Latest News on Mutual Funds
ICICI Pru AMC announces appointment of Anand Shah as Head PMS and AIF Investments
ICICI Prudential Asset Management Company Limited (joint venture between ICICI Bank & Prudential Plc.), one of India’s largest Investment Managers, has today announced the appointment of Anand Shah as Head - PMS & AIF Investments. Anand Shah has more than two decades of rich fund management experience in the... Read More
Mahindra Mutual Fund launches Mahindra Manulife Short Term Fund
The investment objective of the scheme is to generate income and capital appreciation through an actively managed diversified portfolio of Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years. However, there is no assurance or guarantee that the investment objective of the... Read More
Nippon India Mutual Fund launches Nippon India Nifty Midcap 150 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 Nifty Midcap 150 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. The... Read More
Nippon India Mutual Fund launches Nippon India Nifty 50 Value 20 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 Nifty 50 Value 20 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. The... Read More
Axis Mutual Fund launches Axis Greater China Equity Fund of Fund
The primary investment objective of the scheme is to provide long term capital appreciation by predominatingly investing in units of Schroder International Selection Fund Greater China, a fund that aims to provide capital growth by investing in equity and equity related securities of People's Republic of China, Hong Kong SAR and... Read More
Trust Mutual Fund launches TRUSTMF Banking and PSU Debt Fund
To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However, there can be no assurance that the investment objective of the scheme will be realised. The product is suitable for... Read More
SBI Mutual Fund launches SBI Retirement Benefit Fund
The investment objective of the scheme is to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for... Read More
Nippon India Mutual Fund launches Nippon India Asset Allocator FoF
The primary investment objective of the scheme is to seek long term capital growth by investing in units of equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. The product is... Read More
PGIM India Mutual Fund launches PGIM India Balanced Advantage Fund
To provide capital appreciation and income distribution to the investors by dynamically managing the asset allocation between equity and fixed income using equity derivatives strategies, arbitrage opportunities and pure equity investments. The scheme seeks to reduce the volatility by diversifying the assets across equity and... Read More
ITI Mutual Fund announces appointment of Mr Vikrant Mahesh Mehta as Head Fixed Income
ITI Mutual Fund on Friday announced the appointment of Mr Vikrant Mahesh Mehta as Head - Fixed Income effective January 15, 2021. Vikrant brings with him more than 25 years of extensive experience in Fixed Income Markets. His last assignment was at Indiabulls Asset Management Co. Limited where he was designated as the Head... Read More
Kotak Mahindra Mutual Fund launches Kotak NASDAQ 100 Fund of Fund
The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/ or Index Fund based on NASDAQ 100 Index. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking... Read More
AXIS Mutual Fund releases report on Outlook 2021
A year of transition, a year of pain, a year of disruption and a year of recovery. For most investors, 2020 can be characterized as one year where markets changed fortunes. From a grim March to a euphoric November, equity markets have been on a rollercoaster ride – a reminder that Equities... Read More
Nippon India Mutual Fund launches Nippon India Passive Flexicap FoF
The investment objective of the scheme is to seek to long term capital growth by investing in units of ETFs/Index Funds of Nippon India Mutual Fund. 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 capital... Read More
Kotak Mahindra Mutual Fund launches Kotak International REIT FOF
The investment objective of the scheme is to provide long-term capital appreciation and income by investing in units of SMAM ASIA REIT Sub Trust fund and/or other similar overseas REIT funds. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are... Read More
ITI Mutual Fund launches ITI Large Cap Fund
The investment objective of the scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of large cap stocks. However, there can be no assurance that the investment objective of the scheme would be achieved. The product is suitable for investors who are... Read More
Recent News
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Invesco Mutual Fund launches Invesco India - Invesco Global Consumer Trends Fund of Fund
Dec 4, 2020
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Axis Mutual Fund launches Axis Special Situations Fund
Dec 4, 2020
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Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life ESG Fund
Dec 4, 2020
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UTI Mutual Fund launches UTI Small Cap Fund
Dec 4, 2020
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Union Mutual Fund launches Union Hybrid Equity Fund
Nov 30, 2020
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