Latest News on Mutual Funds
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
Mirae Asset Mutual Fund launches Mirae Asset Silver ETF
To generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. The scheme does not guarantee or assure any returns. This product is suitable for investors who are seeking investors seeking returns that are in line with the performance of silver over the long term, subject to tracking... Read More
ITI Mutual Fund launches ITI Focused Equity Fund
The investment objective of the scheme is to seek to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 companies across market capitalization. However, there can be no assurance that the investment objective of the scheme would be achieved... Read More
Kotak Mahindra Mutual Fund launches Kotak Nifty 200 Momentum 30 Index Fund
The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee... Read More
Demonetization 2.0: Withdrawal of Rs 2000 Notes
RBI yesterday announced withdrawal from circulation of Rs 2,000 notes and have given time to deposit the same with banks up to 30th September 2023. Also a withdrawal of Rs 20,000 per person per day of notes in exchange is allowed. First resemblance of such an announcement would be a comparison with 2016 demonetization... Read More
Kotak Mahindra Mutual Fund launches Kotak FMP Series 312
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
UTI Mutual Fund launches UTI S&P BSE Housing 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. The product is suitable for... Read More
UTI Mutual Fund launches UTI Nifty50 Equal Weight 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. The product is suitable for... Read More
Does Indus Valley need to fear Silicon Valle
The financial world has been grappling with the fallout from the collapse of a few banks in the West. In this note, we are taking a look at the potential impact on the Indian banking system. At the outset let us remember that the direct impact is limited. Most of Indian banks have limited global exposure and none have reported any significant... Read More
HDFC Mutual Fund launches HDFC Defence Fund
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Defence & allied sector companies. 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/income... Read More
SBI Mutual Fund launches SBI S&P BSE Sensex Index Fund
The investment objective of the scheme is to replicate the composition of the S&P BSE Sensex Index and to generate returns that are commensurate with the performance of the S&P BSE Sensex Index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The... Read More
Recent News
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Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Value Fund
May 17, 2023
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Suren Kochhar joins Advisorkhoj
May 12, 2023
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Quant Mutual Fund launches Quant Business Cycle Fund
May 12, 2023
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WhiteOak Capital Mutual Fund launches WhiteOak Capital Multi Asset Allocation Fund
May 3, 2023
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Kotak Mahindra Mutual Fund launches Kotak FMP Series 311
Apr 27, 2023
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