Mutual Fund News
Nippon India Mutual Fund launches Nippon India Nifty G Sec Oct 2028 Maturity Index Fund
Feb 20, 2023 by News Team

The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Nifty G-Sec Oct 2028 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be... Read More

HDFC Mutual Fund launches HDFC MNC Fund
Feb 17, 2023 by News Team

To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs). There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking to generate long-term capital appreciation... Read More

HDFC Mutual Fund launches HDFC Nifty SDL Oct 2026 Index Fund
Feb 16, 2023 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty SDL Oct 2026 Index (Underlying Index), subject to tracking difference. 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... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 78: 1170 Days
Feb 15, 2023 by News Team

The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved. The product is... Read More

Navi Mutual Fund launches Navi ELSS Tax Saver Nifty 50 Index Fund
Feb 14, 2023 by News Team

The investment objective of the scheme is to invest in companies whose securities are included in Nifty 50 Index (the Index) and to endeavour to achieve the returns of the index, though subject to tracking error. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for... Read More

DSP Mutual Fund launches DSP FMP Series 270: 1144 Days
Feb 13, 2023 by News Team

The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of Debt and Money Market Securities. The scheme will invest only in such securities which mature on or before the date of maturity of the scheme. There is no assurance that the investment objective of the... Read More

Bank of India Mutual Fund launches Bank of India Multi Cap Fund
Feb 10, 2023 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity-related securities across various market capitalisation. However, there can be no assurance that the investment objectives of the scheme will be realized. The product is suitable for investors who are seeking long... Read More

Mirae Asset Mutual Fund launches Mirae Asset Gold ETF
Feb 9, 2023 by News Team

To generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. The Scheme does not guarantee or assure any returns. This product is suitable for investors who are seeking returns in-line with physical gold over medium to long-term, subject to tracking errors by investing in physical... Read More

Mirae Asset Mutual Fund launches Mirae Asset Fixed Maturity Plan: Series V Plan 1
Feb 8, 2023 by News Team

The investment objective of the scheme is to provide income to the investors through by investing in a portfolio comprising of Debt and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the investment objective of the scheme will be achieved. This product is... Read More

Axis MF launches Axis Crisil IBX 50:50 Gilt Plus SDL September 2027 Index Fund
Feb 8, 2023 by News Team

The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt Plus SDL Index – September 2027 before expenses, subject to tracking errors. However, is be no assurance or guarantee that the investment objective of the... Read More