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ICICI Prudential All Seasons Bond Fund Announces IDCW
16-Oct-2021 ( 12:04 )
ICICI Prudential Mutual Fund has announced 25 January 2021 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular & direct plan - quarterly IDCW option of ICICI Prudential All Seasons Bond Fund. The amount of IDCW (Rs. per unit) will be:

Regular Plan - Quarterly IDCW: 0.1677

Direct Plan - Quarterly IDCW: 0.1927

HDFC Arbitrage Fund Announces IDCW
16-Oct-2021 ( 11:56 )
HDFC Mutual Fund has announced 21 October 2021 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan IDCW & monthly IDCW option and direct plan IDCW & monthly IDCW option of HDFC Arbitrage Fund. The amount of distribution (Rs per unit) will be:

HDFC Arbitrage Fund - Wholesale Plan - Regular Plan - Normal IDCW Option (Payout & Reinvestment):0.04

HDFC Arbitrage Fund - Wholesale Plan - Direct Plan - IDCW Option (Payout & Reinvestment): 0.04

HDFC Arbitrage Fund - Wholesale Plan - Regular Plan - Monthly IDCW Option (Payout & Reinvestment):0.04

HDFC Arbitrage Fund - Wholesale Plan - Direct Plan - Monthly IDCW Option (Payout & Reinvestment): 0.04

LIC MF Equity Hybrid Fund Announces Income Distribution cum Capital Withdrawal (IDCW)
14-Oct-2021 ( 12:34 )
LIC Mutual Fund has announced 18 October 2021 as the record date for declaration of IDCW on the face value of Rs 10 per unit under Regular IDCW Plan & Direct IDCW Plan of LIC MF Equity Hybrid Fund. The rate of IDCW will be Rs 0.10 per unit under each plan / option as on the record date.

Nippon India Mutual Fund Announces Appointment of Key Personnel
14-Oct-2021 ( 13:37 )
Nippon India Mutual Fund has announced that Rishit Bipin Parikh has been appointed as the Research Analyst - Equity of Nippon Life India Asset Management Limited with effective from 02 August 2021.

Details of Rishit Bipin Parikh

Designation: Research Analyst - Equity

Qualification: B.Tech, PGDBM Finance, CFA level II

Kotak Asset Allocator Fund Announces change in scheme name, type, benchmark & fund manager
14-Oct-2021 ( 13:23 )
Kotak Mahindra Mutual Fund has announced change in scheme name, type, benchmark & fund manager of Kotak Asset Allocator Fund, with effect from 15 November 2021. Accordingly, the proposed changes are:

Name: Kotak Multi Asset Allocator Fund of Fund - Dynamic

Type: An open ended fund of fund scheme investing in units of Kotak Mahindra Mutual Fund schemes & ETFs / Index schemes.

Benchmark: 90% Nifty Hybrid Composite Debt 50:50 Index + 5% prince of Physical Gold + 5% MSCI World Index

Fund Managers: Devender Singal, Abhishek Bisen and Arjun Khanna

Mirae Asset Savings Fund Announces Income Distribution cum Capital Withdrawal (IDCW)
14-Oct-2021 ( 12:43 )
Mirae Asset Mutual Fund has announced 18 October 2021 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 1000 per unit under Mirae Asset Savings Fund. The quantum of IDCW (Rs per unit) will be:

Regular Savings Plan - Quarterly IDCW Option: 15.00

Direct Plan - Quarterly IDCW Option: 20.00

BOI AXA Equity Debt Rebalancer Fund Announces change in scheme name & benchmark
14-Oct-2021 ( 12:25 )
BOI AXA Mutual Fund has announced change in scheme name and benchmark of BOI AXA Equity Debt Rebalancer Fund with effect from 18 November 2021. Accordingly, the proposed changes are:

Name: BOI AXA Balanced Advantage Fund

Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index TRI

Principal MF Announces Dividend under two schemes
09-Oct-2021 ( 11:08 )
Principal Mutual Fund has announced 14 October 2021 as the record date for declaration of dividend under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

Principal Balanced Advantage Fund (an open-ended dynamic asset allocation fund):

Regular Plan (Monthly): 0.0571

Direct Plan (Monthly): 0.0659

Principal Hybrid Equity Fund (an open-ended hybrid scheme investing predominantly in equity and equity related instruments):

Regular Plan (Monthly): 0.1626

Direct Plan (Monthly): 0.2344

Franklin Templeton MF Announces Income Distribution cum Capital Withdrawal (IDCW) under two schemes
09-Oct-2021 ( 11:28 )
Franklin Templeton Mutual Fund has announced 14 October 2021 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Franklin India Opportunities Fund - IDCW Plan & Direct IDCW Plan: 2.25

Franklin India Technology Fund - IDCW Plan & Direct IDCW Plan: 4.00

Motilal Oswal Dynamic Fund Announces Income Distribution cum Capital Withdrawal (IDCW)
09-Oct-2021 ( 11:54 )
Motilal Oswal Mutual Fund has announced 14 October 2021 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under quarterly IDCW option of Motilal Oswal Dynamic Fund. The quantum of IDCW (Rs per unit) will be:

Motilal Oswal Dynamic Fund - Direct Plan - Quarterly IDCW Option: 0.40

Motilal Oswal Dynamic Fund - Regular Plan - Quarterly IDCW Option: 0.40

PGIM India Mutual Fund Announces Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
09-Oct-2021 ( 11:44 )
PGIM India Mutual Fund has announced 14 October 2021 as the record date for declaration of IDCW under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

