Latest News on Mutual Funds

HDFC Mutual Fund launches HDFC NIFTY Next 50 index Fund
Oct 22, 2021 by News 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 News 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 News 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 News 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 News 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 News 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 News 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 News 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 News 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