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Mutual Fund News
Axis Mutual Fund launches Axis Fixed Term Plan: Series 120
Jan 18, 2024 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 that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns. The product is... Read More

UTI Mutual Fund launches UTI Nifty IT ETF
Jan 17, 2024 by News Team

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

Old Bridge Mutual Fund launches Old Bridge Focused Equity Fund
Jan 17, 2024 by News Team

To generate long-term capital appreciation by investing in equity and equity related instruments of up to 30 companies across market capitalization (i.e. Mid cap, Small cap, Large cap). Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realized. The product is suitable for investors... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Large Cap Fund
Jan 17, 2024 by News Team

To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of large cap companies. However, there can be no assurance that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking long term capital growth by investing... Read More

Groww Mutual Fund launches Groww Banking & Financial Services Fund
Jan 17, 2024 by News Team

The primary investment objective of the scheme is to generate consistent long-term returns by investing in equity and equity-related instruments of banking and financial services companies and other related sectors/companies. The fund aims to capitalize on the growth opportunities and growth potential of various... Read More

WhiteOak Capital Mutual Fund launches WhiteOak Capital Pharma and Healthcare Fund
Jan 16, 2024 by News Team

The primary objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of Pharma and Healthcare companies. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are... Read More

SBI Mutual Fund launches SBI Nifty50 Equal Weight Index Fund
Jan 16, 2024 by News Team

The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme would be achieved. The product is suitable for investors who are... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Nifty Bank ETF
Jan 16, 2024 by News Team

The investment objective of the scheme is to provide returns that are corresponding with the performance of the Nifty Bank Index, subject to tracking errors. 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 wealth... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Nifty 50 ETF
Jan 16, 2024 by News Team

The investment objective of the scheme is to provide returns that are corresponding with the performance of the NIFTY 50 Index, subject to tracking errors. 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 wealth creation... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty50 Value 20 Index Fund
Jan 16, 2024 by News Team

The objective of the scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective... Read More