Latest News on Mutual Funds

Canara Robeco Mutual Fund launches Canara Robeco Balanced Advantage Fund
12-Jul-24 by News Team

The fund aims to generate long-term capital appreciation with income generation by dynamically investing in equity and equity related instruments and debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are... Read More

Kotak Mutual Fund launches Kotak BSE PSU Index Fund
10-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 assurance that the objective of the scheme will be achieved. The product is suitable for investors who are seeking... Read More

Edelweiss Mutual Fund launches Edelweiss Business Cycle Fund
09-Jul-24 by News Team

The Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. There is no assurance that the investment... Read More

Tata Mutual Fund launches Tata Nifty India Tourism Index Fund
08-Jul-24 by News Team

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty India Tourism Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or... Read More

SBI Mutual Fund launches SBI Nifty50 Equal Weight ETF
08-Jul-24 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

Mirae Asset Mutual Fund launches Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
08-Jul-24 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking by investing predominantly in... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Oil & Gas ETF
08-Jul-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. The product is suitable for investors who are seeking long... Read More

Franklin Templeton Mutual Fund launches Franklin India Multi Cap Fund
08-Jul-24 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of equity and equity related securities of large cap, midcap and small cap companies. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Energy Opportunities Fund
02-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 engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited... Read More

Shriram Mutual Fund launches Shriram Nifty 1D Rate Liquid ETF
01-Jul-24 by News Team

The investment objective of the scheme is to invest in Tri Party Repo on Government securities or treasury bills (TREPS). The scheme aims to provide investment returns that, before expenses, correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error. There is no assurance or guarantee that the... Read More