India’s First EV and New Age Automotive ETF Drops Over 20% in 6 Months

Mirae Asset Mutual Fund introduced the Mirae Asset Nifty EV and New Age Automotive ETF in 2024, marking India’s first Exchange Traded Fund (ETF) dedicated to the Electric Vehicles (EV) and New Age Automotive sector. The fund aims to provide investors with long-term capital appreciation by investing in companies leading innovation in the evolving automotive landscape.

Performance Overview

Since its launch, the ETF has witnessed fluctuations in its Net Asset Value (NAV):

  • 52-week high: ₹35.34 (September 2024)
  • Current NAV (as of March 12, 2025): ₹25.95
  • Six-month decline: 21.62%
  • One-month decline: 6.66%

Portfolio Composition

The ETF invests exclusively in domestic equities, with a diversified allocation across market capitalisations:

  • Large Cap: 47.38%
  • Mid Cap: 19.02%
  • Small Cap: 14.00%

Below are the top holdings of the fund along with their respective weights: 

Security Name Weight (%)
Maruti Suzuki India Ltd. 10.16
Bajaj Auto Ltd. 8.25
Mahindra & Mahindra Ltd. 8.05
Tata Motors Ltd. 7.77
Reliance Industries Ltd. 4.57
L&T Technology Services Ltd. 4.5
Sona BLW Precision Forgings Ltd. 3.86
KPIT Technologies Ltd. 3.82
Tata Elxsi Ltd. 3.64
Bosch Ltd. 3.6

Conclusion

The Mirae Asset Nifty EV and New Age Automotive ETF reflects the evolving automotive sector but has faced volatility, declining over 20% in six months. While the fund provides exposure to key industry leaders, market dynamics and sector trends continue to influence its performance. Investors should track industry developments and market conditions when evaluating such thematic ETFs.

Plan your SBI SIP investments better! Use our easy-to-use SBI SIP Calculator and estimate future returns with just a few clicks. Your financial growth starts here.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Retirement Planning with a One-Time Investment: Can ₹5 Lakh Grow to ₹1.5 Crore Over the Long Term?

Retirement planning is a crucial financial goal that requires strategic investments to ensure a comfortable and independent post-retirement life. Many investors assume they need to make consistent contributions to build a sizable corpus. However, with a well-planned one-time investment, even a modest amount can grow significantly over time due to the power of compounding.

How ₹5 Lakh Can Grow to ₹1.5 Crore

A simple calculation using lumpsum calculator demonstrates how a one-time investment can result in a substantial retirement corpus:

Investment Amount Investment Duration Expected Annualised Returns Total Value After 30 Years Estimated Returns
₹5,00,000 30 Years 12% ₹1,49,79,961 ₹1,44,79,961

The power of compounding ensures that even a single investment, when given enough time, can generate remarkable growth.

Why Consider a One-Time Investment?

A lump sum investment allows investors to benefit from the long-term power of compounding without the need for continuous contributions. Here are some key advantages:

  • No Regular Commitments: Unlike SIPs or monthly contributions, a lump sum investment requires no ongoing deposits.
  • Power of Compounding: The earlier the investment, the longer it has to grow exponentially.
  • No Worries About Market Fluctuations: A long-term perspective smooths out market volatility, enabling higher growth potential.

How Much Retirement Corpus Do You Need?

Determining the required retirement corpus depends on factors such as:

  • Expected Expenses Post-Retirement: Daily living costs, medical expenses, and lifestyle requirements.
  • Inflation Impact: A sum that seems sufficient today may not hold the same value 30 years later.
  • Passive Income Sources: Rental income, pensions, or other financial support structures.

Key Takeaways from This Strategy

  • Start Early: Time is the most crucial factor in wealth creation. The longer your investment horizon, the better the returns.
  • Compounding Magic: Reinvested returns contribute significantly to overall growth.
  • Set Realistic Return Expectations: While 12% is achievable in equity-based investments, actual returns may vary.
  • Diversification Matters: To mitigate risks, consider spreading investments across asset classes.

