In recent years, exchange-traded funds (ETFs) have emerged as a popular investment choice among Indian investors. With the financial landscape becoming more diversified and access to global markets expanding, ETFs offer a simple, low-cost way to build a diversified portfolio. They have gained traction among both retail and institutional investors due to their ability to …
Edelweiss Mutual Fund is to launch the Edelweiss BSE Capital Markets & Insurance ETF, an open-ended exchange-traded scheme. This ETF aims to replicate or track the performance of the BSE Capital Markets & Insurance Total Return Index (TRI), offering investors a vehicle to align their investments with this specific market segment. Details About the Scheme …
ICICI Prudential Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for three of its funds, ICICI Prudential ELSS Tax Saver Fund, ICICI Prudential Infrastructure Fund, and ICICI Prudential Multicap Fund. The record date for the distribution has been set as December 9, 2024. Details of the Income Distribution …
As the Indian stock market continues to evolve and attract investors, Nifty 50 index funds have emerged as one of the most popular investment choices. Historically, the Nifty 50 index has delivered a strong performance with a compounded annual growth rate (CAGR) of 13.35% over the past 3 years and 16.92% over the last 5 …
Introduction In today’s dynamic financial markets, having a well-diversified portfolio can be key to achieving long-term capital growth. UTI Mutual Fund introduces the UTI Multi Cap Fund, an open-ended equity scheme that spreads investments across large-cap, mid-cap, and small-cap stocks. This blog offers a comprehensive look at the scheme’s objectives, asset allocation, fund management, and …
Introduction The ICICI Prudential Nifty 1D Rate Liquid ETF – Growth introduced exchange-traded fund (ETF) focused on providing short-term savings with high liquidity and low risk. This scheme primarily targets investors seeking moderate returns with a lower risk profile by tracking the Nifty 1D Rate Liquid Index. Recently, ICICI Prudential Asset Management has filed the …
Effective from November 1, 2024, SEBI (Securities and Exchange Board of India) has rolled out three important changes in how Asset Management Companies (AMCs) disclose key information about mutual fund schemes. Aimed at making mutual fund investing more transparent and user-friendly, these changes address critical areas: scheme expenses, returns, and risk assessment. Here’s what you …
New ETFs Launched in India in 2024: An Overview The Indian mutual fund industry witnessed a surge in Exchange-Traded Funds (ETFs) in 2024, with 31 new launches mobilising Rs 1,248 crore as per AMFI data. This boom in ETFs reflects the growing appetite for diversified, low-cost investment options that track various indices, offering investors sector-specific …
Overview of 2024’s Mutual Fund Schemes Indian mutual funds in 2024 have launched schemes that align with market demand for flexibility and sectoral investments, bringing in a mix of open-ended and close-ended schemes. Here, we dive into the number of schemes launched in each category and the total funds mobilised from January to September. Open-Ended …
The UTI Nifty Midcap 150 Quality 50 Index Fund—Regular Plan invests in a diverse portfolio of midcap companies that demonstrate quality attributes in an effort to give investors long-term capital appreciation. The fund focuses on businesses that are part of the Nifty Midcap 150 Quality 50 Index and employs a thematic equity approach. The fund, …
