LIVE MARKET TRACKER :   BSE SENSEX   29918.40      |    NSE NIFTY 9304.05    
GLOBAL MARKETS :  NASDAQ 6049.89   +0.02%    |    FSI London 7203.94   -0.46%    |    NIKKEI Japan 19196.74   -0.29%
  USD GBP EUR CAD AUD INR
USD - 0.7723 0.9178 1.3653 1.3370 64.3300
GBP 1.2950 - 1.1881 1.7680 1.7313 83.3473
EUR 1.0902 0.8418 - 1.4883 1.4575 70.1132
CAD 0.7326 0.5661 0.6720 - 0.9796 47.1190
AUD 0.7481 0.5778 0.6864 1.0213 - 48.1210
INR 0.0155 0.0120 0.0143 0.0213 0.0208 -
Indian-Commodity  :  Mutual Funds  :  Mahindra Mutual Fund introduces Fund Bal Vikas Yojana

Mahindra Mutual Fund introduces Fund Bal Vikas Yojana (20-Apr-2017)

Mahindra Mutual Fund has launched the Mahindra Mutual Fund Bal Vikas Yojana, an open ended balanced scheme. The NFO opens for subscription on April 20, 2017 and closes on May 04, 2017. Entry load will be nil and Under Compulsory Lock-in: No exit load post lock-in period and Under No Lock-in 3% is payable if Units are redeemed / switched-out up to 1 year from the date of allotment, an exit Load of 2% is payable if Units are redeemed / switched-out after 1 year and up to 2 years from the date of allotment, an exit load of 1% is payable if Units are redeemed / switched-out after 2 years and up to 3 years from the date of allotment, and Nil if Units are redeemed / switched-out after 3 years from the date of allotment applicable for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.

The scheme's performance will be benchmarked against 50% CNX Nifty + 50% CRISIL Composite Bond Fund Index and its fund managers are Rahul Pal and RatishVarier.

The investment objective of the scheme is to generate long term capital appreciation through investments in equity and equity related instruments and also income from investing in debt and money market instrument.


Top News Today
Madhya Pradesh government grants mining lease to Prism Cement
(28-Apr-2017)

Madhya Pradesh government grants mining lease to Prism CementPrism Cement has received Letter of Intent (LoI) from Madhya Pradesh Government for allotment of cement grade limestone mining lease for 50 years in Villages Chulhi and Majhiyar, District Satna, Madhya......click on news to read complete article.

HDFC Bank plans to raise Rs 5000 crore: Report
(28-Apr-2017)

HDFC Bank plans to raise Rs 5000 crore: ReportHDFC Bank, one of the most prominent private sector lenders, is reportedly planning to raise Rs 5000 crore in a perpetual bond sale for the first time as the lender seeks to support its capital. These......click on news to read complete article.

EPC Industrie reports 17% fall in Q4 net profit
(28-Apr-2017)

EPC Industrie reports 17% fall in Q4 net profitEPC Industrie has reported results for the fourth quarter and year ended March 31, 2017. The company has reported a fall of 17.34% in its net profit at Rs 3.29 crore for the quarter ended March 31, 2017......click on news to read complete article.

International Stock News
US markets closed higher on Thursday
(28-Apr-2017)

US markets closed higher on ThursdayThe US markets closed higher on Thursday, with tech-heavy Nasdaq composite closing at a record high. President Donald Trump downplayed the severity of a potential government shutdown, just two days shy......click on news to read complete article.

Asian markets trade mostly lower in early deals on Friday
(28-Apr-2017)

Asian markets trade mostly lower in early deals on FridayMost of the Asian equity benchmarks are trading lower in the early deals on Friday amid renewed jitters over North Korea and conflicting signals from President Donald Trump about US trade policy. Meanwhile,......click on news to read complete article.

US markets closed higher on Thursday
(28-Apr-2017)

US markets closed higher on ThursdayThe US markets closed higher on Thursday, with tech-heavy Nasdaq composite closing at a record high. President Donald Trump downplayed the severity of a potential government shutdown, just two days shy......click on news to read complete article.

 

     
  
Recent Mutual Funds News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.