Mutual Fund News

NFO: Birla Sun Life Emerging Leaders Fund Ser 1

Birla Sun Life Mutual Fund is launching a new fund (NFO) from April 25, 2014 in the name as Birla Sun Life Emerging Leaders Fund Series 1. The objective of the Scheme is for generating long-term capital appreciation by investing predominantly in Equity and Equity related securities (80% – 100%) with High risk profile.  Out […]

NFO: SBI Dual Advantage Fund Series II

SBI Mutual Fund is launching a new fund (NFO) from April 22, 2014 in the name as SBI Dual Advantage Fund – Series II 36 Months. The primary investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. […]

NFO: L&T Emerging Businesses Fund

L&T Mutual Fund Is launching a new fund (NFO) from April 22, 2014 in the name as L&T Emerging Businesses Fund.  The AMC plans to generate long-term capital appreciation from a diversified portfolio of predominantly Equity and Equity related securities, ( including Indian and foreign equity securities as permitted by SEBI/RBI) (50% – 100%) with […]

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

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: ICICI Pru Value Fund Series 4

| April 21, 2014 | 0 Comments

ICICI Pru Mutual Fund has launching a new fund (NFO) from April 21, 2014 in the name as ICICI Prudential Value Fund Series 4.  The investment objective for the Scheme is providing capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.  The allocation I planned to invest in Equity and […]

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NFO: ICICI Pru MYF Series 6-(Plan D)

| April 21, 2014 | 0 Comments

ICICI Pru Mutual Fund is launching a new fund (NFO) from April 21, 2014 in the name as ICICI Prudential Multiple Yield Fund Series 6-1825 Days- Plan D.  The primary objective for the Scheme is generating income by investing in a portfolio of fixed income securities/ Debt securities (including government securities) (65% – 95%) with […]

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NFO: Axis Hybrid Fund Series 11

| April 21, 2014 | 0 Comments

Axis Mutual Fund Is launching a new fund (NFO) from April 21, 2014 in the name as Axis Hybrid Fund Series 11 (42 months close ended debt scheme).  The AMC plans to generate income by investing in high quality fixed income securities, which is maturing on or before the maturity of the Scheme, whilst the […]

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