Latest News on Mutual Funds

Bandhan Mutual Fund launches Bandhan Nifty IT Index Fund
Aug 18, 2023 by News Team

The investment objective of the scheme is to replicate the Nifty IT Index by investing in securities of the Nifty IT Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty IT Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives... Read More

Union Mutual Fund launches Union Innovation & Opportunities Fund
Aug 16, 2023 by News Team

The investment objective of the scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. However, there is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking capital... Read More

NJ Mutual Fund launches NJ Flexi Cap Fund
Aug 16, 2023 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking... Read More

HSBC Mutual Fund launches HSBC Consumption Fund
Aug 10, 2023 by News Team

The investment objective of the fund 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 consumption and consumption related activities. However, there can be no assurance or guarantee that the investment... Read More

Nippon India Mutual Fund launches Nippon India Innovation Fund
Aug 9, 2023 by News Team

The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in innovation, research and development, new product development or new platforms to... Read More

Kotak Mahindra Mutual Fund launches Kotak S&P BSE Housing Index Fund
Aug 7, 2023 by News Team

The investment objective of the scheme is to replicate the composition of the S&P BSE Housing Index and to generate returns that are commensurate with the performance of the S&P BSE Housing Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized. The scheme does not... Read More

Mirae Asset Mutual Fund launches Mirae Asset Multicap Fund
Jul 28, 2023 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of large cap, mid cap and small cap companies. However, there is no assurance that the investment objective of the scheme will be realized. This product... Read More

HDFC Mutual Fund launches HDFC Transportation and Logistics Fund
Jul 28, 2023 by News Team

To provide long-term capital appreciation by investing predominantly in equity and equity related securities under Transportation and Logistics theme. 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 by... Read More

HDFC Mutual Fund launches HDFC Charity Fund for Cancer Cure (A Fixed Maturity Plan)
Jul 28, 2023 by News Team

To generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the scheme. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking regular income over 1196 days (tenure... Read More

Quant Mutual Fund launches Quant Manufacturing Fund
Jul 26, 2023 by News Team

The primary objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of companies that follow the manufacturing theme. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or... Read More