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Latest News on Mutual Funds

Edelweiss Mutual Fund launches Edelweiss Large & Midcap Index Fund
Nov 15, 2021 by News Team

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Large Midcap 250 Index subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any Read More

Axis Mutual Fund launches Axis Nifty 50 Index Fund
Nov 15, 2021 by News Team

To provide returns before expenses that closely corresponds to the total returns of the NIFTY 50 subject to tracking errors. However, there can be no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long term wealth creation solution. An index fund that seeks Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Business Cycle Fund
Nov 15, 2021 by News Team

The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. The scheme does not Read More

ICICI Prudential Mutual Fund launches ICICI Prudential S&P BSE 500 ETF FOF
Nov 12, 2021 by News Team

ICICI Prudential S&P BSE 500 ETF FOF (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of underlying scheme - ICICI Prudential S&P BSE 500 ETF. There can be no assurance or guarantee that the investment objectives of the scheme would be achieved. This Read More

IDFC Mutual Fund launches IDFC Multi Cap Fund
Nov 11, 2021 by News Team

The Fund seeks to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap, small cap stocks. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised. This product is suitable for investors who are seeking... Read More

Quant Mutual Fund launches Quant Value Fund
Nov 10, 2021 by News Team

The primary investment objective of the scheme is to seek to achieve capital appreciation in the long-term by primarily investing in a welldiversified portfolio of value stocks. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive Read More

IIFL Mutual Fund launches IIFL Quant Fund
Nov 8, 2021 by News Team

The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities selected based on quant theme. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. This product is suitable for investors Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 54: 1842 Days
Nov 1, 2021 by News Team

The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved. The product is Read More

HDFC Mutual Fund launches HDFC NIFTY Next 50 index Fund
Oct 22, 2021 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (Underlying Index), 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 returns that are... Read More

LIC Mutual Fund launches LIC MF Balanced Advantage Fund
Oct 21, 2021 by News Team

The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt and money market instruments. The scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there is no assurance or guarantee that Read More