The mutual fund industry in India has grown exponentially over recent years, becoming a major player in the country’s capital market. According to the latest Economic Survey, mutual funds now account for almost one-third of total capital market participation in India, a remarkable achievement considering the rapid pace of growth. The Scale of Participation in …
Aditya Birla Sun Life Mutual Fund has announced the merger of its CRISIL IBX 60:40 SDL + AAA PSU – Apr 2025 Index Fund into the Aditya Birla Sun Life Corporate Bond Fund. The merger will take effect on April 30, 2025. Fund Will Cease to Exist Post Merger After the merger, the Aditya Birla …
As the financial year 2024–25 draws to a close, individuals still have a brief window to make tax-saving investments. From 1 April 2025, the new financial year 2025–26 begins, and those following the old tax regime can still take advantage of Section 80C provisions. This section allows deductions of up to ₹1.5 lakh when invested …
Infrastructure mutual funds are a category of sectoral or thematic equity funds that invest specifically in companies engaged in the infrastructure space. These companies are either directly or indirectly involved in building, maintaining, or supporting the development of infrastructure in the country. Their scope extends across a wide range of industries, including: Roads and highways …
Two major asset management companies – Invesco Mutual Fund and DSP Mutual Fund have announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for select schemes, with the record date fixed for March 28, 2025. Invesco Mutual Fund Invesco Mutual Fund declared income distribution for two of its prominent schemes: Scheme Name …
Mutual funds have grown into one of the most favoured investment avenues in India due to their relatively low entry barrier, diversification benefits, and long-term wealth creation potential. But while most investors understand the taxation of mutual funds during their lifetime, fewer are aware of how these funds are treated when inherited. If you’ve recently …
Women are steadily emerging as significant contributors to India’s mutual fund ecosystem. A recent joint study by the Association of Mutual Funds in India and Crisil shows that not only are more women becoming distributors, but they are also making smarter, long-term investment choices, backed by data that highlights their growing preference for equity, SIPs …
DSP Mutual Fund has filed draft documents with SEBI for the launch of the DSP Silver ETF Fund of Fund, an open-ended scheme that will invest in units of the existing DSP Silver ETF. The scheme is to provide returns that closely correspond to the performance of physical silver, without directly investing in it. Fund …
DSP Mutual Fund has filed draft documents with SEBI for a new scheme: the DSP CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund. The fund falls under the index fund category and will be structured as an open-ended constant maturity index fund. Fund Objective and Structure The investment objective is to track the …
ICICI Prudential Mutual Fund has announced the launch of its Nifty Private Bank Index Fund, an open-ended index scheme tailored to replicate the Nifty Private Bank TRI. This fund offering is crafted for investors seeking long-term wealth creation by passively investing in India’s leading private-sector banks. Objective of the Scheme The fund’s investment objective is …
