Mutual Fund News

NFO: SBI DEBT FUND SERIES A – 38 (1100 Days)

SBI Mutual Fund is launching a new fund (NFO) from July 28, 2014 in the name as SBI Debt Fund Series A – 38 (1100 Days), a Close-ended Debt Scheme. The fund endeavors providing regular returns and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of Debt […]

NFO: Axis Enhanced Arbitrage Fund

Axis Mutual Fund is launching a new fund (NFO) from July 25, 2014 in the name as Axis Enhanced Arbitrage Fund, (An open ended arbitrage fund). To generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities […]

NFO: UTI FTIF Series XIX – XV (1101 Days)

UTI Mutual Fund is launching a new fund (NFO) from July 23, 2014 in the name as UTI FTIF Series XIX – XV (1101 Days), a Close-ended Income Scheme. The scheme aims to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme. […]

Corporate Fixed Deposits

Muthoot Fincorp Ltd NCD (July 2014)

Muthoot Fincorp Limited, a finance company has launched a Public Issue of Secured Redeemable Non-convertible Debentures for issue size of up to Rs. 100 Crore With An Option To Retain Over Subscription Up To Rs. 100 Crore, Aggregating To Rs. 200 Crore (The “Issue”). The issue coupon rates are upto 12% p.a. and on ‘First-come, […]

NCD: Shriram Transport Finance Company (STFC) (July 2014)

Shriram Transport Finance Company (STFC), established in 1979, registered deposit-taking NBFC with the RBI since September 4, 2000, is launching Shriram Transport Finance Company Ltd,  Secured Redeemable Nonconvertible Debentures Tranche-I series, the issue is scheduled to open from 2nd July 2014. STFC will collect Rs.500 Crore, with an option to retain oversubscription of Rs.2500 Crore, […]

ECL Finance Limited (June-2014)

Public Issue by ECL Finance Limited of Unsecured Redeemable Non?Convertible Debentures (NCDs) of the face value of Rs. 1,000 each,aggregating upto Rs. 200 Crore, with an option to retain over subscription upto Rs. 200 Crore aggregating to a total of upto Rs. 400 Crore in the nature of Subordinated Debt and will be eligible for […]

IPO News

IPO: Wonderla Holidays Limited

Wonderla Holidays Limited  is coming out with initial public offer (IPO) from April 21, 2014. Wonderla Holidays Limited is one of the largest operators of amusement parks in India. The company  currently own and operate 2 amusement parks under the brand name ‘Wonderla’, situated at Kochi and Bangalore and is in the process of setting […]

FPO: Engineers India Ltd (2014)

Engineers India Limited is once again coming with FPO. Last time it came with FPO in 2010 with the price band of  Rs. 270-290 per share. However, this time, as the current price is hovering around Rs. 150/share, the FPO price band is Rs. 145-150 per share. Retail investors and the company’s employees will be […]

FPO: Power Grid Corporation of India (PGCIL)

Power Grid Corporation of India Limited (PGCIL), a government owned, public sector enterprise, is issuing Follow on Public Offer (FPO) from December 03, 2013. Retail investor will be given 5% discount from the price fixed. Power Grid Corp. of India Ltd. is a electric power transmission company in India. It has a large network of […]

Tax Saving Schemes

HDFC Tax Saver Dividend 2014

HDFC Mutual Fund is consistent with its dividend policy and hence, as its ritual, it has dividend of Rs. 6.00 per unit on HDFc Tax Saver fund. The record date is Thursday, 13-March-2014. The dividend will be distributed to investors of HDFC Tax saver dividend – payout option. Fresh investment till 1st March will be […]

NFO: SBI Tax Advantage Fund–Series III (ELSS)

SBI Mutual Fund has launched a new fund (NFO) from Dec 28, 2013 in the name as SBI Tax Advantage Fund – Series III. A 10 Year Close-Ended Equity Linked Saving Scheme. The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and […]

All About Rajiv Gandhi Equity Savings Scheme (RGESS)

Effective 1 April 2013, investors with a gross total income of up to Rs.10 lakh can invest in RGESS, Investors can park funds in MFs and listed shares and extended tax benefits to three successive years. Following details as given by www.ICICIpruAMC.com will help you in understanding the product better. Who can invest in RGESS? […]

Other Recent Posts

NFO: Reliance FHF XXVII Ser 2 (1098 Days)

| July 18, 2014 | 0 Comments

Reliance Mutual Fund is launching a new fund (NFO) from July 30, 2014 in the name as Reliance Fixed Horizon Fund – XXVII – Series 2 (1098 Days), a Close Ended Income Scheme. The primary investment objective of the scheme is seeking  to generate returns and growth of capital by investing in a diversified portfolio […]

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NFO: Birla Sun Life CPOF Ser 22 (1100 days)

| July 18, 2014 | 0 Comments

Birla Sun Life Mutual Fund is launching a new fund (NFO) from July 25, 2014 in the name as Birla Sun Life Capital Protection Oriented Fund – Series 22, (1100 days) a Close ended Capital Protection Oriented Scheme. To seek capital protection by investing in fixed income securities maturing on or before the tenure of […]

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NFO: Birla Sun Life Emerging Leaders Fund Series 4

| July 18, 2014 | 0 Comments

Birla Sun Life Mutual Fund is launching a new fund (NFO) from July 18, 2014 in the name as Birla Sun Life Emerging Leaders Fund – Series 4, (3 Years),  a close ended Equity Scheme. The objective of the Scheme is mainly to generate long-term capital appreciation by investing mainly in Equity and Equity related […]

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