Mutual fund investments often come with recurring costs that investors need to be aware of—even if they stop investing actively. One such cost is the expense ratio, which continues to apply as long as you hold units of a mutual fund, even after you stop your Systematic Investment Plan (SIP). In this blog, we break …
Mutual fund houses HSBC and Mirae Asset have declared income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for several of their schemes. The record date for all declared distributions stands as March 25, 2025. HSBC Mutual Fund HSBC Mutual Fund has announced IDCW payouts under five of its mutual fund schemes, with …
Systematic Investment Plans (SIPs) have emerged as an effective tool for wealth creation. With consistent investments over time, SIPs help individuals build a corpus to achieve various financial goals, including retirement. The beauty of SIPs lies in their compounding power, where the earlier you start, the greater the impact on your investment. But how much …
ICICI Prudential Mutual Fund has announced a New Fund Offer (NFO) under its ETF category – ICICI Prudential Nifty EV & New Age Automotive ETF FoF. This is an open-ended fund-of-fund (FoF) scheme that will invest in units of the ICICI Prudential Nifty EV & New Age Automotive ETF. Fund Details Fund Name: ICICI Prudential …
The mutual fund industry in India has grown exponentially over recent years, becoming a major player in the country’s capital market. According to the latest Economic Survey, mutual funds now account for almost one-third of total capital market participation in India, a remarkable achievement considering the rapid pace of growth. The Scale of Participation in …
Aditya Birla Sun Life Mutual Fund has announced the merger of its CRISIL IBX 60:40 SDL + AAA PSU – Apr 2025 Index Fund into the Aditya Birla Sun Life Corporate Bond Fund. The merger will take effect on April 30, 2025. Fund Will Cease to Exist Post Merger After the merger, the Aditya Birla …
As the financial year 2024–25 draws to a close, individuals still have a brief window to make tax-saving investments. From 1 April 2025, the new financial year 2025–26 begins, and those following the old tax regime can still take advantage of Section 80C provisions. This section allows deductions of up to ₹1.5 lakh when invested …
Infrastructure mutual funds are a category of sectoral or thematic equity funds that invest specifically in companies engaged in the infrastructure space. These companies are either directly or indirectly involved in building, maintaining, or supporting the development of infrastructure in the country. Their scope extends across a wide range of industries, including: Roads and highways …
Two major asset management companies – Invesco Mutual Fund and DSP Mutual Fund have announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for select schemes, with the record date fixed for March 28, 2025. Invesco Mutual Fund Invesco Mutual Fund declared income distribution for two of its prominent schemes: Scheme Name …
Mutual funds have grown into one of the most favoured investment avenues in India due to their relatively low entry barrier, diversification benefits, and long-term wealth creation potential. But while most investors understand the taxation of mutual funds during their lifetime, fewer are aware of how these funds are treated when inherited. If you’ve recently …
