Latest News on Mutual Funds

Mirae Asset Mutual Fund launches Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
May 6, 2024 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty MidSmallcap400 Momentum Quality 100 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved. This... Read More

Axis MF launches Axis Nifty Bank Index Fund
May 3, 2024 by News Team

To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking long term wealth creation solution. An index fund that seeks... Read More

Groww Mutual Fund launches Groww Nifty Non-Cyclical Consumer Index Fund
May 2, 2024 by News Team

The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. However... Read More

Groww Mutual Fund launches Groww Nifty Non-Cyclical Consumer Index Fund
May 2, 2024 by News Team

The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. However... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty PSE ETF
May 2, 2024 by News Team

The investment objective of the scheme is to generate returns that are in line with the performance of Nifty PSE Index, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series UU: 98 Days
Apr 30, 2024 by News Team

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the scheme. The scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are... Read More

HDFC Mutual Fund launches HDFC Manufacturing Fund
Apr 26, 2024 by News Team

To provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. 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 longterm capital... Read More

Edelweiss Mutual Fund launches Edelweiss Nifty Alpha Low Volatility 30 Index Fund
Apr 26, 2024 by News Team

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Alpha Low Volatility 30 Index, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee... Read More

Kotak Mutual Fund launches Kotak FMP Series 330
Apr 25, 2024 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

Bandhan Mutual Fund launches Bandhan Innovation Fund
Apr 10, 2024 by News Team

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme. Disclaimer: There is no assurance or guarantee that the scheme’s objectives will be realized. The product is suitable for investors who are seeking to create... Read More