Latest News on Mutual Funds
Groww Mutual Fund launches Groww Nifty Non-Cyclical Consumer Index Fund
The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. However... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty PSE ETF
The investment objective of the scheme is to generate returns that are in line with the performance of Nifty PSE Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series UU: 98 Days
The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the scheme. The scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More
HDFC Mutual Fund launches HDFC Manufacturing Fund
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking to generate longterm capital... Read More
Edelweiss Mutual Fund launches Edelweiss Nifty Alpha Low Volatility 30 Index Fund
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Alpha Low Volatility 30 Index, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee... Read More
Kotak Mutual Fund launches Kotak FMP Series 330
The investment objective of the scheme is to generate income by investing in debt and money market securities, maturing on or before the maturity of the scheme. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking income over a short term... Read More
Groww receives SEBI approval to launch Indias first Nifty Non-Cyclical Consumer Index Fund
Groww, one of India’s leading financial services companies, has received SEBI (Securities and Exchange Board of India) approval to launch Nifty Non-Cyclical Consumer Index Fund through new fund offering (NFO). This will be India’s first non-cyclical index fund and will be launched by Groww Mutual Fund, Groww's AMC business. It... Read More
Leveraging the PSU rally to sustain capex growth
Indian equities are one of the brighter corners of sunshine in the global markets. The Nifty 50 has surged by 29%, the Nifty Midcap 100 by 60%, and the Nifty Smallcap by 70% over FY23-24. The standout performer, however, has been the BSE PSU Index, which soared by a staggering 92%, particularly noteworthy given its lacklustre... Read More
Bandhan Mutual Fund launches Bandhan Innovation Fund
The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme. Disclaimer: There is no assurance or guarantee that the scheme's objectives will be realized. The product is suitable for investors who are seeking to create... Read More
Tata Mutual Fund launches Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty500 Multicap Infrastructure 50:30:20 Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure... Read More
Tata Mutual Fund launches Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund
The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty500 Multicap India Manufacturing 50:30:20 Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure... Read More
Tata Mutual Fund launches Tata Nifty Realty Index Fund
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Realty (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns. This... Read More
Tata Mutual Fund launches Tata Nifty MidSmall Healthcare Index Fund
The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty MidSmall Healthcare Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any... Read More
Tata Mutual Fund launches Tata Nifty Financial Services Index Fund
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee... Read More
Tata Mutual Fund launches Tata Nifty Auto Index Fund
The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty Auto Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns. The... Read More
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