Latest News on Mutual Funds
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty200 Momentum 30 Index Fund
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty200 Momentum 30 Total Returns Index before expenses, subject to tracking errors, fees, and expenses. However, there is no assurance that the objective of the... Read More
Mirae Asset Mutual Fund launches Mirae Asset Nifty PSU Bank ETF
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty PSU Bank 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 will be... Read More
Groww Mutual Fund launches Groww Nifty India Defence ETF FOF
The investment objective of the scheme is to generate long term capital gains by investing in units of the Groww Nifty India Defence ETF. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking by investing... Read More
Groww Mutual Fund launches Groww Nifty India Defence ETF
The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors. However, there can be no assurance... Read More
FED SETS THE RATE CYCLE IN MOTION WITH 50 BPS CUT
In a much anticipated decision, the US Federal Reserve (Fed) made significant adjustments to the monetary policy during the FOMC meet. The key action was a 50 bps cut in the federal funds rate bringing it down to a range of 4.75% to 5%. This was the first rate cut since 2020, marking a pivot from the Fed's previous focus... Read More
WhiteOak Capital Mutual Fund launches WhiteOak Capital Digital Bharat Fund
The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of Technology and Technology related companies. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who... Read More
Mirae Asset Mutual Fund launches Mirae Asset Nifty Metal ETF
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Metal 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 will be... Read More
LIC Mutual Fund launches LIC MF Manufacturing Fund
The investment objective of the scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following manufacturing theme. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are... Read More
HDFC Mutual Fund launches HDFC NIFTY LargeMidcap 250 Index Fund
To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty LargeMidcap 250 Index (TRI), 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 returns that... Read More
Kotak Mutual Fund launches Kotak Nifty Midcap 150 Momentum 50 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 errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product... Read More
SBI Mutual Fund launches SBI Nifty 500 Index Fund
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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are... Read More
Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 500 Momentum 50 ETF
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 500 Momentum 50 Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved. This... Read More
Groww Mutual Fund launches Groww Nifty 1D Rate Liquid ETF
The investment objective of the scheme is to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Tri-Party REPO), Repo in Government Securities, Reverse Repos and similar other overnight instruments. However, there can be no assurance or... Read More
Axis MF launches AXIS CRISIL IBX AAA NBFC INDEX JUN 2027 FUND
Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – AXIS CRISIL-IBX AAA NBFC INDEX – JUN 2027 Fund. It is an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA NBFC Index – Jun 2027, a moderate interest rate risk and relatively... Read More
Households don't create deposits, banks do
The slow growth in bank deposits has been a matter of concern, particularly as growth in private credit has outpaced deposits for the last two years now. This has largely been attributed to the decline in household savings or to a shift to physical savings or even a shift to alternate financial savings like mutual funds. However, contrary to... Read More
Recent News
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Axis Mutual Fund launches Axis CRISIL: IBX AAA NBFC Index: Jun 2027 Fund
Sep 13, 2024
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Nippon India Mutual Fund launches Nippon India Nifty 500 Momentum 50 Index Fund
Sep 11, 2024
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Bandhan Mutual Fund launches Bandhan Business Cycle Fund
Sep 10, 2024
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Axis MF: Fixed income outlook September 2024
Sep 5, 2024
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HSBC Mutual Fund launches HSBC India Export Opportunities Fund
Sep 5, 2024
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