Mutual Funds

News

Date Heading Details
15-Nov-2019   15:34 Hrs IST Sundaram Mutual Fund files offer document for Bluechip Fund <p align="justify">Sundaram Mutual Fund has filed offer document with SEBI to launch an open ended equity scheme named ‘Sundaram Bluechip Fund'. The New Fund Offer price is Rs 10 per unit. Entry load will be nill and Exit load for redemption within 12 months from the date of allotment will be 1%; for redemption on or after 12 months from the date of allotment will Nil. The scheme offers growth and dividend options and seeks to collect a Minimum Target Amount of Rs 10 crores. </p><p align="justify">The performance of the scheme will be benchmarked against Nifty 100 TRI index. The minimum application amount for initial purchase is Rs 100 and in multiples of Re 1 thereafter.</p><p align="justify">The investment objective of the scheme is to generate capital appreciation by investing in large cap stocks.<br></p><p align="justify"><br></p>
15-Nov-2019   10:21 Hrs IST Union MF introduces Union Large & Midcap Fund <p align="justify">Union Mutual Fund (MF) has launched the Union Large &amp; Midcap Fund, an open ended equity scheme. The NFO opens for subscription on November 15, 2019 and closes on November 29, 2019. Entry load is nil and Exit load will be 1% if units are redeemed or switched out on or before completion of 1 year from the date of allotment and nil thereafter. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.<p align="justify">The scheme's performance will be benchmarked against S&amp;P BSE 250 LargeMidCap Index (TRI) and its fund manager is Vinay Paharia.<p align="justify">The investment objective of the scheme is to seek to generate capital appreciation by investing predominantly in a portfolio of equity and equity linked securities of large cap and mid cap companies.</p>
15-Nov-2019   10:12 Hrs IST Tata MF introduces Focused Equity Fund
14-Nov-2019   16:16 Hrs IST ICICI Pru AMC announces change in Dividend Payout Frequency under Liquid ETF scheme
14-Nov-2019   10:15 Hrs IST SBI MF introduces Fixed Maturity Plan (FMP)-Series 24 (1107 Days)
11-Nov-2019   16:42 Hrs IST ICICI Pru AMC declares changes in SID, KIM of its open ended schemes of the Fund
05-Nov-2019   17:03 Hrs IST ICICI Pru MF declares dividend under Balanced Advantage Fund
05-Nov-2019   17:00 Hrs IST ICICI Pru MF declares dividend under Multi-Asset Fund
05-Nov-2019   16:56 Hrs IST ICICI Pru MF declares dividend under Multiple Yield Fund-Series 8-1824 Days-Plan A
05-Nov-2019   10:33 Hrs IST SBI MF introduces Fixed Maturity Plan (FMP)-Series 23 (1106 Days)