Lump sum investments are a popular choice for individuals with a substantial amount of money to invest and a long-term financial goal. They offer the potential for significant wealth creation over time but also come with inherent risks due to market volatility. This article explores how a ₹6.5 lakh lump sum investment in mutual funds …
The mutual fund industry witnessed a notable increase in cash holdings in December 2024. The total cash pile of mutual funds rose by ₹6,937 crore on a monthly basis, from ₹1.80 lakh crore in November to about ₹1.87 lakh crore in December. This rise highlights changing trends in cash allocation and equity asset management among …
According to a report, asset management companies (AMCs) launched 239 new fund offerings (NFOs) in 2024, collecting ₹1.18 trillion. Sectoral and thematic equity funds emerged as investor favourites. NFO Growth Over the Years The NFO market has grown significantly in recent years. In comparison: 2024: 239 NFOs raised ₹1.18 trillion. 2023: 212 NFOs collected ₹63,854 …
The Securities and Exchange Board of India (SEBI) has taken a significant step towards enhancing financial inclusion in India. Speaking at a recent symposium, SEBI Chairperson Madhabi Puri Buch unveiled plans to introduce a ₹250 minimum systematic investment plan (SIP). As per news reports, this initiative aims to encourage small-scale investments in mutual funds, thereby …
Nippon India Mutual Fund has announced an income distribution of ₹0.20 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option of its Nippon India Balanced Advantage Fund. This income distribution applies to both the regular and direct plans of the fund. The record date for this distribution is January 13, 2025. Fund Overview …
The mutual fund industry in India has witnessed remarkable growth in 2024, with data from the Association of Mutual Funds in India (AMFI) showcasing significant expansion across multiple fund houses. In this analysis, we explore the asset under management (AUM) growth trends, highlighting the leading players and their performance over the past year. Top Performers …
HDFC Securities, a prominent broking firm and subsidiary of HDFC Bank, has announced a remarkable milestone in its journey. The company’s mutual fund Assets Under Management (AUM) have exceeded ₹25,000 crore, showcasing its robust growth and dedication to empowering investors with long-term wealth creation strategies. Key Drivers Behind the Achievement The exceptional growth in AUM …
Nippon Life India Asset Management Limited (NAM India) has announced the launch of the Nippon India Large Cap Fund GIFT, marking its debut offering from the GIFT City platform. This strategic milestone underscores the firm’s commitment to expanding its global footprint and providing innovative investment opportunities to international investors. What Is Nippon India Large Cap …
Public Sector Undertaking (PSU)-themed mutual funds, which focus on investments in state-owned enterprises, have garnered attention for their unique positioning in the market. However, the past three months have posed challenges, with several funds recording negative returns. Recent Performance Trends Over the past three months, PSU-themed mutual funds have struggled, with losses of up to …
Axis Mutual Fund has announced modifications to the Axis All Seasons Debt Fund of Funds, effective February 14, 2025. The scheme will be renamed Axis Income Advantage Fund of Funds. Alongside the name change, the investment objective has been updated. The scheme will now aim to generate optimal medium-term returns by investing in debt-oriented mutual …
