Mutual Fund News
Kotak Mahindra Mutual Fund launches Kotak FMP Series 311
Apr 27, 2023 by News Team

The investment objective of the scheme is to generate income by investing in debt and money market securities, maturing on or before the maturity of the scheme. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking income over a short term... Read More

UTI Mutual Fund launches UTI Nifty 500 Value 50 Index Fund
Apr 26, 2023 by News Team

The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total return 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

DSP Mutual Fund launches DSP Gold ETF
Apr 17, 2023 by News Team

The scheme seeks to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking capital appreciation over long term by investing in gold in... Read More

UTI Mutual Fund launches UTI Silver Exchange Traded Fund
Apr 10, 2023 by News Team

The investment objective of the scheme is to generate returns that are in line with the performance of physical silver in domestic prices, 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 investors who are seeking Investors seeking... Read More

UTI Mutual Fund launches UTI Silver ETF Fund of Fund
Apr 10, 2023 by News Team

The investment objective of the scheme is to seek to provide returns that correspond to returns provided by UTI Silver ETF by investing in units of UTI Silver ETF. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long term capital... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Innovation Fund
Apr 10, 2023 by News Team

The scheme is an open ended thematic fund. The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity & equity related securities of companies and units of global mutual funds/ETFs that can benefit from innovation strategies and theme. However, there can be no assurance or... Read More

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Floater Fund
Apr 10, 2023 by News Team

The primary objective of the scheme is to generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The scheme may also invest a portion of its net assets in fixed rate debt and money market instruments. However... Read More

HDFC Mutual Fund launches HDFC S&P BSE 500 Index Fund
Apr 6, 2023 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking returns that are commensurate (before fees and... Read More

HDFC Mutual Fund launches HDFC NIFTY Smallcap 250 Index Fund
Apr 6, 2023 by News Team

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

HDFC Mutual Fund launches HDFC NIFTY Midcap 150 Index Fund
Apr 6, 2023 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking returns that are commensurate (before fees and... Read More