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Growth a matter highest priority for RBI at this juncture: Shaktikanta Das

Monday, August 19, 2019, 8:02 PM

RBI Governor Shaktikanta Das on Monday said growth has become highest priority for the monetary policy committee (MPC) of the central bank as the business community navigates various challenges, both domestic as well the global. "The pursuit of financial stability has always been a policy priority in India. The twin concerns of monetary and financial stability constitute the core objectives of RBI," Das said.
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Sundaram Mutual launches the Sundaram Equity Fund

Tuesday, August 13, 2019, 7:38 PM

Sundaram Mutual launched its new open-ended multi-cap scheme, Sundaram Equity Fund. The new-fund-offer opens for subscription on August 16 and closes on August 30. The scheme reopens for ongoing subscription or redemption from September 16. The new scheme will be jointly managed by S. Krishnakumar, CIO-Equity and Mr. S. Bharath. The performance of the scheme will be benchmarked against S&P BSE 500 TRI Index.
 
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LIC Mutual Fund launches overnight fund

Thursday, July 11, 2019, 4:49 PM

LIC Mutual Fund has launched a new fund named LIC Overnight Fund, an open ended debt scheme investing in overnight securities. The new fund offer will be open for subscription on 15 July. The scheme will be benchmarked against Nifty 1D Rate Index. The scheme offers two investment options-growth and dividend option.

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