Latest News on Mutual Funds

Presenting Aditya Birla Sun Life Business Cycle Fund

Nov 11, 2021 by Aditya Birla Sun Life Mutual Fund

Every economy goes through growth phases - periods of rising growth, that begins to decline after a peak; only to rise again from a bottom slump. This 'expansion' and 'contraction' is cyclical. Each phase favours growth in different sectors and opens different cyclical opportunities. (For example – the pandemic opened up tremendous... Read More

Axis Mutual Fund launches Axis Nifty 50 Index Fund

Nov 10, 2021 by Axis Mutual Fund

Axis Mutual Fund, one of the leading asset management companies in India announced the launch of Axis Nifty 50 Index Fund, today. It is an open-ended scheme that will track the Nifty 50 Index TRI and allow investors to passively participate in the large cap universe. The NFO opens for subscription on 15th November 2021 and closes on... Read More

Quant Mutual Fund launches Quant Value Fund

Nov 10, 2021 by Advisorkhoj Team

The primary investment objective of the scheme is to seek to achieve capital appreciation in the long-term by primarily investing in a welldiversified portfolio of value stocks. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive... Read More

IIFL Mutual Fund launches IIFL Quant Fund

Nov 8, 2021 by Advisorkhoj Team

The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities selected based on quant theme. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. This product is suitable for investors... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 54: 1842 Days

Nov 1, 2021 by Advisorkhoj Team

The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved. The product is... Read More

HDFC Mutual Fund launches HDFC NIFTY Next 50 index Fund

Oct 22, 2021 by Advisorkhoj Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (Underlying Index), subject to tracking errors. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking returns that are... Read More

LIC Mutual Fund launches LIC MF Balanced Advantage Fund

Oct 21, 2021 by Advisorkhoj Team

The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt and money market instruments. The scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there is no assurance or guarantee that... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty IT ETF

Oct 21, 2021 by Advisorkhoj Team

The investment objective of the scheme is to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Information Technology TRI, subject to tracking errors. However, the performance of scheme may differ from that of the underlying index due to tracking error. The scheme... Read More

ITI Mutual Fund launches ITI Pharma and Healthcare Fund

Oct 18, 2021 by Advisorkhoj Team

The investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies engaged in Pharma and Healthcare. However, there can be no assurance that the investment objective of the scheme would be achieved. The product is suitable for... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Consumption ETF

Oct 18, 2021 by Advisorkhoj Team

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This product is suitable for investors who are... Read More

DSP Mutual Fund launches DSP Nifty 50 Equal Weight ETF

Oct 18, 2021 by Advisorkhoj Team

The scheme seeks to provide returns that, before expenses, closely correspond to the total return of the underlying index (NIFTY 50 Equal Weight Index), subject to tracking errors. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking long-term capital... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nasdaq 100 FOF

Oct 18, 2021 by Advisorkhoj Team

The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETFs and/or Index Fund based on NASDAQ-100 Index. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. The product is suitable for... Read More

Sundaram Mutual launches Sundaram Gurukulam

Oct 13, 2021 by Sundaram Mutual Fund

Change is the new constant!! Customer needs are evolving rapidly as is the investment market place. In the new Digital World, customer engagement, retention and acquisition methodologies will need to be re-visited. Thus the need to continuously upgrade skills and knowledge... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Smallcap Index Fund

Oct 12, 2021 by Advisorkhoj Team

The objective of the scheme is to invest in companies whose securities are included in Nifty Smallcap 250 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in stocks comprising the Nifty Smallcap 250 Index in the same weightage that they represent in Nifty... Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty AAA Bond Plus SDL Apr 2031 70:30 ETF

Oct 11, 2021 by Advisorkhoj Team

The investment objective of the scheme is to replicate Nifty AAA Bond Plus SDL Apr 2031 70:30 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is... Read More