Financial News

  Axis Mutual Fund Launching it's Technology Fund Category Average Returns in Last 6 Months is 26.30% An Open-Ended Exchange Traded Fund tracking NIFTY IT INDEX. Issue Open From:-18-Mar-2021 Issue Closing On:-23-Mar-2021 Fund Manager:- Mr.Jinesh Gopani Mr.Viresh Joshi Benchmark:- NIFTY IT TRI Expense Ratio:-Upto 1% Exit Load:-Nil Invesment Objective :-The Scheme Seeks to provide returns Before expenses that closely correspond to the Total Return of NIFTY IT INDEX, subject To Tracking Error. Read The Scheme Information Documents Risk:- High Suitable For:- Long Term Wealth Creation Invest In IT Sector Fund How will The Scheme Allocates Its Assets.. 95%-100% Equity Instruments coveted By constituting NIFTY IT INDEX 0-5% In Debt&Money Market Instruments. Performance Of Existing Schemes:- 1.ICICI PRUDENTIAL IT ETF:- 3 Months:-14.67% 6 Months:-33.47% 2.SBI IT ETF:- 1 Month:-2.91% 3 Month:-15.16%

SBI INTERNATIONAL ACCESS US EQUITY FOF.. According to a presentation from SBI MF, the underlying fund has delivered returns of 16.27% (CAGR) in euro terms, beating its benchmark S&P 500 Index return of 16.16% (as of 31st January 2021) Investment Objective:- The scheme seeks to provide long term capital appreciation by investing in unit’s of one or more mutual fund schemes/ETF’s which are overseas and predominantly in US Market.However there can Be No Surity that scheme Invesment objective achieved Issue Open From:-1-Mar-2021 Issue Closing On :-15-Mar-2021 Fund Manager:--Mr.Harsh Sethi Min.invest.:-5,000 Lumpsum Min.SIP:-1,000 Benchmark:-S&P 500 INDEX ABOUT AMUNDI Amundi is Europe’s largest asset manager by assets under management and ranks in the top Globally. It manages €1,487 billion of assets2  Across six main investment hubs3. Amundi Offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market Expertise and a full range of capa...