Peerless Funds Limited company a wholly owned subsidiary of the Peerless General Finance & Investment company received the final regulatory approval from the Securities and Exchange of Board of India (SEBI) on MOnday to launch its Mutual Fund business.
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PFMCL will launch its first set of Products in early 2010. This has adds to the confidence of common investor towards the Mutual Fund Industry and also the rebuliding of Investors confidence.
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