Final Thoughts

A lump sum investment, if left untouched and allowed to grow over time, can be a powerful way to build wealth for retirement. While market risks exist, a long-term approach increases the likelihood of significant gains. Planning wisely today ensures financial freedom and a stress-free retirement in the future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Max Healthcare to Sign Long-Term Agreement for 200-Bed Hospital in Delhi

Max Healthcare Institute Limited’s Board of Directors held a meeting on March 12, 2025, where they approved an agreement with Bharat Prakritik Chikitsa Mission. This agreement involves a long-term service contract for a 200-bed hospital being built in Pitampura, Delhi.

Hospital Construction Timeline

The construction of this hospital is expected to be completed in 3 to 4 years. Max Healthcare will provide an interest-free, refundable deposit based on the construction milestones as a guarantee for its performance commitments.

About Max Healthcare Institute Ltd

Max Healthcare is one of India’s biggest healthcare providers, running 19 hospitals with over 4,000 beds, mainly in North India. It offers advanced treatments like cancer care, heart surgery and organ transplants. The company also provides home healthcare and pathology services. After merging with Radiant Lifecare in 2020, it became India’s second-largest healthcare company. Max Healthcare also focuses on medical education, research and community welfare programs.

Share performance 

As of March 13, 2025, at 11:30 AM, with a market capitalisation of ₹977.98 billion, the shares of Max Healthcare Institute Ltd are trading at ₹1,006.00 per share, reflecting a surge of 1.64% from the previous day’s closing price. Over the past month, the stock has registered a profit of 0.43%. Its price-to-earnings ratio stands at 97.53. Additionally, it offers a dividend yield of 0.15%. The stock’s 52-week high stands at ₹1,227.95 per share, while its low is ₹719.45 per share.

Conclusion

Max Healthcare’s partnership with Bharat Prakritik Chikitsa Mission marks a crucial step in strengthening the healthcare infrastructure in Delhi. By ensuring financial backing and service commitments, the company reinforces its role in delivering quality medical services. The successful completion of this project will enhance healthcare accessibility and benefit numerous patients in the region.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JSW Neo Energy to Acquire 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has acquired 100% shares of Virya Infrapower Private Limited. With this purchase, Virya Infrapower has now become a step-down subsidiary of JSW Energy. 

About Virya Infrapower Private Limited

Virya Infrapower is a company focused on renewable energy projects in India. It was established on December 17, 2014. It has its registered office in Jaipur, Rajasthan. However, the company has not recorded any revenue from operations in the past three years (FY2022–FY2024).  

Acquisition Rationale & Investment Details

The acquisition allows JSW Neo Energy to gain control of a ready renewable power site with the necessary infrastructure to speed up project development. The deal was completed for an enterprise value of ₹7.54 crores, with full cash consideration for acquiring 100% of the target company.

About JSW Neo Energy Limited

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy, focuses on renewable energy projects, including wind and solar power. Recently, it expanded its portfolio by acquiring a 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd. for ₹12,468 crores. This acquisition boosts its generation capacity by 23%. Aligned with JSW Energy’s vision, the company aims to reach 10 GW capacity by 2025 and 20 GW by 2030, supporting its long-term goal of carbon neutrality by 2050.

Share performance 

As of March 10, 2025, at 12:30 AM, the shares of JSW Energy Ltd are trading at ₹509.10 per share, reflecting a loss of 1.18% from the previous day’s closing price. Over the past month, the stock has registered a profit of 8.86%. The stock’s 52-week high stands at ₹804.90 per share, while its low is ₹418.75 per share.

Conclusion

The acquisition of Virya Infrapower aligns with JSW Neo Energy’s goal of expanding its presence in the renewable energy sector. By securing a pre-developed site, the company can speed up its project execution and strengthen its position in India’s clean energy transition. This move marks another step in JSW Energy’s commitment to sustainable growth and infrastructure development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Infosys Expands Strategic Collaboration with Citizens to Drive AI-led Transformation

Infosys, a global leader in digital services and consulting, has announced the expansion of its strategic collaboration with Citizens Financial Group, one of the largest financial institutions in the United States. This collaboration aims to accelerate AI-led transformation, enhance operational resilience, and foster innovation through cloud-native platforms and FinTech partnerships.

