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Latest News on Mutual Funds

HSBC Mutual Fund launches HSBC Consumption Fund


Aug 10, 2023 by News Team

The investment objective of the fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities. However, there can be no assurance or guarantee that the investment... Read More

Nippon India Mutual Fund launches Nippon India Innovation Fund


Aug 9, 2023 by News Team

The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in innovation, research and development, new product development or new platforms to... Read More

Kotak Mahindra Mutual Fund launches Kotak S&P BSE Housing Index Fund


Aug 7, 2023 by News Team

The investment objective of the scheme is to replicate the composition of the S&P BSE Housing Index and to generate returns that are commensurate with the performance of the S&P BSE Housing Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized. The scheme does not... Read More

Mirae Asset Mutual Fund launches Mirae Asset Multicap Fund


Jul 28, 2023 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 large cap, mid cap and small cap companies. However, there is no assurance that the investment objective of the scheme will be realized. This product... Read More

HDFC Mutual Fund launches HDFC Transportation and Logistics Fund


Jul 28, 2023 by News Team

To provide long-term capital appreciation by investing predominantly in equity and equity related securities under Transportation and Logistics theme. 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 long-term capital appreciation by... Read More

HDFC Mutual Fund launches HDFC Charity Fund for Cancer Cure (A Fixed Maturity Plan)


Jul 28, 2023 by News Team

To generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the scheme. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking regular income over 1196 days (tenure... Read More

Quant Mutual Fund launches Quant Manufacturing Fund


Jul 26, 2023 by News Team

The primary objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of companies that follow the manufacturing theme. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or... Read More

Mirae Asset Mutual Fund launches Mirae Asset Nifty 1D Rate Liquid ETF


Jul 24, 2023 by News Team

The investment objective is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The Scheme endeavors to provide returns that before expenses, closely correspond to the returns of... Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty Financial Services Ex-Bank Index Fund


Jul 24, 2023 by News Team

The investment objective of the scheme is to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be... Read More

Bajaj Finserv Mutual Fund launches Bajaj Finserv Flexi Cap Fund


Jul 24, 2023 by News Team

To generate long term capital appreciation by investing predominantly in equity and equity related instruments across market capitalisation. However, there is no assurance that the investment objective of the scheme will be achieved. The product is suitable for investors who are seeking wealth creation/capital appreciation over long term... Read More

UTI Mutual Fund launches UTI Balance Advantage Fund


Jul 21, 2023 by News Team

The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. 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

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty 200 Quality 30 ETF


Jul 21, 2023 by News Team

The investment objective of the scheme is to provide returns before expenses that 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. This product is suitable for investors who are seeking... Read More

DSP Mutual Fund launches DSP S&P BSE Sensex ETF


Jul 17, 2023 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (S&P BSE Sensex TRI), subject to tracking errors. There is no assurance that the investment objective of the scheme will be realized. The product is suitable for investors who are seeking long-term capital growth by... Read More

DSP Mutual Fund launches DSP Nifty PSU Bank ETF


Jul 17, 2023 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty PSU Bank TRI), subject to tracking errors. 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 capital growth by... Read More

DSP Mutual Fund launches DSP Nifty Private Bank ETF


Jul 17, 2023 by News Team

The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Private Bank TRI), subject to tracking errors. 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 capital growth by... Read More