Mutual Fund News
Axis AMC's Growth Avenues AIF achieves final close, hits Rs 1,000-crore target
Axis Asset Management Company, an arm of private sector lender Axis Bank, has raised over Rs 1,000 crore through the final close of Axis Growth Avenues AIF - I, aiming to fund ideas across sectors with deep technology as their key proposition. The asset management company has concluded the fund raise including the green-shoe... Read More
Sundaram Asset Management receives SEBI approval for purchase of Principal: AMC in India
Chennai, November 19, 2021 -Sundaram Asset Management Company Limited("Sundaram"), a 100% subsidiary of Sundaram Finance Ltd., has received regulatory approvalfor the purchase of the asset management businesses of Principal Asset Management Pvt. Ltd. ("Principal India"). Sundaram will acquire the schemes managed... Read More
Webinar: HDFC Multi Cap Fund NFO by Mr Gopal Agrawal on 15th Nov 2021 at 4:30PM
HDFC Multi Cap Fund (An open ended equity scheme investing across large cap, mid cap & small cap stocks) is suitable for investors who are seeking. To generate long-term capital appreciation/income. Investment in equity and equity related securities of large cap, mid cap and small cap companies... Read More
Presenting Aditya Birla Sun Life Business Cycle Fund
Every economy goes through growth phases - periods of rising growth, that begins to decline after a peak; only to rise again from a bottom slump. This 'expansion' and 'contraction' is cyclical. Each phase favours growth in different sectors and opens different cyclical opportunities. (For example – the pandemic opened up tremendous... Read More
Sundaram Mutual launches Sundaram Gurukulam
Change is the new constant!! Customer needs are evolving rapidly as is the investment market place. In the new Digital World, customer engagement, retention and acquisition methodologies will need to be re-visited. Thus the need to continuously upgrade skills and knowledge... Read More
Mahindra Mutual Fund launches Mahindra Manulife Asia Pacific REITs FOF
The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in units of Manulife Global Fund – Asia Pacific REIT Fund, an overseas fund primarily investing in real estate investment trusts (REITs) in the Asia Pacific ex-Japan region. However, there can be no assurance that the investment... Read More
ICICI Prudential Mutual Fund launches ICICI Prudential NASDAQ 100 Index Fund
The objective of the scheme is to invest in companies whose securities are included in NASDAQ-100 Index® and subject to tracking errors, to endeavor to achieve the returns of the above index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved. The product is suitable for... Read More
MFCentral: Single platform for all mutual fund transactions
KFin Technologies and CAMS in association with AMFI have jointly launched MFCentral (MFC) an online platform for all mutual fund services for the investors. It will provide access to all fund houses in the mutual fund industry. MFC will be launched in different phases. Phase 1, which was launched on 23rd September 2021, will enable... Read More
SBI Mutual Fund launches SBI Fixed Maturity Plan Series 52: 1848 Days
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 maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved. The product is... Read More
Motilal Oswal Mutual Fund launches Motilal Oswal 5 Year G-Sec Fund of Fund
The investment objective of the scheme is to seek returns by investing in units of Motilal Oswal 5 Year G-Sec ETF. 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 return that... Read More
ICICI Prudential Mutual Fund launches ICICI Prudential PSU Bond plus SDL 40:60 Index Fund Sep 2027
The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Sep 2027 40:60 Index by investing in AAA rated PSU bonds and SDLs, maturing on or before Sep 2027, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved and the scheme... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty SDL Plus PSU Bond SEP 2026 60:40 Index Fund
The investment objective of the scheme is to track the Nifty SDL Plus PSU Bond Sep 2026 60:40 Index by investing in PSU Bonds and SDLs, maturing on or before September 2026, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be... Read More
White Oak Capital Group gets regulatory approval to become sponsor of YES Mutual Fund
September 16, 2021, Mumbai: White Oak Capital group has today announced receiving SEBl's approval for I) Registration of GPL Finance and Investments Limited (GPL Finance) as a sponsor of Mutual Funds under SEBI (Mutual Funds) Regulations, 1996 and II) change in control of YES Asset Management (India) Limited (YES AMC) from YES Bank Limited (YBL) to GPL Finance... Read More
Sundaram Mutual relaunches Partner Health camps as Sundaram Sanjeevani
Sundaram Mutual, which had been conducting health camps for its distribution partners since 2016, has now revived and relaunched the same after a short break due to the logistical challenges posed by the pandemic. Branded ‘Sundaram Sanjeevani’, the program focusses on carrying out a comprehensive health checkup at 80 plus locations... Read More
HDFC Mutual Fund launches HDFC Developed World Indexes Fund of Funds
The investment objective of the scheme is to provide long-term capital appreciation by passively investing in units/shares of overseas Index Funds and/or ETFs which will in aggregate closely correspond to the MSCI World Index, subject to tracking errors. There is no assurance that the investment objective of the scheme will be... Read More
Recent News
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Kotak Mahindra Mutual Fund launches Kotak Multicap Fund
Sep 8, 2021
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Notice cum Addendum Change in Bench mark and Removal of Exit load in Sundaram Medium Term Bond Fund
Sep 6, 2021
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HSBC Mutual Fund launches HSBC Mid Cap Fund
Sep 6, 2021
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Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLIII Series 2
Sep 3, 2021
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Axis Mutual Fund launches Axis Value Fund
Sep 2, 2021
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