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Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential Bharat Consumption Fund: Series 2
Apr 12, 2018 by News Team

The investment objective of the scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that Read More

SBI Mutual Fund launches SBI Long Term Advantage Fund Series VI
Apr 11, 2018 by News Team

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there can be no assurance that the investment objective of Read More

Reliance Mutual Fund launches Reliance Fixed Horizon Fund XXXVII Series 1
Apr 10, 2018 by News Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility Read More

Kotak Equity Savings Fund Announces Dividend
Apr 10, 2018 by Kotak Mahindra Mutual Fund

NOTICE is hereby given that Kotak Mahindra Trustee Company Limited; the Trustee to Kotak Mahindra Mutual Fund has approved declaration of dividend under the Monthly Dividend Option of the Kotak Equity Savings Fund, an open-ended equity Scheme. The details are as under Read More

Essel Mutual Fund launches Essel Equity Hybrid Fund
Apr 9, 2018 by News Team

The investment objective of the scheme is to provide periodic returns and capital appreciation over a long period of time, investing predominantly in equity and equity related instruments. However, there is no assurance or guarantee that the investment objective of the scheme Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series PS: 1099 Days
Apr 9, 2018 by News Team

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme does not guarantee/indicate any returns. There can be no assurance that the scheme's objectives will be achieved. The product Read More

IIFL Mutual Fund launches IIFL Capital Enhancer Fund – Series 1
Apr 5, 2018 by News Team

To achieve long term capital appreciation by investing in equity and equity related securities, with strategy of hedging the portfolio with Nifty 50 put option and other equity derivatives. However, there can be no assurance or guarantee that the investment objective of the scheme Read More

IDFC Mutual Fund launches IDFC Fixed Term Plan Series 145
Apr 5, 2018 by News Team

The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realized Read More

Union AMC appoints Mr. Vinay Paharia as the Chief Investment Officer (CIO)
Apr 3, 2018 by Union Mutual Fund

Union Asset Management Company Private Limited (“Union AMC”) appoints Mr. Vinay Paharia as the Chief Investment Officer (CIO). Mr. Paharia brings with him over 15 years of extensive experience covering the entire gamut of research and fund management. As the CIO, Vinay Read More

Reliance Mutual Fund launches Reliance Fixed Horizon Fund XXXVI Series 10
Apr 3, 2018 by News Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility Read More