Investorline Services

10 Apr 2008 | 12:02 ABN Amro MF launches ABN Amro FTP - Series 11 Plan B Name of Fund: ABN Amro Fixed Term Plan - Series 11 Plan B Scheme: It is a close-ended fixed term income scheme. Maturity date of the scheme would be 18 months from the date of allotment of units. Objective: The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities in line with the duration the scheme. Fund Opens: 9 April 2008 Fund Closes : 24 April 2008 Face Value: Rs 10 per unit. Investment Options: The scheme has two plans-regular and institutional plans. The scheme offers growth, dividend option (Calendar Monthly, Calendar Quarterly, Calendar Half Yearly, Calendar Yearly, and Dividend on Maturity Option). The dividend option offers dividend payout and dividend re-investment facilities. Both the options will be managed with a common portfolio. Entry Load: The scheme will not charge any entry load. Exit lo...

10 Apr 2008 | 13:10 LIC MF launches a new FMP Name of Fund: LIC Mutual Fund Fixed Maturity Plan Series 40 Scheme: It is a close-ended income scheme. It will mature after 3 months. Objective: The scheme aims to minimize interest rate risk by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the scheme. Asset Allocation: The fund would invest up to 100% in debt instruments having residual maturity of 3 months. It can also invest up to 100% in money market instruments. Investment in debt instruments includes securitised debt up to 100%. Fund Opens: 7 April 2008 Fund Closes: 11 April 2008 Face Value: Rs. 10 Investment Options: The scheme provides dividend and growth option. Under dividend option investors can choose either dividend reinvestment or dividend payout. Minimum Investment Amount: The minimum investment is of Rs.10, 000 and in multiple of Rs. 1000 thereafter. Benchmark Index: C Fund ~ LX Fund manager: Mr...

Investorline Mutual Funds Performance Report as on 27 th March 2008. Investorline Financial Services Mutual Fund Performance Report (As on 27-Mar-2008) Floating Rate Fund Long Term   Floating Rate Fund Short Term   Debt Funds - Short Term   Debt Funds - Long Term Plan   Gilt Funds - Long Term   Gilt Funds - Short Term   Monthly Income Funds (<= 20% Equity)   Monthly Income Funds (>= 20% Equity)   Balanced Funds   Index Funds - Nifty Plan   Index Funds - Sensex Plan   Pure Large Cap Equity Funds   Pure Mid Cap Equity Funds   Blend/Dynamic/Opportunistic/Flexi Cap Equity Funds   Value Style E...

Investorline Services – Diversified Editions The Game begins NOW – WIN a Gift Voucher from Future Bazaar. We are pleased to launch our own Mutual Funds NAV system at- mutualfundsnav.blogspot.com where you can access the latest Net Assets Value (NAV) of all Mutual Funds in India (AMC wise). Its been a short journey since Dec-2007 when we first launched our Life Insurance blog   and then slowly moved ahead and launched the below blogs-   India Investor- http://india-investor.blogspot.com/   - Information on Investment Industry in India and helping Investors in making the right Investments decision. Subscribe to Investor   News Alerts - http://india-news-alerts.blogspot.com/ - Latest News happenings from the most reliable and trusted Newspapers and News reporting sites. Subscribe to News Alerts   Investorline Services - http://investorline-india.blogspot.com/ - Mutual Funds and Life Insurance Advisory Services. Deals in Mutual Funds i...

SBI MF launches new debt fund series     SBI Mutual Fund launched SBI Debt Fund Series - 18 Months Series 3. The objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in portfolio comprising of debt instruments. The fund will invest 0%-80% in Government of India dated securities and treasury bills and money market instruments. It may invest 20-100% in AAA/AA+ bonds/ debt instruments. The investment in securitised debt will be up to 20%.            Reliance MF launches new Fixed Horizon Fund Series Reliance Mutual Fund launched Reliance Fixed Horizon Fund -VIII-Series 1. It is a close-ended income scheme. Duration of the scheme is 376 days from the date of allotment. The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and ot...

Reliance Mutual Fund has collected Rs 150 crore through its Reliance Equity Linked Saving Scheme Series I during its initial offer period from 19 December 2007 to 17 March 2008. Reliance Equity Linked Saving Scheme Series I is a 10-year close-ended equity linked saving scheme. The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equities along with income tax benefit. Reliance Equity Linked Saving Scheme Series I offers growth and dividend plan. The dividend option will have dividend payout and dividend reinvestment. The fund will invest can invest 80%-100% in equities. Whereas the investment in debt and money related instruments will be 0% - 20%.

Kotak Mahindra MF revises load structure Kotak Mahindra mutual fund has announced the revision in the load structure for Kotak Flexi Debt scheme. According to the revised load structure, the fund will charge an exit load of 0.10% if the investment is redeemed within 7 days from the date of investment. Presently, the scheme does not ask for any exit load. The scheme will not charge any entry load to the investors. The aforesaid changes will be effective from 1 April 2008.            MFs purchasing lifts benchmarks Despite higher inflation numbers, benchmark indices increased quite sharply on Friday. Market participants said that this was due to across-the-board purchasing by institutions, particularly domestic funds. Since the financial year 2007-08 is nearing, fund managers have used this money to push up the stock prices in order to shore up the net asset values (NAV) of their schemes. Domestic funds have been net buyers to the tun...