mutual funds have filed draft documents with Sebi to launch sectoral and passive funds. Kotak Mutual Fund and Invesco Mutual Fund have filed for sectoral/thematic funds while Aditya Birla Sun Life Mutual Fund has filed for debt-based passive funds.
ET Guide to ITR
Made a mistake in your filed ITR? Check the revised ITR filing last date
How to file ITR after July 31 deadline?
What is the penalty for filing ITR after the July 31 deadline
Kotak MNC Fund will be an open-ended equity scheme based on
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-112132306»>multinational company (MNC) theme. The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity- related securities of multinational companies (MNCs).
The scheme will be benchmarked against Nifty MNC TRI (Total Return Index). It will be managed by Dhananjay Tikariha and Abhishek Bisen. It will allocate 80-100% in equity and equity related instruments of multinational companies (MNCs), 0-20% in equity and equity-related instruments other than multinational companies (MNCs), 0-20% in debt and money market securities, and 0-10% in units of REITs and InvITs.
Invesco India Technology Innovators Fund will be an open-ended equity scheme investing in technology and technology-related sectors. The investment objective of the scheme will be to generate capital appreciation by