Mutual Funds

News

Date Heading Details
18-Feb-2019   15:13 Hrs IST ICICI Prudential Mutual Fund files offer document for Quant Fund <p align="justify">ICICI Prudential Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘ICICI Prudential Quant Fund '. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load is 1% of applicable Net Asset Value -If the amount, sought to be redeemed&nbsp; or&nbsp; switch&nbsp; out&nbsp; is&nbsp; invested&nbsp; for&nbsp; a&nbsp; period&nbsp; up to&nbsp; twelve months from the date of allotment; Nil-If&nbsp; the&nbsp; amount, sought&nbsp; to&nbsp; be&nbsp; redeemed&nbsp; or&nbsp; switch&nbsp; out&nbsp; is invested for a period of more than twelve months from the date of allotment. The scheme offers dividend and growth options and seeks to collect a Minimum Target Amount of Rs 10 crore. <br></p><p align="justify">The performance of the scheme will be benchmarked by NSE MIBO. The minimum application amount for initial purchase is Rs 5000 and in multiple of Re 1 thereafter.</p><p align="justify">The investment objective of the scheme is to generate long term capital appreciation and&nbsp; income&nbsp; distribution to investors from a portfolio&nbsp; that is predominantly invested in&nbsp; equity&nbsp; and&nbsp; equity&nbsp; related&nbsp; securities&nbsp; of large cap companies.<br></p>
18-Feb-2019   10:47 Hrs IST SBI MF introduces Capital Protection Oriented Fund-Series A (Plan 1) <p align="justify">SBI Mutual Fund (MF) has launched the SBI Capital Protection Oriented Fund-Series A (Plan 1), a close ended capital protection oriented scheme. The NFO opens for subscription on February 18, 2019 and closes on February 28, 2019. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.<p align="justify">The scheme's performance will be benchmarked against CRISIL Hybrid 85+15-Conservative Index and its fund managers are Rajeev Radhakrishnan and Ruchit Mehta. <p align="justify">The investment objective of the scheme is to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective. The Scheme is oriented towards protection of capital and not with guaranteed returns.<p align="justify">&nbsp;</p>
18-Feb-2019   10:42 Hrs IST Reliance MF introduces Junior BeES FoF
15-Feb-2019   16:27 Hrs IST Kotak International Mutual Fund files offer document for REIT Fund
15-Feb-2019   16:21 Hrs IST Motilal Oswal Mutual Fund files offer document for Large and Midcap Fund
15-Feb-2019   16:21 Hrs IST ICICI Prudential AMC announces changes in SID & KIM of Bharat 22 ETF
15-Feb-2019   15:34 Hrs IST Tata Mutual Fund files offer document for Banking & PSU Debt Fund
15-Feb-2019   15:34 Hrs IST ICICI Prudential Mutual Fund files offer document for Fixed Maturity Plan- Series 86-Plan A to Z
15-Feb-2019   15:31 Hrs IST ICICI Prudential MF declares dividend under FMCG Fund
15-Feb-2019   15:29 Hrs IST ICICI Prudential MF declares dividend under Banking & Financial Services Fund

Open A

New Account

Name
Email
Mobile Number
City
Select Products You Are Interested