Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty 200 Momentum 30 Index Fund
Jul 22, 2022 by News Team

The objective of the scheme is to invest in companies whose securities are included in Nifty200 Momentum 30 Index and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the Nifty200 Momentum 30 Index in the same... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty 200 Momentum 30 ETF
Jul 22, 2022 by News Team

The investment objective of the scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for investors who are seeking Long... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Fixed Maturity Plan Series 88 226 Days Plan E
Jul 22, 2022 by News Team

The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities/ debt instruments maturing on or before the maturity of the scheme. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable for... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Long Duration Fund
Jul 22, 2022 by News Team

The primary investment objective of the scheme is to generate optimal returns while maintaining balance of yield, safety and liquidity. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall be made in Debt & Money Market Instruments. The Scheme does not guarantee/indicate any returns... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 67: 1467 Days
Jul 21, 2022 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

Mirae Asset Mutual Fund launches Mirae Asset Balanced Advantage Fund
Jul 21, 2022 by News Team

The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee... Read More

Quant Mutual Fund launches Quant Large Cap Fund
Jul 20, 2022 by News Team

The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related instruments falling under the category of large cap companies. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the... Read More

HDFC Mutual Fund launches HDFC Fixed Maturity Plans Series 46: 1158 Days
Jul 19, 2022 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 respective Plan(s). 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... Read More

UTI Mutual Fund launches UTI Gilt Fund with 10 year Constant Duration
Jul 18, 2022 by News Team

The investment objective of the scheme is to generate optimal returns with high liquidity by investing in a portfolio of government securities such that weighted average portfolio maturity is around 10 years. However there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not... Read More

Union Mutual Fund launches Union Gilt Fund
Jul 18, 2022 by News Team

The investment objective of the scheme is to generate income through investment in a portfolio comprising of government securities of various maturities. However, there is no assurance that the Investment Objective of the scheme will be achieved. The product is suitable for investors who are seeking credit risk free return... Read More