Deutsche Asset Management India expands fund stable with two products that invest in inflation-linked instruments and Euroland.

Deutsche Asset Management India, the South Asian subsidiary of German banking giant Deutsche Bank, has added two new funds to its stable.

The DWS Inflation Indexed Bond Fund and the DWS Top Euroland Offshore Fund are both open-ended. The inflation indexed fund, which will invest in bonds issued by the Government of India, will be available from 16 to 27 January 2014, while the Euroland fund was made available since 9 January. These themes are being offered for the first time in India, said the firm in a statement.

"While globally investors have seen benefits of inflation linked instruments, we believe these are especially relevant for India, given the persistently high inflation level. By investing through the inflation indexed fund, investors get the benefit of liquidity in their portfolio and tax efficient returns. The Euroland fund also draws on a strong lineage in Europe, our home market," commented Suresh Soni, managing director and chief executive of Deutsche Asset Management India. 

Euroland, made up of 18 European countries with a common currency, is a the heart of Europe and since June 2013 has witnessed signs of economic recovery. It represents 20 per cent of the global GDP and 75 per cent of the pan-European GDP.