UTI Mutual Fund (MF) has launched the UTI Sensex Index Fund, an open-ended scheme replicating/tracking the S&P BSE Sensex Total Return Index (TRI). The NFO opens for subscription on January 19, 2022 and closes on January 24, 2022. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 1 thereafter.

The performance of the scheme will be benchmarked against S&P BSE Sensex TRI and its fund manager is Sharwan Kumar Goyal.

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
 

TRUST Mutual Fund (MF) has launched the TRUSTMF Overnight Fund, an open-ended debt scheme investing in overnight securities with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on January 17, 2022 and closes on January 18, 2022. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 1000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against CRISIL Overnight Index and its fund manager is Anand Nevatia.

The investment objective of the scheme is to provide reasonable returns commensurating with overnight call rates and providing a high level of liquidity, through investments in overnight securities having maturity / unexpired maturity of 1 business day.

Samco Mutual Fund (MF) has launched the Samco Flexi Cap Fund, an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on January 17, 2022 and closes on January 31, 2022. The Entry load is not applicable for the scheme. The Exit load will be 2.00%, if the investment is redeemed or switched out on or before 365 days from the date of allotment of units, 1.00%, if the investment is redeemed or switched out after 365 days but on or before 730 days from date of allotment of units and no Exit Load will be charged if investment is redeemed or switched out after 730 days from the date of allotment of units. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Nifty 500 Index TRI and its fund managers are Nirali Bhansali and Dhawal Ghanshyam Dhanan.

The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio of Indian & foreign equity instruments across market capitalisation.

Nippon India Mutual Fund (MF) has launched the Nippon India Fixed Horizon Fund (FHF)- XLIII- Series 4, a Close Ended Income Scheme with Relatively high interest rate risk and Moderate Credit Risk. The NFO opens for subscription on January 17, 2022 and closes on January 19, 2022. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Crisil Medium Term Debt index and its fund manager is Amit Tripathi.

The investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.

Navi Mutual Fund (MF) has launched the Navi Nifty Bank Index Fund, an open-ended equity scheme replicating / tracking Nifty Bank Index Continuous Offer of Units at Applicable NAV. The NFO opens for subscription on January 17, 2022 and closes on January 31, 2022. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re. 1 thereafter.

The performance of the Scheme will be benchmarked with Nifty Bank Index TRI and its fund manager is Pranav Vasa.

The investment objective of the scheme is to achieve return equivalent to Nifty Bank Index Index by investing in stocks of companies comprising Nifty Bank Index, subject to tracking error.