Latest News on Mutual Funds

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

Kotak Mutual Fund launches Kotak ESG Opportunities Fund
Nov 20, 2020 by News Team

The scheme shall seek to generate capital appreciation by investing in a diversified portfolio of companies that follow Environmental, Social and Governance parameters. 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 long term capital... Read More

DSP Mutual Fund launches DSP Value Fund
Nov 20, 2020 by News Team

The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related or fixed income securities which are currently undervalued. However, there is no assurance that the investment objective of the scheme will be realized. The product is suitable for investor who are... Read More

Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLII Series 7
Nov 4, 2020 by News Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other... Read More

Nippon India ETF Nifty CPSE Bond Plus SDL: 2024 Maturity
Nov 3, 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 CPSE Bond Plus SDL Sep 2024 50:50 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the... Read More