Music Securities Inc., a music production and fund management firm, will start a fund investing in products from the animated series "Ge Ge Ge no Kitaro" featuring a one-eyed demon boy who lives in a graveyard.

The Tokyo-based firm plans to raise ¥10 million to ¥30 million for the Yokai Fund, named after the Japanese word for demon, said Masami Komatsu, chief executive officer of Music Securities in Tokyo.

Komatsu is raising money from individuals via the Internet to finance merchandise including cups, fans and ties based on Kitaro characters created by writer and illustrator Shigeru Mizuki.