DSP Mutual Fund has announced the launch of its latest offering, the DSP BSE Sensex Next 30 ETF. This is an open-ended exchange-traded fund (ETF) designed to replicate or track the performance of the BSE SENSEX Next 30 Index. Category and Key Features of the Scheme Category: Exchange Traded Fund (ETF). Benchmark: BSE SENSEX Next …
The HSBC Mutual Fund has drafted its Financial Services Fund with SEBI, showcasing its potential to cater to investors focused on India’s thriving financial services sector. Designed as an open-ended equity scheme, the fund aims to offer long-term capital appreciation while maintaining flexibility and transparency in its offerings. Investment Focus and Fund Structure The primary …
WhiteOak Capital Mutual Fund has launched the WhiteOak Capital Quality Equity Fund, a new open-ended equity scheme. The fund is designed to provide long-term capital appreciation by focusing on investments in companies with strong fundamentals. It adheres to the Quality Factor theme, balancing its portfolio with equity, debt, and other instruments to align with its …
Bandhan Mutual Fund has announced the launch of its new open-ended equity scheme, designed to replicate the Nifty Alpha Low Volatility 30 Index. The scheme aims to provide returns that align closely with the index’s total return before expenses, with minimal tracking errors. This fund offers investors an opportunity to access a diversified portfolio emphasising …
The DSP BSE SENSEX Next 30 Index Fund is set to launch its New Fund Offer (NFO) on January 10, 2025, closing on January 24, 2025. This open-ended scheme aims to generate returns that closely track the performance of the BSE SENSEX Next 30 Index, subject to tracking error. The fund falls under the Equity …
The Association of Mutual Funds in India (AMFI) has submitted a 15-point proposal ahead of the Union Budget 2025-26. These proposals seek reforms to taxation policies that aim to bolster mutual fund investments and improve investor confidence. The suggestions focus on restoring indexation benefits, aligning pension schemes with NPS, and introducing debt-linked savings plans. Restoring …
As we approach January 2025, the equity mutual fund landscape in India is becoming increasingly attractive, with many funds delivering strong returns. As of November 30, 2024, the number of schemes across various categories continued to grow, with significant funds mobilised across both open-ended and close-ended schemes. As per the latest AMFI data, equity-oriented schemes, …
Franklin Templeton Mutual Fund has announced a revision in the exit load structure of the Franklin India Arbitrage Fund, effective January 6, 2025. This change will apply to all prospective investments in the scheme. Revised Exit Load Provisions The existing exit load structure was 0.25% for redemptions or switches made within 30 days of allotment …
ICICI Prudential Mutual Fund has launched the ICICI Prudential Rural Opportunities Fund, an open-ended equity scheme focusing on rural and allied sectors. The New Fund Offer (NFO) will open on January 9, 2025, and close on January 23, 2025. The fund primarily aims to invest in companies contributing to and benefiting from the growth and …
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 …
