Latest News on Mutual Funds

Global Supply Chain Situation: A Status Check

Jun 13, 2022 by Axis Mutual Fund

One of the primary reasons for global inflation rising has been a supply shock in the logistics markets as companies and economies scrambled to get back to business. In today's world, this is easier said than done as regulations across individual jurisdictions and free movement was hampered by divergent waves of Covid hitting nations... Read More

RBI Monetary Policy Inflation Jitters: June 2022

Jun 9, 2022 by Axis Mutual Fund

In line with market expectations, the RBI MPC decided raise policy rates by 50 bps. The decision to raise rates was unanimous. The market was relieved that there were no further liquidity tightening measures following on the 50bps CRR increase in May. The policy confirms RBI?s tilt now to combating inflation over supporting growth... Read More

Re-allocation of responsibilities of Fund Managers

May 27, 2022 by Sundaram Mutual Fund

Investors are requested to note the following changes in the portfolio of Fund Managers, which includes addition or deletion of fund managers in existing funds. These changes will be effective from 16th May 2022... Read More

Withdrawal Symptoms: May 2022

May 5, 2022 by Axis Mutual Fund

The Reserve Bank today made a surprise announcement on monetary policy. The Monetary Policy Committee of the RBI met on an off-cycle basis and decided to hike the repo rate by 40 basis points to 4.40%. The RBI also decided to hike the CRR by 50 bps to 4.5%. This is a remarkable turn of events from the RBI. When the MPC... Read More

Is the FII impact on Indian equities waning

Apr 25, 2022 by Axis Mutual Fund

The past few months have been nothing short of extraordinary. The world seemed to have finally moved past the 2 year long pandemic with restriction easing worldwide. But then, little did we know that a potential border conflict between Russia and Ukraine will escalate into a full blown war. In a matter of days, the world is a... Read More

Why elevated inflation is not good for India

Apr 20, 2022 by Axis Mutual Fund

CPI inflation is an economic indicator which is the most widely used measure of inflation in the country. It can also be viewed as a proxy of the effectiveness of monetary policy set by the RBI. The mandate of the RBI is to maintain CPI inflation at 4% with a band of ±2%. Inflation for the last 2.5 years (to February 2022), has averaged... Read More

Views by Axis Mutual Fund on RBI Monetary Policy: April 2022

Apr 8, 2022 by Axis Mutual Fund

The RBI MPC decided to keep policy rates unchanged yet again. The crux of the the RBI governor' commentary, however was sharply different from the previous policy announcement. The MPC has done a complete U-turn by refocusing its attention on 'run-away' inflation, pivoting from its earlier growth focused stance. The... Read More

Mr. Gaurav Goyal joins ITI Mutual Fund as Chief Business Officer

Apr 5, 2022 by ITI Mutual Fund

ITI Asset Management Limited has appointed Mr. Gaurav Goyal as Chief Business Officer, effective 2nd April 2022. As CBO, he will spearhead the Sales & Distribution, Business Development, Product and Marketing functions of the organization. He brings with him more than 22+ years of differentiated experience in Financial Services... Read More

Invesco Mutual Fund launches Invesco India: Invesco EQQQ Nasdaq-100 ETF Fund of Fund

Mar 30, 2022 by Advisorkhoj Team

To generate returns by investing predominantly in units of Invesco EQQQ NASDAQ100 UCITS ETF, an overseas exchange traded fund, which seeks to provide investment results which, before expenses, generally correspond to the price and yield performance of the NASDAQ-100 Notional Index (Net Total Return) in USD. However... Read More

UTI Mutual Fund launches UTI Nifty Midcap 150 Quality 50 Index Fund

Mar 28, 2022 by Advisorkhoj Team

The investment objective of the scheme is to provide returns that, before expenses, closely correspond 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... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Housing Opportunities Fund

Mar 28, 2022 by Advisorkhoj Team

To generate long-term capital appreciation by investing in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for investors who... Read More

Tata Mutual Fund launches Tata Nifty SDL Plus AAA PSU Bond Dec 60:40 Index Fund

Mar 25, 2022 by Advisorkhoj Team

The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. There is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns. This... Read More

Tata Mutual Fund launches Tata Nifty India Digital ETF Fund of Fund

Mar 25, 2022 by Advisorkhoj Team

To provide long-term capital appreciation by investing in Tata Nifty India Digital Exchange Traded Fund. However, 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 Long Term Capital Growth by investing in Tata Nifty India Digital Exchange... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty SDL Jun 2027 Index Fund

Mar 25, 2022 by Advisorkhoj Team

The investment objective of the scheme is to track the Nifty SDL Jun 2027 Index by investing in State Development Loans (SDL), maturing on or before June 15, 2027, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil SDL Plus AAA PSU Apr 2027 60:40 Index Fund

Mar 25, 2022 by Advisorkhoj Team

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX 60:40 SDL + AAA PSU Index - April 2027 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of... Read More