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Latest News on Mutual Funds

Mirae Asset Mutual Fund launches Mirae Asset S&P 500 Top 50 ETF
Sep 1, 2021 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the S&P 500 Top 50 Total Return Index, subject to tracking error and forex movement. The scheme does not guarantee or assure any returns. This product is suitable for investors who are seeking Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Alpha Low Vol 30 ETF FOF
Sep 1, 2021 by News Team

ICICI Prudential Alpha Low Vol 30 ETF FOF (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Alpha Low Vol 30 ETF. There can be no assurance or guarantee that the investment objectives of the scheme would be achieved. This product is suitable for Read More

Axis Mutual Fund launches Axis Consumption ETF
Aug 30, 2021 by News Team

To provide returns before expenses that closely correspond to the total returns of the NIFTY India Consumption Index subject to tracking errors. 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 wealth creation solution Read More

Kotak Mahindra Mutual Fund launches Kotak FMP Series 293
Aug 26, 2021 by News Team

The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of Read More

Baroda Mutual Fund launches Baroda Business Cycle Fund
Aug 24, 2021 by News Team

The investment objective of the scheme is to generate long term capital appreciation for investors 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. However Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 49: 1823 Days
Aug 18, 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 such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme. There is no Read More

Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLIII Series 1
Aug 13, 2021 by News Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other Read More

Canara Robeco Mutual Fund launches Canara Robeco Value Fund
Aug 13, 2021 by News Team

The fund aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instrument, with higher focus on value stocks. There is no assurance or guarantee that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking long term capital Read More

SBI Mutual Fund launches SBI Balanced Advantage Fund
Aug 12, 2021 by News Team

To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. 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 long term capital appreciation dynamic asset allocation between equity and equity Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TK: 1833 Days
Aug 10, 2021 by News Team

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