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Latest News on Mutual Funds

Groww Mutual Fund launches Groww Multicap Fund

Nov 26, 2024 by News Team

To achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of large, mid and small-cap companies. However, there can be no assurance that the investment objective of the scheme will be realised. This product is suitable for investors who are seeking by investing in... Read More

Tata Mutual Fund launches Tata BSE Select Business Groups Index Fund

Nov 25, 2024 by News Team

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of BSE Select Business Groups 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... Read More

Kotak Mahindra Mutual Fund launches Kotak Transportation and Logistics Fund

Nov 25, 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 companies engaged in transportation & logistics and related activities. However, there is no assurance that the objective of the scheme will be achieved. This... Read More

HDFC Mutual Fund launches HDFC Nifty India Digital Index Fund

Nov 22, 2024 by News Team

To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty India Digital Index (TRI), subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who are seeking returns that are commensurate... Read More

Axis Mutual Fund launches Axis Momentum Fund

Nov 22, 2024 by News Team

The scheme aims to provide long-term capital growth from an actively managed diversified portfolio of equity & equity-related securities of companies that exhibit strong momentum. The selection of securities will be based on a quantitative model that will aim to maximize momentum exposure based on various parameters... Read More

Mirae Asset Mutual Fund launches Mirae Asset Long Duration Fund

Nov 21, 2024 by News Team

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the scheme will be realized... Read More

Edelweiss Mutual Fund launches Edelweiss CRISIL IBX AAA Financial Services Jan 2028 Index Fund

Nov 21, 2024 by News Team

The investment objective of the scheme is to replicate CRISIL IBX AAA Financial Services - Jan 2028 Index by investing in AAA rated financial services corporate bond issuers maturing on or before January 2028, subject to tracking errors. There is no assurance that the investment objective of the scheme will be... Read More

Franklin Templeton Mutual Fund launches Franklin India Long Duration Fund

Nov 20, 2024 by News Team

The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. This... Read More

PGIM India Mutual Fund launches PGIM India Healthcare Fund

Nov 19, 2024 by News Team

The primary investment objective of the scheme is to seek to generate consistent returns by predominantly investing in equity and equity related securities of pharmaceutical and healthcare companies. However, there is no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee... Read More

Shriram Mutual Fund launches Shriram Multi Sector Rotation Fund

Nov 18, 2024 by News Team

The investment objective of the scheme is to generate long-term capital appreciation by employing a quanta mental approach of investing in equity and equity derivatives of specific sectors that are trending due to better earnings expectation. The allocation among sectors and stock selection will be decided by the in-house... Read More