Mutual Funds

News

Date Heading Details
20-Aug-2019   16:41 Hrs IST Baroda Mutual Fund files offer document for Banking & PSU Bond Fund <p align="justify">Baroda Mutual Fund has filed offer document with SEBI to launch open ended equity scheme named ‘Baroda Banking &amp; PSU Bond Fund'. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers growth and dividend option and seeks to collect a Minimum Target Amount of Rs 20 crore. </p><p align="justify">The performance of the scheme will be benchmarked by CRISIL Short Term Bond Fund Index. The minimum application amount for initial purchase is Rs 5,000 and Re 1 thereafter.</p><p align="justify">The investment objective of the scheme is to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions and Municipal Bonds.<br></p>
20-Aug-2019   10:40 Hrs IST SBI MF introduces Fixed Maturity Plan (FMP)-Series 17 (1116 Days) <p align="justify">SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP)-Series 17 (1116 Days), a close ended debt scheme. The NFO opens for subscription on August 20, 2019 and closes on August 26, 2019. No Entry load and Exit load will be applicable for the scheme. 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 CRISIL Medium Term Debt index and its fund manager is Ranjana Gupta.<p align="justify">The investment objective of the scheme is to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU &amp; Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.</p>
20-Aug-2019   10:29 Hrs IST ITI MF introduces Arbitrage Fund
19-Aug-2019   10:19 Hrs IST YES MF introduces Overnight Fund
16-Aug-2019   10:31 Hrs IST Tata MF introduces Nifty Private Bank Exchange Traded Fund
16-Aug-2019   10:22 Hrs IST Sundaram MF introduces Equity Fund
14-Aug-2019   16:00 Hrs IST ICICI Pru MF declares dividend under Corporate Bond Fund
14-Aug-2019   15:45 Hrs IST ICICI Pru MF declares dividend under Banking & PSU Debt Fund
14-Aug-2019   14:06 Hrs IST ICICI Pru MF declares dividend under Bond Fund
13-Aug-2019   10:16 Hrs IST SBI MF introduces Fixed Maturity Plan (FMP)-Series 16 (1116 Days)