Latest News on Mutual Funds

HDFC Mutual Fund launches HDFC NIFTY500 Multicap 50 25 25 Index Fund
06-Aug-24 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking returns that are commensurate... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Metal ETF
01-Aug-24 by News Team

The investment objective of the scheme is to provide returns before expenses that 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. This product is suitable for investors who are seeking long... Read More

SBI Mutual Fund launches SBI Innovative Opportunities Fund
29-Jul-24 by News Team

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance that the investment objective of the scheme... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Large Cap Fund
29-Jul-24 by News Team

The objective of the scheme is to generate long term capital appreciation and income distribution to investors by predominantly investing in equity and equity related instruments of large cap companies. However, there is no assurance that the investment objective of the scheme will be achieved. The product is suitable... Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty Midcap 50 Index Fund
25-Jul-24 by News Team

The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product is suitable for... Read More

Invesco Mutual Fund launches Invesco India Manufacturing Fund
25-Jul-24 by News Team

To generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies following the manufacturing theme. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking capital appreciation over long term by investing... Read More

Groww Mutual Fund launches Groww Nifty EV And New Age Automotive ETF FOF
24-Jul-24 by News Team

The investment objective of the scheme is to generate long term capital gains by investing in units of the Groww Nifty EV & New Age Automotive ETF. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking by investing... Read More

Groww Mutual Fund launches Groww Nifty EV And New Age Automotive ETF
22-Jul-24 by News Team

The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty EV & New Age Automotive Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty EV & New Age Automotive Index, subject to tracking errors. However... Read More

Navi Mutual Fund launches Navi Nifty 500 Multicap 50:25:25 Index Fund
20-Jul-24 by News Team

The investment objective of the scheme is to achieve return equivalent to Nifty 500 Multicap 50:25:25 Index by investing in stocks of companies comprising Nifty 500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Manufacturing Fund
19-Jul-24 by News Team

To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the manufacturing activity. However, there can be no assurance that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking capital appreciation... Read More