In 2024, the Indian mutual fund industry continued its upward trajectory, driven by the consistent growth of Indian equities that attracted retail investors. This made mutual funds the preferred choice for wealth creation and long-term financial planning. By November 2024, the industry’s Assets Under Management (AUM) crossed the ₹68 lakh crore mark for the first …
Mirae Asset Mutual Fund has announced an update to the New Fund Offer (NFO) period for its upcoming Mirae Asset Small Cap Fund. Initially set to launch on January 9, 2025, the NFO will now begin on January 10, 2025, and conclude on January 24, 2025. This adjustment pushes the schedule forward by one day …
HDFC Mutual Fund has announced a name change for its large-cap equity scheme, HDFC Top 100 Fund. Effective January 1, 2025, the scheme will be renamed as HDFC Large Cap Fund, as per a notice-cum-addendum issued on December 24, 2024. Fund Overview & Investment Strategy HDFC Large Cap Fund is an open-ended equity scheme that …
Systematic Investment Plans (SIPs) have emerged as a disciplined and effective approach to wealth creation. However, recent data from the Association of Mutual Funds in India (AMFI) reveals a concerning trend—SIP stoppage ratios have surged to near-record levels. In November, the stoppage ratio rose to 79.12%, the 3rd-highest level ever recorded, reflecting investor anxiety amid …
The Motilal Oswal Nifty India Defence Index Fund is a type of passive investment that tracks the performance of the top firms in India’s defence sector. It offers a larger return than other funds, but the risk is higher because just one sector is taken into account when making an investment. Swapnil P Mayekar is …
Mutual fund investors often look for consistent dividend payouts as a source of steady income. Dividend-paying schemes provide a way to benefit from both the growth of the fund and regular income distributions. In this article, we delve into two mutual fund schemes—ITI Balanced Advantage Fund and Nippon India Balanced Advantage Fund—highlighting their recent income …
The mutual fund industry in India experienced a nuanced month in November 2024. While inflows to equity mutual funds and other schemes showed a decline, the number of SIP accounts and retail mutual fund folios reached record highs. Let’s delve into the latest AMFI data to understand the dynamics. Equity Mutual Fund Inflows Decline Equity …
Nippon India Mutual Fund has launched an exciting new investment product, the Nippon India MNC Fund. Designed for investors seeking exposure to multinational companies (MNCs), this open-ended equity scheme promises long-term capital appreciation by leveraging the growth potential and brand leadership of MNCs. Key Details of the Nippon India MNC Fund Name of the Fund: …
Nippon India Mutual Fund has recently filed a draft with SEBI for its latest offering—the Nippon India Debt Savings Fund of Fund. This open-ended scheme aims to provide stable returns while navigating market volatilities by investing in debt and arbitrage funds. Key Details Category: Fund of Fund Type: Open-ended scheme investing in a mix of …
Bandhan Mutual Fund, previously known as IDFC Mutual Fund, has filed a draft proposal for its Fixed Maturity Plan (FMP) Series 209-211. These are close-ended debt schemes designed to deliver fixed income over specified timeframes. Let’s dive into the details. Scheme Overview The Bandhan FMP Series 209-211 targets investments in debt and money market instruments. …
