Latest News on Mutual Funds

Invesco Mutual Fund launches Invesco India - Invesco Global Consumer Trends Fund of Fund
Dec 4, 2020 by News Team

To provide long-term capital appreciation by investing predominantly in units of Invesco Global Consumer Trends Fund, an overseas fund which invests in an international portfolio of companies predominantly engaged in the design, production or distribution of products and services related to the discretionary consumer needs of... Read More

Axis Mutual Fund launches Axis Special Situations Fund
Dec 4, 2020 by News Team

To generate long-term capital appreciation by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life ESG Fund
Dec 4, 2020 by News Team

To generate long-term capital appreciation by investing in a diversified basket of companies following Environmental, Social and Governance (ESG) theme. 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 investors who are... Read More

UTI Mutual Fund launches UTI Small Cap Fund
Dec 4, 2020 by News Team

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of small cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for investors who are seeking long... Read More

Union Mutual Fund launches Union Hybrid Equity Fund
Nov 30, 2020 by News Team

The investment objective of the scheme is to achieve long term capital growth and generate income from a portfolio, predominantly of equity and equity related securities. The scheme will also invest in debt & money market instruments. However, there is no assurance that the Investment Objective of the scheme will be achieved. The... Read More

HDFC Mutual Fund launches HDFC Dividend Yield Fund
Nov 30, 2020 by News Team

To provide capital appreciation and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking... Read More

Baroda Mutual Fund launches Baroda Banking and PSU Bond Fund
Nov 30, 2020 by News Team

The scheme seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions and Municipal Bonds. However, there is no assurance or guarantee that the objective of... Read More

Mirae Asset Mutual Fund launches Mirae Asset Banking and Financial Services Fund
Nov 26, 2020 by News Team

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector. The scheme does not guarantee or assure any returns. This product is suitable for investors who are... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal 5 Year G-Sec ETF (MOFGSEC)
Nov 23, 2020 by News Team

The scheme seeks investment return that closely corresponds (before fees and expenses) total returns of the securities as represented by the Nifty 5 yr Benchmark G-Sec Index (Underlying Index), subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the scheme would... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Quant Fund
Nov 23, 2020 by News Team

To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model. 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 term wealth... Read More