What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
Investing in multinational corporation (MNC) mutual funds can be an attractive option for those seeking exposure to globally diversified companies with strong financial performance. In this article, we delve into the performance, expenses, and other essential metrics of some of the leading MNC mutual funds in India, including Aditya Birla Sun Life MNC Fund, UTI …
An analysis done shows that UTI Nifty 50 Index Fund is the largest index fund with an AUM close to Rs.18,300 crore. HDFC Index Fund Nifty 50 Plan and ICICI Prudential Nifty 50 Index Fund are the next two largest funds in the category with AUM of Rs 16,500 crore and Rs 9,800 crore, respectively. …
Dividend yield mutual funds aim to provide regular income to investors by investing in companies with a consistent history of paying dividends. In this blog, we will explore the top dividend yield mutual funds with the highest annualized returns over the past five years. Additionally, we will examine the potential returns from a Rs 10,000 …
Background The case stems from a Show Cause Notice (SCN) issued on November 6, 2023, by the Securities and Exchange Board of India (SEBI) to HSBC Asset Management (India) Private Limited. This notice was related to the inspection of L&T Mutual Fund, which was managed by L&T Investment Management Limited until it was acquired by …
Mirae Asset Investment Managers (India) Pvt. Ltd. announced the withdrawal of the existing temporary suspension on subscriptions for the Mirae Asset Large and Midcap Fund, formerly known as the Mirae Asset Emerging Bluechip Fund. Starting from August 1, 2024, the fund will resume accepting subscriptions across all modes—Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), …
Over the past five years ending in June 2024, an analysis of the top 30 active equity funds by AUM reveals that 12 funds outperformed their respective benchmarks. Notably, the Quant Small Cap Fund, SBI Contra Fund, and Nippon India Small Cap Fund stood out, each generating over 5% alpha. The Quant Small Cap Fund, …
Mutual funds in India are a type of investment vehicle that pools money from multiple investors and invests it in various financial instruments such as equity, bonds, or money market instruments, to generate returns. The combined holding is known as the fund, and each investor owns a portion of the holdings, proportionate to their investment. …
Dividend mutual funds have become increasingly popular among investors seeking a balance between income and capital appreciation. These funds offer a unique opportunity to benefit from both regular dividend payments and the potential for long-term capital growth. What is Dividend Mutual Funds? Dividend mutual funds are a type of equity fund that primarily invests in …
Mutual funds, especially equity mutual funds, have played a pivotal role in helping retail investors create wealth over the last 25 years since they actually became a distinct asset class in India. Of course, mutual funds are not just about equity funds. There are debt funds, liquid funds, arbitrage funds, and balanced funds. But what …
