Mutual Fund News

IDBI Mutual Fund has announced a New Fund Offer (NFO) for IDBI Healthcare Fund. The NFO period begins on February 8, 2019 and will end on February 28, 2019. This sectoral/thematic scheme aims to provide long term capital appreciation to its investors by primarily investing in equity instruments of companies belonging to the healthcare and...

ICICI Prudential Mutual Fund has appointed Harish Bihani as the fund manager of equities, effective 5th November 2018, the fund house said in a notice. Bihani joins from SBI Mutual Fund, where he worked as a senior research analyst for about two years. In the same notice, ICICI Prudential Mutual Fund also announced that Bihani...

Reliance Mutual Fund has issued a notice appointing new fund managers for 16 of its schemes. The changes will be effective from November 6, 2018. The fund house has given the responsibility of four schemes to Vishal Jain and 12 schemes to Mehul Dama. Jain and Dama have replaced Payal Wadhwa Kaipunjal as fund managers....