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Latest News on Mutual Funds

ITI Mutual Fund launches ITI Value Fund
May 26, 2021 by News Team

The investment objective of the scheme is to seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related instruments by following value investing strategy. However, there can be no assurance that the investment objective of the scheme would be achieved. The product is suitable for Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 44: 1855 Days
May 19, 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

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty 50 Equal Weight index Fund
May 19, 2021 by News Team

The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Equal Weight TR Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. The product is Read More

Axis Mutual Fund launches Axis Global Innovation Fund of Fund
May 10, 2021 by News Team

To provide long term capital appreciation by predominantly investing in units of Schroder International Selection Fund Global Disruption, an equity fund that aims to provide capital growth by investing companies worldwide which benefit from disruption and to invest a part of corpus in debt, money market instruments and / or units of liquid Read More

PPFAS Mutual Fund launches Parag Parikh Conservative Hybrid Fund
May 7, 2021 by News Team

To generate regular income through investments predominantly in debt and money market instruments. The scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the scheme will be Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Healthcare ETF
May 6, 2021 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. The product is suitable for investors who are Read More

Tata Mutual Fund launches Tata Dividend Yield Fund
May 4, 2021 by News Team

The investment objective is to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme Read More

Axis Mutual Fund launches Axis Healthcare ETF
Apr 30, 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 Healthcare 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 Read More

SBI Mutual Fund launches SBI Nifty Next 50 Index Fund
Apr 28, 2021 by News Team

The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The product is suitable for Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TH: 1098 Days
Apr 27, 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