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Mutual Fund News
Axis Mutual Fund launches Axis NIFTY Smallcap 50 Index Fund
Feb 21, 2022 by News Team

Axis Mutual Fund, one of the leading asset management companies in India announced the launch of Axis NIFTY Smallcap 50 Index Fund,(an Open Ended Index Fund tracking the NIFTY Smallcap 50 Index) today. Managed by Jinesh Gopani, Head – Equity, the fund will track the NIFTY Smallcap 50 TRI Index. The NFO opens for... Read More

Navi Mutual Fund launches Navi Nifty Midcap 150 Index Fund
Feb 21, 2022 by News Team

The investment objective of the scheme is to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or... Read More

ITI Mutual Fund launches ITI Conservative Hybrid Fund
Feb 21, 2022 by News Team

The scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for... Read More

Axis Mutual Fund launches Axis Nifty Smallcap 50 Index Fund
Feb 21, 2022 by News Team

To provide returns before expenses that closely corresponds to the total returns of the NIFTY SMALLCAP 50 subject to tracking errors. 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 long term wealth creation solution. An index fund... Read More

UTI Mutual Fund launches UTI S&P BSE Low Volatility Index Fund
Feb 14, 2022 by News Team

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The product is Read More

SBI Mutual Fund launches SBI MultiCap Fund
Feb 14, 2022 by News Team

To provide investors with opportunities for long term growth in capital from a diversified portfolio of equity and equity related instruments across market capitalization. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking long term wealth Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil AAA Jun 2023 Index Fund
Feb 14, 2022 by News Team

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX AAA Index – June 2023 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will Read More

HDFC Mutual Fund launches HDFC NIFTY 100 Index Fund
Feb 11, 2022 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY 100 Index TRI (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking returns that are commensurate Read More

HDFC Mutual Fund launches HDFC NIFTY 100 Equal Weight Index Fund
Feb 11, 2022 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY 100 Equal Weight Index TRI (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized. The product is suitable for investors who are seeking returns that are Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Bank Index Fund
Feb 10, 2022 by News Team

The objective of the scheme is to invest in companies whose securities are included in Nifty Bank Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty Bank Index in the same weightage that they represent in Nifty Bank Index. However Read More