YES Mutual Fund has announced that Samir Kumar Mitter has been appointed as an Independent Director on the board of the Trustee Company, with effect from 05 March 2019. Details of Samir Kunar Mitter Designation & Age: Independent Director, 66 years Qualification: M.A, LL.BPowered by Capital Market - Live News

YES Mutual Fund has announced that Rana Kapoor, an Associate Director, has resigned from Board of YES Asset Management (India) Limited, with effect from 31 January 2019.Powered by Capital Market - Live News

YES Mutual Fund has launched a new fund named as YES Liquid Fund, an open ended liquid scheme. The New Fund Offer (NFO) price for the scheme is Rs 1000 per unit. The new issue will be open for subscription from 02 January 2019 to 16 January 2019. The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in high quality debt and money market instruments.The scheme offers growth option and dividend options, sup options: daily dividend (reinvestment), weekly dividend (payout & reinvestment), fortnightly dividend (payout & reinvestment) and monthly dividend (payout & reinvestment). The scheme would allocate upto 100% of assets in debt instruments and money market instruments with a maturity / residual maturity of upto 91 Days with low to medium risk profile. The minimum application amount is Rs 10000 and in multiples of Re 1 under all the options.The minimum additional purchase amount is Rs 1000 and in multiples of Re 1 under all the options.The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period. Entry and exit load charge will be nil for the scheme. Benchmark Index for the scheme is CRISIL Liquid Fund Index. The Scheme will be managed by Piyush Baranwal.Powered by Capital Market - Live News