2024 has been a remarkable year for the Indian Mutual Fund (MF) industry, which saw tremendous growth, with Assets Under Management. The AUM touched ₹68,08,101 crore by November 30, as per AMFI data release. This growth story is even more impressive when you consider that, just a decade ago, the AUM stood at ₹10.90 trillion—an …
The Tata Nifty India Tourism Index Fund is an open-ended index fund launched by Tata Mutual Fund on July 8th, 2024. The scheme aims to track the performance of the Nifty India Tourism Index (TRI), but there is no guarantee that it will achieve its objective. Investors can enter the fund with a minimum subscription …
Shriram Mutual Fund launched the Shriram Nifty 1D Rate Liquid ETF on July 1st, 2024. This open-ended Exchange Traded Fund aims to track the NIFTY 1D Rate Index, which invests in Tri-Party Repo on Government securities or treasury bills (TREPS). The investment objective is to provide returns that mirror the index, before expenses, but there …
Kotak Mahindra Mutual Fund offers the Kotak NIFTY 100 Low Volatility 30 Index Fund, an open-ended index fund that aims to mirror the returns of the NIFTY 100 Low Volatility 30 Index, subject to tracking errors. While there’s no guarantee the fund will achieve its objective, it invests in large-cap companies chosen for their low …
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund (NFO) is an open-ended index fund launched by Kotak Mahindra Mutual Fund on March 15, 2024. The scheme aims to generate returns that match (before fees and expenses) the performance of the Nifty AAA Bond Jun 2025 HTM Index. This index tracks the performance of AAA-rated …
JM Small Cap Fund Direct-Growth is a new fund offer (NFO) opened for investment on 27th May 2024. It is an equity small-cap mutual fund scheme that seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of small-cap companies. The closing date for investment is 10th June 2024 and the …
ICICI Prudential Nifty Oil & Gas ETF is an open-ended Exchange Traded Fund (ETF) launched by ICICI Prudential Mutual Fund on July 8th, 2024. The scheme aims to track the performance of the Nifty Oil & Gas TRI, an index that reflects the performance of companies in the oil and gas sector of the Indian …
Helios Mutual Fund is launching a new fund called Helios Financial Services Fund. This fund aims to grow your money over the long term by investing mainly in stocks and similar securities of companies in the financial services sector like banks, insurance companies, etc. There is no guarantee it’ll achieve its goal, but that’s the …
Helios Balanced Advantage Fund (NFO), a new open-ended dynamic asset allocation fund launched by Helios Mutual Fund on March 11, 2024 and closing on March 20, 2024, aims to balance potential upsides of equity with downside risk management through dynamic portfolio allocation in equities, debt, money market instruments, and derivatives. The minimum investment is Rs …
HDFC Mutual Fund launched a new open ended index fund named HDFC NIFTY100 Low Volatility 30 Index Fund on June 21st, 2024. This fund aims to track the performance of the NIFTY 100 Low Volatility 30 Index (TRI), with the goal of generating returns that are comparable to the index (before accounting for fees and …
