Reliance MF launches “Reliance Fixed Horizon Fund- XXVII- Series 2”; NFO to close on August 04 30/07/2014

Reliance MF launches “Reliance Fixed Horizon Fund- XXVII- Series 2”; NFO to close on August 04
30/07/2014 11:05
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVII- Series 2” with maturity period of 1098 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on August 04. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments and government securities & debt instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in government securities & debt instruments.

IDFC MF launches “IDFC Fixed Term Plan Series -100(1098 Days)”; NFO to close on August 04 30/07/2014

IDFC MF launches “IDFC Fixed Term Plan Series -100(1098 Days)”; NFO to close on August 04
30/07/2014 10:57
IDFC Mutual Fund has launched a new close ended income scheme named “IDFC Fixed Term Plan Series -100(1098 Days)” with maturity period of 1098 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on August 04. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Anupam Joshi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments (including CBLO) and debt securities. Hence, the scheme will allocate 0 to 20 per cent of asset in money market instruments (including CBLO) and 80 to 100 per cent of asset in debt securities.

Edelweiss MF declares dividend under “Edelweiss Select Midcap Fund - Direct Plan” 30/07/2014

Edelweiss MF declares dividend under “Edelweiss Select Midcap Fund - Direct Plan”
30/07/2014 10:38
Edelweiss Mutual Fund has announced 5.0000 per cent dividend under dividend payout option of scheme named as “Edelweiss Select Midcap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is August 01. The latest NAV of the scheme is Rs 16.38. The investment objective of the equity-diversified scheme is to generate long term capital appreciation from a portfolio predominantly comprising of equity and equity related securities of Mid Cap Companies. The performance of the scheme is benchmarked against CNX Midcap Index. Paul Parampreet is the fund manager of the scheme.

ICICI Prudential MF declares dividend under “ICICI Prudential Interval Fund II - Qtrly Interval Plan F - Direct Plan&rd 30/07/2014

ICICI Prudential MF declares dividend under “ICICI Prudential Interval Fund II - Qtrly Interval Plan F - Direct Plan&rd
30/07/2014 10:34
ICICI Prudential Mutual Fund has announced 1.6140 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund II - Qtrly Interval Plan F - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 31. The latest NAV of the scheme is Rs 10.24. The investment objective of the debt-income scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

SBI MF launches “SBI Debt Fund Series A – 38 (1100 Days)”; NFO to close on July 31 28/07/2014

SBI MF launches “SBI Debt Fund Series A – 38 (1100 Days)”; NFO to close on July 31
28/07/2014 10:50
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series A – 38 (1100 Days)” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 31. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Rajeev Radhakrishnan will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide regular returns and capital growth with limited interest rate risk will be met by investing in a portfolio of debt instruments and money market securities. Hence, the scheme will allocate 60 to 100 per cent of asset in debt instruments and 0 to 40 per cent of asset in money market securities.

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-1352 Days Plan E”; NFO to close on A 28/07/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-1352 Days Plan E”; NFO to close on A
28/07/2014 10:41
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1352 Days Plan E” with maturity period of 1352 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on August 06. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and debt instruments including securitized debt. Hence, the scheme will allocate 0 to 20 per cent of asset in money market instruments and 80 to 100 per cent of asset in debt instruments including securitized debt.

SBI MF declares dividend under “SBI Arbitrage Opportunities Fund - Direct Plan” 28/07/2014

SBI MF declares dividend under “SBI Arbitrage Opportunities Fund - Direct Plan”
28/07/2014 10:29
SBI Mutual Fund has announced 0.7000 per cent dividend under dividend payout option of scheme named as “SBI Arbitrage Opportunities Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 30. The latest NAV of the scheme is Rs 13.10. The investment objective of the equity-diversified fund scheme is to provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Suchita Shah is the fund manager of the scheme.

HDFC MF launches “HDFC FMP 1116D July 2014 (1)”; NFO to close on August 11 25/07/2014

HDFC MF launches “HDFC FMP 1116D July 2014 (1)”; NFO to close on August 11
25/07/2014 12:24
HDFC Mutual Fund has launched a new close ended income scheme named “HDFC FMP 1116D July 2014 (1)” with maturity period of 1116 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 30 and will close on August 11. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Dividend and Flexi option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Shobhit Mehrotra and Rakesh Vyas will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate regular income will be met by investing in a portfolio of debt instruments & government securities and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments & government securities and up to 20 per cent of asset in money market instruments.

Birla Sun Life MF launches “Birla Sun Life Capital Protection Oriented Fund - Series 22”; NFO to close on August 25/07/2014

Birla Sun Life MF launches “Birla Sun Life Capital Protection Oriented Fund - Series 22”; NFO to close on August
25/07/2014 11:09
Birla Sun Life Mutual Fund has launched a new close ended capital protection oriented scheme named “Birla Sun Life Capital Protection Oriented Fund - Series 22” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on August 08. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The option available under the Plan of the Scheme is Growth option only. The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Prasad Dhonde and Vineet Maloo will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to seek capital protection will be met by investing in a portfolio of debt securities & money market instruments and equity & equity related instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities & money market instruments and 0 to 20 per cent of asset in equity & equity related instruments.

Axis MF launches “Axis Enhanced Arbitrage Fund”; NFO to close on August 08 25/07/2014

Axis MF launches “Axis Enhanced Arbitrage Fund”; NFO to close on August 08
25/07/2014 11:03
Axis Mutual Fund has launched a new open ended arbitrage fund scheme named “Axis Enhanced Arbitrage Fund”. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on August 08. According to the offer document filed with SEBI, the entry load is nil and an exit Load of 0.50 per cent will be charged if units are redeemed/switched out within 90 days from the date of investment/allotment. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Liquid Fund Index. Pankaj Murarka and Devang Shah will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of equities, equity related instruments (unhedged), equities, equity related instruments and derivatives including index futures, stock futures, index options & stock options, etc. as part of hedged / arbitrage exposure and debt & money market instruments (including investments in securitized debt). Hence, the scheme will allocate 0 to 10 per cent of asset in equities, equity related instruments (unhedged), 65 to 90 per cent of asset in Equities, equity related instruments and derivatives including index futures, stock futures, index options & stock options, etc. as part of hedged / arbitrage exposure and 10 to 35 per cent of asset in debt & money market instruments (including investments in securitized debt).

Shriram A M C - Closure of Trading Window 24/07/2014

Shriram A M C - Closure of Trading Window
24/07/2014 17:01
Shriram Asset Management Company Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on August 14, 2014, inter alia, to consider, the Unaudited Financial Results for the quarter ended June 30, 2014.

Further, the `Trading Window as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, will be closed from August 08, 2014 to August 15, 2014 (both days inclusive).

This trading window closure will be for taking into consideration the Unaudited Financial Results for the quarter ended on June 30, 2014.

L&T MF declares dividend under “L&T India Prudence” 24/07/2014

L&T MF declares dividend under “L&T India Prudence”
24/07/2014 10:49
L&T Mutual Fund has announced 1.0000 per cent dividend under dividend payout option of scheme named as “L&T India Prudence” on the face value of Rs 10 per unit. The record date for the dividend is July 28. The latest NAV of the scheme is Rs 15.75. The investment objective of the equity-diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.

ICICI Prudential MF declares dividend under “ICICI Prudential R.I.G.H.T. Fund” 24/07/2014

ICICI Prudential MF declares dividend under “ICICI Prudential R.I.G.H.T. Fund”
24/07/2014 10:43
ICICI Prudential Mutual Fund has announced 16.0000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential R.I.G.H.T. Fund” on the face value of Rs 10 per unit. The record date for the dividend is July 25. The latest NAV of the scheme is Rs 21.70. The investment objective of the Equity-ELSS scheme is to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with income tax benefit. The performance of the scheme is benchmarked against NSE Index. Manish Gunwani is the fund manager of the scheme.

UTI MF launches “UTI-Fixed Term Income Fund-Series XIX – XVII (369 days)”; NFO to close on July 30 24/07/2014

UTI MF launches “UTI-Fixed Term Income Fund-Series XIX – XVII (369 days)”; NFO to close on July 30
24/07/2014 10:35
UTI Mutual Fund has launched a new close ended income scheme named “UTI-Fixed Term Income Fund – Series XIX – XVII (369 days)” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 30. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Quarterly Dividend, Flexi Dividend, Annual Dividend and Maturity Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Manish Joshi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments and money market instruments.

BNP Paribas MF declares dividend under “BNP Paribas Dividend Yield Fund - Direct Plan” 23/07/2014

BNP Paribas MF declares dividend under “BNP Paribas Dividend Yield Fund - Direct Plan”
23/07/2014 10:55
BNP Paribas Mutual Fund has announced 0.8000 per cent dividend under dividend payout option of scheme named as “BNP Paribas Dividend Yield Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 25. The latest NAV of the scheme is Rs 14.48. The investment objective of the equity-diversified scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. The performance of the scheme is benchmarked against CNX 200 Index. Shreyash Devalkar is the fund manager of the scheme.

Canara Robeco MF declares dividend under “Canara Robeco F.O.R.C.E Fund” 23/07/2014

Canara Robeco MF declares dividend under “Canara Robeco F.O.R.C.E Fund”
23/07/2014 10:52
Canara Robeco Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as “Canara Robeco F.O.R.C.E Fund” on the face value of Rs 10 per unit. The record date for the dividend is July 25. The latest NAV of the scheme is Rs 17.87. The investment objective of the equity-diversified scheme is to provide long-term capital appreciation by primarily investing in equity and equity related securities of companies in the finance, retail & entertainment sector. The performance of the scheme is benchmarked against CNX Nifty Index. Krishna Sanghavi is the fund manager of the scheme.

UTI MF launches “UTI-Fixed Term Income Fund-Series XIX – XV (1101 days)”; NFO to close on August 06 23/07/2014

UTI MF launches “UTI-Fixed Term Income Fund-Series XIX – XV (1101 days)”; NFO to close on August 06
23/07/2014 10:41
UTI Mutual Fund has launched a new close ended income scheme named “UTI-Fixed Term Income Fund – Series XIX – XV (1101 days)” with maturity period of 1101 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on August 06. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Quarterly Dividend, Flexi Dividend, Annual Dividend and Maturity Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Manish Joshi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments and 0 to 20 per cent of asset in money market instruments.

Kotak Mahindra MF declares dividend under “Kotak Classic Equity - Direct Plan” 22/07/2014

Kotak Mahindra MF declares dividend under “Kotak Classic Equity - Direct Plan”
22/07/2014 11:11
Kotak Mahindra Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as “Kotak Classic Equity - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 25. The latest NAV of the scheme is Rs 18.48. The investment objective of the equity-diversified scheme is to generate capital appreciation from a diversified portfolio of equity & equity related securities. The performance of the scheme is benchmarked against CNX 500 Index. Emmanuel Elango is the fund manager of the scheme.

Edelweiss MF declares dividend under “Edelweiss Absolute Return Fund - Direct Plan” 22/07/2014

Edelweiss MF declares dividend under “Edelweiss Absolute Return Fund - Direct Plan”
22/07/2014 11:07
Edelweiss Mutual Fund has announced 2.2000 per cent dividend under dividend payout option of scheme named as “Edelweiss Absolute Return Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 25. The latest NAV of the scheme is Rs 13.64. The investment objective of the equity-diversified scheme is to generate absolute returns with low volatility over a longer tenure of time. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Paul Parampreet is the fund manager of the scheme.

Birla Sun Life MF declares dividend under “Birla Sun Life Midcap Fund” 22/07/2014

Birla Sun Life MF declares dividend under “Birla Sun Life Midcap Fund”
22/07/2014 10:59
Birla Sun Life Mutual Fund has announced 25.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is July 24. The latest NAV of the scheme is Rs 28.96. The investment objective of the Open-ended growth scheme is to achieve long-term growth of capital at controlled level of risk by primarily investing in midcap stocks. The performance of the scheme is benchmarked against CNX Midcap Index. Nishit Dholakia is the fund manager of the scheme.

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-370 Days Plan D”; NFO to close on Ju 22/07/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-370 Days Plan D”; NFO to close on Ju
22/07/2014 10:50
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-370 Days Plan D” with maturity period of 370 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 28. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and debt instruments including securitized debt. Hence, the scheme will allocate 60 to 100 per cent of asset in money market instruments and 0 to 40 per cent of asset in debt instruments including securitized debt

Shriram A M C - Shareholding Pattern For June 30, 2014 21/07/2014

Shriram A M C - Shareholding Pattern For June 30, 2014
21/07/2014 16:44
Shriram Asset Management Company Ltd has informed BSE about the Shareholding Pattern as on June 30, 2014.

UTI MF launches “UTI-Fixed Term Income Fund – Series XIX – XIV (1832 days)”; NFO to close on July 25 21/07/2014

UTI MF launches “UTI-Fixed Term Income Fund – Series XIX – XIV (1832 days)”; NFO to close on July 25
21/07/2014 11:13
UTI Mutual Fund has launched a new close ended income scheme named “UTI-Fixed Term Income Fund – Series XIX – XIV (1832 days)” with maturity period of 1832 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 16 and will close on July 25. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Quarterly Dividend, Flexi Dividend, Annual Dividend and Maturity Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Manish Joshi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments and 0 to 20 per cent of asset in money market instruments.

Sundaram MF launches “Sundaram Fixed Term Plan -GI (366 Days)”; NFO to close on July 23 21/07/2014

Sundaram MF launches “Sundaram Fixed Term Plan -GI (366 Days)”; NFO to close on July 23
21/07/2014 11:02
Sundaram Mutual Fund has launched a new close ended income scheme named “Sundaram Fixed Term Plan -GI (366 Days)” with maturity period of 366 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 23. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Sandeep Agarwal will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and short-term and medium-term debt instruments. Hence, the scheme will allocate up to 100 per cent of asset in money market instruments and short-term and medium-term debt instruments.

L&T MF launches “L&T FMP SERIES XI-PLAN C (1139 days)”; NFO to close on July 23 21/07/2014

L&T MF launches “L&T FMP SERIES XI-PLAN C (1139 days)”; NFO to close on July 23
21/07/2014 10:45
L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN C (1139 days)” with maturity period of 1139 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 23. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Vikram Chopra and Richa Sharma will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to achieve growth of capital will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 90 to 100 per cent of asset in debt instruments and 0 to 10 per cent of asset in money market instruments.

Deutsche MF launches “DWS Hybrid Fixed Term Fund - Series 25 (21 months)”; NFO to close on July 25 21/07/2014

Deutsche MF launches “DWS Hybrid Fixed Term Fund - Series 25 (21 months)”; NFO to close on July 25
21/07/2014 10:34
Deutsche Mutual Fund has launched a new close ended debt scheme named “DWS Hybrid Fixed Term Fund - Series 25 (21 months)” with maturity period of 21 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 25. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Fund Index. Rakesh Suri and Akash Singhania will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of domestic debt instruments including government securities, money market instrument, cash & cash equivalents (CBLO, Reverse Repo, T Bills) and equity & equity related securities. Hence, the scheme will allocate 75 to 100 per cent of asset in domestic debt instruments including government securities, 0 to 20 per cent of asset in money market instrument, cash & cash equivalents (CBLO, Reverse Repo, T Bills) and 5 to 20 per cent of asset in equity & equity related securities.

UTI MF launches “UTI-Fixed Term Income Fund – Series XIX – XIII (366 days)”; NFO to close on July 21 18/07/2014

UTI MF launches “UTI-Fixed Term Income Fund – Series XIX – XIII (366 days)”; NFO to close on July 21
18/07/2014 11:09
UTI Mutual Fund has launched a new close ended income scheme named “UTI-Fixed Term Income Fund – Series XIX – XIII (366 days)” with maturity period of 366 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 16 and will close on July 21. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Quarterly Dividend, Flexi Dividend, Annual Dividend and Maturity Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Manish Joshi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments and money market instruments.

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan C (367 Days)”; NFO to close 18/07/2014

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan C (367 Days)”; NFO to close
18/07/2014 10:49
Religare Invesco Mutual Fund has launched a new close ended debt scheme named “Religare Invesco Fixed Maturity Plan - Series 24 - Plan C (367 Days)” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 21. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Nitish Sikand will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments including money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments including money market instruments.

Reliance MF launches “Reliance Fixed Horizon Fund- XXVII- Series 1”; NFO to close on July 21 18/07/2014

Reliance MF launches “Reliance Fixed Horizon Fund- XXVII- Series 1”; NFO to close on July 21
18/07/2014 10:40
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVII- Series 1” with maturity period of 366 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 16 and will close on July 21. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments, government securities & debt instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in money market instruments, government securities & debt instruments.

Birla Sun Life MF launches “Birla Sun Life Emerging Leaders Fund - Series 4”; NFO to close on July 31 18/07/2014

Birla Sun Life MF launches “Birla Sun Life Emerging Leaders Fund - Series 4”; NFO to close on July 31
18/07/2014 10:30
Birla Sun Life Mutual Fund has launched a new close ended equity scheme named “Birla Sun Life Emerging Leaders Fund - Series 4” with maturity period of 3 years from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close July 31. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against S&P BSE Midcap Index. Mahesh Patil and Milind Bafna will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate long-term capital appreciation will be met by investing in a portfolio of equity and equity related securities and cash, money market & debt instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in equity and equity related securities and 0 to 20 per cent of asset in cash, money market & debt instruments

Reliance MF launches “Reliance Fixed Horizon Fund- XXVI- Series 35”; NFO to close on July 30 17/07/2014

Reliance MF launches “Reliance Fixed Horizon Fund- XXVI- Series 35”; NFO to close on July 30
17/07/2014 11:14
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVI- Series 35” with maturity period of 1095 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 16 and will close on July 30. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments and government securities & debt instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in government securities & debt instruments.

Reliance MF launches “Reliance Capital Builder Fund- Series A”; NFO to close on July 31 17/07/2014

Reliance MF launches “Reliance Capital Builder Fund- Series A”; NFO to close on July 31
17/07/2014 11:06
Reliance Mutual Fund has launched a new close ended equity oriented scheme named “Reliance Capital Builder Fund- Series A” with maturity period of 3 years from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 31. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against S&P BSE 200 Index. Sailesh Raj Bhan and Jahnvee Shah will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide capital appreciation will be met by investing in a portfolio of diversified equity and equity related instruments and debt & money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in diversified equity and equity related instruments and 0 to 20 per cent of asset in debt & money market instruments.

Axis MF launches “Axis Fixed Term Plan - Series 69 (3 years)”; NFO to close on July 23 17/07/2014

Axis MF launches “Axis Fixed Term Plan - Series 69 (3 years)”; NFO to close on July 23
17/07/2014 10:49
Axis Mutual Fund has launched a new close ended debt scheme named “Axis Fixed Term Plan - Series 69 (3 years)” with maturity period of 3 years from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 16 and will close on July 23. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Dividend and Half Yearly Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Kedar Karnik will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments and 0 to 30 per cent of asset in money market instruments.

ICICI Prudential MF launches “ICICI Prudential Capital Protection Oriented Fund-Series VI-1100 Days-Plan E”; NFO 17/07/2014

ICICI Prudential MF launches “ICICI Prudential Capital Protection Oriented Fund-Series VI-1100 Days-Plan E”; NFO
17/07/2014 10:48
ICICI Prudential Mutual Fund has launched a new close ended capital protection oriented fund scheme named “ICICI Prudential Capital Protection Oriented Fund-Series VI-1100 Days-Plan E” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 16 and will close on July 30. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Vinay Sharma, Rahul Goswami, Aditya Pagaria and Ashwin Jain will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to protect capital will be met by investing in a portfolio of debt securities & money market instruments and equity & equity related securities. Hence, the scheme will allocate 75 to 100 per cent of asset in debt securities & money market instruments and 0 to 25 per cent of asset in equity & equity related securities.

