Morgan Stanley Mutual Fund today announced the launch of Morgan Stanley Multi Asset Fund, an open-ended debt fund. The fund has two plans, Plan A and Plan B, each having separate portfolios where Plan A will invest in debt and equity along with equity related instruments and Plan B will invest in debt, gold and equity along with equity related instruments.

The NFO will open for subscription on January 17 and close on January 31, 2012.

The fund will be co-managed by Jayesh Gandhi and Ritesh Jain, Lead Portfolio Managers of the Multi-cap Equity and Fixed Income strategies respectively. Anthony Heredia, CEO, Morgan Stanley Mutual Fund, said: “We believe that the multi asset fund category has tremendous potential for growth. In the current market environment, multi asset funds which seek to generate reasonable returns with lower levels of risk, should find favor with investors."

Morgan Stanley Investment Management in India

In 1994, Morgan Stanley launched the Morgan Stanley Growth Fund, a close-ended fund that was one of the first to be launched by an international fund house in India. In April 2008, Morgan Stanley ACE Fund was introduced to the Indian market. It is a multi-cap fund that invests across market caps. In May 2009, the Firm announced the launch of two debt funds, Morgan Stanley Short Term Bond Fund and Morgan Stanley Active Bond Fund. In Sep. 2011, Morgan Stanley launched Morgan Stanley Liquid Fund. As of December 2011, Morgan Stanley Mutual Fund had average AUM of Rs 2086.07 crore.

Morgan Stanley Investment Management Morgan Stanley Investment Management, together with its investment advisory affiliates, has 628 investment professionals around the world and over $268 billion in assets under management as of September 30, 2011. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries.