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| Kotak Mahindra AMC launches Sensex ETF |
Kotak Mahindra Asset Management Company launched an exchange traded fund focusing on investing in the stocks that comprise the BSE Sensex. More..
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| Now, investors can opt new online platforms to save 2% entry load |
Fidelity India is the first fund house to launch a special online initiative for the investors to buy and sell MF schemes. More.........
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| ICICI Prudential AMC launches ICICI Prudential Focused Equity Fund |
| ICICI Prudential AMC has launched ICICI Prudential Focused Equity Fund.More... |
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| AIG Investments launches the AIG World Gold Fund |
AIG Investments has launched AIG World Gold Fund, an open ended fund of funds scheme, with an aim to invest in companies engaged in the extracting, processing and marketing of gold through an international fund. More..
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| MFs offer two more NFOs to the investors |
| DSP Merrill Lynch Fund managers launches Natural Resources and New Energy Fund and AIG Investments introduces Short Term Fund for the investors. More.. |
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| Tata Mutual Fund launches growing economies infrastructure fund |
Tata Mutual Fund has launched Tata Growing Economies Infrastructure Fund, an open ended equity scheme, with a two plan option for the investors. More..
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| Bajaj Allianz Life Insurance offers Future Income Generator Plan |
| Bajaj Allianz Life Insurance, a private life insurance company, has launched a new plan Future Income Generator Plan – Future Secure - a unit-linked Deferred Annuity Plan that will give monthly income even after retirement. More.. |
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| MFs offer two new schemes |
| Mirae Asset Global Investment Management has lunched its maiden equity fund - Mirae Asset India Opportunities Fund. The fund is an open-ended diversified equity fund which will open on February 11 to close on March 10. More.... |
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| Fidelity’s unique way of creating investors awareness |
| In a bid to generate investor’s awareness, Fidelity has decided to hold a “Rs.33,990 Tax Advantage Contest” about the ELSS category of funds as a tax-saving tool. The contest requires participants to answer four questions about ELSS after reading the information provided in the entry form and to say why ELSS is a good idea. More.. |
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| ICICI Prudential MF launches two new schemes |
| ICICI Prudential Fixed Maturity Plan Series 33 – Plan A is an equity linked fixed maturity plan. The fund is a close ended debt which aims to provide an opportunity to gain from equity market linked returns. More.. |
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| AIG Investments offers Economic Reform Fund |
AIG Investments launched AIG Infrastructure and Economic Reform Fund, an open-ended equity scheme. The fund will invest in companies that may benefit from potential investments in infrastructure and unfolding economic reforms without having any bias towards any sector or market capitalisation range. More.... |
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| HDFC MF, Lotus India launch new schemes |
HDFC Mutual Fund has launched HDFC Infrastructure Fund. The New Fund Offering (NFO) period for the scheme is between January 08 to February 21.
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| RPL IPO to open on January 15 |
| The issue will open on January 15 and it will close on January 18. The price band has been fixed between Rs 405 and Rs 450 per equity share. A discount of Rs 20 to the issue price determined pursuant to completion of book building process shall be offered to retail individual bidder. More.. |
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| ICICI Prudential Life launches LifeStage Pension Plan |
| ICICI Prudential Life Insurance has launched LifeStage Pension Plan, a unique unit linked retirement plan, on Monday. The new plan has no premium allocation charge for regular premiums, which means 100% of the investors' money is invested in the market. More.. |
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| Birla Sun Life AMC launches Special Situation Fund |
Birla Sun Life AMC launched Special Situations fund. The NFO is a an open-ended diversified equity scheme which will open on December 17, 2007. More..
