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Latest News on Mutual Funds

Mirae Asset Mutual Fund launches Mirae Asset ESG Sector Leaders ETF
Oct 29, 2020 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 100 ESG Sector Leaders 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

Mahindra Mutual Fund launches Mahindra Manulife Focused Equity Yojana
Oct 29, 2020 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation. However, there can be no assurance that the investment objective of the scheme will be achieved. This product is Read More

Axis Mutual Fund launches Axis Banking ETF
Oct 16, 2020 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 Bank 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

Quant Mutual Fund launches Quant ESG Equity Fund
Oct 16, 2020 by News Team

To generate long term capital appreciation by investing in a diversified portfolio of companies demonstrating sustainable practices across Environmental, Social and Governance (ESG) parameters. However, there can be no assurance that the investment objective of the scheme will be achieved. The product is suitable for Read More

SBI Mutual Fund launches SBI Floating Rate Debt Fund
Oct 6, 2020 by News Team

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments. However, there is no Read More

SBI Mutual Fund launches SBI ETF IT
Oct 6, 2020 by News Team

The investment objective of the schemes is to provide return 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

SBI Mutual Fund launches SBI ETF Private Bank
Oct 6, 2020 by News Team

The investment objective of the scheme is to provide return 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 investors who are Read More

Edelweiss Mutual Fund launches Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Oct 6, 2020 by News Team

The scheme will invest in stocks comprising of the MSCI India Domestic & World Healthcare 45 Index with the objective to provide investment returns that, before expenses, closely corresponds to the returns equivalent to the index, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be Read More

ITI Mutual Fund launches ITI Banking & PSU Debt Fund
Oct 6, 2020 by News Team

The investment objective of the scheme is to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Special Opportunities Fund
Oct 6, 2020 by News Team

The investment objective of the scheme is to provide long term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy change and/or regulatory changes, companies going through temporary but unique challenges and other similar instances. The scheme Read More