ICICI Prudential Global Stable Equity Fund is open to Indian investors from 27 August to 10 September 2013 and requires a minimum ticket size of Rs5,000 ($75). The money will then be invested in a global equity fund managed by European financial services firm .  

"Indian equities represent around 2 per cent of the world's equity assets, leaving 98 per cent as untapped potential for Indian investors. The fund will be a good way for Indians to diversify their portfolios," said Ian Polack, chief executive, in a statement.

Nordea has around 11 million customers in the Nordic region. As at 30 June 2013, the company records €621.9 billion ($824.9 billion) in total assets.