Mutual Funds

News

Date Heading Details
26-Feb-2021   10:40 Hrs IST Invesco MF introduces India ESG Equity Fund <p align="justify">Invesco Mutual Fund (MF) has launched the Invesco India ESG Equity Fund, an open-ended equity scheme investing in companies following Environmental, Social and Governance (ESG) theme. The NFO opens for subscription on February 26, 2021 and closes on March 12, 2021. The Entry load will be nil. Exit load will be as follows: If units are redeemed / switched out within 1 year from the date of allotment: if upto 10% of units allotted are redeemed/switched out-nil and any redemption / switch-out of units in excess of 10% of units allotted-exit load will be 1%. If units are redeemed/switched out after 1 year from the date of allotment, no exit load is payable. In case of each purchase of units through Dividend Transfer Plan (DTP): an exit load of 1% is payable if units are redeemed/ switched-out on or before 1 year from the date of allotment and no exit load is payable if units are redeemed/ switched-out after 1 year from the date of allotment. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.</p><p align="justify">The scheme's performance will be benchmarked against the performance to NIFTY100 Enhanced ESG TRI and Taher Badshah and Amit Nigam will be the fund managers of the scheme.</p><p align="justify">The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies which are selected based on Environmental, Social and Governance (ESG) criteria as defined by our proprietary investment framework.</p><p><br></p>
26-Feb-2021   10:30 Hrs IST Kotak Mahindra MF introduces IT ETF <p align="justify">Kotak Mahindra Mutual Fund (MF) has launched the Kotak IT ETF, an open-ended scheme replicating/ tracking NIFTY IT Index. The NFO opens for subscription on February 26, 2021 and closes on March 01, 2021. The Entry load and Exit Load will be nil. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.</p><p align="justify">The scheme's performance will be benchmarked against the performance to NIFTY IT Index TRI and Devender Singhal and Satish Dondapati will be the designated fund managers of the scheme.</p><p align="justify">The investment objective of the scheme is to replicate the composition of the NIFTY IT Index and to generate returns that are commensurate with the performance of the NIFTY IT Index, subject to tracking error.<br></p>
25-Feb-2021   12:51 Hrs IST ICICI Pru MF declares dividend under Balanced Advantage Fund
25-Feb-2021   12:49 Hrs IST ICICI Pru MF declares dividend under Multi-Asset Fund
25-Feb-2021   11:30 Hrs IST Aditya Birla Sun Life Mutual Fund files offer document for Fixed Term Plan - Series TD to Series TH
24-Feb-2021   16:42 Hrs IST ICICI Pru AMC announces change in fund manager under Equity Savings Fund
24-Feb-2021   10:34 Hrs IST Mirae Asset MF introduces Corporate Bond Fund
23-Feb-2021   15:53 Hrs IST Axis Mutual Fund files offer document for All Seasons Equity Fund of Fund
18-Feb-2021   12:11 Hrs IST ICICI Pru MF declares dividend under Corporate Bond Fund
18-Feb-2021   12:09 Hrs IST ICICI Pru MF declares dividend under Banking & PSU Debt Fund