Latest News on Mutual Funds

PPFAS Mutual Fund launches Parag Parikh Conservative Hybrid Fund
May 7, 2021 by News Team

To generate regular income through investments predominantly in debt and money market instruments. The scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the scheme will be... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Healthcare ETF
May 6, 2021 by News Team

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors. 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... Read More

Tata Mutual Fund launches Tata Dividend Yield Fund
May 4, 2021 by News Team

The investment objective is to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme... Read More

Axis Mutual Fund launches Axis Healthcare ETF
Apr 30, 2021 by News Team

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the NIFTY Healthcare Index subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More

SBI Mutual Fund launches SBI Nifty Next 50 Index Fund
Apr 28, 2021 by News Team

The investment objective of the scheme is to provide returns 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

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TH: 1098 Days
Apr 27, 2021 by News Team

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. 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 seeking income... Read More

Canara Robeco Mutual Fund launches Canara Robeco Focused Equity Fund
Apr 23, 2021 by News Team

The investment objective of the scheme is to generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who... Read More

Axis Mutual Fund launches Axis AAA Bond Plus SDL ETF: 2026 Maturity
Apr 23, 2021 by News Team

To replicate Nifty AAA Bond Plus SDL Apr 2026 50:50 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking income... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series TG 1099 Days
Apr 23, 2021 by News Team

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. 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 seeking income... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Multi-Cap Fund
Apr 19, 2021 by News Team

The objective of the scheme is to achieve long term growth of capital, at commensurate levels of risk through a diversified research based investment in Large, Mid & Small cap companies. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. The product is... Read More