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Latest News on Mutual Funds

HDFC Mutual Fund launches HDFC NIFTY50 Equal Weight Index Fund
Aug 4, 2021 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY50 Equal Weight Index TRI (Underlying Index), subject to tracking error. 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

Mirae Asset Mutual Fund launches Mirae Asset Money Market Fund
Aug 4, 2021 by News Team

The investment objective of the scheme is to generate reasonable returns with low risk and provide liquidity by investing in money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking short term savings Read More

UTI Mutual Fund launches UTI Focused Equity Fund
Aug 2, 2021 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in equity & equity related instruments of maximum 30 stocks across market caps. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for investors who Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 48: 1458 Days
Jul 30, 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

Mahindra Mutual Fund launches Mahindra Manulife Flexi Cap Yojana
Jul 30, 2021 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalization. However, there can be no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are Read More

IDFC Mutual Fund launches IDFC US Equity Fund of Fund
Jul 29, 2021 by News Team

The Fund seeks to generate long term capital appreciation by investing in units/shares of overseas Mutual Fund Scheme (/s) / Exchange Traded Fund (/s) investing in US Equity securities. However, there can be no assurance that the investment objective of the scheme will be realized. This product is suitable for investors who are Read More

Nippon India Mutual Fund launches Nippon India Flexi Cap Fund
Jul 26, 2021 by News Team

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. The Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty Financial Services ETF
Jul 22, 2021 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error. The scheme does not guarantee or assure any returns. This product is suitable for investors who are seeking returns that Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 47: 1434 Days
Jul 20, 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

Trust Mutual Fund launches TRUSTMF Short Term Fund
Jul 20, 2021 by News Team

The scheme will endeavour to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments. 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 income over short term by Read More