SBI MF declares dividend under “SBI Magnum Balanced Fund - Direct Plan” 16/07/2014

SBI MF declares dividend under “SBI Magnum Balanced Fund - Direct Plan”
16/07/2014 11:07
SBI Mutual Fund has announced 7.7500 per cent dividend under dividend payout option of scheme named as “SBI Magnum Balanced Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 18. The latest NAV of the scheme is Rs 34.86. The investment objective of the equity-balanced fund scheme is to provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. R Srinivasan is the fund manager of the scheme.

Birla Sun Life MF launches “Birla Sun Life Fixed Term Plan - Series LS (730 days)”; NFO to close on July 21 16/07/2014

Birla Sun Life MF launches “Birla Sun Life Fixed Term Plan - Series LS (730 days)”; NFO to close on July 21
16/07/2014 10:45
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LS (730 days)” with maturity period of 730 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 14 and will close on July 21. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Kaustubh Gupta will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities (excluding money market instruments), money market instruments and government securities. Hence, the scheme will allocate 70 to 100 per cent of asset in debt securities (excluding money market instruments), 0 to 30 per cent of asset in money market instruments and 0 to 30 per cent of asset in government securities.

ICICI Prudential MF declares dividend under “ICICI Prudential Value Fund - Series 1 - Direct Plan” 15/07/2014

ICICI Prudential MF declares dividend under “ICICI Prudential Value Fund - Series 1 - Direct Plan”
15/07/2014 10:55
ICICI Prudential Mutual Fund has announced 8.5000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 1 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 18. The latest NAV of the scheme is Rs 13.96. The investment objective of the equity-diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis. The performance of the scheme is benchmarked against S&P BSE 500. Sankaran Naren is the fund manager of the scheme.

Tata MF declares dividend under “Tata Money Market Fund Plan A” 15/07/2014

Tata MF declares dividend under “Tata Money Market Fund Plan A”
15/07/2014 10:50
Tata Mutual Fund has announced 0.0183 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund Plan A” on the face value of Rs 1000 per unit. The record date for the dividend was July 13. The latest NAV of the scheme is Rs 1,001.52. The investment objective of the liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Reliance MF launches “Reliance Dual Advantage Fixed Tenure Fund VI- Plan A”; NFO to close on July 28 15/07/2014

Reliance MF launches “Reliance Dual Advantage Fixed Tenure Fund VI- Plan A”; NFO to close on July 28
15/07/2014 10:45
Reliance Mutual Fund has launched a new close ended hybrid scheme named “Reliance Dual Advantage Fixed Tenure Fund VI- Plan A” with maturity period of 1101 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 28. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Fund Index. Krishan Daga and Anju Chajjer will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and reduce interest rate volatility will be met by investing in a portfolio of debt securities, money market instruments and equity & equity related instruments (including options premium). Hence, the scheme will allocate 65 to 95 per cent of asset in debt securities, 0 to 30 per cent of asset in money market instruments and 5 to 20 per cent of asset in equity & equity related instruments (including options premium).

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-367 Days Plan C”; NFO to close on Ju 15/07/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-367 Days Plan C”; NFO to close on Ju
15/07/2014 10:38
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-367 Days Plan C” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 21. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and debt instruments including securitized debt. Hence, the scheme will allocate 60 to 100 per cent of asset in money market instruments and 0 to 40 per cent of asset in debt instruments including securitized debt

Tata MF launches “Tata Fixed Maturity Plan Series 47- Scheme O (370 days)”; NFO to close on July 23 14/07/2014

Tata MF launches “Tata Fixed Maturity Plan Series 47- Scheme O (370 days)”; NFO to close on July 23
14/07/2014 10:37
Tata Mutual Fund has launched a new close ended debt scheme named “Tata Fixed Maturity Plan Series 47- Scheme O (370 days)” with maturity period of 370 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 23. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Somani will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income and/or capital appreciation will be met by investing in a portfolio of debt & money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt & money market instruments.

ICICI Prudential MF launches “ICICI Prudential Growth Fund - Series 2”; NFO to close on July 28 14/07/2014

ICICI Prudential MF launches “ICICI Prudential Growth Fund - Series 2”; NFO to close on July 28
14/07/2014 10:27
ICICI Prudential Mutual Fund has launched a new close ended equity scheme named “ICICI Prudential Growth Fund - Series 2” with maturity period of 1286 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 28. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme is Dividend Payout option. The performance of the scheme will be benchmarked against CNX Nifty Index. Yogesh Bhatt, Vinay Sharma and Ashwin Jain will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide capital appreciation will be met by investing in a portfolio of equity & equity related instruments and debt, money market instruments & cash. Hence, the scheme will allocate 80 to 100 per cent of asset in equity & equity related instruments and 0 to 20 per cent of asset in debt, money market instruments & cash.

