The scheme is benchmarked against Nifty Midcap 100 Index (TRI).
The scheme will be benchmarked against Nifty 500 TRI. Rajeev Thakkar, Raunak Onkar and Raj Mehta will manage the scheme.
The new fund offer (NFO) will open for subscription on June 20 and it will close on July 4.
DSP Mutual Fund has launched a new quant-based mutual fund scheme called the DSP Quant Fund.
An open-end equity mutual fund scheme, the new fund offer (NFO) opens December 26.
With a 10-year return of 17.86%, the fund has outperformed the benchmark index (16.98%) but fared below the category average (18.01%).
Union Asset Management Company has launched a new value fund called Union Value Discovery Fund.
Motilal Oswal AMC has launched a new fund of fund named Motilal Oswal Nasdaq 100 FOF.
Tata Mutual Fund launched a new small scheme called Tata Small Cap Fund on Friday.
L&T Mutual Fund has launched a focused fund called L&T Focused Equity Fund.
ICICI Prudential Mutual Fund has launched a thematic scheme called ICICI Prudential Manufacturing in India Fund.
HSBC Mutual Fund has launched a new equity hybrid scheme called the HSBC Equity Hybrid Fund today.
The services segment accounts for 53% of India’s GDP but only 35% of total market capitalisation, illustrating that there is enough room for expansion in valuation of listed entities in the space.
BNP Paribas Mutual Fund has launched a new scheme based on the consumption theme.
Tata Mutual Fund has launched a new scheme under the muticap category.
ICICI Prudential Mutual Fund has launched a new sector scheme called ICICI Prudential Pharma Healthcare and Diagnostics Fund
Mirae Asset Mutual Fund is launching a new sector scheme with a focus on healthcare and allied sectors.
ICICI Prudential AMC has launched Bharat 22 ETF, an open-ended exchange traded fund, that will invest in S&P BSE BHARAT 22 index.
he Axis Multicap Fund, as the name suggests, would invest across all the market capitalisations.
Indiabulls Mutual Fund has launched Indiabulls Tax Savings Fund, an Equity Linked Savings Scheme (ELSS). The NFO closes for subscription on 20 December.
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