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SBI Mutual Fund launches SBI Nifty Bank Index Fund

The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. This product is suitable for investors who...

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ICICI Prudential Mutual Fund launches ICICI Prudential CRISIL IBX AAA Bond Financial Services Index Dec 2026 Fund

The investment objective of the scheme is to track the CRISIL-IBX AAA Financial Services Index - Dec 2026 by investing in securities maturing on or before December 2026, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved and the...

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Groww Mutual Fund launches Groww Nifty India Railways PSU Index Fund

The investment objective of the scheme is to generate long term capital growth by investing in securities of the Nifty India Railways PSU Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty India Railways PSU Index, subject to tracking errors. However...

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Groww Mutual Fund launches Groww Nifty India Railways PSU ETF

The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty India Railways PSU Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of the Nifty India Railways PSU Index, subject to tracking errors. However...

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Union Mutual Fund launches Union Short Duration Fund

The scheme is an actively managed scheme with an investment objective to provide reasonable returns and liquidity by investing in a range of debt and money market instruments while maintaining the balance of safety, liquidity and returns. There is no assurance that the investment objective of the scheme will be achieved. This...

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