Latest News on Mutual Funds

Groww Mutual Fund launches Groww Nifty India Defence ETF
23-Sep-24 by News Team

The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors. However, there can be no assurance... Read More

WhiteOak Capital Mutual Fund launches WhiteOak Capital Digital Bharat Fund
20-Sep-24 by News Team

The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of Technology and Technology related companies. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty Metal ETF
20-Sep-24 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Metal Total Return Index, subject to tracking error. The scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be... Read More

LIC Mutual Fund launches LIC MF Manufacturing Fund
20-Sep-24 by News Team

The investment objective of the scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following manufacturing theme. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are... Read More

HDFC Mutual Fund launches HDFC NIFTY LargeMidcap 250 Index Fund
20-Sep-24 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty LargeMidcap 250 Index (TRI), subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking returns that... Read More

Kotak Mutual Fund launches Kotak Nifty Midcap 150 Momentum 50 Index Fund
19-Sep-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... Read More

SBI Mutual Fund launches SBI Nifty 500 Index Fund
17-Sep-24 by News Team

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

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 500 Momentum 50 ETF
16-Sep-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 500 Momentum 50 Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved. This... Read More

Groww Mutual Fund launches Groww Nifty 1D Rate Liquid ETF
16-Sep-24 by News Team

The investment objective of the scheme is to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Tri-Party REPO), Repo in Government Securities, Reverse Repos and similar other overnight instruments. However, there can be no assurance or... Read More

Axis Mutual Fund launches Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund
13-Sep-24 by News Team

The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponds to the total returns of the securities as represented by the CRISIL-IBX AAA NBFC Index - Jun 2027, subject to tracking errors. There is no assurance that the investment objective of the scheme will... Read More