Latest News on Mutual Funds

Mirae Asset Mutual Fund launches Mirae Asset Corporate Bond Fund
Feb 24, 2021 by News Team

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The scheme does not guarantee or assure any returns. This product is suitable for investors who are seeking to generate income over medium to long term by investing predominantly... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Asset Allocation Passive Fund of Fund Conservative
Feb 19, 2021 by News Team

To generate long term growth/capital appreciation by offering asset allocation investment solution that predominantly invests in passive funds such as ETF/Index Funds of equity and equity related instruments (domestic as well as international), fixed income and Gold However, there can be no assurance or guarantee that the... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Asset Allocation Passive Fund of Fund Aggressive
Feb 19, 2021 by News Team

To generate long term growth/capital appreciation by offering asset allocation investment solution that predominantly invests in passive funds such as ETF/Index Funds of equity and equity related instruments (domestic as well as international), fixed income and Gold. However, there can be no assurance or guarantee that the... Read More

UTI Mutual Fund launches UTI Nifty200 Momentum 30 Index Fund
Feb 18, 2021 by News Team

The investment objective of the scheme is to provide returns that, before expenses, closely 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. The product is... Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty Next 50 Index Fund
Feb 17, 2021 by News Team

The investment objective of the scheme is to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized. The product is suitable for investors who... Read More

Kotak Mahindra Mutual Fund launches Kotak FMP Series 287
Feb 17, 2021 by News Team

The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of... Read More

ITI Mutual Fund launches ITI Mid Cap Fund
Feb 15, 2021 by News Team

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 mid 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

IDFC Mutual Fund launches IDFC Floating Rate Fund
Feb 10, 2021 by News Team

The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instruments swapped for floating returns and other debt and money market instruments. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised. This product... Read More

Mahindra Mutual Fund launches Mahindra Manulife Short Term Fund
Feb 9, 2021 by News Team

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
Feb 4, 2021 by News Team

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