Mutual Fund News

Nippon Life Insurance of Japan completes acquisition of 75 percent stake in Reliance Nippon Life Asset Management

Sep 30, 2019 by Reliance Mutual Fund

Mumbai, Sep 27, 2019: Nippon Life Insurance of Japan today announced that it has successfully completed the acquisition of 75% stake in Reliance Nippon Life Asset Management (RNAM) from Reliance Capital Ltd. Nippon Life initially invested to acquire 26% stake in 2012. With this latest transaction, Nippon Life’s total gross... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 19: 1115 Days

Sep 30, 2019 by Advisorkhoj 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

Motilal Oswal Mutual Fund launches Motilal Oswal Large and Midcap Fund (MOFLM)

Sep 27, 2019 by Advisorkhoj Team

The investment objective is to provide medium to long-term capital appreciation by investing primarily in Large and Midcap stocks. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This product is suitable for investors who are seeking long term capital appreciation... Read More

Axis Mutual Fund launches Axis Nifty 100 Index Fund

Sep 27, 2019 by Advisorkhoj Team

To provide returns before expenses that closely corresponds to the total returns of the NIFTY 100 subject to tracking errors. However, there can be no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking long term wealth creation solution. An index fund that... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Commodities Fund

Sep 25, 2019 by Advisorkhoj Team

To generate long-term capital appreciation by creating a portfolio that is invested predominantly in equity and equity related securities of companies engaged in commodity and commodity related sectors. However there can be no assurance or guarantee that the investment objective of the scheme would be... Read More

Tata Mutual Fund launches Tata Banking & PSU Debt Fund

Sep 19, 2019 by Advisorkhoj Team

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However, there is no... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Global Advantage Fund

Sep 16, 2019 by Advisorkhoj Team

ICICI Prudential Global Advantage Fund (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of one or more mutual fund schemes / ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which predominantly invest in international markets. A... Read More

SBI Mutual Fund launches SBI Capital Protection Oriented Fund: Series A (Plan 6)

Sep 12, 2019 by Advisorkhoj Team

The scheme is a close-ended capital protection oriented scheme. The scheme endeavors to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the scheme as the primary objective and generate capital appreciation by investing in equity and equity related... Read More

Sundaram Equity Fund garners Rs. 358 crore

Sep 11, 2019 by Sundaram Mutual Fund

September 9, 2019, MUMBAI: Sundaram Mutual’s recent NFO – Sundaram Equity Fund which closed for subscription on August 30, 2019 has raised र358 crore from 30,932 investors. The fund is an open-ended equity scheme in the Multi Cap category and will deploy its corpus across Large, Mid and Small... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 18: 1108 Days

Sep 11, 2019 by Advisorkhoj Team

SBI Mutual Fund launches SBI Capital Protection Oriented Fund: Series A (Plan 5)

Aug 22, 2019 by Advisorkhoj Team

The scheme is a close-ended capital protection oriented scheme. The scheme endeavors to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 17: 1116 Days

Aug 20, 2019 by Advisorkhoj Team

ITI Mutual Fund launches ITI Arbitrage Fund

Aug 20, 2019 by Advisorkhoj Team

The investment objective of the scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty Smallcap 250 Index Fund (MOFSMALLCAP)

Aug 19, 2019 by Advisorkhoj Team

The scheme seeks investment return that corresponds to the performance of Nifty Smallcap 250 Index subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This product is suitable for investors who are seeking return that corresponds... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty Midcap 150 Index Fund (MOFMIDCAP)