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Latest News on Mutual Funds

Kotak Mahindra Mutual Fund launches Kotak Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index Fund
Oct 7, 2022 by News Team

The investment objective of the scheme is to track the Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index by investing in SDLs and PSU Bonds, maturing on or before Jul 2033, subject to tracking difference. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for... Read More

Axis Mutual Fund launches Axis NASDAQ 100 Fund of Fund
Oct 6, 2022 by Axis Mutual Fund

Mumbai, October 06, 2022: Axis Mutual Fund, one of the leading asset management companies in India announced the launch of the Axis NASDAQ 100 Fund of Fund (an open ended fund of fund scheme investing in units of ETFs focused on the Nasdaq 100 TRI). The fund would focus on replicating the performance of the NASDAQ 100 TRI... Read More

Samco Mutual Fund launches Samco Overnight Fund
Oct 6, 2022 by News Team

The investment objective of the scheme is to provide reasonable returns commensurate with very low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 day. However, there can be no assurance or guarantee that the investment objective... Read More

Tata Mutual Fund launches Tata Nifty Midcap 150 Momentum 50 Index Fund
Oct 6, 2022 by News Team

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure... Read More

LIC Mutual Fund launches LIC MF Multi Cap Fund
Oct 6, 2022 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap and small cap stocks. However, there is no assurance that the investment objective of the scheme will be realized. The product is suitable for... Read More

IDFC Mutual Fund launches IDFC Transportation and Logistics Fund
Oct 6, 2022 by News Team

The scheme seeks to generate long-term capital growth by investing predominantly in equity and equity related securities of companies engaged in the transportation and logistics sector. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised. This product is suitable for investors who... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Transportation and Logistics Fund
Oct 6, 2022 by News Team

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in transportation and logistics sectors. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty SDL Dec 2028 Index Fund
Oct 6, 2022 by News Team

The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Dec 2028 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. This... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty G: Sec Dec 2030 Index Fund
Oct 6, 2022 by News Team

The investment objective of the scheme is to track the Nifty G-sec Dec 2030 Index by investing in Government Securities, maturing on or before Dec 2030, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved and the scheme does not... Read More

Edelweiss Mutual Fund launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund
Oct 6, 2022 by News Team

The investment objective of the scheme is to replicate CRISIL IBX 50:50 Gilt Plus SDL Index – June 2027 by investing in Indian Government Bonds and SDLs, maturing on or before June 30, 2027, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized, and the scheme does not... Read More