Latest News on Mutual Funds
Franklin Templeton Mutual Fund launches Franklin India Ultra Short Duration Fund
To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be achieved. This product is suitable for investors who are seeking Short term regular income by... Read More
DSP Mutual Fund launches DSP Nifty Top 10 Equal Weight Index Fund
The investment objective of the scheme is to generate returns that are commensurate with the performance of the Nifty Top 10 Equal Weight Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking long-term capital... Read More
DSP Mutual Fund launches DSP Nifty Top 10 Equal Weight ETF
The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Top 10 Equal Weight TRI), subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking long-term capital... Read More
Axis Commercial Real Estate Fund announces First Investment at Fintech City, Chennai
Axis Asset Management Company Limited (Axis AMC) and Tishman Speyer announced today that Axis Commercial Real Estate Fund (the Fund) has successfully acquired one of the two plots for auction at a prime location in Fintech City, Nadambakkam, Chennai. The acquisition was made through a bid cum e-auction process... Read More
Mirae Asset Mutual Fund launches Mirae Asset Nifty500 Multicap 50:25:25 ETF
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty500 Multicap 50:25:25 Total Return Index, subject to tracking error. The scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme... Read More
Bank of India Mutual Fund launches Bank of India Business Cycle Fund
The Investment objective of the scheme is to generate longterm capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty India Defence Index Fund
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the Nifty India Defence Total Return Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment... Read More
A WIDELY EXPECTED STATUS QUO: RBI MONETARY POLICY: AUGUST 2024
Concurrent to our view, in its third policy of FY25, the Reserve Bank of India (RBI) retained a pause on interest rates for the ninth consecutive time. With headline inflation above the 4% target, the central bank governor persisted with its withdrawal of accommodation stance. However, two members voted for an interest rate cut... Read More
Bandhan Mutual Fund launches Bandhan Nifty Bank Index Fund
The investment objective of the scheme is to replicate the Nifty Bank Index by investing in securities of the Nifty Bank Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Bank Index, subject to tracking errors. However, there is no assurance or guarantee that the... Read More
Axis MF: Fixed income outlook Aug'24
The month of July was positive for bond markets. Weak Economic data in US economy, positive demand supply for bonds in India, China surprise rate cut, weak Oil and commodities prices and inally Fiscal consolidation in budget led to yields trending lower. Banking liquidity as highlighted last month turned surplus and overnight... Read More
Axis MF: Equity outlook Aug'24
In its first budget, the new coalition government continued on the path of fiscal consolidation, highlighting continuity and consistency in policy making. Large windfall gains from RBI’s dividend payout and surge in tax revenues provided the government sufficient room to bring down the fiscal deficit from 5.1% to 4.9%. The capital gains... Read More
Motilal Oswal Mutual Fund launches Motilal Oswal Business Cycle Fund
To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there can be no assurance that the investment objective... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil 10 year Gilt ETF
The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL 10 Year Gilt Index before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of... Read More
HDFC Mutual Fund launches HDFC NIFTY500 Multicap 50:25:25 Index Fund
To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking returns that are commensurate... Read More
ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Metal ETF
The investment objective of the scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors. 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... Read More
Recent News
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SBI Mutual Fund launches SBI Innovative Opportunities Fund
Jul 29, 2024
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Bajaj Finserv Mutual Fund launches Bajaj Finserv Large Cap Fund
Jul 29, 2024
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Groww Mutual Fund introduces ETF and FOF Schemes based on the Nifty EV & New Age Automotive Index
Jul 25, 2024
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Kotak Mahindra Mutual Fund launches Kotak Nifty Midcap 50 Index Fund
Jul 25, 2024
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Invesco Mutual Fund launches Invesco India Manufacturing Fund
Jul 25, 2024
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