Mutual funds, an essential vehicle for collective investment, allocate a portion of their portfolios to cash. This cash holding enables fund managers to cater to redemption requests, capitalise on potential investment opportunities, and maintain portfolio liquidity. In December 2024, mutual funds cumulatively held ₹1.87 lakh crore in cash, equivalent to 4.98% of their total assets …
Silver has long been recognised as one of the most versatile metals, with applications ranging from industrial use to investment purposes. With over ₹14,000 crore already invested in Silver ETFs by Indian investors, these exchange-traded funds have emerged as a modern, efficient alternative to physical silver ownership. Combining affordability, security, and convenience, Silver ETFs provide …
Axis Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its funds. The record date for this distribution is set as January 17, 2025. Here’s a breakdown of the schemes and their respective distribution amounts per unit: Details of IDCW Announced Scheme Direct-IDCW (₹/unit) Regular-IDCW (₹/unit) …
ICICI Prudential Mutual Fund has declared an income distribution of ₹1.40 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option of its ICICI Prudential Transportation and Logistics Fund. The announcement is applicable to both regular and direct plans of the scheme. Record Date The record date for determining the eligibility of investors for …
The year 2024 has been transformative for the mutual fund industry in India, with notable surges in Assets Under Management (AUM) across categories. Equity and hybrid schemes have emerged as the biggest gainers, reflecting evolving investor preferences amidst a dynamic market environment. This blog analyses key trends using data from the Association of Mutual Funds …
According to a report, asset management companies (AMCs) launched 239 new fund offerings (NFOs) in 2024, collecting ₹1.18 trillion. Sectoral and thematic equity funds emerged as investor favourites. NFO Growth Over the Years The NFO market has grown significantly in recent years. In comparison: 2024: 239 NFOs raised ₹1.18 trillion. 2023: 212 NFOs collected ₹63,854 …
The mutual fund industry witnessed a notable increase in cash holdings in December 2024. The total cash pile of mutual funds rose by ₹6,937 crore on a monthly basis, from ₹1.80 lakh crore in November to about ₹1.87 lakh crore in December. This rise highlights changing trends in cash allocation and equity asset management among …
Lump sum investments are a popular choice for individuals with a substantial amount of money to invest and a long-term financial goal. They offer the potential for significant wealth creation over time but also come with inherent risks due to market volatility. This article explores how a ₹6.5 lakh lump sum investment in mutual funds …
Bandhan Mutual Fund has launched its Fixed Maturity Plan (FMP) – Series 209, a close-ended debt scheme with a tenure of 93 days. Units are priced at ₹10 during the New Fund Offer (NFO) period. Notably, the scheme will be listed on the Bombay Stock Exchange (BSE), ensuring liquidity for investors seeking to exit before …
Minda Corporation Limited (Minda Corp), the flagship company of the Spark Minda Group, has formed a strategic partnership with Flash Electronics. This collaboration aims to establish the fastest-growing EV platform in India. As of 11:30 AM on January 15, 2025, Minda Corp’s share price surged by 5%. Complementary Expertise for a Synergetic Partnership Minda Corp, …
