Bandhan Mutual Fund (formerly IDFC Mutual Fund) has filed the draft scheme information deed (SID) with the capital market regulator for Bandhan Nifty Next 50 Index Fund. Bandhan AMC Limited (formerly IDFC Asset Management Company Limited) intends to launch Bandhan Nifty Next 50 Index Fund, which is an open‐ended scheme tracking Nifty Next 50 Index. Objective …
Aditya Birla Sun Life Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for several schemes. The record date for determining eligibility is January 24, 2025. Here’s a breakdown of the payouts for each scheme: Arbitrage Funds For investors in the Aditya Birla SL Arbitrage Fund, the declared distribution …
The Indian mutual fund industry has witnessed remarkable growth, with passive funds emerging as a dominant force. Nippon India Mutual Fund has achieved a significant milestone, commanding an Assets Under Management (AUM) of ₹1.65 lakh crore in passive funds alongside a robust 1.45 crore folios. This reflects not just Nippon’s leadership but also the broader …
Navi Mutual Fund has announced an increase in the minimum application amount for 13 of its schemes, effective February 4, 2025. The minimum investment limit has been raised from ₹10 to ₹100 per application. This change will apply to fresh purchases, additional investments, systematic transactions like SIPs and STPs, and switches. Schemes Impacted by the …
Franklin Templeton Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for select schemes. The record date for this distribution has been set as January 24, 2025. Investors holding units of these schemes on the record date will be eligible for the payout. Summary of Distributions Here is a …
The Edelweiss CRISIL-IBX AAA Bond NBFC-HFC – Jun 2027 Index Fund is an open-ended debt index fund. It invests primarily in AAA-rated bonds issued by Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs), all maturing by June 2027. The fund comes with moderate interest rate risk and relatively low credit risk. Investment Details The …
Bandhan Fixed Maturity Plan – Series 212 is a close-ended debt scheme with a tenure of 93 days. It focuses on generating income by investing in debt and money market instruments that mature within the scheme’s fixed duration. The scheme carries a relatively low interest rate risk and moderate credit risk. The goal of the …
The Kotak BSE Sensex Index Fund is an open-ended scheme that replicates or tracks the performance of the BSE Sensex Index. It falls under the category of index funds and is benchmarked against the BSE Sensex Total Return Index (TRI). The fund’s goal is to generate returns matching the index’s performance before accounting for expenses, …
Axis Mutual Fund has introduced the Axis India Multi-Sector Growth Fund, an open-ended equity scheme with a thematic focus on creating and enabling real assets. Designed to deliver long-term capital appreciation, the fund targets equity and equity-related securities of companies involved in infrastructure, real estate, and other tangible asset creation. Objective and Investment Philosophy The …
Equity mutual funds saw a remarkable rise in inflows, nearly reaching ₹4 trillion in 2024, more than double the amount from the previous year. This surge indicates strong investor confidence and a growing shift toward long-term investing, especially through Systematic Investment Plans (SIPs). 2024: A Strong Year for Equity Mutual Funds In 2024, equity and …