Strengthening Technological Capabilities

Citizens will leverage Infosys’ expertise in AI, cloud computing, and automation to modernise its banking infrastructure. The transformation includes achieving a complete data centre exit, enhancing digital experiences, and integrating AI-powered solutions for personalised customer interactions. Infosys’ AI capabilities, particularly through Infosys Topaz, will be instrumental in achieving these objectives.

Over the past five years, the partnership has already delivered notable successes. These include the development of domain-centric platforms, implementation of a robust data lake, enterprise API integration, 90% test automation, and the successful migration of critical workloads to the cloud. These advancements have strengthened Citizens’ technology framework while ensuring stability and resilience.

Vision for the Future

Michael Ruttledge, Chief Information Officer at Citizens Financial Group, stated, “Infosys has been a key strategic collaborator in Citizens’ next-gen transformation program for the last five years. Together, we have not only modernized our technology landscape with domain-centric, cloud native platforms but also built a foundation for future growth aligned with Citizens’ north star technology vision without losing focus on resiliency and stability.”

Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, commented, “We are excited to strengthen our collaboration with Citizens by leveraging our AI expertise with Infosys Topaz, to advance their transformation objectives and business growth. As we transition to an AI-first world, this collaboration aspires to redefine the possibilities in banking, combining the strengths of both Infosys and Citizens in banking and technology.”

Infosys Share Performance 

As of March 13, 2025, at 1:40 PM, with the market capitalisation of ₹6.56 trillion, the shares of Infosys Ltd are trading at ₹1,582.60 per share, reflecting a decline of 0.52% from the previous day’s closing price. Over the past month, the stock has registered a loss of 14.14% and over the last year it has fallen by 15.93%. The stock’s 52-week high stands at ₹2,006.45 per share, while its 52-week low is ₹1,358.35 per share.

Conclusion

The expanded collaboration between Infosys and Citizens marks a significant step towards AI-driven banking transformation. By harnessing advanced digital technologies, the partnership aims to set new benchmarks in financial services, ensuring greater efficiency, customer engagement, and long-term sustainability.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Aditya Birla Sun Life MF Introduces ‘Choti SIP’ with a ₹250 Entry Point

Aditya Birla Sun Life Mutual Fund (ABSLMF) has introduced ‘Choti SIP’, a new investment plan that allows investors to start a Systematic Investment Plan (SIP) with a minimum of ₹250 per month. The plan is intended to make mutual fund investments more accessible. 

Features

  • Minimum Investment: ₹250 per month
  • Eligible Funds: Available across all schemes except Debt, Sectoral & Thematic, Small, and Midcap Funds
  • Tenure Requirement: Minimum commitment of 60 installments, with the option for early withdrawals
  • Payment Modes: Limited to UPI AutoPay and NACH
  • Growth Option Only: ‘Choti SIP’ is available exclusively under the Growth option

Eligibility Conditions

Existing investors who already hold SIPs, lump sum investments, or mutual funds (other than Choti SIP) are not eligible for this plan. Investors are required to commit to at least 60 installments, but early withdrawal options are available.

About Aditya Birla Sun Life AMC

Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in 1994 and is the investment manager for ABSLMF. It operates across 300+ locations in India and manages an Assets Under Management (AUM) of ₹4 lakh crore as of December 31, 2024.

ABSLAMC is a subsidiary of Aditya Birla Capital Limited (ABCL), which serves as the holding company for the Aditya Birla Group’s financial services businesses. ABCL’s total assets under management stood at ₹5.03 lakh crore, with a lending book of ₹1.46 lakh crore as of the same date.

Conclusion

Aditya Birla Group has business operations in over 40 countries. More than 50% of its revenue comes from international markets across North and South America, Africa, Asia, and Europe.

‘Choti SIP’ was launched on March 5, 2025, and is now available for investors looking to start with small-ticket systematic investments.

Ensure steady returns with systematic withdrawals! Estimate your withdrawals with our SWP Calculator and manage your finances seamlessly.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Mahindra Manulife Mutual Fund Declares Income Distribution Across Multiple Schemes

Mahindra Manulife Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its schemes. The record date for this distribution is set for March 13, 2025. Investors holding units as of this date will be eligible to receive the declared payout per unit.

