximately $356 billion in assets under management or supervision as of March 31, 2009. By leveraging its global ‘community of boutiques’ structure and the strength of Morgan Stanley, MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Make fund world is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide, including corporations, governments, institutions and individuals from more than 600 offices in 36 countries. For further information about make fund world. A Registration Statement relating to the securities has been filed with the Securities and Exchange Commission but has not yet become effective.These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. Indian Mutual Funds To invest in any market, you need to be educated about what you are doing. You can lose money fast if you do not have the right knowledge. First, you need to know about Mutual funds. They save you from doing all of the research right away. They can help you get profits from investing in India without knowing much about the Indian market. When you invest in a mutual fund from India, what you are doing is putting your money with the money of others that have expertise and you benefit from what they benefit from. When you are investing in mutual funds, you do not need permission from the Reserve Bank of India and you can invest via both repatriation basis and non repatriation basis. If you are a NRI investing in a mutual fund, you cannot make the investment with a foreign currency. You must invest with rupees. The best way to go about doing this would be with a rupee check from your bank in India. It is possible for you to send a rupee check from abroad, but for you to invest in India, it is required that you have a bank account in India anyways. |