In recent years, exchange-traded funds (ETFs) have gained significant popularity among Indian investors. With a more dynamic financial landscape and increased access to international markets, ETFs provide an affordable and straightforward way to build a diversified portfolio. They are favoured by both retail and institutional investors for their ability to track a variety of indices …
Aditya Birla Sun Life Mutual Fund has announced modifications to its scheme, Aditya Birla Sun Life Active Debt Multi-Manager FOF, effective March 3, 2025. These changes include a name change, an updated investment strategy, a revised asset allocation, and adjustments to its benchmark and risk profile. Here’s everything you need to know: Scheme Name and …
TP Solar Ltd, a subsidiary of Tata Power Renewable Energy Ltd (TPREL), has been awarded a ₹455 crore contract by Maharashtra State Power Generation Company Ltd (MSPGCL). The contract involves the supply of 300 MWp ALMM-certified solar modules under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project. These modules are expected to be delivered …
LIC Mutual Fund has announced an income distribution of ₹0.10 per unit under the Income Distribution cum Capital Withdrawal (IDCW) option for both regular and direct plans of its LIC MF Aggressive Hybrid Fund. The record date for this payout is January 27, 2025. Fund Composition The LIC MF Aggressive Hybrid Fund invests 76.81% in …
ICICI Prudential Mutual Fund has announced a name change for its “ICICI Prudential BSE Liquid Rate ETF.” Effective January 27, 2025, the fund will be renamed ICICI Prudential BSE Liquid Rate ETF – IDCW (Income Distribution cum Capital Withdrawal). The change shows the fund’s income distribution option, aligning it with regulatory naming conventions. Fund Details …
HDFC Mutual Fund is making changes to its HDFC Nifty 1D Rate Liquid ETF, with the Income Distribution cum Capital Withdrawal (IDCW) option being converted into a Growth option. From February 28, 2025, the IDCW option will no longer exist, and the scheme will be renamed HDFC Nifty 1D Rate Liquid ETF – Growth. Redemption …
If you’ve been considering starting your Systematic Investment Plan (SIP), now is an excellent time to make the move. The Securities and Exchange Board of India (SEBI) is encouraging Asset Management Companies (AMCs) to roll out SIP options with a minimum investment of just Rs. 250 (approximately $3 USD). Why This Matters? This initiative is …
When we think of mutual fund investments, the perception often leans toward needing a substantial initial sum. However, the landscape has evolved, and today, investors can begin their journey with just ₹100 via a Systematic Investment Plan (SIP). This move, propelled by SEBI’s regulatory efforts, aims to democratise investing by making mutual funds more accessible …
As of January 21, 2025, a few of large-cap equity funds have shown impressive growth, with a 5-year compound annual growth rate (CAGR) nearing 20%. These funds, such as Nippon India Large Cap Fund and ICICI Prudential Bluechip Fund, have been able to deliver strong returns over the period, reflecting their consistent performance in the large-cap sector. …
Mutual funds have become one of the most popular investment options, offering a convenient way to achieve your financial goals. They are considered tax-efficient instruments, allowing investors to potentially grow their wealth while minimizing tax burdens. Unlike fixed deposits, where the interest earned is added to taxable income and taxed at the individual’s income tax …
