The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.However, there can be no assurance that the investment objective of the Scheme... Read More
MOTILAL OSWAL Mutual Fund launches an open ended equity scheme named Motilal Oswal Most Focused Midcap 30 Fund. The investment objective of the Scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality midcap companies having long-term... Read More
The mutual fund sector in India has lost the trust of its investors in last few years owing to the lower publicity of the products in small towns. This has further affected the mutual fund investments and that has concerned the Finance Minister, P Chidambaram as well. As per his latest directive, FM... Read More
IDBI Mutual Fund launches IDBI DEBT OPPORTUNITIES FUND, an open ended fund suitable for Investors who are seeking regular income & capital appreciation through active management for at least medium term horizon. Investments would be made in CPs, CDs, NCDs and Bonds of Corporates... Read More
HDFC Mutual Fund launches a 3 year Close Ended Equity Scheme investing in Eligible Securities as per Rajiv Gandhi Equity Savings Scheme, as amended from time to time ("RGESS"). Investors looking for an investment opportunity in diversified portfolio of eligible equity shares included in S&P... Read More
IDFC mutual Fund is launching IDFC Equity Opportunity – Series 3 – the NFO, A close ended equity scheme launches on 10th Feb 2014 and closes on 24th Feb 2014. The fund will mature on 30th November 2015. The primary investment objective of the Scheme is to seek to generate capital... Read More
There is a flurry of new fund offers that opened today. Most of these were close ended Fixed Maturity Plans with tenures ranging from 366 days to 840 days, offered by fund houses such as Birla Sunlife, Deutsche, HDFC, IDFC, Sundaram and Tata Mutual Funds. The schemes close... Read More
DSP Black Rock Mutual Fund has launched New Fund Offer (NFO) of DSP BlackRock Dynamic Asset Allocation Fund (Scheme), an open ended fund of funds Scheme. The NFO is open for subscription from Jan 17, 2014 and will close on Jan 31, 2014. Exit load will be applicable as 1% of NAV... Read More
Foreign Institutional Investors (FIIs), major participants in the Indian stock market, were gross buyers of shares worth Rs 7,46,334 crore and sellers of equities worth Rs 6,45,757 crore till December 6 which translates into a net inflow of Rs 1,00,577 crore (USD 18 billion) – source: Sebi website… Read More
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