NFONEST
December 2019
NFOs of various hues
adorn the December 2019 NFONEST.
Motilal Oswal Nifty 50 Index Fund
Opens: December 3, 2019
Closes: December 17,
2019
Motilal
Oswal AMC has launched Motilal Oswal Nifty 50 Index Fund, an open ended scheme
replicating / tracking Nifty 50 Index. The
scheme seeks investment return that corresponds to the performance of Nifty 50
Index subject to tracking error. The fund is benchmarked against the Nifty 50
Index TRI. The fund is managed by Mr. Swapnil Mayekar.
Motilal Oswal Nifty Next 50 Index Fund
Opens: December 3, 2019
Closes: December 17,
2019
Motilal
Oswal AMC has launched Motilal Oswal Nifty Next 50 Index Fund, an open ended
scheme replicating / tracking Nifty Next 50 Index. The scheme seeks investment return that
corresponds to the performance of Nifty Next 50 Index subject to tracking
error. The fund is benchmarked against the Nifty Next 50 Index TRI. The fund is
managed by Mr. Swapnil Mayekar.
Principal Midcap Fund
Opens: December 6, 2019
Closes: December 20,
2019
Principal AMC has launched Principal
Midcap Fund, an open ended scheme predominantly investing in midcap stocks. The
scheme seeks long term capital appreciation by predominantly
investing in equity and equity related instruments of midcap companies. The investment
pattern is a maximum of 100% and a minimum of 65% securities in equity and
equity-related midcap companies and in other than midcap companies, a maximum
of 35% security. The debt and money market instruments are planned to a maximum
of 35% security. The fund
is benchmarked against the Nifty Midcap 100 Index TRI. The fund is managed by the
Fund Managers – Mr. Ravi Gopalakrishnan and Mr. Sudhir Kedia.
Mahindra Top 250 Nivesh Yojana
Opens: December 6, 2019
Closes: December 20,
2019
Mahindra AMC has
launched Mahindra Top 250 Nivesh Yojana, an open ended equity scheme predominantly
investing in both large and midcap stocks. The scheme seeks growth through
investments in equity and equity related securities of both large cap and mid
cap stocks. The fund is benchmarked against the Nifty LargeMidcap 250 TRI Index.
The fund is managed by Mr.V. Balasubramanian.
Bharat Bond ETF: April 2023
Opens: December 12, 2019
Closes: December 20,
2019
Edelweiss AMC has launched Bharat
Bond ETF, an open-ended Target Maturity Exchange Traded Bond Fund predominately
investing in constituents of Nifty BHARAT Bond Index - April 2023. The
investment objective of the scheme is to replicate Nifty BHARAT Bond Index –
April 2023 by investing in bonds of CPSEs/CPSUs/CPFIs and other Government
organizations, subject to tracking errors. The fund is benchmarked against the Nifty
BHARAT Bond Index - April 2023. The fund is managed by Mr. Dhawal Dalal and Mr.
Gautam Kaul.
Bharat Bond FOF: April 2023
Opens: December 13, 2019
Closes: December 20, 2019
Edelweiss AMC has launched Bharat Bond
FOF, an open-ended Target Maturity fund of funds scheme investing in units of
BHARAT Bond FOF – April 2023. BHARAT Bond FOF – April 2023 is a fund of funds
scheme with the primary objective to generate returns by investing in units of
BHARAT Bond ETF – April 2023. The fund is benchmarked against the Nifty BHARAT
Bond Index - April 2023. The fund is managed by Mr. Dhawal Dalal and Mr. Gautam
Kaul.
Aditya Birla Sun Life PSU Equity Fund
Opens: December 9, 2019
Closes: December 23,
2019
Aditya Birla Sunlife AMC has
launched Aditya Birla Sun Life PSU Equity Fund, an open ended equity scheme
following PSU theme. The investment objective of the scheme is to provide long
term capital appreciation by investing in equity and equity related instruments
of Public Sector Undertakings (PSUs). The fund is benchmarked against the S&P
BSE PSU TR Index. The fund is managed by Mr. Mahesh Patil.
ITI Balanced Advantage Fund
Opens: December 9, 2019
Closes: December 23,
2019
ITI AMC has launched ITI Balanced Fund, an
open ended dynamic asset allocation fund. The investment objective of the
scheme is to seek capital appreciation by investing in equity and equity
related securities and fixed income instruments. The allocation between equity
instruments and fixed income will be managed dynamically so as to provide
investors with long term capital appreciation. The fund is benchmarked against
the CRISIL Hybrid 50+50 – Moderate Index. The fund is managed by Mr. George
Heber Joseph and Mr. Pradeep Gokhale.
No comments:
Post a Comment