Sundaram MF launches “Sundaram Fixed Term Plan -GH (2 years)”; NFO to close on July 16 11/07/2014

Sundaram MF launches “Sundaram Fixed Term Plan -GH (2 years)”; NFO to close on July 16
11/07/2014 11:06
Sundaram Mutual Fund has launched a new close ended income scheme named “Sundaram Fixed Term Plan -GH (2 years)” with maturity period of 2 years from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 16. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Sandeep Agarwal will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and short-term and medium-term debt instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in short-term and medium-term debt instruments.

SBI MF launches “SBI Debt Fund Series A – 38 (369 Days)”; NFO to close on July 16 11/07/2014

SBI MF launches “SBI Debt Fund Series A – 38 (369 Days)”; NFO to close on July 16
11/07/2014 10:56
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series A – 38 (369 Days)” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 16. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Liquid Fund Index. Rajeev Radhakrishnan will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide regular returns and capital growth with limited interest rate risk will be met by investing in a portfolio of debt and money market securities. Hence, the scheme will allocate up to 100 per cent of asset in debt and money market securities.

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan B (367 Days)”; NFO to close 11/07/2014

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan B (367 Days)”; NFO to close
11/07/2014 10:50
Religare Invesco Mutual Fund has launched a new close ended debt scheme named “Religare Invesco Fixed Maturity Plan - Series 24 - Plan B (367 Days)” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 14. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Nitish Sikand will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments including money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments including money market instruments.

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-368 Days Plan B”; NFO to close on Ju 11/07/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-368 Days Plan B”; NFO to close on Ju
11/07/2014 10:40
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-368 Days Plan B” with maturity period of 368 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 17. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and debt instruments including securitized debt. Hence, the scheme will allocate 60 to 100 per cent of asset in money market instruments and 0 to 40 per cent of asset in debt instruments including securitized debt

Tata MF declares dividend under “Tata Equity P/E Fund” 10/07/2014

Tata MF declares dividend under “Tata Equity P/E Fund”
10/07/2014 10:55
Tata Mutual Fund has announced 9.5000 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund” on the face value of Rs 10 per unit. The record date for the dividend is July 11. The latest NAV of the scheme is Rs 40.23. The investment objective of the equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index. Atul Bhole is the fund manager of the scheme.

SBI MF launches “SBI Debt Fund Series A – 37 (367 Days)”; NFO to close on July 15 10/07/2014

SBI MF launches “SBI Debt Fund Series A – 37 (367 Days)”; NFO to close on July 15
10/07/2014 10:49
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series A – 37 (367 Days)” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 15. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Liquid Fund Index. Rajeev Radhakrishnan will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide regular returns and capital growth with limited interest rate risk will be met by investing in a portfolio of debt and money market securities. Hence, the scheme will allocate up to 100 per cent of asset in debt and money market securities.

Reliance MF launches “Reliance Fixed Horizon Fund- XXVI- Series 34”; NFO to close on July 14 10/07/2014

Reliance MF launches “Reliance Fixed Horizon Fund- XXVI- Series 34”; NFO to close on July 14
10/07/2014 10:43
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVI- Series 34” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 14. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments, government securities & debt instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in money market instruments, government securities & debt instruments.

DSP BlackRock MF launches “DSP BlackRock FMP - Series 170 - 12M”; NFO to close on July 10 10/07/2014

DSP BlackRock MF launches “DSP BlackRock FMP - Series 170 - 12M”; NFO to close on July 10 10/07/2014 10:36
DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock FMP - Series 170 - 12M” with maturity period of 365 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and it will also close today. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Dhawal Dalal will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and seek capital appreciation will be met by investing in a portfolio of debt & money market securities. Hence, the scheme will allocate 100 per cent of asset in debt & money market securities.

Tata MF declares dividend under “Tata Equity P/E Fund - Trigger Option A - 5%” 09/07/2014

Tata MF declares dividend under “Tata Equity P/E Fund - Trigger Option A - 5%”
09/07/2014 10:59
Tata Mutual Fund has announced 4.0000 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A – 5 per cent” on the face value of Rs 10 per unit. The record date for the dividend is July 11. The latest NAV of the scheme is Rs 40.05. The investment objective of the equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index. Atul Bhole is the fund manager of the scheme.

Sundaram MF declares dividend under “Sundaram Equity Plus” 09/07/2014

Sundaram MF declares dividend under “Sundaram Equity Plus”
09/07/2014 10:56
Sundaram Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as “Sundaram Equity Plus” on the face value of Rs 10 per unit. The record date for the dividend is July 11. The latest NAV of the scheme is Rs 12.62. The investment objective of the equity diversified scheme is to seek capital appreciation by investing in equity and equity-related instruments listed in India to the extent of at least 65 per cent and in gold-ETF up to 35 per cent. The performance of the scheme is benchmarked against NSE Index. Srividhya Rajesh is the fund manager of the scheme.

