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Mutual Fund News
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

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 50: 1843 Days
Sep 2, 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 such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme. There is no Read More

Mirae Asset Mutual Fund launches Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Sep 1, 2021 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset S&P 500 Top 50 ETF. 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 term Read More

Mirae Asset Mutual Fund launches Mirae Asset S&P 500 Top 50 ETF
Sep 1, 2021 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the S&P 500 Top 50 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

ICICI Prudential Mutual Fund launches ICICI Prudential Alpha Low Vol 30 ETF FOF
Sep 1, 2021 by News Team

ICICI Prudential Alpha Low Vol 30 ETF FOF (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Alpha Low Vol 30 ETF. There can be no assurance or guarantee that the investment objectives of the scheme would be achieved. This product is suitable for Read More

Axis Mutual Fund launches Axis Consumption ETF
Aug 30, 2021 by News Team

To provide returns before expenses that closely correspond to the total returns of the NIFTY India Consumption Index subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long term wealth creation solution Read More

Kotak Mahindra Mutual Fund launches Kotak FMP Series 293
Aug 26, 2021 by News Team

The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of Read More