The Lotus India AGILE Fund is India’s first ever Quant-based fund. This means that the stocks selected by the fund would be solely on the basis of a mathematical model.
The primary objective of this fund is to generate capital appreciation by investing in a passive portfolio of stocks selected from the industry leaders. The portfolio […]

Reliance Mutual Fund has launched a Gold Exchange Traded Fund - Reliance Gold Exchange Traded Fund. This open-ended fund will track domestic prices of gold through investments in physical gold. The fund will be initially available for subscription from October 15, 2007 to November 1, 2007.
The fund aims to provide returns that closely correspond to […]

UTI Mutual Fund (UTI MF) has entered into a tie-up with Standard Chartered Bank for accepting its New Fund Offer (NFO) applications in Dubai.
For the first time Non-Resident Individuals in Dubai can invest in UTI MF NFO’s  using Dirham cheques through Standard Chartered Bank, UAE.
On the occasion Mr. Jaideep Bhattacharya, Chief Marketing Officer, UTI AMC […]

UTI Mutual Fund intends to sell 20 percent of its equity through private placements ahead of its planned initial public offering, the Economic Times reported on Monday, quoting the asset management company’s chairman, U.K. Sinha. No single investor would be offered more than 5 percent, Sinha told the newspaper.
“We plan to offload 20 percent through […]

ICICI Mutual Fund will launch ICICI Prudential Retirement Fund Series, an open ended asset allocation fund and has filed the offer document with the SEBI.
The units of the scheme will be available for Rs 10 per unit.
The objective of the scheme is to seek a proper mix of stability and growth by changing the asset […]

ING Mutual Fund (MF) will launch OptiMix Emerging Markets Fund, an open ended fund of funds scheme and has filed the offer document with SEBI. The units will be available for Rs 10 per unit.
The objective of the scheme is to generate returns by investing in units of mutual funds and exchange traded funds having […]

LIC Mutual Fund declared a dividend of 15%, under the dividend option of LIC MF Tax Plan.
The fund house fixed Oct. 30, 2007, as the record date for the payment of dividend of Rs 1.50. Pursuant to payment of which, the NAV will fall to the extent of dividend payout and statutory levy, if applicable.
All […]

LIC Mutual Fund declared a dividend of 15%, under the dividend option of LIC MF Growth Fund.
The fund house fixed Oct. 30, 2007, as the record date for the payment of dividend of Rs 1.50. Pursuant to payment of which, the NAV will fall to the extent of dividend payout and statutory levy, if applicable.
All […]