Birla Sun Life MF launches Nifty ETF

Birla Sun Life Mutual Fund new issue closes on 18th July

Birla Sun Life Mutual Fund has launched Birla Sun Life Nifty ETF, an open ended, index linked, exchange traded fund. The new issue closes on 18th July.

The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by S&P CNX Nifty, subject to tracking errors. The scheme will allocate 95% to 100% of assets in securities comprising of underlying benchmark index with high risk profile. On the other side, it would allocate up to 5% of assets in debt and money market instruments with low to medium risk profile.

The minimum investment amount is Rs5,000. S&P CNX Nifty is the benchmark index for the scheme. Satyabrata Mohanty will be the fund manager.

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SBI Mutual Fund unveils 90 days debt fund series

SBI Mutual Fund new issue closes on 7th July

SBI Mutual Fund has launched SBI Debt Fund Series-90 Days-46, a close-ended income scheme.

The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments. The tenure of the scheme is 90 days.

The new issue closes on 7th July. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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COMMENTS

Hemant Patil

5 years ago

I want to but i don't know the procedure

Reliance MF introduces 367 days fixed horizon fund

Reliance Mutual Fund new issue closes on 7th July

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XX-Series 22, a close-ended income scheme.

The investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
The tenure of the scheme is 367 days.

The new issue closes on 7th July. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Amit Tripathi is the fund manager.

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