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Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential Flexicap fund
Jun 28, 2021 by News Team

To generate long-term capital appreciation by investing predominately in equity & equity related instruments across market capitalization. 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 are seeking long term wealth creation Read More

ITI Mutual Fund launches ITI Dynamic Bond Fund
Jun 25, 2021 by News Team

The investment objective of the scheme is to maximise returns through an active management of a portfolio comprising of 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 regular income over Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TI: 1837 Days
Jun 22, 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

Nippon India Mutual Fund launches Nippon India Nifty Pharma ETF
Jun 21, 2021 by News Team

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY Pharma 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. The Read More

Tata Mutual Fund launches Tata Floating Rate Fund
Jun 21, 2021 by News Team

The objective of the scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 45: 1840 Days
Jun 14, 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

HDFC Mutual Fund launches HDFC Banking and Financial Services Fund
Jun 11, 2021 by News Team

To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in banking and financial services. There is no assurance that the investment objective of the Scheme will be realized. The product is suitable for investors who are seeking to generate long-term Read More

Axis Mutual Fund launches Axis Quant Fund
Jun 11, 2021 by News Team

To generate long-term capital appreciation by investing primarily in equity and equity related instruments selected based on a quantitative model. 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 capital appreciation over long term. An Read More

BOI AXA Mutual Fund launches BOI AXA Bluechip Fund
Jun 8, 2021 by News Team

The investment objective of the scheme is to provide investors with the opportunities long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies. However, there can be no assurance that the income can be generated, regular or otherwise, or the investment objective of the Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty 50 Index Fund
May 31, 2021 by News Team

The investment objective of the scheme is to replicate the composition of the Nifty 50 and to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized. The product is suitable for investors who are seeking Read More