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Buy Gold via SIP with Reliance Gold Savings Fund

Reliance Mutual Fund announces a new NFO Reliance Gold Savings Fund which primarily is an open-ended mutual fund scheme which will invest primarily and seek returns mainly from the Reliance Gold Exchange Traded Fund (RGETF).  This way you get the added advantage of investing in gold via the SIP route which otherwise was not available [...]

Fidelity India Children’s Plan Review

After releasing the Fidelity’s Guide to Saving for Children, Fidelity Mutual Funds has announced their NFO targeting the children’s savings.  It is Fidelity India Children’s Plan.  This Mutual Fund NFO is targeting the individuals looking for a solution for their children’s saving needs like the key milestones like education and marriage.  This is an open-ended [...]

Birla Sun Life Capital Protection Oriented Fund

This new NFO from Birla Sun Life, Capital Protection Oriented Fund – Series 3 & Series 4 (36 Months) is a close-ended mutual fund which aims at protection of your capital and yet giving you tax efficient returns.  Just remember that this schemes is just oriented in protection of your capital and does not guarantee [...]

Principal SMART Equity Fund

The latest NFO from Principal Mutual Fund is this Principal SMART Equity Fund.  This is an open-ended equity scheme which in fact is a P/E based fund that changes its core asset allocation between the equities and money market/debt instruments depending on the average weighted price earning ratio (P/E ratio) of its respective index.  The [...]

ICICI Prudential Regular Savings Fund

ICICI Prudential Regular Savings Fund (IPRSF) is the latest NFO from the house of ICICI Prudential Mutual Funds.  This is an open-ended income fund.  The NFO closes on November 29, 2010 and will reopen for public for ongoing buying and selling of units in an open end manner thereafter.  This is a fund that seeks [...]