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Mutual Fund News
HDFC Mutual Fund launches HDFC Nifty India Digital Index Fund
Nov 22, 2024 by News Team

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

Axis Mutual Fund launches Axis Momentum Fund
Nov 22, 2024 by News Team

The scheme aims to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameters... Read More

Mirae Asset Mutual Fund launches Mirae Asset Long Duration Fund
Nov 21, 2024 by News Team

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the scheme will be realized... Read More

Edelweiss Mutual Fund launches Edelweiss CRISIL IBX AAA Financial Services Jan 2028 Index Fund
Nov 21, 2024 by News Team

The investment objective of the scheme is to replicate CRISIL IBX AAA Financial Services - Jan 2028 Index by investing in AAA rated financial services corporate bond issuers maturing on or before January 2028, subject to tracking errors. There is no assurance that the investment objective of the scheme will be... Read More

Franklin Templeton Mutual Fund launches Franklin India Long Duration Fund
Nov 20, 2024 by News Team

The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This... Read More

PGIM India Mutual Fund launches PGIM India Healthcare Fund
Nov 19, 2024 by News Team

The primary investment objective of the scheme is to seek to generate consistent returns by predominantly investing in equity and equity related securities of pharmaceutical and healthcare companies. However, there is no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee... Read More

Shriram Mutual Fund launches Shriram Multi Sector Rotation Fund
Nov 18, 2024 by News Team

The investment objective of the scheme is to generate long-term capital appreciation by employing a quanta mental approach of investing in equity and equity derivatives of specific sectors that are trending due to better earnings expectation. The allocation among sectors and stock selection will be decided by the in-house... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Equity Minimum Variance Fund
Nov 18, 2024 by News Team

To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. This product is suitable for investors who are... Read More

Bandhan Mutual Fund launches Bandhan Nifty 200 Quality 30 Index Fund
Nov 18, 2024 by News Team

The investment objective of the scheme is to replicate the Nifty 200 Quality 30 Index by investing in securities of the Nifty 200 Quality 30 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty 200 Quality 30 Index, subject to tracking errors. However, there is no... Read More

Nippon India Mutual Fund launches Nippon India Nifty Realty Index Fund
Nov 14, 2024 by News Team

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty Realty Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be achieved. This product is... Read More