Baroda BNP Paribas Mutual Fund and DSP Mutual Fund have released details for income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for selected schemes. The record date for all listed schemes is April 28, 2025. Baroda BNP Paribas Mutual Fund Baroda BNP Paribas Mutual Fund will distribute income under both Aggressive Hybrid …
According to ICRA Analytics, the Indian mutual fund industry’s average assets under management (AAUM) surged 21.32% year-on-year in March 2025. This marks a strong annual expansion, demonstrating robust investor interest and asset accumulation in the mutual fund space. However, a month-on-month decline of 1.25% from February 2025 was observed, indicating a short-term contraction across several …
UTI Asset Management Company (UTI AMC) has integrated with the Open Network for Digital Commerce (ONDC) in collaboration with fintech firm Cybrilla. This will allow UTI Mutual Fund to offer its investment products on the ONDC platform, a government-backed initiative to support digital commerce through an open, interoperable network. Focus on Tier 2 and Tier …
SBI Mutual Fund has introduced a new open-ended scheme named the SBI Income Plus Arbitrage Active Fund of Fund. The New Fund Offer (NFO) will open on April 23, 2025, and close on April 30, 2025. The fund follows a Fund of Fund structure, meaning it will invest in other mutual fund schemes rather than …
Direct plans are mutual fund schemes offered directly by asset management companies (AMCs), bypassing intermediaries or distributors. These plans have lower expense ratios and are often chosen by investors who seek to maximise returns by avoiding distribution costs. SBI Mutual Fund: Leading the Pack in Direct Plan AUM SBI Mutual Fund holds the top position …
Starting from April 1, 2025, a significant shift in the taxation framework for Fund of Funds (FoFs) will take effect. Under the new regime, gains from FoFs held for more than 24 months will now be considered long-term capital gains (LTCG) and taxed in line with equity-oriented investments at 12.5%. This change brings some alignment …
Bajaj Finserv Asset Management Company has opened a New Fund Offer (NFO) for its Nifty Next 50 Index Fund – Regular Growth, beginning 22 April 2025 and closing on 6 May 2025. Fund Objective and Strategy The scheme aims to invest in companies that are part of the Nifty Next 50 Index. The portfolio will …
In the March quarter of FY25, mutual funds made notable changes to their portfolios by raising their stakes in multiple large-cap companies within the Nifty500 index. Here are 10 such stocks that saw increased mutual fund holdings during the fourth quarter. Axis Bank Mutual fund shareholding in Axis Bank rose by 3 percentage points to 32.02% in Q4 …
The Indian mutual fund industry marked an unprecedented milestone in FY25, with equity-oriented schemes receiving record-breaking net inflows of ₹4.17 lakh crore. This figure more than doubled the inflows from the previous fiscal year (₹1.84 lakh crore in FY24), representing a staggering 127% year-on-year surge. This surge reflects a heightened investor interest in equity markets, …
At the CII Annual Mutual Fund Summit 2025, Manoj Kumar, Executive Director of SEBI, shared that the regulatory body is reworking mutual fund scheme categorisation. He acknowledged that the current labels used to classify mutual fund schemes are not easily understood, particularly by first-time or retail investors. Kumar stated that SEBI’s goal is to make …
