Latest News on Mutual Funds

Nippon India Mutual Fund launches Nippon India Nifty 50 Value 20 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 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
Feb 1, 2021 by News Team

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
Jan 21, 2021 by News Team

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
Jan 20, 2021 by News Team

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
Jan 18, 2021 by News Team

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
Jan 18, 2021 by News Team

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

Kotak Mahindra Mutual Fund launches Kotak NASDAQ 100 Fund of Fund
Jan 12, 2021 by News Team

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

Nippon India Mutual Fund launches Nippon India Passive Flexicap FoF
Dec 12, 2020 by News Team

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
Dec 9, 2020 by News Team

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
Dec 4, 2020 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 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