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Mutual Fund News
Kotak Mutual Fund launches Kotak FMP Series 323
Oct 26, 2023 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

Kotak Mahindra Mutual Fund launches Kotak Consumption Fund
Oct 25, 2023 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 companies engaged in consumption and consumption related activities. However, there is no assurance that the objective of the scheme will be achieved. The... Read More

Bandhan Mutual Fund launches Bandhan Nifty Alpha 50 Index Fund
Oct 25, 2023 by News Team

The investment objective of the scheme is to replicate the Nifty Alpha 50 Index by investing in securities of the Nifty Alpha 50 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Alpha 50 Index, subject to tracking errors. However, there is no assurance... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Banking and PSU Fund
Oct 25, 2023 by News Team

To generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security... Read More

SBI Mutual Fund launches SBI NIFTY 1D Rate ETF
Oct 23, 2023 by News Team

The investment objective of the scheme is to generate returns, before expenses, that correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error. 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 seeking... Read More

PPFAS Mutual Fund launches Parag Parikh Arbitrage Fund
Oct 23, 2023 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 derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the... Read More

Helios Mutual Fund launches Helios Flexi Cap Fund
Oct 23, 2023 by News Team

To generate long-term capital appreciation by investing predominantly in equity & equity related instruments across market capitalization. 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 by investing... Read More

Zerodha Mutual Fund launches Zerodha Nifty LargeMidcap 250 Index Fund
Oct 20, 2023 by News Team

The investment objective of the scheme is to invest in stocks comprising the Nifty LargeMidcap 250 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty LargeMidcap 250 Index (subject to tracking error). There can be no assurance or guarantee that the investment objective.... Read More

Zerodha Mutual Fund launches Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Oct 20, 2023 by News Team

The investment objective of the scheme is to invest in stocks comprising the Nifty LargeMidcap 250 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty LargeMidcap 250 Index (subject to tracking error), while offering deduction on such investment made in the scheme under... Read More

Helios Mutual Fund launches Helios Overnight Fund
Oct 19, 2023 by News Team

The primary objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of 1 business day including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or guarantee that... Read More