Latest News on Mutual Funds
Navi Mutual Fund launches Navi S&P BSE SENSEX Index Fund
The investment objective of the scheme is to generate returns that are commensurate with the performance of the S&P BSE SENSEX Index, 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 wealth creation... Read More
Mahindra Manulife Mutual Fund launches Mahindra Manulife Business Cycle Fund
The scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying and investing in business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is... Read More
HDFC Mutual Fund launches HDFC NIFTY 1D Rate Liquid ETF
The investment objective of the scheme is to invest in Tri-Party Repos in Government Securities or Treasury Bills (TREPS). The scheme aims to provide investment returns that, before expenses, closely correspond to the returns of the NIFTY 1D Rate Index, subject to tracking errors. There is no assurance that the investment... Read More
UTI Mutual Fund launches UTI Nifty Midcap 150 Exchange Traded Fund
The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns 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. The product is suitable for... Read More
Shriram Mutual Fund launches Shriram Multi Asset Allocation Fund
The primary objective of the scheme is to generate long term capital appreciation with inflation beating returns by investing in Equity and Equity related securities, Debt and Money Market instruments, Gold/Silver ETFs, and REITs / InvITs. There is no assurance that the investment objective of the scheme will be achieved. The... Read More
Bandhan Mutual Fund launches Bandhan Nifty IT Index Fund
The investment objective of the scheme is to replicate the Nifty IT Index by investing in securities of the Nifty IT Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty IT Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives... Read More
Union Mutual Fund launches Union Innovation & Opportunities Fund
The investment objective of the scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. 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
NJ Mutual Fund launches NJ Flexi Cap Fund
The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations. 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... Read More
RBI Monetary Policy: Read between the lines
With inflation as the top agenda for the central bank, the MPC action today can be perceived as a tad 'hawkish'. Uncertainty on account of El-Nino patterns and external forces are likely factors affecting the MPC's thought process. The big story was a surprise CRR action on incremental deposits raising eyebrows across... Read More
HSBC Mutual Fund launches HSBC Consumption Fund
The investment objective of the fund 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 consumption and consumption related activities. However, there can be no assurance or guarantee that the investment... Read More
Nippon India Mutual Fund launches Nippon India Innovation Fund
The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in innovation, research and development, new product development or new platforms to... Read More
Kotak Mahindra Mutual Fund launches Kotak S&P BSE Housing Index Fund
The investment objective of the scheme is to replicate the composition of the S&P BSE Housing Index and to generate returns that are commensurate with the performance of the S&P BSE Housing Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized. The scheme does not... Read More
LIC Mutual Fund Announces Completion of IDBI MF Schemes Merger
Mumbai, July 31, 2023: LIC Mutual Fund (LIC MF), one of the reputed fund houses in the Indian asset management industry, has announced the successful completion of the takeover of schemes of IDBI Mutual Fund (IDBI MF). The effective date of merger has July 29, 2023. The move is in line with LIC MF's mission to strengthen... Read More
Mirae Asset Mutual Fund launches Mirae Asset Multicap Fund
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of large cap, mid cap and small cap companies. However, there is no assurance that the investment objective of the scheme will be realized. This product... Read More
HDFC Mutual Fund launches HDFC Transportation and Logistics Fund
To provide long-term capital appreciation by investing predominantly in equity and equity related securities under Transportation and Logistics 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 capital appreciation by... Read More
Recent News
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HDFC Mutual Fund launches HDFC Charity Fund for Cancer Cure (A Fixed Maturity Plan)
Jul 28, 2023
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Quant Mutual Fund launches Quant Manufacturing Fund
Jul 26, 2023
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Mirae Asset Mutual Fund launches Mirae Asset Nifty 1D Rate Liquid ETF
Jul 24, 2023
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Kotak Mahindra Mutual Fund launches Kotak Nifty Financial Services Ex-Bank Index Fund
Jul 24, 2023
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Bajaj Finserv Mutual Fund launches Bajaj Finserv Flexi Cap Fund
Jul 24, 2023
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