Latest News on Mutual Funds

Kotak Mutual Fund launches Kotak FMP Series 328

Feb 9, 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

HDFC Mutual Fund launches HDFC NIFTY200 Momentum 30 Index Fund

Feb 9, 2024 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY200 Momentum 30 Index (TRI) (Underlying Index), subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized. The product is suitable for investors who are seeking returns... Read More

Groww Mutual Fund launches Groww Nifty Smallcap 250 Index Fund

Feb 9, 2024 by News Team

The scheme seeks investment return that corresponds to the performance of Nifty Smallcap 250 Total Return Index subject to tracking error. 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 looking for return... Read More

LIC Mutual Fund launches LIC MF Nifty Midcap 100 ETF

Feb 8, 2024 by News Team

The investment objective of the scheme is to provide returns that correspond to the total returns of securities as represented by Nifty Midcap 100 Total Return Index, subject to tracking errors. There is no assurance or guarantee that the objective of the scheme would be achieved. The product is suitable for investors who are... Read More

HSBC Mutual Fund launches HSBC Multi Asset Allocation Fund

Feb 8, 2024 by News Team

The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable... Read More

Axis MF launches Axis S & P BSE Sensex Index Fund

Feb 8, 2024 by News Team

To provide returns before expenses that corresponds to the total returns of the S & P BSE Sensex 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... Read More

Bank of India Mutual Fund launches Bank of India Multi Asset Allocation Fund

Feb 7, 2024 by News Team

The investment objective of the scheme is to seek long term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF. However, there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any... Read More

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Fixed Term Plan Series UT: 91 Days

Feb 7, 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

SBI Mutual Fund launches SBI Energy Opportunities Fund

Feb 6, 2024 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 limited to... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Large and Mid Cap Fund

Feb 6, 2024 by News Team

To generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity related securities. However, there is no assurance that the investment objective... Read More