Kotak Mahindra Mutual Fund has launched a new open-ended fund named Kotak BSE PSU Index Fund. The objective of this scheme is to provide returns that mirror the total returns of the underlying index, BSE PSU TRI, before accounting for expenses. There is no guarantee that the scheme will achieve its objective. The minimum investment …
Invesco India Manufacturing Fund is a new open-ended equity fund offered by Invesco Mutual Fund. Launched on 25 July 2024 and closing on 8 August 2024, the fund aims to generate capital appreciation by investing in equity and equity-related instruments of manufacturing companies. It falls under the sectoral/thematic category and requires a minimum investment of …
ICICI Prudential Mutual Fund launched a new open-ended thematic equity scheme named ICICI Prudential Energy Opportunities Fund. The scheme aims for long-term capital appreciation by investing in companies engaged in traditional and new energy sectors, including exploration, production, distribution, transportation, and processing activities. The investment in oil & gas, utilities, and power sectors are also …
Edelweiss Business Cycle Fund is an open-ended equity thematic mutual fund launched by Edelweiss Mutual Fund. The fund aims for long-term capital appreciation by investing in equity and equity-related securities. The fund managers will strategically allocate and rotate investments across sectors based on their position in the business cycle to potentially minimize volatility. The New …
Canara Robeco Balanced Advantage Fund is a new open-ended balanced advantage fund launched by Canara Robeco Mutual Fund. The scheme generates long-term capital appreciation with income generation by dynamically investing in equity, equity-related, debt, and money market instruments. The new fund offer will be open for subscription from July 12, 2024, to July 26, 2024. …
Baroda BNP Paribas Manufacturing Fund is an open-ended equity scheme that invests in companies engaged in the manufacturing sector launched by Baroda BNP Paribas Mutual Fund. This scheme is suitable for investors seeking long-term capital appreciation through investments in equity and equity-related securities of manufacturing companies. The New Fund Offer (NFO) for this scheme opens …
Bajaj Finserv Mutual Fund has launched an Open-Ended Equity Scheme, Bajaj Finserv Large Cap Fund, aimed at generating long-term capital appreciation and income distribution. The fund primarily invests in large-cap company equities. The New Fund Offer (NFO) opened on July 29, 2024, and closes on August 12, 2024. There is no entry load, but an …
Axis Nifty 500 Index Fund is a new open-ended index fund offered by Axis Mutual Fund that launched on June 26, 2024. It aims to track the total returns of the Nifty 500 TRI, subject to tracking errors. There is no entry load but an exit load of 0.25% if redeemed or switched out within …
Aditya Birla Sun Life Quant Fund is an open-ended equity scheme that invests in equity and equity-linked instruments based on a quantitative model for long-term capital appreciation. The scheme comes with a risk profile similar to the Nifty 200 TRI index. Investors unsure about the suitability of this product for their goals should consult a …
UTI Mutual Fund, one of the leading asset management companies in India, has introduced the UTI Nifty Private Bank Index Fund, an open-ended index scheme designed to replicate the performance of the Nifty Private Bank Total Return Index (TRI). The New Fund Offer (NFO) opened on September 2, 2024, and will close on September 16, …
