After having joined the Rs 1 trillion club of fund houses, the Unit Trust of India Mutual Fund is now looking to cross the mark of Rs 1.1 trillion by the fiscal-end.
SBI MF has unveiled a new fund named SBI Dual Advantage Fund - Series XI, a close-ended hybrid scheme. The tenure of the scheme is 1,111 days from the date of allotment.
Religare Invesco MF has set September 8 as record date for declaration fo dividend under the dividend and direct plan - dividend option of Religare Invesco Arbitrage Fund.
Indiabulls MF has introduced a new fund named Indiabulls Value Discovery Fund, an open-ended diversified equity scheme. The new fund offer price for the scheme is Rs. 10 per unit.
Reliance MF has set September 8 as record date for declaration of dividend under dividend, direct plan dividend and institutional plan dividend option of Reliance Quarterly Interval Fund - Series III.
Mutual fund houses have tweaked the exit load norms in debt schemes. The revision in exit loads has happened in the past one months or so.
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