Friday, May 02, 2014

PineBridge India – US Equity Fund introduces SIP investment through Dollar

Dollar SIP allows investor to invest a fixed amount of US Dollar[USD] on a specified date at fixed intervalsPineBridge Investments have started SIP investment through Dollar for PineBridge India – US Equity Fund, an open ended fund of funds scheme investing overseas. The Dollar SIP is a unique facility that allows investor to invest a fixed amount of US Dollar[USD] on a specified date at fixed intervals. The USD will be converted into equivalent INR using the RBI reference rate, available on the RBI website, for subscribing units of PineBridge India – US Equity Fund.