Posts filed under 'Mutual Funds'

Ongoing Mutual Fund New Fund Offers - December 9, 2011

Axis Mutual Fund
Axis Capital Protection Oriented Fund - Series 3

Birla Sun Life Mutual Fund
Birla Sun Life Capital Protection Oriented Fund - Series 8

Birla Sun Life Fixed Term Plan - Series DV

Deutsche Mutual Fund
DWS Interval Fund – Series 1 (DIF - 1)

DSP BlackRock Mutual Fund
DSP BlackRock FMP - Series 24 - 12M

DSP BlackRock FTP - Series 3 - 24M

DSP BlackRock FTP - Series 4 - 36M

Fidelity Mutual Fund
Fidelity Fixed Maturity Plan Series VI - Plan B

HDFC Mutual Fund
HDFC FMP 370D December 2011 (1)

HDFC FMP 92D December 2011 (1)

ICICI Prudential Mutual Fund
ICICI Prudential Fixed Maturity Plan–Series 60–18 Months Plan G

ICICI Prudential Multiple Yield Fund – Series 2 - Plan B

IDBI Mutual Fund
IDBI Fixed Maturity Plan Series II - 540 Days (December 2011) - A

IDFC Mutual Fund
IDFC Fixed Maturity Plan Yearly Series 58

L&T Mutual Fund
L&T Short Term Debt Fund

Reliance Mutual Fund
Reliance Fixed Horizon Fund - XXI - Series 29

Sundaram Mutual Fund
Sundaram Capital Protection Oriented Fund 3 Years (Series 7)

Tata Mutual Fund
Tata Fixed Maturity Plan Series 37 Scheme F ( 369 days)

Tata Fixed Maturity Plan Series 38 Scheme F ( 548 days)

Union KBC Mutual Fund
Union KBC Fixed Maturity Plan-92 Days-Series 2

Union KBC Tax Saver Scheme

Add commentDecember 9th, 2011

Indiabulls Tax Saver Fund

Indiabulls Mutual Fund has filed its draft offer document with SEBI in regard to Indiabulls Tax Saver Fund.

Type of Scheme

An Open-ended Equity Linked Savings Scheme (subject to lock in period of 3 years from the date of allotment)

As per the present tax laws, eligible investors in the scheme (who are “Assessee” as per the ELSS Rules) are entitled to deductions of the amount invested in the units of the scheme under Section 80(C) of the Income Tax Act, 1961 to such extent (presently one lakh) and subject to such conditions as may be notified from time to time.

The scheme has been formulated in accordance with the Equity Linked Savings Scheme (ELSS) notifications dated November 03, 2005 and December 13, 2005 issued by the Government of India.

Investment objective

The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities.

However there can be no assurance that the investment objective of the scheme will be achieved.

Add commentDecember 7th, 2011

Ongoing Mutual Fund New Fund Offers - December 3, 2011

Axis Mutual Fund
Axis Capital Protection Oriented Fund - Series 2

Birla Sun Life Mutual Fund
Birla Sun Life Capital Protection Oriented Fund - Series 8

Daiwa Mutual Fund
Daiwa Fixed Maturity Plan Series I - Plan A

Deutsche Mutual Fund
DWS Fixed Term Fund - Series 93 (DFTF - 93)

DWS Fixed Term Fund - Series 94 (DFTF - 94)

DSP BlackRock Mutual Fund
DSP BlackRock FMP - Series 22 - 3M

DSP BlackRock FTP - Series 3 - 24M

HDFC Mutual Fund
HDFC FMP 24M November 2011 (1)

ICICI Prudential Mutual Fund
ICICI Prudential Fixed Maturity Plan - Series 60 - 1 Year Plan F

IDFC Mutual Fund
IDFC Fixed Maturity Plan Yearly Series 57

Motilal Oswal Mutual Fund
Motilal Oswal MOSt 10 Year Gilt Fund (MOSt 10 Year Gilt Fund)

Reliance Mutual Fund
Reliance Fixed Horizon Fund - XXI - Series 16

Reliance Fixed Horizon Fund - XXI - Series 29

Tata Mutual Fund
Tata Fixed Maturity Plan Series 37 Scheme E (95 days)

