Peerless Mutual Fund : Peerless to lauch MF soon
Peerless Mutual Fund
Peerless is set to launch Mutual Fund by next year,
Peerless has got in-principle approval from SEBI
The company has been planning to launch a mutual fund for quite some time.
Meanwhile, Peerless signed a pact with private sector insurer Max New York Life Monday for distribution of Max Vijay insurance cum savings policies.
Max New York has targeted sales of over 500,000 such policies in one year through the Peerless network.
‘We have so far sold 20,000 policies,’ said Max New York chief executive officer and managing director Rajesh Sud.
If you re-read the above comments, at the beginning of Peerless Mutual Fund : Peerless to lauch MF soon, don’t you notice that you are arguing the same point but differently (I’m referring to mutual fund marketand therefore contradicting the main point and making this a lot less pertinent? I will come back next Friday to see how this has evolved.