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Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty LargeMidcap 250 Index Fund


Feb 22, 2024 by News Team

The objective of the scheme is to invest in companies whose securities are included in Nifty LargeMidcap 250 Index in the same weightage that they represent in the Nifty LargeMidcap 250 Index in order to achieve the returns of the above index, subject to tracking errors. However, there is no assurance or guarantee that the investment... Read More

PPFAS Mutual Fund launches Parag Parikh Dynamic Asset Allocation Fund


Feb 20, 2024 by News Team

The investment objective of the scheme is to generate income/longterm capital appreciation by investing in equity, equity derivatives, fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing... Read More

Mahindra Manulife Mutual Fund launches Mahindra Manulife Multi Asset Allocation Fund


Feb 20, 2024 by News Team

The investment objective of the scheme is to seek to generate long-term capital appreciation and income by investing in equity and equity related securities, debt & money market instruments, Gold/Silver ETFs and Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time. However, there can be no... Read More

Quantum Mutual Fund launches Quantum Multi Asset Allocation Fund


Feb 19, 2024 by News Team

The investment objective of the scheme is to generate long term capital appreciation / income by investing in Diversified portfolio of Equity & Equity Related Instruments, Debt & Money Market Instruments and Gold Related Instruments. There is no assurance that the investment objective of the scheme will be achieved. The... Read More

Zerodha Mutual Fund launches Zerodha Gold ETF


Feb 16, 2024 by News Team

The investment objective of the scheme is to generate returns corresponding to the Domestic Price of Gold before expenses, subject to tracking errors, fees and expenses by investing in Physical Gold. There can be no assurance or guarantee that the investment objective of the scheme would be achieved. The product is suitable... Read More

Canara Robeco Mutual Fund launches Canara Robeco Manufacturing Fund


Feb 16, 2024 by News Team

The scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity related instruments of companies engaged in the Manufacturing theme. However, there can be no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund


Feb 15, 2024 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF. There is no assurance that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking by investing... Read More

Edelweiss Mutual Fund launches Edelweiss Technology Fund


Feb 15, 2024 by News Team

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

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Innovation Fund


Feb 15, 2024 by News Team

The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product... Read More

Union Mutual Fund launches Union Business Cycle Fund


Feb 13, 2024 by News Team

The investment objective of the scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the scheme will be achieved. The... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF


Feb 12, 2024 by News Team

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Smallcap 250 Momentum Quality 100 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved. This product... Read More

Kotak Mutual Fund launches Kotak Technology Fund


Feb 12, 2024 by News Team

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of Technology & technology related sectors However, there is no assurance that the objective of the scheme will be achieved. The product is suitable for investors... Read More

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