Taurus Mutual Fund
Taurus Quarterly Interval Fund Series 2

Union KBC Mutual Fund
Union KBC Tax Saver Scheme

Add commentDecember 3rd, 2011

Top Indian Mutual Fund Houses according to AMFI July - Sep 2011 data

Here is a list of top Indian mutual fund companies in terms of Average Assets Under Management (AAUM) managed by them for the period of July - September 2011. The compilation is made according to data provided by AMFI. Important change is that HDFC MF has over took Reliance MF for the first time in almost after 5 years.

#     Fund House    Average Assets Under Management

1    HDFC Mutual Fund    9182711.19
2    Reliance Mutual Fund    9066060.39
3    ICICI Prudential Mutual Fund    7521710.5
4    Birla Sun Life Mutual Fund    6421703.15
5    UTI Mutual Fund    6257986.12
6    SBI Mutual Fund    4773139.4
7    Franklin Templeton Mutual Fund    3441037.27
8    Kotak Mahindra Mutual Fund    3210078.5
9    DSP BlackRock Mutual Fund    3008371.45
10    IDFC Mutual Fund    2890821.24
11    Tata Mutual Fund    2263377.94
12    Sundaram Mutual Fund    1510957.25
13    Deutsche Mutual Fund    1276082.58
14    Religare Mutual Fund    1104213.93
15    Fidelity Mutual Fund    911951.33
16    Axis Mutual Fund    754478.45
17    LIC NOMURA Mutual Fund    707533.41
18    Canara Robeco Mutual Fund    692014.56
19    JM Financial Mutual Fund    646827.17
20    Peerless Mutual Fund    560838.04
21    Taurus Mutual Fund    536733.62
22    BNP Paribas Mutual Fund    524323.56
23    HSBC Mutual Fund    495213.26
24    IDBI Mutual Fund    492581.02
25    JPMorgan Mutual Fund    474769.91
26    PRINCIPAL Mutual Fund    453561.97
27    Goldman Sachs Mutual Fund    435758.53
28    L&T Mutual Fund    413549.35
29    Baroda Pioneer Mutual Fund    339858.69
30    Morgan Stanley Mutual Fund    197142.05
31    Pramerica Mutual Fund    150488.8
32    ING Mutual Fund    103605.28
33    Union KBC Mutual Fund    86937.37
34    Daiwa Mutual Fund    78908.3
35    AIG Global Investment Group Mutual Fund    72261.76
36    Sahara Mutual Fund    45583.04
37    Edelweiss Mutual Fund    44717.07
38    Mirae Asset Mutual Fund    44662.09
39    Motilal Oswal Mutual Fund    27767.72
40    Escorts Mutual Fund    20573.31
41    Bharti AXA Mutual Fund    17613.38
42    Quantum Mutual Fund    15669.3

Add commentOctober 13th, 2011

ICICI Bank tops Union KBC Equity Fund holings in September 2011

The scheme portfolio has increased the number of shares invested to 57 companies. It has added three new scripts to the portfolio: Dish TV India under Media & Entertainment category to an extent of 1.04%, Exide Industries in the Auto Ancillaries category to 0.97% and Tecpro Systems in the Industrial Capital Goods category to 0.50%.

The Average Assets Under Management (AAUM) for the quarter has increased from Rs. 143.48 crores in August 2011 to Rs. 152.65 crores. This is a marginal increase compared to other diversified funds from other mutual fund houses. The scheme’s expenses ratio stands at 2.41% YTD.

Top 10 holdings of the scheme are ICICI Bank, Infosys, Reliance Industries, ITC, Tata Consultancy Services, HDFC Bank, Larsen & Toubro, Housing Development Finance Corporation, Bharti Airtel and Oil & Natural Gas Corporation. The top investment position is now occupied by ICICI Bank at 5.87% putting down Infosys which stands at 5.64%.

NAV of Growth option is at Rs. 9.06. NAV of Dividend option is at Rs. 9.06 (no dividend announced in the scheme so far).

Add commentOctober 7th, 2011

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