Latest News on Mutual Funds
Bank of India Mutual Fund launches Bank of India Business Cycle Fund
The Investment objective of the scheme is to generate longterm capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty India Defence Index Fund
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of securities as represented by the Nifty India Defence Total Return Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment... Read More
A WIDELY EXPECTED STATUS QUO: RBI MONETARY POLICY: AUGUST 2024
Concurrent to our view, in its third policy of FY25, the Reserve Bank of India (RBI) retained a pause on interest rates for the ninth consecutive time. With headline inflation above the 4% target, the central bank governor persisted with its withdrawal of accommodation stance. However, two members voted for an interest rate cut... Read More
Bandhan Mutual Fund launches Bandhan Nifty Bank Index Fund
The investment objective of the scheme is to replicate the Nifty Bank Index by investing in securities of the Nifty Bank Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Bank Index, subject to tracking errors. However, there is no assurance or guarantee that the... Read More
Axis MF: Fixed income outlook Aug'24
The month of July was positive for bond markets. Weak Economic data in US economy, positive demand supply for bonds in India, China surprise rate cut, weak Oil and commodities prices and inally Fiscal consolidation in budget led to yields trending lower. Banking liquidity as highlighted last month turned surplus and overnight... Read More
Axis MF: Equity outlook Aug'24
In its first budget, the new coalition government continued on the path of fiscal consolidation, highlighting continuity and consistency in policy making. Large windfall gains from RBI’s dividend payout and surge in tax revenues provided the government sufficient room to bring down the fiscal deficit from 5.1% to 4.9%. The capital gains... Read More
Motilal Oswal Mutual Fund launches Motilal Oswal Business Cycle Fund
To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there can be no assurance that the investment objective... Read More
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil 10 year Gilt ETF
The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL 10 Year Gilt Index before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of... Read More
HDFC Mutual Fund launches HDFC NIFTY500 Multicap 50:25:25 Index Fund
To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking returns that are commensurate... Read More
ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Metal ETF
The investment objective of the scheme is to provide returns before expenses that 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 seeking long... Read More
SBI Mutual Fund launches SBI Innovative Opportunities Fund
The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance that the investment objective of the scheme... Read More
Bajaj Finserv Mutual Fund launches Bajaj Finserv Large Cap Fund
The objective of the scheme is to generate long term capital appreciation and income distribution to investors by predominantly investing in equity and equity related instruments of large cap companies. However, there is no assurance that the investment objective of the scheme will be achieved. The product is suitable... Read More
Groww Mutual Fund introduces ETF and FOF Schemes based on the Nifty EV & New Age Automotive Index
Groww Mutual Fund is pleased to announce the NFO launch of Groww Nifty EV & New Age Automotive ETF and the Groww Nifty EV & New Age Automotive ETF FOF. The NFO period of Groww Nifty EV & New Age Automotive ETF will be open till August 2, 2024, and the NFO period for Groww Nifty EV & New Age Automotive ETF FOF will... Read More
Kotak Mahindra Mutual Fund launches Kotak Nifty Midcap 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 is suitable for... Read More
Invesco Mutual Fund launches Invesco India Manufacturing Fund
To generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies following the manufacturing theme. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking capital appreciation over long term by investing... Read More
Recent News
-
Unaltered path: Continuity in budget policies
Jul 24, 2024
-
Groww Mutual Fund launches Groww Nifty EV & New Age Automotive ETF FOF
Jul 24, 2024
-
Groww Mutual Fund launches Groww Nifty EV & New Age Automotive ETF
Jul 22, 2024
-
Navi Mutual Fund launches Navi Nifty 500 Multicap 50:25:25 Index Fund
Jul 20, 2024
-
Motilal Oswal Mutual Fund launches Motilal Oswal Manufacturing Fund
Jul 19, 2024
Top Articles
