HDFC Mutual Fund launches HDFC NIFTY Next 50 index Fund
Oct 22, 2021 by News Team
To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Next 50 Index TRI (Underlying Index), 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 returns that are......
Continue readingLIC Mutual Fund launches LIC MF Balanced Advantage Fund
Oct 21, 2021 by News Team
The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt and money market instruments. The scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there is no assurance or guarantee that...
Continue readingAditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty IT ETF
Oct 21, 2021 by News Team
The investment objective of the scheme is to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Information Technology TRI, subject to tracking errors. However, the performance of scheme may differ from that of the underlying index due to tracking error. The scheme...
Continue readingITI Mutual Fund launches ITI Pharma and Healthcare Fund
Oct 18, 2021 by News Team
The investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies engaged in Pharma and Healthcare. However, there can be no assurance that the investment objective of the scheme would be achieved. The product is suitable for...
Continue readingICICI Prudential Mutual Fund launches ICICI Prudential Consumption ETF
Oct 18, 2021 by News Team
The investment objective of the scheme is to provide returns before expenses that closely 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...
Continue readingDSP Mutual Fund launches DSP Nifty 50 Equal Weight ETF
Oct 18, 2021 by News Team
The scheme seeks to provide returns that, before expenses, closely correspond to the total return of the underlying index (NIFTY 50 Equal Weight Index), 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...
Continue readingAditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nasdaq 100 FOF
Oct 18, 2021 by News Team
The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETFs and/or Index Fund based on NASDAQ-100 Index. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved. The product is suitable for...
Continue readingSundaram Mutual launches Sundaram Gurukulam
Oct 13, 2021 by Sundaram Mutual Fund
Change is the new constant!! Customer needs are evolving rapidly as is the investment market place. In the new Digital World, customer engagement, retention and acquisition methodologies will need to be re-visited. Thus the need to continuously upgrade skills and knowledge......
Continue readingICICI Prudential Mutual Fund launches ICICI Prudential Smallcap Index Fund
Oct 12, 2021 by News Team
The objective of the scheme is to invest in companies whose securities are included in Nifty Smallcap 250 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in stocks comprising the Nifty Smallcap 250 Index in the same weightage that they represent in Nifty...
Continue readingKotak Mahindra Mutual Fund launches Kotak Nifty AAA Bond Plus SDL Apr 2031 70 30 ETF
Oct 11, 2021 by News Team
The investment objective of the scheme is to replicate Nifty AAA Bond Plus SDL Apr 2031 70:30 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The product is...
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