img

Get a Call

Market News

  • 28

    Jun
    2019

    Mahindra Hybrid Equity Nivesh Yojana Floats On

    Mahindra Mutual Fund has launched a new fund named as Mahindra Hybrid Equity Nivesh Yojana, an open ended hybrid scheme investing predominantly in equity and equity related instruments. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 28 June to 12 July 2019.

    The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments.

    The scheme offers growth option, dividend option; dividend option will have dividend payout and dividend reinvestment facility.

    The scheme would allocate 65%-80% of assets in Equity and Equity Related Securities with high risk profile, invest 20%-35% of assets in Debt and Money Market Securities (including CBLO, Reverse Repo and units of liquid mutual fund schemes) with low to medium risk profile and upto 10% of assets in Units issued by REITs & InvITs with medium to high risk profile.

    The minimum application amount is Rs 1000 and in multiples of Re. 1/- thereafter.

    The minimum additional amount is Rs 1000 and in multiples of Re. 1/- thereafter.

    The fund seeks to collect a minimum subscription (minimum target) amount of Rs 10 crore under the scheme during the NFO period.

    Entry load: Not Applicable.

    Exit load: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of Units.

    Any redemption in excess of the above limit shall be subject to the following exit load:

    An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 12 months from the date of allotment of Units;

    Nil - If Units are redeemed / switched-out after completion of 12 months from the date of allotment of Units

    The Scheme performance would be benchmarked against CRISIL Hybrid 25+75 - Aggressive Index.

    The fund managers of the scheme are Srinivasan Ramamurty and Rahul Pal.

    Powered by Capital Market - Live News

NIFTY 11346.20 img -73.05

SENSEX 38031.13 img -305.88

GOLD 34950.00

SILVER 40672.00

1 USD / INR 68.92

Attention Investors! "Prevent Unauthorised Transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of Investors."           Attention Investors! "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day. Issued in the interest of investors."           "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."           "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."           "As per SEBI guidelines, old DIS cannot be accepted for execution of instruction with effect from 07-01-2016. Kindly submit requisition slip / letter for issuance of new DIS booklet at our corporate office address to avoid rejection of your instruction(s) on or after 07-01-2016.”            "In accordance with the Union Budget 2017-18 announcement, SEBI has advised to link Aadhar with individual demat accounts. Kindly submit details of Aadhar number along with copy of Aadhar Card.”          

Copyright © 2019. All Rights Reserved. Indiabulls Ventures Limited. | Cookie Policy | Bechmark Rates | Disclaimer | Terms and Condition | Blog

Indiabulls Ventures Limited. [Corporate Identification Number for IVL: L74999DL1995PLC069631]
SEBI Reg No: INZ000007534 | NSE Membership No: 08756 [CM, FNO, CDS] | BSE Membership No: 907 [CM, FNO]
Indiabulls Securities Limited (Formerly known as Indiabulls Commodities Limited) [Corporate Identification Number for ISL: U74999DL2003PLC122874]
SEBI Reg No: INZ000036136 | MCX: MEMBER CODE: 12835 | NCDEX: MEMBER CODE: 10
Registered office address: M - 62 & 63, First Floor, Connaught Place, New Delhi - 110001.
Correspondence office address: Indiabulls House, 448 – 451, Udyog Vihar, Phase – V, Gurgaon – 122016, Haryana.
Site best viewed in IExplorer 10+ | Chrome | Firefox