LIC Nomura MF launches “LIC Nomura MF Fixed Maturity Plan Series 87 (371 Days)”; NFO to close on July 16 09/07/2014

LIC Nomura MF launches “LIC Nomura MF Fixed Maturity Plan Series 87 (371 Days)”; NFO to close on July 16
09/07/2014 10:45
LIC Nomura Mutual Fund has launched a new close ended income scheme named “LIC NOMURA MF Fixed Maturity Plan Series 87 (371 Days)” with maturity period of 371 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 16. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Killol Pandya will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to minimize interest rate risk will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 0 to 20 per cent of asset in debt instruments and 80 to 100 per cent of asset in money market instruments.

HDFC MF launches “HDFC FMP 371D July 2014 (1)”; NFO to close on July 14 09/07/2014

HDFC MF launches “HDFC FMP 371D July 2014 (1)”; NFO to close on July 14
09/07/2014 10:34
HDFC Mutual Fund has launched a new close ended income scheme named “HDFC FMP 371D July 2014 (1)” with maturity period of 371 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 14. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Dividend and Flexi option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Shobhit Mehrotra and Rakesh Vyas will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments, money market instruments and government securities. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments, money market instruments and government securities.

Deutsche MF launches “DWS Fixed Maturity Plan – Series 74 (2 years)”; NFO to close on July 18 09/07/2014

Deutsche MF launches “DWS Fixed Maturity Plan – Series 74 (2 years)”; NFO to close on July 18
09/07/2014 10:28
Deutsche Mutual Fund has launched a new close ended debt fund scheme named “DWS Fixed Maturity Plan – Series 74 (2 years)” with maturity period of 2 years from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 18. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rakesh Suri will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of domestic debt instruments including government securities excluding money market instrument and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in domestic debt instruments including government securities excluding money market instrument and 0 to 30 per cent of asset in money market instruments.

Sundaram MF declares dividend under “Sundaram Equity Plus - Direct Plan” 08/07/2014

Sundaram MF declares dividend under “Sundaram Equity Plus - Direct Plan”
08/07/2014 11:21
Sundaram Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as “Sundaram Equity Plus - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 11. The latest NAV of the scheme is Rs 12.92. The investment objective of the equity diversified scheme is to seek capital appreciation by investing in equity and equity-related instruments listed in India to the extent of at least 65 per cent and in gold-ETF up to 35 per cent. The performance of the scheme is benchmarked against NSE Index. Srividhya Rajesh is the fund manager of the scheme.

Tata MF declares dividend under “Tata Equity P/E Fund - Direct Plan” 08/07/2014

Tata MF declares dividend under “Tata Equity P/E Fund - Direct Plan”
08/07/2014 11:17
Tata Mutual Fund has announced 9.5000 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 11. The latest NAV of the scheme is Rs 42.98. The investment objective of the equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Atul Bhole is the fund manager of the scheme.

Tata MF declares dividend under “Tata Equity P/E Fund - Trigger Option A - 5% - Direct Plan” 08/07/2014

Tata MF declares dividend under “Tata Equity P/E Fund - Trigger Option A - 5% - Direct Plan”
08/07/2014 11:15
Tata Mutual Fund has announced 4.0000 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A – 5 per cent - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 11. The latest NAV of the scheme is Rs 42.12. The investment objective of the equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Atul Bhole is the fund manager of the scheme.

Tata MF declares dividend under “Tata Money Market Fund Plan A” 08/07/2014

Tata MF declares dividend under “Tata Money Market Fund Plan A”
08/07/2014 11:10
Tata Mutual Fund has announced 0.0183 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund Plan A” on the face value of Rs 1000 per unit. The record date for the dividend was July 06. The investment objective of the liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

UTI MF launches “UTI Capital Protection Oriented Scheme - Series IV - I (1103 Days)”; NFO to close on July 21 08/07/2014

UTI MF launches “UTI Capital Protection Oriented Scheme - Series IV - I (1103 Days)”; NFO to close on July 21
08/07/2014 11:05
UTI Mutual Fund has launched a new close ended capital protection oriented income fund scheme named “UTI Capital Protection Oriented Scheme - Series IV - I (1103 Days)” with maturity period of 1103 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 07 and will close on July 21. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Sunil Patil will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to protect capital will be met by investing in a portfolio of debt & money market instruments and equity & equity related instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt & money market instruments and 0 to 30 per cent of asset in equity & equity related instruments

Tata MF launches “Tata Fixed Maturity Plan Series 48- Scheme E (366 days)”; NFO to close on July 14 07/07/2014

Tata MF launches “Tata Fixed Maturity Plan Series 48- Scheme E (366 days)”; NFO to close on July 14
07/07/2014 11:14
Tata Mutual Fund has launched a new close ended debt scheme named “Tata Fixed Maturity Plan Series 48- Scheme E (366 days)” with maturity period of 366 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 14. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Somani will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income and/or capital appreciation will be met by investing in a portfolio of debt & money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt & money market instruments.

