Mutual Fund News

NFO: Birla Sun Life CPOF Series 20

Birla Sun Life Mutual Fund has launched a new fund (NFO) from April 11, 2014 in the name as Birla Sun Life Capital Protection Oriented Fund – Series 20.  To seek capital protection by investing in fixed income securities maturing on or before the tenure of the scheme and seeking capital appreciation by investing in […]

NFO: Religare Invesco Global Equity Income Fund

Religare Invesco Mutual Fund has launched a new fund (NFO) from April 15, 2014 in the name as Religare Invesco Global Equity Income Fund. The fund manager plans to provide capital appreciation and/or income by investing predominantly in units of Invesco Global Equity Income Fund, an overseas equity fund which invests primarily in equities of […]

NFO: DWS Hybrid Fixed Term Fund Series 21

Deutsche Mutual Fund has launched a new fund (NFO) from April 16, 2014 in the name as DWS Hybrid Fixed Term Fund – Series 21. The objective of the scheme is generating income by investing in fixed income securities maturing on or before the date of the maturity of the Scheme and to generate capital […]

Corporate Fixed Deposits

NCD: Shriram City Union Finance Limited (April 2014)

Shriram City Union Finance Limited (SCUF) is launching a Non Convertible Debenture (NCD) for generating funds for value of Rs 100.00 crore with an option for issuance of additional NCDs up to Rs. 100.00 crore, aggregating to Rs.200 crores.  The issue is on ‘First-come-First-served’ basis, and thus early closurer possiblity exists. from April 16, 2014. […]

IIFL Home Bonds (March 2014)

IIHFL (India Infoline Housing Finance Ltd.) is launching IIFL Home Bonds by Public issue of Un-Secured Subordinate Redeemable NCDs from March 12, 2014, aggregating up to Rs 100 crore with an option to retain over-subscription up to Rs 100 crore aggregating to a total of Rs 200 crore. Details: Issue Period: March 12th, 2014 Issue […]

Muthoot NCD (March 2014)

Muthoot Finance Ltd. is coming out with Secured NCDs and Unsecured NCDs from November 18, 2013. Issue of NCDs aggregating upto Rs.100 Crores with an option to retain over-subscription upto Rs.100 Crores, total aggregating to a total of upto Rs.200 Crore. The Objective of the Issue is raising the funds through, after meeting the expenditures […]

IPO News

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 […]

JustDial IPO Review and Analysis

As you might be aware that Just Dial Limited is coming out with IPO from 20-May-13 to 22-May-13, this post will help you decide whether you should  invest in it or not. We’ll highlight the good things and bad things about the company. Also, we’ll consolidate the recommendations given by various brokers in the public […]

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 DAFT Fund V Plan G

| April 10, 2014 | 0 Comments

Reliance Mutual Fund has launched a new fund (NFO) from April 07, 2014 in the name Reliance Dual Advantage Fixed Tenure Fund V- Plan G, for 1091 Days (3 Years) plan.  The fund manager seeks generating returns and reduces interest rate volatility,   through a portfolio of fixed income securities that are maturing on or before […]

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NFO: Motilal Oswal Focused Multicap 35 Fund

| April 10, 2014 | 0 Comments

Motilal Oswal Mutual Fund has launching a new fund (NFO) from  April 07, 2014 in the name Motilal Oswal MOSt Focused Multicap 35 Fund (MOSt Focused Multicap 35). The investment objective of the Scheme is achieving long term capital appreciation by primarily investing in a maximum of 35 Equity & Equity Related Instruments* (65% – […]

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NFO: Franklin India Banking & PSU Debt Fund

| April 3, 2014 | 0 Comments

Franklin Mutual Fund has launched  a new fund (NFO) from April 02, 2014 in the Franklin India Banking & PSU Debt Fund.  The fund seeks for providing regular income through a portfolio of Debt and Money Market Instruments issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs)  with investment from 80% – 100%, […]

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