Product Updates

Date Title May 29, 2017 HDFC Banking & Financial Services Fund May 29, 2017 Indiabulls Dual Advantage Tax Saving Fund May 29, 2017 L&T FMP – SERIES XVI-Plan A to Plan D May 29, 2017 Sundaram Fixed Term Plan - IC – ID May 26, 2017 Birla Sun Life Resurgent India Fund - Series 4 & 5 May 26, 2017 Franklin India Fixed Maturity Plans – Series 2 May 24, 2017 HSBC Fixed Term Series 130-131 (HFTS 130-131) May 16, 2017 Sundaram Select Micro Cap Series XVI – XVIII May 16, 2017 Sundaram Turnaround Fund Series I –II May 03, 2017 Axis Balanced Advantage Fund May 03, 2017 DSP BlackRock Corporate Bond Fund Ma...

The initial public offer (IPO) of Sterlite Power Grid Ventures infrastructure investment trust (InvIT), which aims to raise Rs 2,650 crore, is likely to hit the markets in the second week of May . The India Grid Trust (IndiGrid) sponsored by Sterlite Power Grid Ventures and Sterlite Infraventures is expected to file its final IPO papers with the market regulator Security Exchange Board of India (SEBI) on Tuesday, official sources told PTI. If all goes well, IndiGrid Trust would become the second trust after IRB InvIT Fund, which will launch its IPO on May 3, to hit the markets in less than a month. IndiGrid Trust will house two power transmission projects, namely, Bhopal Dhule Transmission Company (BDTCL) and Jabalpur Transmission Company (JTCL). The trust plans to utilise the proceeds raised through this IPO for providing loans to BDTCL and JTCL for repayment or pre-payment of debt of banks, financial institutions, Sterlite Grid 1, Sterlite Grid 2 and repayment of any other ...