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Latest News on Mutual Funds

Principal Mutual Fund launches Principal Large Cap Fund
Sep 30, 2020 by News Team

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of large cap companies including derivatives. However, there can be no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More

Nippon India Mutual Fund launches Nippon India Nifty Smallcap 250 Index Fund
Sep 30, 2020 by News Team

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Smallcap 250 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved... Read More

Mirae Asset Mutual Fund launches Mirae Asset Ultra Short Duration Fund
Sep 30, 2020 by News Team

The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking income... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential ESG Fund
Sep 21, 2020 by News Team

To generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) criteria However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This product is suitable for investors who are... Read More

Sundaram Mutual Fund launches Sundaram Bluechip Fund
Sep 17, 2020 by News Team

To generate capital appreciation by investing in large cap stocks. No Guarantee: there is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the schemes. there is also no... Read More

HSBC Mutual Fund launches HSBC Corporate Bond Fund
Sep 17, 2020 by News Team

To seek to generate reasonable income and provide risk-adjusted returns by investing primarily in AA+ and above rated corporate debt securities. 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 income over... Read More

Invesco Mutual Fund launches Invesco India Focused 20 Equity Fund
Sep 9, 2020 by News Team

To generate capital appreciation by investing in upto 20 stocks across market capitalization. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. The product is suitable for investors who are seeking capital appreciation over... Read More

SBI Mutual Fund launches SBI Magnum Children's Benefit Fund: Investment Plan
Sep 8, 2020 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income. However, there is no... Read More

Mirae Asset Mutual Fund launches Mirae Asset Equity Allocator Fund of Fund
Sep 8, 2020 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking to generate long... Read More

Axis Mutual Fund launches Axis Global Equity Alpha Fund of Fund
Sep 4, 2020 by News Team

To provide long term capital appreciation by predominantly investing in Schroder International Selection Fund Global Equity Alpha, a fund that aims to provide capital growth by investing in equity and equity related securities of companies worldwide. The scheme may also invest a part of corpus in debt, money market instruments... Read More