Tax Saving Mutual Funds Online Current open Infra Bond Application form GOLDMAN Sachs Mutual Fund, the Indian mutual fund ( MF ) arm of the US financial major Goldman Sachs, has filed an offer document with the securities regulator for its first equity fund launch in India. Goldman Sachs India Equity Fund will be an open ended equity scheme with 80 to 100 per cent asset allocation to equities and up to 20 per cent allocation to debt securities and money market instruments. The scheme will be benchmarked to NSE's S&P CNX 500 index. This scheme will be the first equity fund floated by Goldman Sachs, apart from the already operational schemes that it acquired from Benchmark Mutual Fund, an ETF ( exchange traded fund ) provider. Goldman Sachs Asset Management, last March, bought Benchmark Mutual Fund , pioneers of ETFs in India. Besides ETFs based on Indian equities and gold, the fund house also has a ETF that tracks securities listed on Hong Stock Exchange that has