HDFC Asset Management Company (HDFC AMC) has launched the HDFC Nifty100 Quality 30 Index Fund, a passive mutual fund that tracks the Nifty100 Quality 30 Total Returns Index (TRI). The New Fund Offer (NFO) opens on January 31, 2025, and closes on February 14, 2025. Investors can enter with a minimum investment of ₹100. There …
Kotak Mahindra Mutual Fund has introduced a New Fund Offer (NFO) under the debt target maturity category, the Kotak CRISIL-IBX AAA Financial Services Index – Dec 2026 Fund (Regular-Growth). This open-ended target maturity index fund is to track the performance of AAA-rated financial services sector bonds that mature around December 2026. It offers a structured …
Kotak Mahindra Mutual Fund has introduced a new target maturity debt index fund, the Kotak CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund (Direct Plan). This fund aims to provide returns in line with the CRISIL-IBX AAA Financial Services Index – Dec 2026, which comprises AAA-rated bonds from the financial services sector. Fund …
Edelweiss Asset Management Limited has launched the Edelweiss Consumption Fund, an open-ended equity scheme that focuses on investing in companies within consumption and allied sectors. The fund aims to generate long-term capital appreciation, though there is no guarantee of achieving this objective. This New Fund Offer (NFO) is available in two plans consisting of Edelweiss …
Union Mutual Fund has extended the New Fund Offer (NFO) period for its Union Short Duration Fund- Direct Plan, giving investors an extra day to participate. Originally set to close on January 28, 2025, the NFO will now conclude on January 29, 2025. Investment Objective and Strategy The Union Short Duration Fund is an actively …
DSP Mutual Fund has announced an income distribution under the IDCW option for passive mutual fund schemes, with the record date set as January 30, 2025. Here is the list of mutual fund schemes along with the amount of income distribution announced: Schemes Distribution (₹/unit) DSP Nifty 50 Equal Weight Index Direct-IDCW 1.1 …
Kotak Mahindra Asset Management Company has introduced the Kotak MSCI India ETF, India’s first exchange-traded fund (ETF) tracking the MSCI India Index. The new fund offer (NFO) opened for public subscription on January 29, 2025, and will close on February 12, 2025. Continuous trading of the ETF is expected to begin on or before February …
Investing in New Fund Offers (NFOs) can be an attractive opportunity for investors looking to diversify their portfolios and tap into emerging market trends. NFOs, which are essentially mutual funds making their debut in the market, present a chance to invest in a fund from the very beginning, often at a lower price. However, like …
Despite passive investing gaining traction, its share in mutual fund (MF) assets under management (AUM) fell to 16.6% by the end of 2024, down from 17.7% in March 2023. This decline occurred even as inflows, account additions, and new fund launches hit record levels during the year. Smallcap and Midcap Outperformance Affects Passive Funds Over …
Bandhan Fixed Maturity Plan (FMP) – Series 210 is a close-ended debt scheme with a 93-day tenure. It aims to generate income by investing in debt and money market instruments that mature on or before the scheme’s maturity date. The scheme carries a relatively low interest rate risk and moderate credit risk. NFO and Subscription …
