Latest News on Mutual Funds

SBI Mutual Fund launches SBI ETF IT
Oct 6, 2020 by News Team

The investment objective of the schemes is to provide return that 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 suitable for... Read More

SBI Mutual Fund launches SBI ETF Private Bank
Oct 6, 2020 by News Team

The investment objective of the scheme is to provide return that 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 suitable for investors who are... Read More

Edelweiss Mutual Fund launches Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Oct 6, 2020 by News Team

The scheme will invest in stocks comprising of the MSCI India Domestic & World Healthcare 45 Index with the objective to provide investment returns that, before expenses, closely corresponds to the returns equivalent to the index, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be... Read More

ITI Mutual Fund launches ITI Banking & PSU Debt Fund
Oct 6, 2020 by News Team

The investment objective of the scheme is to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Special Opportunities Fund
Oct 6, 2020 by News Team

The investment objective of the scheme is to provide long term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy change and/or regulatory changes, companies going through temporary but unique challenges and other similar instances. The scheme... Read More

Principal Mutual Fund launches Principal Large Cap Fund
Sep 30, 2020 by News Team

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of large cap companies including derivatives. However, there can be no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More

Nippon India Mutual Fund launches Nippon India Nifty Smallcap 250 Index Fund
Sep 30, 2020 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 Smallcap 250 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... Read More

Mirae Asset Mutual Fund launches Mirae Asset Ultra Short Duration Fund
Sep 30, 2020 by News Team

The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking income... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential ESG Fund
Sep 21, 2020 by News Team

To generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) criteria 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

Sundaram Mutual Fund launches Sundaram Bluechip Fund
Sep 17, 2020 by News Team

To generate capital appreciation by investing in large cap stocks. No Guarantee: there is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the schemes. there is also no... Read More