Indian markets take a positive Friday morning

The Indian stock markets had a postivie start this morning. Sensex is up by 231 points at 11178 points. Nifty is up 2% and is trading at 3439.25 points. Midcap stocks are stealing the show.

Top Nifty gainers include Unitech, Suzlon, Reliance Infra, Tata Motors, Reliance Capital, Tata Steel, HCL Tech, Larsen & Toubro, SBI and Axis Bank.

On the losing side are Cipla, Tata Power, ITC and Sun Pharma.

Add commentApril 17th, 2009

Mirae Asset Cash Management Fund

Mutual Fund
Mirae Asset Mutual Fund

Scheme Name
Mirae Asset Cash Management Fund

Objective of Scheme
The investment objective of the scheme is to seek to generate returns linked to short end rates like MIBOR and CBLO etc. and provide higher liquidity by investing in a portfolio of debt and money market instruments. The Scheme does not guarantee any returns.

Scheme Type
Open Ended

Scheme Category
Liquid

New Fund Launch Date
5-Jan-2009

New Fund Earliest Closure Date
6-Jan-2009

New Fund Offer Closure Date
6-Jan-2009

Indicate Load Separately
Entry Load - Nil Exit Load - Nil

Offer Price (Rs.)
1000

Minimum Subscription Amount
5000

Add commentJanuary 6th, 2009

IDFC Tax Advantage (ELSS) Fund

Mutual Fund
IDFC Mutual Fund

Scheme Name
IDFC Tax Advantage (ELSS) Fund

Objective of Scheme
to seek to generate long-term capital growth from a diversified portfolio of predominantly Equity and Equity related securities.

Scheme Type
Open Ended

Scheme Category
ELSS

New Fund Launch Date
1-Dec-2008

New Fund Earliest Closure Date
-

New Fund Offer Closure Date
17-Dec-2008

Indicate Load Separately
Of less than Rs. 5 Crores (including for SIPs & STPs) - 2.25%; Of Rs. 5 Crores or more (including for SIPs & STPs) - Nil; By an FOF (irrespective of the amount of Purchase) - Nil

Offer Price (Rs.)
Rs. 10/- per Unit (s)

Minimum Subscription Amount
Rs. 500/-

Add commentDecember 15th, 2008

Tata Fixed Horizon Fund Series 20 Scheme B - Regular Plan

Mutual Fund
Tata Mutual Fund

Scheme Name
Tata Fixed Horizon Fund Series 20 Scheme B - Regular Plan

Objective of Scheme
The investment objective of the scheme is to generate income and / or capital appreciation by investing in wide range of debt and money market instruments.

Scheme Type
Close Ended

Scheme Category
Income

New Fund Launch Date
3-Dec-2008

New Fund Earliest Closure Date
-

New Fund Offer Closure Date
15-Dec-2008

Indicate Load Separately
Entry load: Nil
Exit Load: 1% if redeemed before maturity, Nil on maturity.

Offer Price (Rs.)
10/-

Minimum Subscription Amount
10,000/-

Add commentDecember 5th, 2008

Tata Fixed Horizon Fund Series 20 Scheme B - Institutional Plan

Mutual Fund
Tata Mutual Fund

Scheme Name
Tata Fixed Horizon Fund Series 20 Scheme B - Institutional Plan

Objective of Scheme
The investment objective of the scheme is to generate income and / or capital appreciation by investing in wide range of debt and money market instruments.

Scheme Type
Close Ended

Scheme Category
Income

New Fund Launch Date
3-Dec-2008

New Fund Earliest Closure Date
-

New Fund Offer Closure Date
15-Dec-2008

Indicate Load Separately
Entry load
Nil

Exit Load
1% if redeemed before maturity, Nil on maturity.

Offer Price (Rs.)
10/-

Minimum Subscription Amount
1,00,00,000/-

Add commentDecember 5th, 2008

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