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Latest News on Mutual Funds

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

Tata Mutual Fund launches Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund


Apr 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty500 Multicap Infrastructure 50:30:20 Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure... Read More

Tata Mutual Fund launches Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund


Apr 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty500 Multicap India Manufacturing 50:30:20 Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure... Read More

Tata Mutual Fund launches Tata Nifty Realty Index Fund


Apr 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Realty (TRI), subject to tracking error. 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. This... Read More

Tata Mutual Fund launches Tata Nifty MidSmall Healthcare Index Fund


Apr 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty MidSmall Healthcare Index (TRI), subject to tracking error. 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... Read More

Tata Mutual Fund launches Tata Nifty Financial Services Index Fund


Apr 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee... Read More

Tata Mutual Fund launches Tata Nifty Auto Index Fund


Apr 8, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty Auto Index (TRI), subject to tracking error. 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... Read More