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Mutual Fund News
Union Mutual Fund launches Union Business Cycle Fund
Feb 13, 2024 by News Team

The investment objective of the scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the scheme will be achieved. The... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
Feb 12, 2024 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Smallcap 250 Momentum Quality 100 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved. This product... Read More

Kotak Mutual Fund launches Kotak Technology Fund
Feb 12, 2024 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 Technology & technology related sectors However, there is no assurance that the objective of the scheme will be achieved. The product is suitable for investors... Read More

Kotak Mutual Fund launches Kotak FMP Series 328
Feb 9, 2024 by News Team

The investment objective of the scheme is to generate income by investing in debt and money market securities, maturing on or before the maturity of the scheme. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking income over a short term... Read More

HDFC Mutual Fund launches HDFC NIFTY200 Momentum 30 Index Fund
Feb 9, 2024 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY200 Momentum 30 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... Read More

Groww Mutual Fund launches Groww Nifty Smallcap 250 Index Fund
Feb 9, 2024 by News Team

The scheme seeks investment return that corresponds to the performance of Nifty Smallcap 250 Total Return Index subject to tracking error. 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 looking for return... Read More

LIC Mutual Fund launches LIC MF Nifty Midcap 100 ETF
Feb 8, 2024 by News Team

The investment objective of the scheme is to provide returns that correspond to the total returns of securities as represented by Nifty Midcap 100 Total Return Index, subject to tracking errors. There is no assurance or guarantee that the objective of the scheme would be achieved. The product is suitable for investors who are... Read More

HSBC Mutual Fund launches HSBC Multi Asset Allocation Fund
Feb 8, 2024 by News Team

The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable... Read More

Axis MF launches Axis S & P BSE Sensex Index Fund
Feb 8, 2024 by News Team

To provide returns before expenses that corresponds to the total returns of the S & P BSE Sensex TRI subject to tracking errors. However, there is 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... Read More

Bank of India Mutual Fund launches Bank of India Multi Asset Allocation Fund
Feb 7, 2024 by News Team

The investment objective of the scheme is to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF. However, there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any... Read More