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Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential PSU Bond plus SDL 40:60 Index Fund Sep 2027
Sep 20, 2021 by News Team

The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Sep 2027 40:60 Index by investing in AAA rated PSU bonds and SDLs, maturing on or before Sep 2027, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved and the scheme... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty SDL Plus PSU Bond SEP 2026 60:40 Index Fund
Sep 20, 2021 by News Team

The investment objective of the scheme is to track the Nifty SDL Plus PSU Bond Sep 2026 60:40 Index by investing in PSU Bonds and SDLs, maturing on or before September 2026, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be... Read More

White Oak Capital Group gets regulatory approval to become sponsor of YES Mutual Fund
Sep 17, 2021 by News Team

September 16, 2021, Mumbai: White Oak Capital group has today announced receiving SEBl's approval for I) Registration of GPL Finance and Investments Limited (GPL Finance) as a sponsor of Mutual Funds under SEBI (Mutual Funds) Regulations, 1996 and II) change in control of YES Asset Management (India) Limited (YES AMC) from YES Bank Limited (YBL) to GPL Finance Read More

Sundaram Mutual relaunches Partner Health camps as Sundaram Sanjeevani
Sep 16, 2021 by Sundaram Mutual Fund

Sundaram Mutual, which had been conducting health camps for its distribution partners since 2016, has now revived and relaunched the same after a short break due to the logistical challenges posed by the pandemic. Branded ‘Sundaram Sanjeevani’, the program focusses on carrying out a comprehensive health checkup at 80 plus locations Read More

HDFC Mutual Fund launches HDFC Developed World Indexes Fund of Funds
Sep 14, 2021 by News Team

The investment objective of the scheme is to provide long-term capital appreciation by passively investing in units/shares of overseas Index Funds and/or ETFs which will in aggregate closely correspond to the MSCI World Index, subject to tracking errors. There is no assurance that the investment objective of the scheme will be... Read More

Kotak Mahindra Mutual Fund launches Kotak Multicap Fund
Sep 8, 2021 by News Team

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization. However, there is no assurance that the objective of the scheme will be realized. The product is suitable for investors who are seeking long-term capital growth by... Read More

Notice cum Addendum Change in Bench mark and Removal of Exit load in Sundaram Medium Term Bond Fund
Sep 6, 2021 by Sundaram Mutual Fund

The benchmark of Sundaram Rural and Consumption Fund, (an open-ended equity scheme investing in rural and/or consumption sector) has been changed from Nifty 500 TRI to Nifty India Consumption TRI with effect from 6th September 2021 to align with indices having similar composition of exposures. The exit load of the... Read More

HSBC Mutual Fund launches HSBC Mid Cap Fund
Sep 6, 2021 by News Team

To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for investors who are seeking long term... Read More

Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLIII Series 2
Sep 3, 2021 by News Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other... Read More

Axis Mutual Fund launches Axis Value Fund
Sep 2, 2021 by News Team

To generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. However, there can be no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking capital appreciation over long... Read More