Latest News on Mutual Funds
Quant Mutual Fund launches Quant Healthcare Fund
The investment objective of the scheme is to seek long term capital appreciation by investing in equity/equity related instruments of companies from the healthcare sector. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking capital... Read More
Axis MF launches Axis Nifty IT Index Fund
To provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long term wealth creation solution. An index fund... Read More
Axis Mutual Fund launches Axis Nifty IT Index Fund
Mumbai, June 26, 2023: Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – Axis Nifty IT Index Fund, an open-ended index fund tracking the NIFTY IT TRI. Mr. Hitesh Das (Fund Manager) would be managing the fund. Axis Nifty IT Index Fund will track the NIFTY IT TRI... Read More
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund
To generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies with a focus on non-cyclical consumer theme. 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 long-term... Read More
Kotak Mahindra Mutual Fund launches Kotak FMP Series 313
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
DSP Mutual Fund launches DSP Nifty IT ETF
The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI), subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for investors who are seeking long-term capital... Read More
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Fixed Maturity Plan Series 2 (189 days)
The investment objective of the scheme seeks to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme. However, there is no assurance that the objective of the scheme will be realised and the scheme does not assure or guarantee any returns... Read More
Samco Mutual Fund launches Samco Active Momentum Fund
The investment objective of the scheme is to seek to generate long-term capital appreciation by investing stocks showing strong momentum. Momentum stocks are such that exhibit positive price momentum – based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners)... Read More
Motilal Oswal Mutual Fund launches Motilal Oswal Nifty Microcap 250 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 Microcap 250 Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This... Read More
360 ONE Mutual Fund launches 360 ONE Flexicap Fund
The investment objective of the scheme is to generate long-term capital appreciation by primarily investing in equity and equity related securities across the entire market capitalization range and investing the remaining portion in debt and money market instruments. This product is suitable for investors who are seeking capital... Read More
RBI Monetary Policy: Non Committal
The RBI kept rates unchanged in a widely expected monetary policy announcement. The MPC also decided by a majority of 5 of 6 members to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns with the target, while supporting growth. Inflation estimates lowered to 5.1% for FY 2024 & RBI... Read More
Mirae Asset Mutual Fund launches Mirae Asset Fixed Maturity Plan: Series V Plan 4
The investment objective of the scheme is to provide income to the investors through investments in a portfolio comprising of Debt and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the investment objective of the scheme will be achieved. This product is... Read More
Mirae Asset Mutual Fund launches Edelweiss Multi Asset Allocation Fund
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns. This product is suitable for investors who are seeking income generation from... Read More
Quant Mutual Fund launches Quant BFSI Fund
The primary investment objective of the scheme is to generate consistent returns by investing in equity and equity related instruments of banking and financial services. However, there is no assurance that the investment objective of the Scheme will be achieved. The product is suitable for investors who are seeking capital... Read More
Axis Mutual Fund appoints Vandana Trivedi as the Head for Institutional Business & Passives
Axis Mutual Fund, one among the fastest growing fund houses in India, is pleased to announce the appointment of Ms. Vandana Trivedi as Head of Institutional and Passive Businesses. In her new role, she will be responsible for developing and leading the sales strategy and client relationship management for institutional clients... Read More
Recent News
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Mirae Asset Mutual Fund launches Mirae Asset Silver ETF
May 29, 2023
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ITI Mutual Fund launches ITI Focused Equity Fund
May 29, 2023
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Kotak Mahindra Mutual Fund launches Kotak Nifty 200 Momentum 30 Index Fund
May 25, 2023
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Demonetization 2.0: Withdrawal of Rs 2000 Notes
May 23, 2023
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Kotak Mahindra Mutual Fund launches Kotak FMP Series 312
May 22, 2023
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