UTI Mutual Fund has introduced the UTI Multi Cap Fund, an open-ended equity scheme that will invest across large-cap, mid-cap, and small-cap segments. The New Fund Offer (NFO) will open on April 29, 2025, and close on May 13, 2025. Fund Structure and Investment Allocation The fund is to maintain a minimum of 25% allocation …
Bandhan Mutual Fund has announced income distribution for its Bandhan Aggressive Hybrid Fund under the Income Distribution cum Capital Withdrawal (IDCW) option. The declaration applies to both the regular and direct plans of the scheme. IDCW Amount Details The declared IDCW amount for the Bandhan Aggressive Hybrid Fund – Direct Plan is ₹0.120 per unit. …
HDFC Mutual Fund and DSP Mutual Fund have announced the launch of New Fund Offers (NFOs) scheduled to open for subscription on April 28, 2025. The schemes focus on short-term debt exposure and silver investments, respectively. HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund HDFC Mutual Fund has launched the HDFC CRISIL-IBX Financial Services …
Exchange-traded funds (ETFs) are steadily making their way into the investment mainstream. Thanks to their low expense ratios, transparency, and ease of access to multiple asset classes, more investors are beginning to view ETFs as a practical investment avenue. As interest continues to grow, it’s important to understand how ETFs are taxed in India. The …
Two index funds have opened for subscription: one from Edelweiss Mutual Fund tracking the digital economy, and another from Bajaj Finserv based on the Nifty 50 Index. Edelweiss BSE Internet Economy Index Fund Edelweiss Mutual Fund has launched the Edelweiss BSE Internet Economy Index Fund. It is structured to replicate the BSE Internet Economy Total …
Baroda BNP Paribas Mutual Fund and DSP Mutual Fund have released details for income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for selected schemes. The record date for all listed schemes is April 28, 2025. Baroda BNP Paribas Mutual Fund Baroda BNP Paribas Mutual Fund will distribute income under both Aggressive Hybrid …
According to ICRA Analytics, the Indian mutual fund industry’s average assets under management (AAUM) surged 21.32% year-on-year in March 2025. This marks a strong annual expansion, demonstrating robust investor interest and asset accumulation in the mutual fund space. However, a month-on-month decline of 1.25% from February 2025 was observed, indicating a short-term contraction across several …
UTI Asset Management Company (UTI AMC) has integrated with the Open Network for Digital Commerce (ONDC) in collaboration with fintech firm Cybrilla. This will allow UTI Mutual Fund to offer its investment products on the ONDC platform, a government-backed initiative to support digital commerce through an open, interoperable network. Focus on Tier 2 and Tier …
SBI Mutual Fund has introduced a new open-ended scheme named the SBI Income Plus Arbitrage Active Fund of Fund. The New Fund Offer (NFO) will open on April 23, 2025, and close on April 30, 2025. The fund follows a Fund of Fund structure, meaning it will invest in other mutual fund schemes rather than …
Direct plans are mutual fund schemes offered directly by asset management companies (AMCs), bypassing intermediaries or distributors. These plans have lower expense ratios and are often chosen by investors who seek to maximise returns by avoiding distribution costs. SBI Mutual Fund: Leading the Pack in Direct Plan AUM SBI Mutual Fund holds the top position …
