Latest News on Mutual Funds

Bajaj Finserv Mutual Fund launches Bajaj Finserv Consumption Fund
08-Nov-24 by News Team

The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand. However, there is no assurance that the investment objective of the scheme will... Read More

Axis Mutual Fund launches Axis CRISIL IBX AAA Bond Financial Services Sep 2027 Index Fund
08-Nov-24 by News Team

The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index - Sep 2027, subject to tracking error/ tracking difference. There is no assurance that the investment... Read More

Shriram Mutual Fund launches Shriram Liquid Fund
04-Nov-24 by News Team

The investment objective of the scheme is to generate optimal returns consistent with lower to moderate levels of risk and high liquidity by investing in debt and money market instruments. The fund maintains an average maturity in the range of <91 days. There is no assurance that the investment objective of the scheme will be... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty 1D Rate Liquid ETF Growth
04-Nov-24 by News Team

The investment objective is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The scheme endeavors to provide returns that before expenses, closely correspond to the returns... Read More

Franklin Templeton Mutual Fund launches Franklin India Arbitrage Fund
04-Nov-24 by News Team

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Crisil IBX AAA Financial Services Index Sep 2027 Fund
04-Nov-24 by News Team

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index - Sep 2027 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty MidSmall IT and Telecom Index Fund
29-Oct-24 by News Team

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall IT and Telecom Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty MidSmall India Consumption Index Fund
29-Oct-24 by News Team

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall India Consumption Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty MidSmall Healthcare Index Fund
29-Oct-24 by News Team

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall Healthcare Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty MidSmall Financial Services Index Fund
29-Oct-24 by News Team

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall Financial Services Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme... Read More