New Fund Offers (NFOs) allow mutual fund houses to introduce new schemes, catering to a range of investment goals, from equity and debt to thematic or sector-specific opportunities. In the second half of December 2024, there are a few NFOs set to hit the market. With year-end financial planning underway, these upcoming NFOs could align …
WhiteOak Capital Mutual Fund has recently filed a draft for its proposed WhiteOak Capital Equity Savings Fund. This scheme falls under the hybrid-equity savings category, targeting a balanced mix of equity, arbitrage, and debt investments. Below is a breakdown of the fund’s objectives and structure. Investment Objective & Strategy The WhiteOak Capital Equity Savings Fund …
The cash holding of equity mutual fund (MF) schemes fell to 5.4% in November, marking the lowest level in four months. This drop comes as net inflows into equity schemes fell 14% month-on-month, signalling cautious investor sentiment. Recent Trends Cash levels had peaked at 6% in September but began declining in October amid a market …
360 ONE Mutual Fund, formerly known as IIFL Mutual Fund, has filed a draft for the launch of its 360 ONE Gold ETF. This open-ended exchange-traded fund (ETF) aims to replicate the domestic prices of physical gold, providing investors with an avenue for long-term capital appreciation. Each unit in the New Fund Offer (NFO) will …
360 ONE Mutual Fund (previously IIFL Mutual Fund) has announced the launch of the 360 ONE Silver ETF, filing its draft papers with SEBI. This open-ended exchange-traded fund (ETF) aims to mirror domestic silver prices, offering investors an opportunity to track the performance of the precious metal while leveraging the liquidity of stock exchanges. Key …
Edelweiss Mutual Fund has announced a name change for one of its debt index schemes. Effective December 19, 2024, the Edelweiss CRISIL IBX AAA Financial Services – Jan 2028 Index Fund will be renamed to Edelweiss CRISIL IBX AAA Financial Services Bond – Jan 2028 Index Fund. This change is nominal and does not impact …
Edelweiss Asset Management introduces the Edelweiss BSE Premium Consumption ETF, a product designed to replicate the BSE Premium Consumption Total Return Index. As an open-ended Exchange Traded Fund (ETF), it aims to provide investors with performance that closely aligns with the benchmark index. The fund’s structure, objectives, and operational details reflect a focus on transparency …
ICICI Prudential Mutual Fund is to introduce a new investment opportunity through the launch of the ICICI Prudential Nifty 500 Index Fund. This open-ended index scheme aims to replicate the Nifty 500 Index, offering investors exposure to 500 of India’s largest companies by market capitalisation. The New Fund Offer (NFO) will be open for subscription …
Introduction TATA CRISIL IBX AAA NBFC June 2027 Index Fund is an open-ended target maturity index fund that aims to track the performance of the CRISIL IBX AAA NBFC June 2027 Index. This product is designed for investors seeking income over the target maturity period and those interested in investing in securities with a composition …
Aditya Birla Sun Life Mutual Fund has announced the launch of the Aditya Birla Sun Life Conglomerate Fund, a diversified equity scheme with a focus on India’s leading conglomerates. The New Fund Offer (NFO) opens on December 5, 2024, and closes on December 19, 2024. Following the allotment, the fund will reopen for regular purchases …