PGIM India Arbitrage Fund:

Regular Plan - Monthly IDCW Option: 0.037

Direct Plan - Monthly IDCW Option: 0.042

PGIM India Hybrid Equity Fund:

Regular Plan - Monthly IDCW Option: 0.130

Direct Plan - Monthly IDCW Option: 0.155

PGIM India Equity Savings Fund:

Regular Plan - Monthly IDCW Option: 0.067

Direct Plan - Monthly IDCW Option: 0.077

PGIM India Large Cap Fund:

Regular Plan - IDCW Option: 0.390

Direct Plan - IDCW Option: 0.590

Nippon India Balanced Advantage Fund Announces Dividend
07-Oct-2021 ( 12:17 )
Nippon India Mutual Fund has announced 12 October 2021 as the record date for declaration of dividend on the face value of Rs 10 per unit under the regular plan - IDCW payout and direct plan - IDCW payout of Nippon India Balanced Advantage Fund. The quantum of dividend will be Rs 0.1500 per unit under each plan / option as on the record date.

Canara Robeco MF Announces change in fund managers under two schemes
06-Oct-2021 ( 12:11 )
Canara Robeco Mutual Fund has announced change in fund managers under the following schemes, with effect from 01 October 2021.

Canara Robeco Value Fund:

Existing Fund Manager: Vishal Mishra

New Fund Managers: Vishal Mishra (Fund Manager) & Silky Jain (Assistant Fund Manager)

Canara Robeco Focused Equity Fund:

Existing Fund Managers: Shridatta Bhandwaldar

New Fund Managers: Shridatta Bhandwaldar (Fund Manager) & Amit Kadam (Assistant Fund Manager)

JM Financial Mutual Fund Announces Resignation of Director
06-Oct-2021 ( 11:44 )
JM Financial Mutual Fund has announced that Nimesh N Kampani has stepped down as the Chairman and Associate Director of JM Financial Trustee Company Private Limited, with effect from 30 September 2021.

BNP Paribas Arbitrage Fund Announces IDCW
06-Oct-2021 ( 11:55 )
BNP Paribas Mutual Fund has announced 11 October 2021 as the record date for declaration of distribution on the face value of Rs 10 per unit under Income Distribution cum Capital Withdrawal (IDCW) option of BNP Paribas Arbitrage Fund. The amount of IDCW (Rs per unit) will be:

Regular Plan - Adhoc IDCW Option: 0.05

Direct Plan - Adhoc IDCW Option: 0.05

Regular Plan - Monthly IDCW Option: 0.05

Direct Plan - Monthly IDCW Option: 0.05

Regular Plan - Quarterly IDCW Option: 0.15

Direct Plan - Quarterly IDCW Option: 0.15

Navi Mutual Fund Announces Appointment of Director
06-Oct-2021 ( 12:25 )
Navi Mutual Fund has announced that Nachiket Mor has been appointed as an Independent Director on the board of Navi AMC Limited, with effect from 01 October 2021.

Taurus Mutual Fund Announces Appointment of Fund Manager and Key Personnel
05-Oct-2021 ( 12:52 )
Taurus Mutual Fund has announced that Prasanna Pathak, presently Head - Equity & Fund Manager has been designated as Acting Chief Executive Officer for Taurus Asset Management Company Limited, with effect from 01 October 2021.

The following schemes will be managed by Prasanna Pathak

Taurus Banking & Financial Services Fund, Taurus Discovery (Midcap) Fund, Taurus Infrastructure Fund & Taurus Ethical Fund

Ankit Tikmany has been appointed as Fund Manager for Taurus Asset Management Company Limited, with effect from 01 October 2021.

The following schemes will be managed by Ankit Tikmany

Taurus Flexi Cap Fund, Taurus Large Cap Equity Fund, Taurus Tax Shield (ELSS) Fund & Taurus Nifty Index Fund

Kotak Mahindra Mutual Fund Announces merger of Kotak FMP Series 245 with Kotak Corporate Bond Fund
04-Oct-2021 ( 12:35 )
Kotak Mahindra Mutual Fund have approved the merger of Kotak FMP Series 245 into Kotak Corporate Bond Fund, with effect from 08 November 2021.

IDBI Mutual Fund Announces Appointment of Key Personnel
04-Oct-2021 ( 13:01 )
IDBI Mutual Fund has announced that Ajit Goswami has been appointed as Head - Product, Marketing, Communication and Sales Promotion of IDBI Asset Management Limited with effective from 01 October 2021.

Details of Ajit Goswami

Age: 41 years

Designation: Head - Product, Marketing, Communication and Sales Promotion

Qualification: M.B.A P.G. Diploma in Foreign Trade and International Finance, NISM (VA), NISM Investment Adviser Level I & II, Advantage Wealth Management from IIBF

Canara Robeco MF Announces change in fund managers under two schemes
01-Oct-2021 ( 11:32 )
Canara Robeco Mutual Fund has announced change in fund managers under the following schemes, with effect from 01 October 2021.

Canara Robeco Consumer Trends Fund:

Existing Fund Manager: Shridatta Bhandwaldar

New Fund Managers: Ennettae Fernandes & Shridatta Bhandwaldar

Canara Robeco Equity Hybrid Fund:

Existing Fund Managers: Shridatta Bhandwaldar (for equity portfolio) & Avnish Jain (for debt portfolio)

New Fund Managers: Ennettae Fernandes & Shridatta Bhandwaldar (for equity portfolio) & Avnish Jain (for debt portfolio)

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