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 …
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 a Dividend Mutual Fund? Dividend mutual funds are a type of equity fund that primarily invests …
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 are Dividend Mutual Funds? Dividend mutual funds are a type of equity fund that primarily invests in …
As the Indian real estate sector experiences a resurgence, driven by rising demand in both residential and commercial spaces, real estate mutual funds have become an increasingly appealing option for investors. The sector has benefitted from strong government initiatives and increased urbanisation, which have boosted infrastructure development. With the commercial and residential markets witnessing a …
Making your first crore is a financial milestone that many young earners aspire to achieve. While it might sound intimidating, the path to this goal is more straightforward than it seems. With systematic investing, disciplined planning, and patience, anyone can build substantial wealth over time. This article is especially relevant for Gen Z—those in their …
