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Latest News on Mutual Funds

Tata Mutual Fund launches Tata Housing Opportunities Fund
Aug 16, 2022 by News Team

To generate long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure... Read More

Mirae Asset Mutual Fund launches Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Aug 16, 2022 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Global X Artificial Intelligence & Technology ETF. There is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns. This product is suitable for... Read More

Mirae Asset Mutual Fund launches Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund
Aug 16, 2022 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials. There is no assurance that the investment objective of... Read More

Franklin Templeton Mutual Fund launches Franklin India Balanced Advantage Fund
Aug 16, 2022 by News Team

The scheme intends to generate long-term capital appreciation and income generation by investing in a dynamically managed portfolio of equity & equity related instruments and fixed income and money market instruments. There can be no assurance that the investment objective of the scheme will be realized. This product is suitable... Read More

Navi Mutual Fund launches Navi Nifty India Manufacturing Index Fund
Aug 12, 2022 by News Team

The investment objective of the scheme is to achieve return equivalent to Nifty India Manufacturing Index by investing in stocks of companies comprising Nifty India Manufacturing Index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Alpha Low Volatility 30 ETF
Aug 12, 2022 by News Team

The investment objective of the scheme is to generate returns that are in line with the performance of Nifty Alpha Low Volatility 30 Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved. The product is suitable for investors who... Read More

JM Financial Mutual Fund launches JM Short Duration Fund
Aug 10, 2022 by News Team

The scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can be no assurance that... Read More

Trust Mutual Fund launches TRUSTMF Money Market Fund
Aug 5, 2022 by News Team

To generate income/ capital appreciation by investing in money market instruments having maturity of upto 1 year. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking Income over short term by investing in money market... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Infrastructure ETF
Aug 5, 2022 by News Team

The investment objective of the scheme is to provide returns before expenses that closely 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... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TV: 1169 Days
Aug 4, 2022 by News Team

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the scheme. The scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who... Read More