Monday, March 27, 2006

Deutsche MF focuses on rural India

The world has certainly begun to catch on with there being a lot of fortune at the bottom of the pyramid! Deutche Mutual Fund plans to fund companies that are focused on rural India. This is something that even I was trying to say with an earlier article on socialist companies for a socialist democracy, that corporate houses should really look into MFs having equity stake with organizations like Aavishkaar. This will be useful for hedging risks in an increasingly global economy, and extending their returns to beyond just the middle and higher class income groups.

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