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Latest News on Mutual Funds

ICICI Prudential Mutual Fund launches ICICI Prudential Midcap 150 Index Fund

Dec 3, 2021 by News Team

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. This... Read More

Edelweiss Mutual Fund launches BHARAT Bond ETF - April 2032

Dec 3, 2021 by News Team

The investment objective of the scheme is to track the Nifty BHARAT Bond Index – April 2032 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, 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

Edelweiss Mutual Fund launches BHARAT Bond ETF FOF - April 2032

Dec 3, 2021 by News Team

BHARAT Bond ETF FOF - April 2032 is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT Bond ETF – April 2032. However, there is no assurance that the investment objective of the Scheme will be realized. The product is suitable for investors who are seeking income over the Read More

Kotak Mahindra Mutual Fund launches Kotak Nifty Alpha 50 ETF

Dec 1, 2021 by News Team

The investment objective of the scheme is to replicate the composition of the NIFTY Alpha 50 Index and to generate returns that are commensurate with the performance of the NIFTY Alpha 50 Index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The Read More

Axis Mutual Fund launches Axis Multicap Fund

Nov 26, 2021 by News Team

To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. 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 capital appreciation over long Read More

Invesco Mutual Fund launches Invesco CoinShares Global Blockchain ETF Fund of Fund

Nov 24, 2021 by News Team

To generate returns by investing predominantly in units of Invesco CoinShares Global Blockchain UCITS ETF, an overseas exchange traded fund, which seeks to achieve the performance of the CoinShares Blockchain Global Equity Index (the “Reference Index”) less fees, expenses and transaction costs. However, there is no Read More

HDFC Mutual Fund launches HDFC Multi Cap Fund

Nov 23, 2021 by News Team

To generate long term capital appreciation by investing in equity and equity related securities of large cap, mid cap and small cap companies. 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 income by Read More

Tata Mutual Fund launches Tata Corporate Bond Fund

Nov 22, 2021 by News Team

The investment objective of the scheme is to generate returns over short to medium term by investing predominantly in corporate debt instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns. This product is suitable for Read More

Nippon India Mutual Fund launches Nippon India Taiwan Equity Fund

Nov 22, 2021 by News Team

The primary investment objective of Nippon India Taiwan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Taiwan and the secondary objective is to generate consistent returns by investing in Read More

Mirae Asset Mutual Fund launches Mirae Asset Hang Seng TECH ETF Fund of Fund

Nov 17, 2021 by News Team

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Hang Seng TECH ETF. There is no assurance that the investment objective of the scheme will be realized. This product is suitable for investors who are seeking to generate long Read More