NRI Real Estate and Property Investment in India
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New UTI fund offer for NRIs- Doha Bank
Sunday, December 16, 2007

In a recent function held at Asiana Restaurant Banquet Hall, Doha Bank disclosed the Infrastructure Advantage Fund NFO of UTI Mutual Fund.

Giving an overview of the mutual fund house and the ongoing NFO, Fund manager, Harsha Upadhyaya expressed his happiness on the company's tie- up with Doha Bank. The fund will provide investors an opportunity to participate in the booming infrastructure sector- Mr Harsha said at the launch ceremony of the product.

He also added that the objective of the investment is to seek long term capital appreciation by investing primarily in equity and equity-related instruments of companies in the domestic market that predominantly focus on or benefit from, directly or indirectly, the opportunities and developments in the infrastructure sector like Construction, Energy, Engineering, Metals, Power, Telecom, Transportation, Airports etc.

R Ganesan, Executive Manager ,International Banking , Doha Bank said that the bank provides all financial products like Bank Accounts back home in India, Trading and Brokerage Services, Demat Services, PIS and PMS Account, Mutual Fund Investments and Housing Loan to NRIs at IRC (International Relations Centre) of Doha Bank.

He further updated that NRI customers can invest in Mutual Fund from any branch of Doha Bank and also mentioned that Doha Bank is having NRI product champions in all of its branches specially catering to NRIs requirements.

 

 

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