Kotak Mahindra Mutual Fund launched a close-ended income scheme named Kotak Fixed Maturity Plan Series 330 – 98 Days (NFO). The scheme aims to generate income by investing in debt and money market securities that mature on or before the plan’s maturity date. However, there is no guarantee that the investment objective will be achieved. …
Anand Vardarajan, Chief Business Officer (CBO) at Tata Asset Tata Asset Management’s Chief Business Officer (CBO), Anand Vardarajan, emphasised the fund’s potential to provide higher returns than the Nifty200 Index. The goal of this approach, according to Vardarajan, is to acquire more alpha by identifying the top 30 stocks with the greatest potential. He continued …
Introduction The Quant Small Cap Mutual Fund witnessed notable changes in its portfolio in July 2024, with the addition of three new stocks and the removal of HDFC Bank Ltd. from its top 10 holdings. This blog explores these changes and their implications for investors. Growth in Assets Under Management (AUM) From June to July …
On August 06, 2024, HDFC Mutual Fund launched an index fund, HDFC Nifty500 Multicap 50:25:25 Index Fund. HDFC Nifty500 Multicap 50:25:25 Index Fund is an open-ended scheme replicating/tracking Nifty500 Multicap 50:25:25 Index. Investment Objective HDFC Nifty500 Multicap 50:25:25 Index Fund is likely to generate returns that are commensurate (before fees and expenses) with the performance …
On August 09, 2024, Bank of India Mutual Fund launched its new product, the Bank of India Business Cycle Fund. The New Fund Offer (NFO) opened on August 09, 2024, and will close on August 23, 2024. The Bank of India Business Cycle Fund scheme is an open-ended equity scheme investing in a sector based …
Wondering what the top mutual funds that have been giving returns above benchmarks to their clients are? The following are some great funds worth looking at. Mutual funds allow investors to earn passive income – i.e. without the need to track their investments regularly. Therefore, a mutual fund (especially SIP fund) giving high returns is …
What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
Investing in multinational corporation (MNC) mutual funds can be an attractive option for those seeking exposure to globally diversified companies with strong financial performance. In this article, we delve into the performance, expenses, and other essential metrics of some of the leading MNC mutual funds in India, including Aditya Birla Sun Life MNC Fund, UTI …
An analysis done shows that UTI Nifty 50 Index Fund is the largest index fund with an AUM close to Rs.18,300 crore. HDFC Index Fund Nifty 50 Plan and ICICI Prudential Nifty 50 Index Fund are the next two largest funds in the category with AUM of Rs 16,500 crore and Rs 9,800 crore, respectively. …
Dividend yield mutual funds aim to provide regular income to investors by investing in companies with a consistent history of paying dividends. In this blog, we will explore the top dividend yield mutual funds with the highest annualized returns over the past five years. Additionally, we will examine the potential returns from a Rs 10,000 …