Payout Details Across Schemes

The fund house has maintained a uniform distribution rate of ₹1.00 per unit across most schemes, ensuring consistency in payouts. Some of the funds receiving this distribution include:

Lower Distribution for Some Schemes

A few funds have received relatively lower payouts, likely showing their investment strategy and portfolio performance. These include:

IDCW Payout

For investors seeking periodic cash flows, IDCW distributions provide liquidity while retaining the investment’s growth potential. However, tax implications differ from capital appreciation, as IDCW payouts are taxable at the investor’s slab rate.

Impact on NAV

Since IDCW distributions are paid out from the scheme’s assets, the Net Asset Value (NAV) of the fund will decline by the corresponding amount on the payout date. Investors opting for IDCW should note this.

Conclusion

Mahindra Manulife Mutual Fund’s distribution highlights its plan to offer steady returns across diverse fund categories. While IDCW provides an option for regular income, investors should align their choices with financial goals and tax considerations.

Curious about your SBI SIP returns? Get accurate estimates of your investment growth using our SBI SIP Calculator and stay ahead of your financial goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

How Long Does It Take to Build Over ₹3.5 Crore Retirement Corpus with Monthly SIPs of ₹10,000, ₹15,000, or ₹25,000?

Building over ₹3.5 crore corpus may seem like a distant dream, but with early and consistent investing, it is achievable much sooner than retirement. The key lies in the power of compounding—where your money generates returns, and those returns further generate earnings over time.

Let’s explore different scenarios to understand how quickly you can accumulate over ₹3.5 crore by investing systematically every month.

Scenario 1: Monthly SIP of ₹10,000

If you begin investing ₹10,000 per month at the age of 25, here’s how your corpus grows depending on the rate of return:

At 12% annualised return:

  • Total value after 30 years: ₹3,52,99,138
  • Invested amount: ₹36,00,000
  • Estimated returns: ₹3,16,99,138

At 14% annualised return:

  • Total value after 27 years: ₹3,63,05,328
  • Invested amount: ₹32,40,000
  • Estimated returns: ₹3,30,65,328

With a slightly higher return rate, you can reach your goal 3 years earlier.

Scenario 2: Monthly SIP of ₹15,000

Increasing your investment can significantly shorten the time required to accumulate over ₹3.5 crore.

At 12% annualised return:

  • Total value after 27 years: ₹3,65,51,043
  • Invested amount: ₹48,60,000
  • Estimated returns: ₹3,16,91,043

At 14% annualised return:

  • Total value after 24 years: ₹3,54,24,542
  • Invested amount: ₹43,20,000
  • Estimated returns: ₹3,11,04,542

Takeaway: Investing ₹15,000 per month helps you reach ₹3.5 crore at least 3 to 6 years earlier compared to a ₹10,000 SIP.

Scenario 3: Monthly SIP of ₹25,000

For those who can afford a higher investment, the goal can be reached even sooner.

At 12% annualised return:

  • Total value after 23 years: ₹3,68,26,432
  • Invested amount: ₹69,00,000
  • Estimated returns: ₹2,99,26,432

At 14% annualised return:

  • Total value after 21 years: ₹3,81,47,055
  • Invested amount: ₹63,00,000
  • Estimated returns: ₹3,18,47,055

Takeaway: A higher SIP helps you build wealth faster—potentially achieving over ₹3.5 crore around 21 years at a 14% return rate.

Note: All calculations in this article have been done using an SIP calculator to estimate the potential corpus based on different investment scenarios.

Conclusion

The power of compounding works best with consistency, patience, and discipline. Regardless of your initial investment capacity, starting early and staying invested can help you reach your financial goals much faster. Whether it’s ₹10,000, ₹15,000, or ₹25,000 per month, your investments today will shape your financial independence in the future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Home Loan: 5 Things You Must Do After Repayment to Avoid Future Problems

A home loan is a long-term financial commitment that requires years of disciplined repayments. Naturally, completing the final EMI brings a sense of relief and accomplishment. However, before celebrating, there are critical post-loan formalities to complete. Ignoring these can lead to significant issues in the future. Here are 5 essential steps to take after repaying your home loan.

1. Retrieve Your Original Property Documents

When taking a home loan, banks require you to submit the original property documents as collateral. Once the loan is fully repaid, retrieving these documents is the first and most crucial step. Ensure you collect all relevant papers, including:

  • Allotment letter
  • Possession letter
  • Sale deed
  • Builder-buyer agreement

Carefully verify that all pages are intact and in good condition, as missing or damaged documents can cause legal hassles when selling or transferring ownership in the future.

