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Latest News on Mutual Funds

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

HDFC Mutual Fund launches HDFC NIFTY PSU Bank ETF
Jan 12, 2024 by News Team

The investment objective of the Scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY PSU Bank Index (TRI), over long term, 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... Read More

DSP Mutual Fund launches DSP Nifty Healthcare ETF
Jan 11, 2024 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Healthcare TRI), subject to tracking errors. 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 capital... Read More

Mirae Asset Mutual Fund launches Mirae Asset Multi Asset Allocation Fund
Jan 10, 2024 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in equity and equity related securities, Debt and money market instruments, Gold ETFs, Silver ETFs and Exchange Traded Commodity Derivatives. However, there is no assurance that the investment objective of the scheme... Read More

Bandhan Mutual Fund launches Bandhan Multi Asset Allocation Fund
Jan 10, 2024 by News Team

The investment objective of the scheme is to generate income and provide long term capital appreciation by investing in instruments across multiple asset classes namely Equity & Equity Related Instruments, Debt & Money Market Securities and Gold/Silver related instruments. However, there is no assurance or guarantee that the... Read More

Zerodha Mutual Fund launches Zerodha Nifty 1D Rate Liquid ETF
Jan 8, 2024 by News Team

The investment objective of the scheme is to invest in Tri Party repo on Government securities or treasury bills (TREPS). The scheme aims to provide investment returns that, before expenses, correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error. There is no assurance or guarantee that the... Read More

Kotak Mutual Fund launches Kotak FMP Series 327
Jan 8, 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

DSP Mutual Fund launches DSP Multicap Fund
Jan 8, 2024 by News Team

The investment objective of the scheme is to seek to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization. There is no assurance that the by investing objective of the scheme will be achieved. The product is suitable for investors who are seeking long term capital... Read More

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty 50 Index Fund
Jan 8, 2024 by News Team

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Total Returns Index before expenses, subject to tracking errors, fees and expenses. However, there is no assurance that the objective of the scheme will be realized, and the... Read More

Sundaram Mutual Fund launches Sundaram Multi Asset Allocation Fund
Jan 5, 2024 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments and Gold ETFs. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being... Read More