New Fund Offer

Edelweiss Mutual Fund raises Rs 1,800 crore via new fund offer

The new open-ended equity scheme was open for subscription between July 9 and July 23 of this year, the company statement said, adding that the NFO was closed with more than 90,000 applications.

Fund Funda: Why Nippon India MF’s Shailesh Raj Bhan is bullish on innovative firms

The Nippon India Innovation Fund will invest in innovative firms after its NFO ends. It’s a high-risk, high-return play meant for savvy investors who can withstand volatility. While the fund house’s resurgence might instill some confidence, it may be prudent to be patient.

HDFC MF launches Capital Protection Fund - Series I - 36M

HDFC Mutual Fund has launched HDFC Capital Protection Oriented Fund- Series I – 36M August 2013, a close ended capital protection oriented scheme with the duration of 36 months from the date of allotment.

Should you invest in fixed maturity plans now?

The measures taken by RBI to tighten liquidity in banking system, short-term rates increased sharply and to encash on that AMCs have launched fixed maturity plans, which is good for investors, personal finance expert, Pankaj Mathpal, Optima Money Managers said.

Sebi looking at relief to RGESS investors as NFOs fail

Market regulator Sebi is looking at how interest of RGESS investors can be safeguarded with regard to I-T relief even if fund houses return their money for failing to raise the targetted amount.

When should you invest in mutual fund NFOs?

NFO is often confused with IPO of a share where investors invest presuming they are buying cheap. The fund houses also do a great marketing job to sell their NFOs. Hence before investing, it is important to check if the NFO offered is offering some thing new or if something similar already exists with the Fund house.

SBI MF launches close ended fund - SBI Debt Fund Sr 366D-12

SBI Mutual Fund has announced to launch a close ended debt scheme - SBI Debt Fund Series 366D-12 which will be open for subscription from August 17, 2012 to August 21, 2012.

Peerless MF launches Peerless Flexible Income Fund

Peerless Mutual Fund has announced to launch an open ended debt scheme - Peerless Flexible Income Fund with an investment objective to generate reasonable returns commensurate with the risk taken by active duration management of the portfolio.

IDBI Mutual Fund expects to collect Rs 100cr from Gold Fund

IDBI Mutual Fund today said it expects to garner about Rs 100 crore from its recently launched Gold Fund.

FMPs continue to garner major share in NFOs

As many as 153 FMPs were launched in the month, garnering Rs 363 billion compared with four other NFOs launched, which garnered around Rs 1 billion.

SBI MF launches SBI Debt Fund Series - 90 Days - 55

SBI Mutual Fund has launched SBI Debt Fund Series – 90 Days - 55, a close ended debt scheme with the duration of 90 days. The New Fund Offer (NFO) opens and closes for subscription on January 31, 2012.