Latest News on Mutual Funds

Sundaram Mutual launches Sundaram Gurukulam

Oct 13, 2021 by Sundaram Mutual Fund

Change is the new constant!! Customer needs are evolving rapidly as is the investment market place. In the new Digital World, customer engagement, retention and acquisition methodologies will need to be re-visited. Thus the need to continuously upgrade skills and knowledge... Read More

ICICI Prudential Mutual Fund launches ICICI Prudential Smallcap Index Fund

Oct 12, 2021 by News Team

The objective of the scheme is to invest in companies whose securities are included in Nifty Smallcap 250 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in stocks comprising the Nifty Smallcap 250 Index in the same weightage that they represent in Nifty Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty AAA Bond Plus SDL Apr 2031 70 30 ETF

Oct 11, 2021 by News Team

The investment objective of the scheme is to replicate Nifty AAA Bond Plus SDL Apr 2031 70:30 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is Read More

NJ Mutual Fund launches NJ Balanced Advantage Fund

Oct 8, 2021 by News Team

The investment objective of the scheme is to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities. 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 long term capital Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty AAA Bond Plus SDL Apr 2026 70 30 ETF

Oct 8, 2021 by News Team

The investment objective of the scheme is to replicate Nifty AAA Bond Plus SDL Apr 2026 70:30 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Healthcare ETF

Oct 8, 2021 by News Team

The investment objective of the scheme is to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Healthcare TRI, subject to tracking errors. However, the performance of scheme may differ from that of the underlying index due to tracking error. The scheme does not Read More

Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLIII Series 3

Sep 30, 2021 by News Team

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other Read More

Edelweiss Mutual Fund launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund 2027

Sep 30, 2021 by News Team

The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Apr 2027 50:50 Index by investing in AAA rated PSU Bonds and SDLs, maturing on or before April 2027, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not Read More

Axis Mutual Fund launches Axis AAA Bond Plus SDL ETF - 2026 Maturity Fund of Fund

Sep 30, 2021 by News Team

To invest in units of Axis AAA Bond Plus SDL ETF - 2026 Maturity ETF, an open-ended Target Maturity Exchange Traded Fund with objective to replicate Nifty AAA Bond Plus SDL Apr 2026 50:50 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there can be no Read More

Mahindra Mutual Fund launches Mahindra Manulife Asia Pacific REITs FOF

Sep 28, 2021 by News Team

The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in units of Manulife Global Fund – Asia Pacific REIT Fund, an overseas fund primarily investing in real estate investment trusts (REITs) in the Asia Pacific ex-Japan region. However, there can be no assurance that the investment Read More