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Mutual Fund News
Mirae Asset Mutual Fund launches Mirae Asset Hang Seng TECH ETF
Nov 17, 2021 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Hang Seng TECH Total Return Index, subject to tracking error and forex movement. The scheme does not guarantee or assure any returns. This product is suitable for investors who are seeking Read More

Axis Mutual Fund launches Axis Fixed Term Plan: Series 109
Nov 17, 2021 by News Team

The scheme will endeavour to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the scheme. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The acheme does not assure or guarantee any returns. The Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 55: 1849 Days
Nov 16, 2021 by News Team

The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved. The product is... Read More

PGIM India Mutual Fund launches PGIM India Global Select Real Estate Securities Fund of Fund
Nov 15, 2021 by News Team

The primary investment objective of the scheme is to generate long term capital appreciation from investing in the units of PGIM Global Select Real Estate Securities Fund, which primarily invests in REITs and equity and equity related securities of real estate companies located throughout the world. However, there can be no... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal MSCI EAFE Top 100 Select Index Fund
Nov 15, 2021 by News Team

The investment objective is to generate long term capital appreciation by investing in securities of MSCI EAFE Top 100 Select Index subject to tracking error. 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 seeking returns that Read More

ITI Mutual Fund launches ITI Banking and Financial Services Fund
Nov 15, 2021 by News Team

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the scheme would be achieved. The Read More

Edelweiss Mutual Fund launches Edelweiss Large & Midcap Index Fund
Nov 15, 2021 by News Team

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Large Midcap 250 Index subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any Read More

Axis Mutual Fund launches Axis Nifty 50 Index Fund
Nov 15, 2021 by News Team

To provide returns before expenses that closely corresponds to the total returns of the NIFTY 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 that seeks Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Business Cycle Fund
Nov 15, 2021 by News Team

The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. The scheme does not Read More

ICICI Prudential Mutual Fund launches ICICI Prudential S&P BSE 500 ETF FOF
Nov 12, 2021 by News Team

ICICI Prudential S&P BSE 500 ETF FOF (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of underlying scheme - ICICI Prudential S&P BSE 500 ETF. There can be no assurance or guarantee that the investment objectives of the scheme would be achieved. This Read More