Launched in January 2024, HDFC NIFTY PSU BANK ETF is an open-ended scheme (NFO) by HDFC Mutual Fund that aims to deliver returns mirroring the HDFC NIFTY PSU Bank Index (TRI) over the long term, minus fees and expenses. With a minimum investment of Rs 500, the scheme closed for new subscriptions on January 23, …
Axis Mutual Fund has launched a new close-ended debt scheme named Axis Fixed Term Plan – Series 120 (91 Days). The scheme will invest in a portfolio of debt and money market instruments that mature on or before the scheme’s maturity date. The minimum investment amount is Rs 5,000 and the scheme will be open …
Welcome, dear readers, to the intricate world of Asset Management Companies (AMCs) in India. In this blog, we’ll be delving into the dynamic landscape of the Indian AMC market share, exploring the key players, trends, and what it all means for investors. So, buckle up as we embark on this financial journey together! Let’s start …
Tata Mutual Fund has launched a new open-ended fund of fund scheme, Tata Silver ETF Fund of Fund, with an objective to provide returns that are in line with returns provided by Tata Silver Exchange Traded Fund. The scheme is open for subscription between January 2, 2024 and January 16, 2024, with a minimum subscription …
Quant Mutual Fund, under the leadership of Sandeep Tandon, has achieved a significant milestone by crossing Rs 50,000 crore in Assets Under Management (AUM). Established in 1996, Quant Mutual Fund boasts over 22 years of experience, emphasising an active, absolute, and unconstrained approach to asset management. This article delves into the key factors contributing to …
In India, there are several mutual fund houses and HDFC is one of them. It is one of the country’s most popular and trusted Asset Management Companies (AMC). HDFC Fund House has more than Rs. 4.4 trillion worth of Assets Under Management (AUM). It offers various mutual fund schemes of different categories like equity, debt, …
In August 2023, people invested a lot more money in equity mutual funds than they did in July this year. The amount of investment reached a high point for the past five months, totalling Rs 20,245.26 crore. In July, it was much lower at Rs 7,625.96 crore, representing a 165% jump from the previous month’s …
Tata Mutual Fund has launched an open-ended fund-of-fund scheme (NFO), Tata Gold ETF Fund of Fund, which aims to provide returns that are in line with the returns of Tata Gold Exchange Traded Fund. The scheme is open for subscription from January 2 to January 16, 2024, with a minimum investment amount of Rs 5,000. …
In the last few years, the financial market has seen a complete transformation. Investment used to be a complex subject, tackled only by seasoned traders and financial institutions. Today, anyone with access to the internet can grow their money quickly and easily through stocks, mutual funds, debt instruments, etc., according to their risk appetites. Among …
A mutual fund is an investment vehicle where funds from multiple investors are pooled together and invested in a basket of different assets like stocks, debt instruments or a combination of both. Since the returns are market-linked, investing in a mutual fund may get you closer to achieving your long-term financial goals. But what if …
