DSP ML Micro Cap Fund: NFO opens on 4th May 2007

May 3rd, 2007 by Analyst

Salient features of the Scheme

Fund opens on : May 04,2007
Fund closes on : May 25,2007
Nature of the Scheme : A 3-year Close-ended Equity Growth Scheme
Benchmark Index : BSE Small cap Index
Trustee : DSP Merrill Lynch Trustee Company Pvt. Ltd.
Maturity of the Scheme : 3-years after the date of allotment.

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Benchmark Gold Bees lists at Rs. 1000

March 19th, 2007 by Analyst

The first Gold Exchange traded fund Gold Bees offered by Benchmark has been listed at Rs. 1000 on NSE today. One unit of Gold bees represents nearly 1 gram of gold. With the listing of this fund liquidity has been provided to those investors who are interested in investing in gold. The gold ETF made a high of Rs. 1145 and a low Rs. 940 in the morning. Currently at 11.40 a.m it is trading at Rs. 948 which is almost near to the prevailing rates of one gram of gold.

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UTI also launches Gold Exchange Traded Fund

February 28th, 2007 by Analyst

Fund Opens On : March 01,2007
Fund Closes On : March 12,2007
Minimum subscription : Rs.20,000
Face Value : Rs.100/-
Listing Stock Exchange : NSE
Fund Lists On : March 26,2007
Entry Load : 2.25 %

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NEW FUND OFFER : GOLD BeES (Gold Benchmark Exchange Traded Scheme)

February 14th, 2007 by Analyst

SALIENT FEATURES OF THE SCHEME

TYPE OF FUND : OPEN ENDED EXCHANGE TRADED FUND

FUND OPENS ON : FEBRUARY 15, 2007
FUND CLOSES ON : FEBRUARY 23, 2007
Price per unit : Rs.100 for cash
Name of the Fund : Benchmark Mutual Fund
Name of the AMC : Benchmark Asset Management Company Pvt.Ltd

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Kotak Emerging Equity scheme NFO opens on 12th February

February 11th, 2007 by Analyst

Salient features of the Scheme

Fund opens on : February 12,2007
Fund closes on : March 12,2007
Nature of the Scheme : A 3-year Close-ended Equity Growth Scheme
Benchmark Index : BSE Mid Cap
Trustee : Kotak Mahindra Trustee Company limited
Maturity of the Scheme : 3-years after the date of allotment.

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JM Equity Tax Saver Fund - Series I opens on 28th December

December 26th, 2006 by Analyst

Salient Features

Fund opens on : DECEMBER 28,2006
FUND closes on : MARCH 29,2007
Trustee : JM Financial Trustee Company Private Limited
Benchmark Index : The performance of JM Equity Tax Saver Fund-Series 1 will be benchmarked with the BSE 200 Index.

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New Fund Offers

April 16th, 2006 by Analyst

Stanchart Enterprise Equity Fund

Issue open : 19th April to 16th May
Objective : To invest in equity and equity related instruments.
Type : Close ended
Plan : Growth and dividend
Entry load : Nil
Exit load : upto 3%
Fund Manager : Kenneth Andrade

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New Fund Offers

April 9th, 2006 by Analyst

Kotak Twin Advantage Fund

Issue open : 17th April to 10th May
Objective : To invest in debt and money market instruments and in equity index options.
Type : Close ended
Plan : Growth and dividend
Entry load : Nil
Exit load : upto 3.5%
Fund Manager : Sajit Pisharodi/ Ritesh Jain

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New Fund Offers

April 2nd, 2006 by Analyst

Fidelity India Special Situations Fund

Issue open : 28th March to 26th April
Objective : To invest in equity and equity related instruments.
Type : Open ended
Plan : Growth and dividend
Entry load : 2.25
Exit load : 1%
Fund Manager : Rajesh Singh

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Hot Picks by Mutual Funds

March 12th, 2006 by Analyst

Recently the focus of Mutual funds has been in auto, power and engineering stocks. They are exiting technology and Banking Stocks.

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