Latest News on Mutual Funds

UTI Mutual Fund launches UTI Nifty India Manufacturing Index Fund
28-Jan-25 by News Team

The Investment objective of the scheme is to provide returns that, before expenses, corresponds to the total return 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... Read More

Bank of India Mutual Fund launches Bank of India Money Market Fund
28-Jan-25 by News Team

The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking regular income over short to medium term by... Read More

Kotak Mutual Fund launches Kotak BSE Sensex Index Fund
27-Jan-25 by News Team

The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product... Read More

LIC Mutual Fund launches LIC MF Multi Asset Allocation Fund
24-Jan-25 by News Team

The investment objective of the scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs). There is no assurance that the investment objective of the scheme will be... Read More

Axis Mutual Fund launches Axis Nifty500 Momentum 50 Index Fund
24-Jan-25 by News Team

To provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking long term wealth creation solution. An Index fund that seeks to track... Read More

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Energy Opportunities Fund
21-Jan-25 by News Team

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not... Read More

SBI Mutual Fund launches SBI Nifty Bank Index Fund
20-Jan-25 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... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential CRISIL IBX AAA Bond Financial Services Index Dec 2026 Fund
17-Jan-25 by News Team

The investment objective of the scheme is to track the CRISIL-IBX AAA Financial Services Index - Dec 2026 by investing in securities maturing on or before December 2026, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved and the... Read More

Groww Mutual Fund launches Groww Nifty India Railways PSU Index Fund
16-Jan-25 by News Team

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

Groww Mutual Fund launches Groww Nifty India Railways PSU ETF
16-Jan-25 by News Team

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