India’s mutual fund industry continues to exhibit robust growth, with its Assets Under Management (AUM) reaching a new milestone of ₹66.70 lakh crore in August 2024, according to data from the Association for Mutual Funds in India (AMFI). This substantial increase reflects a surge in investor interest driven by factors such as India’s burgeoning economy …
WhiteOak Capital Mutual Fund is to launch its latest investment opportunity, the WhiteOak Capital Digital Bharat Fund. This open-ended equity fund is set to begin accepting subscriptions on September 20, 2024, and will remain open until October 4, 2024. Fund Details & Terms The Digital Bharat Fund is tailored for those looking to invest in …
Introduction Aditya Birla Sun Life Income Optimiser Fund of Funds has filed its draft papers with the Securities and Exchange Board of India (SEBI). This open-ended fund of funds scheme will invest in both equity-oriented and debt-oriented schemes. Here’s a breakdown of the fund’s objectives, asset allocation, key personnel managing the fund, and more. Fund …
The HDFC Mutual Fund has submitted a draft scheme information document (SID) for the HDFC Equity Allocator Fund of Funds with the Securities and Exchange Board of India (SEBI). Below is a comprehensive breakdown of the key aspects of the fund. The objective of the Scheme The primary objective of the HDFC Equity Allocator Fund …
Fund Objective The primary objective of the DSP Dividend Yield Fund is to provide capital appreciation and/or dividend distribution. This is achieved through a well-diversified portfolio of equity and equity-related instruments from dividend-yielding companies. However, like most mutual funds, there is no assurance that the objective will be realized. Category of the Mutual Fund The …
Introduction Mirae Asset Investment Managers (India) Private Limited has filed a draft paper with SEBI for their new scheme—Mirae Asset Long Duration Fund. This is an open-ended debt scheme designed to invest in instruments where the portfolio’s Macaulay duration exceeds 7 years. Let’s dive into the key details of this fund. Mirae Asset Long Duration …
Introduction The Kotak Nifty Smallcap 250 Index Fund is an open-ended index fund that replicates the Nifty Smallcap 250 Index. This fund is suitable for long-term investors seeking growth aligned with the performance of small-cap companies in India. The goal is to provide returns corresponding to the Nifty Smallcap 250 Index, subject to tracking errors. …
Baroda BNP Paribas Mutual Fund is set to launch its new fund offer (NFO) for the Baroda BNP Paribas Nifty 200 Momentum 30 Index Fund, opening on September 25, 2024, and closing on October 9, 2024. This fund is specifically designed to capitalize on the momentum investing strategy, targeting the top 30 momentum stocks within …
Tata AIA Life Insurance has officially launched the Tata AIA NIFTY Alpha 50 Index Fund, a new open-ended New Fund Offering (NFO) designed to combine investment potential with life insurance protection. This fund features an alpha investing strategy, allowing investors to benefit from anticipated growth while securing their loved ones through unit-linked insurance products. The …
Fund Name: Tata India Innovation Fund The Tata India Innovation Fund is an open-ended equity scheme that primarily invests in companies engaged in innovative strategies and themes. It focuses on firms expected to benefit from advancements in technology, products, and services, providing investors with opportunities for long-term capital appreciation. Objective of the Fund The fund’s …
