SBI MF launch new fund scheme and other top mutual fund news

mutual fund news

SBI Mutual Fund has unveiled a new fund named SBI Debt Fund Series B-27, a close-ended debt scheme. The tenure of the scheme is 1,100 days from the date of allotment. (FC)

ICICI Prudential MF has set November 10 as record date for declaration of dividend under the retail dividend option of ICICI Prudential Interval Fund, Annual Interval Plan III. (FC)hdfc cancer coupleReliance Mutual Fund has launched a new fund named Reliance Fixed Horizon Fund, XXIX, Series 14, a close-ended income scheme with the duration of 1,112 days form the date of allotment. (FC)

HDFC MF has launched a new plan named HDFC Fixed Maturity Plan 1,107D November 2015 (1), a plan under HDFC Fixed Maturity Plans, Series 34 (a close-ended income scheme. (FC)

UTI Mutual Fund has launched the UTI FTIF Series XXIII-VIII (1100 Days), a close ended income scheme. The NFO opens for subscription on November 06, 2015 and closes on November 20, 2015. (livemint)

LIC Nomura Mutual Fund is looking at garnering Rs 1,000 crore of assets from its G-Sec ETF, launched last December, over the next one year. (TOI)

Stock market regulator Securities and Exchange Board of India (Sebi) plans to tighten rules on mutual fund redemptions after JPMorgan Chase and Co. in September restricted payouts from its two local funds carrying bonds of Amtek Auto Ltd after a string of investors demanded their money back.

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