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MUTUAL FUND ADVISORY
ICICI Prudential Dynamic Bond Fund announces change in exit load structure, with effect from November 01, 2014.
ICICI Prudential Constant Maturity Gilt Fund announces change in exit load structure, with effect from October 27, 2014.
Equity and Debt Mutual Funds surge as market rallied for the third consecutive session on Tuesday with the benchmark Nifty closing above the 7900 level supported by banks, metals, auto and capital goods stocks.
Equity and debt Mutual Funds across domain advanced as equity benchmarks started of the Diwali week with more than a percent gain on Monday, rejoicing after the BJP election win, diesel deregulation and gas price hike announced over the weekend.
ICICI Prudential MF launches ICICI Prudential Multiple Yield Fund - Series 8 - Plan A, a close ended income fund that seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments and in equity and equity related instruments.
Taurus Dynamic Income Fund announces change in exit load, with effect from October 20, 2014.
Motilal Oswal MOSt Shares 10 Year Gilt Fund announces change in exit load structure, with effect from October 20, 2014.
SBI Mutual Fund launches SBI Inflation Indexed Bond Fund, an open ended debt scheme with the objective to generate capital appreciation and income through investment in inflation indexed Securities.
Birla Sun Life Focused Equity Fund - Series 2 announces dividend, the record date for dividend is October 22, 2014.
Franklin Templeton Mutual Fund announces dividend under Dividend Plan Direct - Dividend Option of Franklin India Opportunities Fund and Franklin India Infotech Fund, the record date for dividend is October 22, 2014.
Equity Mutual Funds ended positive as equity benchmarks closed off day's high ahead of Maharashtra and Haryana state elections results that will be announced on Sunday.
At gross level, MFs mobilised Rs 54.1 lakh crore in September, while there were redemptions worth Rs 53.8 lakh crore as well. This resulted in a net inflow of Rs 30,517 crore.
Equity Mutual Funds across categories closed in red as Sensex closed below 26000 1st time since August 13.
This trend is expected to continue in the coming months, industry experts said, adding that the positive sentiment towards equity MFs and equity-linked savings schemes has been witnessed ever since the Narendra Modi-led government came to power at the Centre in May.
ICICI Prudential Mutual Fund has launched ICICI Prudential Growth Fund - Series 4, a close ended equity scheme with the objective to provide capital appreciation by investing in a well diversified portfolio of equity and equity related securities.