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Latest News on Mutual Funds

Mirae Asset Mutual Fund launches Mirae Asset Nifty 1D Rate Liquid ETF
Jul 24, 2023 by News Team

The investment objective is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The Scheme endeavors to provide returns that before expenses, closely correspond to the returns of... Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty Financial Services Ex-Bank Index Fund
Jul 24, 2023 by News Team

The investment objective of the scheme is to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Flexi Cap Fund
Jul 24, 2023 by News Team

To generate long term capital appreciation by investing predominantly in equity and equity related instruments across market capitalisation. However, there is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking wealth creation/capital appreciation over long term... Read More

UTI Mutual Fund launches UTI Balance Advantage Fund
Jul 21, 2023 by News Team

The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. 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 capital... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty 200 Quality 30 ETF
Jul 21, 2023 by News Team

The investment objective of the scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This product is suitable for investors who are seeking... Read More

DSP Mutual Fund launches DSP S&P BSE Sensex ETF
Jul 17, 2023 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (S&P BSE Sensex TRI), subject to tracking errors. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking long-term capital growth by... Read More

DSP Mutual Fund launches DSP Nifty PSU Bank ETF
Jul 17, 2023 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty PSU Bank TRI), subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long-term capital growth by... Read More

DSP Mutual Fund launches DSP Nifty Private Bank ETF
Jul 17, 2023 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Private Bank TRI), subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long-term capital growth by... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Money Market Fund
Jul 17, 2023 by News Team

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments. However, 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 short term by investing in... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty Bank ETF
Jul 12, 2023 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Bank Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved. This product is suitable for investors who are... Read More