Recently, Axis Mutual Fund decided to withdraw the NFO for the Axis Nifty 500 Momentum 50 Index Fund right before the NFO was to be launched. The fund house has not mentioned the reason for the same.

The fund is benchmarked against the Nifty 1D Rate Index, which tracks returns from lending in the overnight market. During the NFO, investors can subscribe with a minimum investment of Rs 100 ...

ICICI Prudential Mutual Fund has launched the new fund offer (NFO) of ICICI Prudential Nifty EV & New Age Automotive ETF and ICICI Prudential Nifty EV & New Age Automotive ETF FOF. The new fund ...

"The fund house has also introduced the ICICI Prudential Nifty EV & New Age Automotive ETF FOF, such that investors without a Demat account can participate in this scheme," the statement said. ETF – ...

ICICI Prudential Mutual Fund has launched NFO under its “ETF category”, named as ICICI Prudential Nifty EV & New Age Automotive ETF. The open ended fund aims to provide returns before expenses ...