New fund offer draft offer documents submitted to SEBI and put for public view and commenting:
Franklin India MENA Fund
HDFC Select Equity Fund
IDFC FMP - Eighteen Months Series 2-3
IDFC FMP - Nineteen Months Series I
Lotus India Long term FMP - Series 1 - Plan -A-C
Add commentJuly 26th, 2008
Bharti AXA Mutual Fund
Bharti AXA Liquid Fund
Bharti AXA Treasury Plus
Escorts Mutual Fund
Escorts Leading Sectors Fund
Franklin Templeton Mutual Fund
Franklin Templeton Fixed Tenure Fund – Series X – Plan A
Franklin Templeton Fixed Tenure Fund – Series X – Plan C
Templeton Fixed Horizon Fund - Series IX - Plan B
Lotus India Mutual Fund
LOTUS INDIA FIXED MATURITY PLAN-375 DAYS-SERIES XIII
Mirae Asset Mutual Fund
Mirae Asset Global Commodity Stocks Fund
Reliance Mutual Fund
Reliance Fixed Horizon Fund - IX - Series 2
Tata Mutual Fund
Tata Fixed Investment Plan - 2 Scheme B Institutional Plan
Tata Fixed Investment Plan - 2 Scheme B Regular Plan
Add commentJuly 12th, 2008
ING Vysya Mutual Fund has come up with a new NFO - the ING Latin America Equity Fund. The NFO opened on July 10, 2008 and will close on July 18, 2008. The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in ING (L) Invest Latin America Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized.
Add commentJuly 11th, 2008
The markets have clearly showed signs of coming out of the range-bound phase and started to move towards the upward move. The FIIs have started to buy from the Indian markets, though a bit slow in manner, the markets are clearly showing signs of a trendy phase now. With Infosys quarterly results and inflation numbers which are expected to remain at the above 11 points mark, there is good market action promised tomorrow.
Add commentJuly 10th, 2008
Thanks to the cooling of the oil prices, stock markets across the world have managed to trade in the green. The Indian stock markets too followed its Asian peers and marched well all through the day. The Sensex tested the 14K level but closed marginally below after ticking over 614 points.
The Sensex opened at 13,581.41 touched an intraday high of 13,998.48 and intraday low of 13,581.41 to finally close at 13,964.26 up by 614.61 points or 4.60%. Smallcap index closed up 3.46% while Midcap index closed up 2.91%
A look at the sectoral gainers shows that the Realty and Power are the key for the drive. Bank, Consumer Goods, FMCG amongst others gained well.
Reliance Infra gained 10.65%, BPCL is up 8.05%. Tata Motors, GAIL and ITC are up over 7%, Unitech, Power Grid, ABB, Reliance Communications and SAIL are up by over 6%
National Aluminum is down 0.76% in today’s trade.
Add commentJuly 9th, 2008
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Jun | Aug » | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 7 | 8 | 9 | 10 | 11 | 12 | 13 |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 |
| 28 | 29 | 30 | 31 | |||