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Mutual Fund News
Nippon India Mutual Fund launches Nippon India Nifty Auto 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 Auto 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

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life BSE India Infrastructure Index Fund
Nov 14, 2024 by News Team

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the BSE India Infrastructure Total Return Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment... Read More

UTI Mutual Fund launches UTI Nifty Midcap 150 Index Fund
Nov 11, 2024 by News Team

The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total return 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. This product is suitable... Read More

UTI Mutual Fund launches UTI Nifty Alpha Low Volatility 30 Index Fund
Nov 11, 2024 by News Team

The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total return 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. This product is suitable... Read More

Tata Mutual Fund launches Tata India Innovation Fund
Nov 11, 2024 by News Team

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance or guarantee that the investment objective... Read More

Samco Mutual Fund launches Samco Arbitrage Fund
Nov 11, 2024 by News Team

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Consumption Fund
Nov 8, 2024 by News Team

The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand. However, there is no assurance that the investment objective of the scheme will... Read More

Axis Mutual Fund launches Axis CRISIL IBX AAA Bond Financial Services Sep 2027 Index Fund
Nov 8, 2024 by News Team

The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index - Sep 2027, subject to tracking error/ tracking difference. There is no assurance that the investment... Read More

Shriram Mutual Fund launches Shriram Liquid Fund
Nov 4, 2024 by News Team

The investment objective of the scheme is to generate optimal returns consistent with lower to moderate levels of risk and high liquidity by investing in debt and money market instruments. The fund maintains an average maturity in the range of <91 days. There is no assurance that the investment objective of the scheme will be... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty 1D Rate Liquid ETF Growth
Nov 4, 2024 by News Team

The investment objective is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The scheme endeavors to provide returns that before expenses, closely correspond to the returns... Read More