Latest News on Mutual Funds
Axis MF launches AXIS CRISIL IBX AAA NBFC INDEX JUN 2027 FUND
Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – AXIS CRISIL-IBX AAA NBFC INDEX – JUN 2027 Fund. It is an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA NBFC Index – Jun 2027, a moderate interest rate risk and relatively... Read More
Households don't create deposits, banks do
The slow growth in bank deposits has been a matter of concern, particularly as growth in private credit has outpaced deposits for the last two years now. This has largely been attributed to the decline in household savings or to a shift to physical savings or even a shift to alternate financial savings like mutual funds. However, contrary to... Read More
Axis Mutual Fund launches Axis CRISIL: IBX AAA NBFC Index: Jun 2027 Fund
The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponds to the total returns of the securities as represented by the CRISIL-IBX AAA NBFC Index – Jun 2027, subject to tracking errors. There is no assurance that the investment objective of the scheme will... Read More
Nippon India Mutual Fund launches Nippon India Nifty 500 Momentum 50 Index Fund
The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Momentum 50 Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be achieved. This product is... Read More
Bandhan Mutual Fund launches Bandhan Business Cycle Fund
The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. Disclaimer: There is no assurance or guarantee... Read More
Axis MF: Fixed income outlook September 2024
Month of August continued to remain positive for the bond markets. It began with significant uptick in US unemployment data, which led to fears of slowdown and increased probability of recession in US, outcome was US bond yields rallied and started pricing in aggressive rate cuts. Fed futures are now pricing in 100 bps cut till Dec 2024... Read More
HSBC Mutual Fund launches HSBC India Export Opportunities Fund
The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from export of goods or services. There is no assurance that the objective of the scheme will be realised and the scheme does not... Read More
Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 500 Momentum 50 Index Fund
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty 500 Momentum 50 Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved. This... Read More
Invesco Mutual Fund launches Invesco India Technology Fund
To generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies... Read More
Franklin Templeton Mutual Fund launches Franklin India Medium to Long Duration Fund
The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years. However, there can be no assurance that the investment objective of the scheme would be achieved. This product is suitable for investors who... Read More
Edelweiss Mutual Fund launches Edelweiss Nifty Bank ETF
The investment objective of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty Bank Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking... Read More
Bandhan Mutual Fund launches Bandhan Nifty Midcap 150 Index Fund
The investment objective of the scheme is to replicate the Nifty Midcap 150 Index by investing in securities of the Nifty Midcap 150 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Midcap 150 Index, subject to tracking errors. However, there is no assurance or... Read More
Kotak Mutual Fund launches Kotak Nifty India Tourism Index Fund
Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) today announced the launch of Kotak Nifty India Tourism Index Fund, an open-ended scheme replicating/tracking the Nifty India Tourism Index. The scheme opens for public subscription on September 2, 2024, and closes on September 16, 2024... Read More
UTI Mutual Fund launches UTI Nifty200 Quality 30 Index Fund
The Investment objective of the scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product is suitable for... Read More
UTI Mutual Fund launches UTI Nifty Private Bank Index Fund
The Investment objective of the scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product is suitable... Read More
Recent News
-
Kotak Mutual Fund launches Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Aug 30, 2024
-
WhiteOak Capital Mutual Fund launches WhiteOak Capital Arbitrage Fund
Aug 28, 2024
-
Groww Asset Management Ltd Expands Presence with New Office in Ghatkopar, Mumbai
Aug 23, 2024
-
Axis Mutual Fund launches Axis Consumption Fund
Aug 23, 2024
-
PGIM India Mutual Fund launches PGIM India Multi Cap Fund
Aug 22, 2024
Top Articles
