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Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential CRISIL IBX AAA Bond Financial Services Index Dec 2026 Fund
Jan 17, 2025 by News Team

The investment objective of the scheme is to track the CRISIL-IBX AAA Financial Services Index - Dec 2026 by investing in securities maturing on or before December 2026, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved and the... Read More

Groww Mutual Fund launches Groww Nifty India Railways PSU Index Fund
Jan 16, 2025 by News Team

The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty India Railways PSU Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty India Railways PSU Index, subject to tracking errors. However... Read More

Groww Mutual Fund launches Groww Nifty India Railways PSU ETF
Jan 16, 2025 by News Team

The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty India Railways PSU Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of the Nifty India Railways PSU Index, subject to tracking errors. However... Read More

Union Mutual Fund launches Union Short Duration Fund
Jan 15, 2025 by News Team

The scheme is an actively managed scheme with an investment objective to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns. There is no assurance that the investment objective of the scheme will be achieved. This... Read More

DSP Mutual Fund launches DSP BSE SENSEX Next 30 ETF
Jan 13, 2025 by News Team

The investment objective of the scheme is to generate returns that are commensurate with the performance of the BSE SENSEX Next 30 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking long-term capital... Read More

DSP Mutual Fund launches DSP BSE SENSEX Next 30 Index Fund
Jan 10, 2025 by News Team

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the BSE SENSEX Next 30 Index, subject to tracking error. This product is suitable for investors who are seeking long-term capital growth. Investment in equity and equity related securities covered by BSE SENSEX Next 30 Index... Read More

Mirae Asset Mutual Fund launches Mirae Asset Small Cap Fund
Jan 9, 2025 by News Team

The investment objective of the scheme is to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Rural Opportunities Fund
Jan 9, 2025 by News Team

To generate long-term capital appreciation by investing in Equity & Equity related instruments of companies following Rural and/or allied theme. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking long term wealth... Read More

WhiteOak Capital Mutual Fund launches WhiteOak Capital Quality Equity Fund
Jan 8, 2025 by News Team

The objective of the Scheme is to provide long term capital appreciation by constructing a diversified investment portfolio based on the quality factor theme to provide investors with exposure to companies having strong fundamentals and sustainable competitive advantages, i.e., companies which exhibit long term... Read More

Bandhan Mutual Fund launches Bandhan Nifty Alpha Low Volatility 30 Index Fund
Jan 8, 2025 by News Team

The investment objective of the Scheme is to replicate the Nifty Alpha Low Volatility 30 Index by investing in securities of the Nifty Alpha Low Volatility 30 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Alpha Low Volatility 30 Index... Read More