Motilal Oswal Mutual Fund has launched a new open-ended equity scheme named Motilal Oswal Manufacturing Fund. The investment objective of this thematic fund is to achieve long-term capital appreciation by investing in equity and equity-related instruments of companies engaged in manufacturing activities. The new fund offering opened on July 19, 2024, and will close on …
Bank of India Multi Asset Allocation Fund is a new open-ended fund launched on February 7th, 2024, aiming for long-term capital growth through a mix of equity, debt, and gold investments. It has a minimum investment of Rs 5,000 and offers indexation benefits for tax purposes. While there’s no exit load after one year, there’s …
Navi Nifty 500 Multicap 50:25:25 Index Fund is an open-ended index fund launched by Navi Mutual Fund on July 18, 2024. The investment objective of this scheme is to track the performance of the Nifty 500 Multicap 50:25:25 Index, which means the fund will invest in the same proportion of stocks that are included in …
The Securities and Exchange Board of India (SEBI) has introduced new regulations aimed at enhancing the ease of doing business for Mutual Funds (MFs). This article delves into the key aspects of SEBI’s circular dated July 8, 2024, which streamlines prudential norms for passive schemes regarding exposure to securities of group companies of the sponsor …
Planting the Seeds of Wealth Warren Buffett once said, “Somebody’s sitting in the shade today because someone planted a tree a long time ago.” This quote captures the essence of long-term investing. In a world where the attention span seems to be shrinking with each passing day, it’s easy to get caught up in the …
On July 1, 2024, Computer Age Management Services Ltd, India’s largest registrar and transfer agent for mutual funds regulated by SEBI, announced a partnership with Google Cloud to revolutionise financial services. Computer Age Management Services Ltd has been a cornerstone of India’s asset management industry for nearly 30 years, facilitating growth, compliance, and investor services. …
Kotak Mutual Fund has lifted the restriction on investments in its small-cap fund after a four-month hiatus, citing growth in earnings within this sector. Stability After Elections “Starting July 2, we will resume accepting subscriptions for units in the Kotak Small Cap Fund. The political uncertainties around India’s elections are now behind us, reducing market …
Investor Worries and SEBI Investigation Following allegations of front-running, the Securities and Exchange Board of India (SEBI) has launched a probe into Quant Mutual Fund. This has raised concerns among investors about the safety of their investments in various Quant MF schemes. Stress Test Results: Liquidity of Small-Cap Portfolio Quant Mutual Fund released the stress …
Bajaj Allianz Life, one of India’s leading private life insurers, has introduced the Bajaj Allianz Life Nifty Alpha 50 Index Fund. This new fund is available to customers who currently have or will purchase ULIP products. The fund offers a unique opportunity for investors to capitalize on the growth potential of high-alpha stocks, diversify their …
Mutual fund investors have long favored Quant Mutual Schemes, not just for their appealing name, but due to their consistent outperformance. Take, for instance, the Quant Small Cap Fund, which has been surpassing the BSE 250 Smallcap TRI and the average returns of small-cap funds on a year-to-date (YTD) basis, as well as over the …