2. Confirm the Removal of the Lien on Your Property

A lien is a legal right that the lender holds over your property as security for the loan. If you default, the bank can claim ownership. Once the loan is cleared, you must confirm that the lender has officially removed the lien.

To do this, visit the local registrar’s office with proof of loan closure and request the necessary updates in land records. This step is essential to regain full legal ownership of your property.

3. Obtain a No Dues Certificate

A No Dues Certificate (NDC) is an official document issued by the bank, certifying that your loan has been fully repaid and no outstanding amount remains. This document should include:

  • Borrower’s name
  • Loan account number
  • Property address
  • Loan amount
  • Loan start and repayment completion dates

Holding this certificate ensures that there are no future disputes with the bank regarding your loan.

4. Get a Non-Encumbrance Certificate for Legal Clarity

A Non-Encumbrance Certificate (NEC) serves as proof that the property is free from any financial liabilities or pending loans. This document is essential for:

  • Selling the property in the future
  • Applying for another loan using the same property as collateral
  • Establishing a clear legal title

You can obtain an NEC from the local registrar’s office or through an online application, depending on your state’s regulations.

5. Update Your Credit Report After Home Loan Closure

Once the loan is repaid, your credit profile should reflect the closure of the home loan. However, sometimes, banks take time to update this information with credit bureaus. A delayed update can affect your eligibility for future loans.

Monitor your credit report and follow up with the lender if the loan closure is not reflected. A timely update helps maintain a strong credit score, which is crucial for obtaining credit cards, personal loans, or any other financial assistance in the future.

Conclusion

Repaying your home loan is a significant milestone, but it doesn’t mark the end of your financial responsibilities. Ensuring that all post-loan formalities are completed will safeguard you from potential legal and financial complications. Taking these five crucial steps will provide peace of mind and ensure that your property rights remain undisputed.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SIP Exit Surge to 122% in February 2025 – Know the Reason

The Indian mutual fund industry witnessed a sharp rise in Systematic Investment Plan (SIP) discontinuations in February 2025, highlighting growing investor caution. The SIP stoppage ratio—calculated as the percentage of SIPs discontinued or tenure completed divided by new SIP registrations—rose to 122% from 109% in January 2025. This indicates that a higher number of investors chose to halt their SIP contributions rather than initiate new ones.

Impact on Active SIP Accounts

According to the Association of Mutual Funds in India (AMFI), while 44.56 lakh new SIP accounts were opened in February, approximately 54.70 lakh SIPs were discontinued. This led to an overall decline in active SIPs. However, it is important to note that a portion of these discontinuations—around 12-15 lakh accounts—was due to reconciliation adjustments with stock exchanges and RTAs related to 2024 data. Despite this factor, the number of contributing SIP accounts dropped from 8.34 crore in January to 8.26 crore in February, reflecting a cautious investor approach.

SIP Collections Decline Amid Market Uncertainty

The increase in SIP stoppages had a direct impact on total SIP collections, which fell to ₹ 25,999 crore in February, down from ₹ 26,400 crore in January 2025. This suggests that investors are becoming more risk-averse, possibly in response to market volatility and economic uncertainties.

Equity and Debt Inflows See Significant Shifts

Adding to concerns, net inflows into equity mutual funds fell sharply to ₹ 29,303.34 crore in February 2025 from ₹ 39,688 crore in January 2025. The debt fund segment also experienced notable movement, with net outflows of ₹ 6,525.56 crore in February, a stark reversal from the ₹ 1,28,652.58 crore net inflows recorded in January. These fluctuations highlight shifting investor preferences amid changing market dynamics.

Looking Ahead: Market Sentiment and Investment Behaviour

Though investor caution is evident, historical trends suggest that market resilience and long-term wealth creation through SIPs often reward disciplined investors. Whether the current trend persists or reverses will depend on broader economic factors and market developments in the months ahead.

Ready to watch your savings grow? Try our SIP Calculator today and unlock the potential of disciplined investing. Perfect for planning your financial future. Start now!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.