Tag: new schemes
Sahara Launches SUPER-20 Fund
Sahara Mutual Fund has launched Sahara Super 20 fund. The new fund offer has been thrown open to public from 25th June,09. The NFO will continue till 23rd July, 09. Its an open-ended growth fund offered at the price of Rs. 10 per unit (plus applicable 2.25% entry load). The minimum investment amount is Rs.5000/- [...]
Review: Quantum Equity Fund of Funds NFO
Quantum AMC has introduced a unique mutual fund that invests not in equity shares but in diversified equity schemes of mutual fund. Yes! it’s a fund that invests in other mutual funds. It has been named as Quantum Equity Fund of Funds. The NFO will be available for purchase from 26th June to 13th July. Minimum Investment: [...]
Mahindra Holidays & Resorts IPO Details
Amid improving market sentiments Mahindra Holidays and Resorts India Limited (MHRIL) has launched the IPO to raise fresh capital. The money will be used for expansion of existing resorts and setting up new projects. Below is the complete information of the MHRIL Public Issue- Public Issue Open: 23rd June,09-26th June,09 Price Band: Rs. 275 to [...]
Unitech launches Fixed Deposit
Unitech Ltd has launched fixed deposit scheme to accumulate funds directly from public. The offered interest rates are much better than current offerings by bank FDs. 1 year – 11.00% 2 Years – 11.50% 3 Years – 12.00% Additional 0.50% interest will be paid to Senior Citizens and Unitech Ltd. share holders (more than 100) [...]
Reliance Infrastructure fund NFO from 25th May
Reliance is to launch Infrastructure Fund, an open-ended equity scheme, from 25th May, 2009. Infrastructure specific funds are good option to invest these days as reality industry is on the rising. Reliance Any Time Money card will be issued to investors subscribing through self cheque. The offer will continue till 23rd June, 09. Investment Pattern [...]
Edelweiss MF has got the EDGE
To cash in the the recovering confidence of investors, Edelweiss asset management company has launched new Edelweiss Diversified Growth Equity (E.D.G.E.) fund. The fund that seeks to generate long term capital growth from a diversified portfolio is available for purchase from 4th May to 8th May. Some unique features of this scheme:1. Introduction of three [...]
Main Points of New Pension Fund
Scheme launched on May 1, 2009 Open for all Indian citizens Initially, only non-withdrawable accounts will be started. Withdrawable accounts to start within next 6 months. 3 assets class available –Equity, Credit risk and Government. For lower age people, 50% of the amount will be invested in equity class, 30% in credit risk class and [...]
New Pension Scheme launched for all
Earlier, in August 2008, Government had decided to offer NPS (New Pension Scheme) to all citizens of India on a voluntary basis. Accordingly, PFRDA took necessary steps to scale up the existing infrastructure to roll-out the NPS for all citizens. Twenty two Points of Presence (PoPs) and six Pension Fund Managers have been appointed by [...]
