Mutual Fund News

Notice cum Addendum: Change in features of IDFC Credit Opportunities Fund

Apr 12, 2018 by IDFC Mutual Fund

NOTICE is hereby given that pursuant to SEBI circulars dated October 6, 2017 and December 4, 2017 on categorization and rationalization of mutual fund schemes, the features of IDFC Credit Opportunities Fund, an open ended debt fund, shall stand modified as follows with effect from Monday, May 14, 2018... Read More

Notice cum Addendum: Change in scheme features of IDFC Mutual Fund

Apr 12, 2018 by IDFC Mutual Fund

NOTICE is hereby given that IDFC Money Manager Fund - Investment Plan (MMF-IP) shall be merged into IDFC Super Saver Income Fund - Short Term Plan (SSIF-ST) with effect from Monday, May 14, 2018... Read More

Closure of acceptance of fresh subscriptions in Aditya Birla Sun Life Tax Plan

Apr 12, 2018 by Aditya Birla Sunlife Mutual Fund

NOTICE IS HEREBY GIVEN THAT, the Board of Directors of Aditya Birla Sun Life Trustee Private Limited (Trustee to Aditya Birla Sun Life Mutual Fund) has decided to discontinue acceptance of fresh subscription/switch-in application(s) in Aditya Birla Sun Life Tax Plan, an Open ended Equity... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Bharat Consumption Fund: Series 2

Apr 12, 2018 by Advisorkhoj Team

The investment objective of the scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that the investment objective of the scheme... Read More

SBI Mutual Fund launches SBI Long Term Advantage Fund Series VI

Apr 11, 2018 by Advisorkhoj Team

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there can be no assurance that the investment objective of the scheme will be realized... Read More

Reliance Mutual Fund launches Reliance Fixed Horizon Fund XXXVII Series 1

Apr 10, 2018 by Advisorkhoj Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other... Read More

Kotak Equity Savings Fund Announces Dividend

Apr 10, 2018 by Kotak Mahindra Mutual Fund

NOTICE is hereby given that Kotak Mahindra Trustee Company Limited; the Trustee to Kotak Mahindra Mutual Fund has approved declaration of dividend under the Monthly Dividend Option of the Kotak Equity... Read More

Essel Mutual Fund launches Essel Equity Hybrid Fund

Apr 9, 2018 by Advisorkhoj Team

The investment objective of the scheme is to provide periodic returns and capital appreciation over a long period of time, investing predominantly in equity and equity related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series PS: 1099 Days

Apr 9, 2018 by Advisorkhoj 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 scheme's objectives will be achieved. The product is suitable for investors who are... Read More

IIFL Mutual Fund launches IIFL Capital Enhancer Fund – Series 1

Apr 5, 2018 by Advisorkhoj Team

To achieve long term capital appreciation by investing in equity and equity related securities, with strategy of hedging the portfolio with Nifty 50 put option and other equity derivatives. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This product is... Read More

IDFC Mutual Fund launches IDFC Fixed Term Plan Series 145

Apr 5, 2018 by Advisorkhoj Team

The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realized. This product is suitable for... Read More

Union AMC appoints Mr. Vinay Paharia as the Chief Investment Officer (CIO)

Apr 3, 2018 by Union Mutual Fund

Union Asset Management Company Private Limited (“Union AMC”) appoints Mr. Vinay Paharia as the Chief Investment Officer (CIO). Mr. Paharia brings with him over 15 years of extensive experience covering the entire gamut of research and fund management. As the CIO, Vinay will be responsible for overseeing... Read More

Reliance Mutual Fund launches Reliance Fixed Horizon Fund XXXVI Series 10

Apr 3, 2018 by Advisorkhoj Team

Sundaram Mutual Fund launches Sundaram Long Term Tax Advantage Fund Series IV

Apr 3, 2018 by Advisorkhoj Team

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there is no guarantee or assurance that the investment objective of the scheme will be... Read More

UTI Mutual Fund launches UTI Capital Protection Oriented Scheme Series X II 1134 Days

Apr 2, 2018 by Advisorkhoj Team

The investment objective of the scheme is to endeavour to protect the capital by investing in high quality fixed income securities as the primary objective and generate capital appreciation by investing in equity and equity related instruments as secondary objective. However, there is no assurance that the investment... Read More