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| Lotus India AMC launches Quant based ELSS Scheme |
Lotus India AMC has launched Quant based ELSS Scheme - Lotus India AGILE Tax Fund (Alpha Generated from Industry Leaders Fund). The investment objective of this scheme is to generate capital appreciation by investing in a passive portfolio of stocks selected from the industry leaders on the basis of a mathematical model designed by the LIAMC Team. More.... |
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| ING MF offers Global Real Estate Fund |
| ING Investment Management India has launched ING Global Real Estate Fund, an open ended Fund of Funds (FoF), scheme for the Indian investors. The scheme opened on November 20 and will close on December 14 More.. |
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| MFs unveil three new innovative schemes |
| Mutual Fund (MF) industry has unveiled three innovative funds for the retail investors this week. Franklin MF has announced the launch of Asia Equity Fund. Similarly, ICICI Prudential Mutual Fund has designed debt oriented Real Estate Securities Fund. Another fund house, Sundaram BNP Paribas Select Thematic Fund has launched Select Thematic Funds Energy Opportunities. More.. |
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| UTI Mutual Fund launches UTI - Infrastructure Advantage Fund-Series I |
UTI Mutual Fund launched a new scheme, UTI-Infrastructure Advantage Fund-Series I. The new fund offer (NFO) opens on November 12, 2007 and will close on December 19, 2007. Units can be purchased only during the NFO period. More.. |
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| JPMorgan AMC launches ‘Smaller Companies Fund’ |
| JPMorgan Asset Management has launched its second equity fund - the JPMorgan India Smaller Companies Fund. The open-ended, equity growth scheme, aims to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity-related securities focussed on smaller companies. More.. |
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| ICICI Lombard offers ‘Health Advantage Plus’ |
| ICICI Lombard General Insurance, a private sector general insurer, has recently unveiled a health insurance tax saving plan. Health Advantage Plus is the first health insurance product to cover OPD and dental expenses while optimising on tax benefits under section 80D. More.. |
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| Lotus India’s first Agile Fund opens from Oct 25 |
Lotus India AMC has launched India’s first Quant based mutual fund scheme - Lotus India AGILE Fund (Alpha generated from industry leaders fund). More...... |
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| Birla Sun Life Insurance offers Saral Jeevan Plan |
Birla Sun Life Insurance (BSLI) has launched “Saral Jeevan Plan”, a unit-linked life insurance plan, that provides immediate life insurance cover. More...
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| SBI MF offers Capital Protection Oriented Fund |
| SBI Mutual Fund has launched SBI Capital Protection Oriented Fund Series – 1, the first capital protection oriented fund by the fund house. The close-ended fund, with a 5-year maturity period, would be benchmarked to CRISIL MIP Blended Index. More... |
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| ICICIdirect.com launches overseas trading services |
ICICIdirect.com, the online broking arm of ICICI Securities, is the first to launch an overseas trading services which will allow the retail investors to trade in the stocks across all US stock exchanges -- NYSE and NASDAQ. More... |
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| UTI Mutual Fund launches UTI Energy Fund |
| UTI Mutual Fund has launched UTI Energy Fund on October 5. UTI Mutual Fund is widening the investment objective of its existing UTI-GSF-Petro by renaming the fund to UTI Energy Fund. The investment objective of UTI Energy Fund is to cover the entire energy sector to capitalise on the emerging opportunities across the sector. More... |
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| DSP Merrill Lynch’s 1 Year FMP to close on Oct 10 |
| DSP Merrill Lynch Mutual Fund has launched a one-year Fixed Maturity Plan (FMP). The New Fund Offer (NFO) will close on October 10, 2007. The scheme seeks capital appreciation by investing in a portfolio of debt and money market securities. More... |
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| Lotus India Infrastructure Fund opens |
| Lotus India AMC has launched Lotus India Infrastructure Fund, a closed-ended equity scheme with a maturity of three years.
The objective of the scheme is to provide long-term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of infrastructure companies. More... |
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HDFC cuts home loan interest rate
HDFC, a housing finance company, has announced a special home loan scheme for the retail customers. More... |
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Tata Indo-Global Infrastructure Fund to close on Oct 16
The New Fund Offer (NFO), priced at Rs.10 per unit, was opened for the initial subscription on September 3, 2007 and it will close on October 16, 2007. The fund will invest 65% to 85% in equity and equity related instruments of domestic companies, 15% to 35%, in foreign securities. More... |
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Fidelity India growth fund to open from Sep 3
Fidelity Fund Management has launched Fidelity India Growth Fund , an open ended diversified
equity fund, which will invest largely in growth oriented companies in India and globally to deliver long term capital appreciation. More... |
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