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-368 Days Plan A”; NFO to close on Ju 07/07/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-368 Days Plan A”; NFO to close on Ju
07/07/2014 10:58
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-368 Days Plan A” with maturity period of 368 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 10. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and debt instruments including securitized debt. Hence, the scheme will allocate 60 to 100 per cent of asset in money market instruments and 0 to 40 per cent of asset in debt instruments including securitized debt.

Birla Sun Life MF launches “Birla Sun Life Fixed Term Plan - Series LR (368 days)”; NFO to close on July 10 07/07/2014

Birla Sun Life MF launches “Birla Sun Life Fixed Term Plan - Series LR (368 days)”; NFO to close on July 10
07/07/2014 10:51
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LR (368 days)” with maturity period of 368 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 10. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Kaustubh Gupta will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities & money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt securities & money market instruments.

UTI MF launches “UTI-Fixed Term Income Fund – Series XIX – XI (366 days)”; NFO to close on July 07 04/07/2014

UTI MF launches “UTI-Fixed Term Income Fund – Series XIX – XI (366 days)”; NFO to close on July 07
04/07/2014 11:14
UTI Mutual Fund has launched a new close ended income scheme named “UTI-Fixed Term Income Fund – Series XIX – XI (366 days)” with maturity period of 366 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on July 02 and will close on July 07. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Quarterly Dividend, Flexi Dividend, Annual Dividend and Maturity Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Manish Joshi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate up to 100 per cent of asset in debt instruments and money market instruments.

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan A (735 Days)”; NFO to close 04/07/2014

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan A (735 Days)”; NFO to close
04/07/2014 10:44
Religare Invesco Mutual Fund has launched a new close ended debt scheme named “Religare Invesco Fixed Maturity Plan - Series 24 - Plan A (735 Days)” with maturity period of 735 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 10. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Nitish Sikand will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments and 0 to 30 per cent of asset in money market instruments.

SBI MF launches “SBI Debt Fund Series A – 36 (36 Months)”; NFO to close on July 09 03/07/2014

SBI MF launches “SBI Debt Fund Series A – 36 (36 Months)”; NFO to close on July 09
03/07/2014 10:45
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series A – 36 (36 Months)” with maturity period of 36 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 09. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Rajeev Radhakrishnan will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide regular returns and capital growth with limited interest rate risk will be met by investing in a portfolio of debt instruments and money market securities. Hence, the scheme will allocate 60 to 100 per cent of asset in debt instruments and 0 to 40 per cent of asset in money market securities.

Reliance MF launches “Reliance Fixed Horizon Fund- XXVI- Series 33”; NFO to close on July 07 03/07/2014

Reliance MF launches “Reliance Fixed Horizon Fund- XXVI- Series 33”; NFO to close on July 07
03/07/2014 10:37
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVI- Series 33” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 07. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments, government securities & debt instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in money market instruments, government securities & debt instruments.

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 74-367 Days Plan Z”; NFO to close on Ju 03/07/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 74-367 Days Plan Z”; NFO to close on Ju
03/07/2014 10:29
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 74-367 Days Plan Z” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on July 07. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of money market instruments and debt instrument including securitized debt. Hence, the scheme will allocate 60 to 100 per cent of asset in money market instruments and 0 to 40 per cent of asset in debt instrument including securitized debt.

Mutual Fund industry AUM rises by Rs 80,000 cr in Apr-Jun qtr 02/07/2014

Mutual Fund industry AUM rises by Rs 80,000 cr in Apr-Jun qtr
02/07/2014 15:55
Improved market sentiments helped mutual funds' assets under management (AUM) soar by Rs 80,000 crore or nine per cent to Rs 9.85 lakh crore in the first quarter of the current fiscal, reported PTI. The country's 44 fund houses together had an average AUM of Rs 9.85 lakh crore during April-June quarter of 2014-15, up from Rs 9.05 lakh crore in the preceding three months, according to the latest data available with Association of Mutual Funds in India (AMFI), as per the media reports. However, AUM had touched a record Rs 10.11 lakh crore at the end of May, as per the reports in the media. Industry experts said the quarterly rise in AUM is largely on account of gains in equity markets. Besides, retail participation in equity schemes has increased significantly during the recent months. According to media reports, during the quarter, BSE mid-cap grew by an impressive 32 per cent, while BSE 100 accelerated by 15 per cent and benchmark Sensex moved up by over 13 per cent.

HDFC MF launches “HDFC FMP 370D June 2014 (1)”; NFO to close on July 08 02/07/2014

HDFC MF launches “HDFC FMP 370D June 2014 (1)”; NFO to close on July 08
02/07/2014 11:32
HDFC Mutual Fund has launched a new close ended income scheme named “HDFC FMP 370D June 2014 (1)” with maturity period of 370 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on June 26 and will close on July 08. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth, Dividend and Flexi option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Shobhit Mehrotra and Rakesh Vyas will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments, money market instruments and government securities. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments, money market instruments and government securities.