Latest News on Mutual Funds

Kotak Mahindra Mutual Fund launches Kotak FMP Series 273

Jul 15, 2019 by News Team

The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no... Read More

Union Mutual Fund launches Union Focused Fund

Jul 15, 2019 by News Team

The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps. However, there can be no assurance that the investment objective of the scheme will be achieved. The product is... Read More

ITI Mutual Fund launches ITI Long Term Equity Fund

Jul 15, 2019 by News Team

To provide long-term capital appreciation by investing predominantly in equity and equity related securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns. The product is... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 12: 1179 Days

Jul 9, 2019 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 such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing... Read More

Mirae Asset Mutual Fund launches Mirae Asset Midcap Fund

Jul 8, 2019 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 midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity... Read More

Indiabulls Mutual Fund launches Indiabulls FMP Series VI Plan 2: 1135 Days

Jul 5, 2019 by News Team

The Primary Investment Objective of the scheme is to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The scheme will invest only in such securities which mature on or before the date of maturity of the scheme. There is... Read More

PPFAS Mutual Fund launches Parag Parikh Tax Saver Fund

Jul 4, 2019 by News Team

The investment objective of the scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance). However, there can be... Read More

Baroda Mutual Fund launches Baroda Equity Savings Fund

Jul 4, 2019 by News Team

The primary objective of the scheme is to generate capital appreciation and income by using arbitrage opportunities, investment in equity / equity related instruments and debt/ money market instruments. However, there is no assurance or guarantee that the investment objective of the... Read More

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 11: 1178 Days

Jul 3, 2019 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 such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Bank ETF

Jul 3, 2019 by News Team

The investment objective of the scheme is to provide returns before expenses that closely 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... Read More

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