IDFC mutual Fund is launching IDFC Equity Opportunity – Series 3 – the NFO, A close ended equity scheme launches on 10th Feb 2014 and closes on 24th Feb 2014. The fund will mature on 30th November 2015. The primary investment objective of the Scheme is to seek to generate capital... Read More
There is a flurry of new fund offers that opened today. Most of these were close ended Fixed Maturity Plans with tenures ranging from 366 days to 840 days, offered by fund houses such as Birla Sunlife, Deutsche, HDFC, IDFC, Sundaram and Tata Mutual Funds. The schemes close... Read More
DSP Black Rock Mutual Fund has launched New Fund Offer (NFO) of DSP BlackRock Dynamic Asset Allocation Fund (Scheme), an open ended fund of funds Scheme. The NFO is open for subscription from Jan 17, 2014 and will close on Jan 31, 2014. Exit load will be applicable as 1% of NAV... Read More
Foreign Institutional Investors (FIIs), major participants in the Indian stock market, were gross buyers of shares worth Rs 7,46,334 crore and sellers of equities worth Rs 6,45,757 crore till December 6 which translates into a net inflow of Rs 1,00,577 crore (USD 18 billion) – source: Sebi website… Read More
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