Latest News on Mutual Funds

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

Nippon India Mutual Fund launches Nippon India Nifty 500 Momentum 50 Index Fund
11-Sep-24 by News Team

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Momentum 50 Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be achieved. This product is... Read More

Bandhan Mutual Fund launches Bandhan Business Cycle Fund
10-Sep-24 by News Team

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. Disclaimer: There is no assurance or guarantee... Read More

HSBC Mutual Fund launches HSBC India Export Opportunities Fund
05-Sep-24 by News Team

The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from export of goods or services. There is no assurance that the objective of the scheme will be realised and the scheme does not... Read More

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 500 Momentum 50 Index Fund
04-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

Invesco Mutual Fund launches Invesco India Technology Fund
03-Sep-24 by News Team

To generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies... Read More

Franklin Templeton Mutual Fund launches Franklin India Medium to Long Duration Fund
03-Sep-24 by News Team

The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years. However, there can be no assurance that the investment objective of the scheme would be achieved. This product is suitable for investors who... Read More