As per the latest data from the Association of Mutual Funds in India (AMFI), equity mutual fund inflows for December witnessed a decline of 14.18% on a month-on-month (MoM) basis. Despite this drop, specific categories within equity-oriented mutual funds—midcap and smallcap funds—showed robust growth during November. Midcap Mutual Funds Midcap mutual funds continued to attract …
Samco Mutual Fund has filed a draft with SEBI for the Samco Large Cap Fund, an open-ended equity scheme focusing primarily on large-cap stocks. Here’s a detailed overview of the fund’s objectives, strategies, and features based on the draft scheme document. Investment Objective The Samco Large Cap Fund aims to generate long-term capital appreciation through …
Trust Mutual Fund has submitted the draft Scheme Information Document (SID) for the TRUSTMF Gilt Fund, an open-ended debt scheme that invests primarily in government securities of varying maturities. Investment Objective The objective of the TRUSTMF Gilt Fund is to generate credit risk-free returns by predominantly investing in government securities issued by the Central Government …
New Fund Offers (NFOs) allow mutual fund houses to introduce new schemes, catering to a range of investment goals, from equity and debt to thematic or sector-specific opportunities. In the second half of December 2024, there are a few NFOs set to hit the market. With year-end financial planning underway, these upcoming NFOs could align …
WhiteOak Capital Mutual Fund has recently filed a draft for its proposed WhiteOak Capital Equity Savings Fund. This scheme falls under the hybrid-equity savings category, targeting a balanced mix of equity, arbitrage, and debt investments. Below is a breakdown of the fund’s objectives and structure. Investment Objective & Strategy The WhiteOak Capital Equity Savings Fund …
The cash holding of equity mutual fund (MF) schemes fell to 5.4% in November, marking the lowest level in four months. This drop comes as net inflows into equity schemes fell 14% month-on-month, signalling cautious investor sentiment. Recent Trends Cash levels had peaked at 6% in September but began declining in October amid a market …
360 ONE Mutual Fund, formerly known as IIFL Mutual Fund, has filed a draft for the launch of its 360 ONE Gold ETF. This open-ended exchange-traded fund (ETF) aims to replicate the domestic prices of physical gold, providing investors with an avenue for long-term capital appreciation. Each unit in the New Fund Offer (NFO) will …
360 ONE Mutual Fund (previously IIFL Mutual Fund) has announced the launch of the 360 ONE Silver ETF, filing its draft papers with SEBI. This open-ended exchange-traded fund (ETF) aims to mirror domestic silver prices, offering investors an opportunity to track the performance of the precious metal while leveraging the liquidity of stock exchanges. Key …
Edelweiss Mutual Fund has announced a name change for one of its debt index schemes. Effective December 19, 2024, the Edelweiss CRISIL IBX AAA Financial Services – Jan 2028 Index Fund will be renamed to Edelweiss CRISIL IBX AAA Financial Services Bond – Jan 2028 Index Fund. This change is nominal and does not impact …
Edelweiss Asset Management introduces the Edelweiss BSE Premium Consumption ETF, a product designed to replicate the BSE Premium Consumption Total Return Index. As an open-ended Exchange Traded Fund (ETF), it aims to provide investors with performance that closely aligns with the benchmark index. The fund’s structure, objectives, and operational details reflect a focus on transparency …
