As the Indian real estate sector experiences a resurgence, driven by rising demand in both residential and commercial spaces, real estate mutual funds have become an increasingly appealing option for investors. The sector has benefitted from strong government initiatives and increased urbanisation, which have boosted infrastructure development. With the commercial and residential markets witnessing a …
Making your first crore is a financial milestone that many young earners aspire to achieve. While it might sound intimidating, the path to this goal is more straightforward than it seems. With systematic investing, disciplined planning, and patience, anyone can build substantial wealth over time. This article is especially relevant for Gen Z—those in their …
Baroda BNP Paribas Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for its hybrid fund. This announcement provides unit holders with the specifics regarding the payout and record date. Distribution Details Under the IDCW option, the Baroda BNP Paribas Aggressive Hybrid Direct-IDCW will distribute ₹0.15 per unit, while …
Canara Robeco Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for its Mid Cap Fund. This update provides crucial details for investors looking to track their portfolio performance and payouts. Income Distribution Details For investors opting for the IDCW plan, the distribution amounts have been declared as follows: …
SBI Mutual Fund has announced the suspension of fresh subscriptions to its international scheme, the SBI International Access – US Equity FoF. This move aims to prevent breaching the industry-wide overseas investment limit set by the Reserve Bank of India (RBI). The fund house informed unitholders about this development through an official notice-cum-addendum. Effective Date …
What Are Dynamic Asset Allocation Mutual Funds? Dynamic Asset Allocation Mutual Funds, also known as Balanced Advantage Funds, are hybrid funds that invest in a mix of equities and fixed-income instruments. The key feature of these funds is their ability to dynamically adjust the asset allocation based on prevailing market conditions. This flexibility aims to …
DSP Mutual Fund has announced a benchmark update for its Fixed Maturity Plan (FMP) Series 264 – 60M – 17D. Effective December 31, 2024, the scheme will transition from the CRISIL Medium to Long Term Debt Index to the CRISIL Medium to Long Duration Debt A-III Index. Details of the Benchmark Change The CRISIL Medium …
Exchange-traded funds (ETFs) have become a favoured choice for Indian investors in recent years. Thanks to a more diverse financial environment and greater access to global markets, ETFs offer a low-cost, simple approach to building a diversified portfolio. Popular with both retail and institutional investors, they track various indices and asset classes while providing flexibility …
DSP Focus Fund, managed by DSP Mutual Fund, is an open-ended equity scheme that concentrates its investments in a select portfolio of up to 30 stocks spanning large, mid, and small-cap companies. This focused approach aims to generate long-term capital appreciation by investing in high-conviction ideas with significant growth potential. Notably, the fund’s exit load …
Bajaj Finserv Asset Management Company (AMC) has announced the launch of the Bajaj Finserv Gilt Fund, an open-ended debt scheme focused on government securities. The fund, designed for low credit risk and reasonable returns, opens for subscription on December 30, 2024, and closes on January 13, 2025. Investment Objective The fund’s investment objective is to …
