Mutual Funds

News

Date Heading Details
27-Nov-2020   13:16 Hrs IST Union MF introduces Hybrid Equity Fund <P align=justify>Union Mutual Fund (MF) has launched the Union Hybrid Equity Fund, an open-ended hybrid scheme investing predominantly in equity and equity related instruments. The NFO opens for subscription on November 27, 2020, and closes on December 11, 2020. The Entry load will be&nbsp;nil. The Exit load will be 1%, if units are redeemed/switched out on or before completion of 1 year from the date of allotment and nil thereafter. The minimum subscription amount is Rs 5,000 and in multiples of Re. 1 thereafter.<P align=justify>The performance of the Scheme will be benchmarked against to CRISIL Hybrid 35+65 Aggressive Index (TRI)**and its fund managers are Vinay Paharia, Parijat Agrawal and Hardick Bora.<P align=justify>The investment objective of the Scheme is to achieve long term capital growth and generate income from a portfolio, predominantly of equity and equity related securities. The scheme will also invest in debt &amp; money market instruments.<BR>
27-Nov-2020   13:11 Hrs IST HDFC MF introduces Dividend Yield Fund <P align=justify>HDFC Mutual Fund (MF) has launched the HDFC Dividend Yield Fund (HDYF), an open-ended equity scheme predominantly investing in dividend yielding stocks. The NFO opens for subscription on November 27, 2020, and closes on December 11, 2020. The Entry load will be not applicable for the scheme. The Exit load will be 1%, if units are redeemed/switched-out within 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 5000 and any amount thereafter.<P align=justify>The performance of the Scheme will be benchmarked against to the NIFTY Dividend Opportunities 50 TRI (Total Returns Index) and its fund managers are Gopal Agarwal and Anand Laddha.<P align=justify>The investment objective of the scheme seeks to provide capital appreciation and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.<P><BR>
27-Nov-2020   13:07 Hrs IST Baroda MF introduces Banking and PSU Bond Fund
27-Nov-2020   12:15 Hrs IST ICICI Pru MF declares dividend under Multi-Asset Fund
27-Nov-2020   12:12 Hrs IST ICICI Pru MF declares dividend under Balanced Advantage Fund
27-Nov-2020   12:10 Hrs IST ICICI Pru MF declares dividend under Long Term Equity Fund (Tax Saving)
27-Nov-2020   12:05 Hrs IST ICICI Pru MF declares dividend under Equity & Debt Fund
26-Nov-2020   14:16 Hrs IST ICICI Pru MF declares dividend under Equity & Debt Fund
26-Nov-2020   13:01 Hrs IST ICICI Pru AMC announces change in address of CAMS at Silchar in Assam
25-Nov-2020   13:00 Hrs IST Mirae Asset MF introduces Banking and Financial Services Fund