Multi-Asset Allocation Mutual Funds are hybrid schemes that strategically invest across diverse asset classes, including equity, debt, cash, and commodities. These funds aim to provide investors with long-term capital growth and stable returns by leveraging the best opportunities across various instruments. The primary focus is on equity investments, allowing investors to benefit from market opportunities …
Kotak Mutual Fund has introduced the Kotak Crisil-IBX AAA Financial Services Index – Sep 2027 Fund, an open-ended Target Maturity Debt Index Fund. This fund will invest in the CRISIL-IBX AAA Financial Services Index – Sep 2027, which features relatively high interest rate risk and low credit risk. The new fund offer (NFO) opened for …
ITI Mutual Fund is ambitiously targeting an AUM of ₹1 trillion within the next 5 years. The fund manager attributes this optimistic outlook to the increasing popularity of mutual funds among Indian investors, particularly through systematic investment plans (SIPs). ITI MF’s AUM has experienced substantial growth, surging nearly 2.4 times to ₹8,791 crore in July …
A New Fund Offering (NFO) is when a mutual fund or Exchange-Traded Fund (ETF) is first made available to investors. It works similarly to an Initial Public Offering (IPO), where a company raises capital by selling its shares to the public. During an NFO, investors can purchase fund units at a fixed price. This offering …
Travel and tourism in India have witnessed a significant surge in recent years, with more people prioritizing experiences over material possessions. Kotak Mahindra Asset Management has tapped into this growing trend by introducing the Kotak Nifty India Tourism Index Fund, an open-ended scheme designed to replicate or track the Nifty India Tourism Index. Travel Boom: …
Edelweiss Mutual Fund Edelweiss Mutual Funds is a rising name in India’s mutual fund industry, backed by the expertise of Edelweiss Financial Services Ltd. The company recently launched the Edelweiss Nifty Bank ETF, an open-ended exchange-traded fund (ETF) designed to track the performance of the Nifty Bank Total Return Index. The New Fund Offer (NFO) …
Baroda BNP Paribas Mutual Fund has announced the launch of the Baroda BNP Paribas Dividend Yield Fund, an open-ended equity scheme, which began on August 22, 2024. Investors now have the opportunity to subscribe to the fund until September 5, 2024. The minimum investment required to participate is Rs. 1,000, making it accessible to a …
Bandhan Mutual Fund has introduced a new investment opportunity with the launch of the Bandhan Nifty Midcap 150 Index Fund. This open-ended scheme is designed to track the Nifty Midcap 150 Index, offering investors a chance to participate in the midcap segment of the Indian stock market. The New Fund Offer (NFO) is currently open …
Nippon India Mutual Fund has announced significant revisions to the subscription limits for its popular Nippon India Small Cap Fund, effective from August 16, 2024. These changes are set to impact new investors looking to enter the fund through Systematic Investment Plans (SIPs) or Systematic Transfer Plans (STPs). Key Changes in Subscription Limits Previously, the …
In a groundbreaking initiative, DSP Mutual Fund has introduced India’s very first Nifty Top 10 Equal Weight Index Fund and ETF. This innovative offering provides investors with a unique opportunity to invest equally in the top 10 Indian companies by free float market capitalization as listed on the Nifty Index. With a strategy rooted in …
