Mutual Funds

News

Date Heading Details
25-Apr-2019   10:29 Hrs IST ITI MF introduces Multi Cap Fund <p align="justify">ITI Mutual Fund (MF) has launched the ITI Multi Cap Fund, an open ended equity scheme. The NFO opens for subscription on April 25, 2019 and closes on May 09, 2019. Entry load is nil and Exit load will be 1% within 12 months from the date of allotment in respect of Purchase made other than through SIP; and within 12 months from the date of allotment in respect of each Purchase made through SIP and Exit load will be nil beyond 12 months from the date of allotment. The minimum subscription amount is Rs 1000 and in multiples of Re 1 thereafter.<p align="justify">The scheme's performance will be benchmarked against Nifty 500 Total Return Index and its fund managers are George Heber Joseph and Pradeep Gokhale.<p align="justify">The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio that predominantly invests in equity and equity-related securities of companies across various market capitalization.</p>
25-Apr-2019   10:18 Hrs IST Indiabulls MF introduces Banking & PSU Debt Fund <p align="justify">Indiabulls Mutual Fund (MF) has launched the Indiabulls Banking &amp; PSU Debt Fund, an open ended debt scheme. The NFO opens for subscription on April 25, 2019 and closes on May 09, 2019. Entry load is nil and Exit load will be 0.25% in case of Redemption/Switch on or before 3 days of subscription and Exit load will be nil in case of Post completion of 3 days. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.<p align="justify">The scheme's performance will be benchmarked against CRISIL Banking and PSU Debt Index and its fund manager is Vikrant Mehta.<p align="justify">The investment objective of the scheme is to generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).</p>
24-Apr-2019   14:19 Hrs IST ICICI Prudential MF declares dividend under Medium Term Bond Fund
24-Apr-2019   14:18 Hrs IST ICICI Prudential MF declares dividend under All Seasons Bond Fund
24-Apr-2019   10:19 Hrs IST ITI MF introduces Liquid Fund
24-Apr-2019   10:09 Hrs IST ICICI Pru MF introduces Fixed Maturity Plan-Series 86-1099 Days Plan B
23-Apr-2019   10:33 Hrs IST SBI MF introduces Fixed Maturity Plan (FMP)-Series 4 (365 Days)
23-Apr-2019   10:22 Hrs IST Mirae Asset MF introduces Focused Fund
23-Apr-2019   10:09 Hrs IST Baroda MF introduces Overnight Fund
22-Apr-2019   16:05 Hrs IST ICICI Prudential MF declares dividend under Equity - Arbitrage Fund

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