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Latest News on Mutual Funds

Groww Mutual Fund launches Groww Nifty EV And New Age Automotive ETF FOF
Jul 24, 2024 by News Team

The investment objective of the scheme is to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive ETF. 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 seeking by investing... Read More

Groww Mutual Fund launches Groww Nifty EV And New Age Automotive ETF
Jul 22, 2024 by News Team

The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty EV & New Age Automotive Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty EV & New Age Automotive Index, subject to tracking errors. However... Read More

Navi Mutual Fund launches Navi Nifty 500 Multicap 50:25:25 Index Fund
Jul 20, 2024 by News Team

The investment objective of the scheme is to achieve return equivalent to Nifty 500 Multicap 50:25:25 Index by investing in stocks of companies comprising Nifty 500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Manufacturing Fund
Jul 19, 2024 by News Team

To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the manufacturing activity. 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 capital appreciation... Read More

Canara Robeco Mutual Fund launches Canara Robeco Balanced Advantage Fund
Jul 12, 2024 by News Team

The fund aims to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments. 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

Kotak Mutual Fund launches Kotak BSE PSU Index Fund
Jul 10, 2024 by News Team

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

Edelweiss Mutual Fund launches Edelweiss Business Cycle Fund
Jul 9, 2024 by News Team

The Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. There is no assurance that the investment... Read More

Tata Mutual Fund launches Tata Nifty India Tourism Index Fund
Jul 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty India Tourism Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or... Read More

SBI Mutual Fund launches SBI Nifty50 Equal Weight ETF
Jul 8, 2024 by News Team

The investment objective of the scheme is to provide returns that, closely correspond 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 for... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
Jul 8, 2024 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking by investing predominantly in... Read More