Axis Mutual Fund launches Axis Floater Fund to tide over rising interest rates
The fund manager will build portfolio focusing on high credit quality bonds.
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SBI Mutual Fund launchs new fund offer of SBI Consumption ETF
The scheme is a passively managed fund and will track Nifty India Consumption Index.
Read moreSachin Bansal begins mutual fund journey with launch of cheapest index fund – Navi Nifty 50 Index Fund
To attract investors, the fund house has kept the expense ratio of the direct plan at six basis points (0.06%).
Read moreTata Mutual Fund launches new fund offer of Tata Floating Rate Fund
There are already 10 floating rate schemes which put together manage assets worth Rs 69,730 crore.
Read moreNippon India Mutual Fund launches new fund offer of Nippon India Nifty Pharma ETF
As of now there 12 pharma schemes that are focused on pharma stocks. These schemes put together manage assets worth Rs 14,949 crore.
Read moreAditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund
The scheme is an ideal vehicle for those who are looking to invest in large cap stocks present in Nifty 50 and want to benefit from broad-based rally in stocks.
Read moreNew fund offer of Parag Parikh Conservative Hybrid Fund closes today
PPFAS Mutual Fund closed the new fund offer of Parag Parikh Conservative Hybrid Fund for subscription at the closing hours of 21 May 2021. The scheme will reopen for ongoing subscription on 28 May 2021. The scheme aims to generate regular income through investments predominantly in debt and money market instruments. It also seeks to generate income and capital appreciation
Read moreEdelweiss Mutual Fund Launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund – 2026
The fund will have a defined maturity date of April 30, 2026. At maturity, investors will get back their investment proceeds.
Read moreDSP Investment Managers launches DSP Floater Fund
DSP Floater Fund is a one of its kind product in the short term category (duration band of 1 to 4 years) with interest rate hedge using paid position in OIS.
Read moreSBI Mutual Fund launches SBI Retirement Benefit Fund
The scheme will invest in a mix of stocks, foreign stocks, bonds and gold ETF depending on the plan the investor chooses.
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