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Islamic Finance Briefing - Categorized | Funds, Market Moves more

Tata Ethical Fund: It’s financially sound and ethically right

Posted on 17 October 2011

Tata Ethical, which adheres to the Shariah principles of investment, has managed to outperform the benchmarked indices consistently. The scheme has overcome the odds of narrow investment possibility by picking up companies with good cash generation visibility.
Targeting a specific set of investors, Tata Ethical is one of the very few schemes in the country today to strictly adhere to the Shariah principles of investment. The scheme thus, does not invest in companies engaged in banking, financial lending, liquor, tobacco, hospitality or gambling businesses……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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