The year 2024 proved exceptional for the mutual fund industry, as the total Assets Under Management (AUM) surged to ₹68.08 lakh crore in November, according to AMFI data. Top Performing Mutual Fund Categories in 2024 Category Average Return in % Max Return in % Min Return in % Median Return in % Equity: Sectoral-Pharma and …
Investors often seek stable and low-risk instruments to park their money, and Debt Exchange-Traded Funds (ETFs) have emerged as an excellent option for those looking to diversify their portfolio with predictable returns. With a mix of debt securities like government bonds, corporate bonds, and other fixed-income instruments, Debt ETFs are a smart way to combine …
Navi Mutual Fund has announced an increase in the minimum investment amount for its Navi Nifty Next 50 Index Fund. Starting December 13, 2024, investors must now invest a minimum of ₹100 per application, up from the previous ₹10. This change is applicable only to direct investments, while the Systematic Investment Plan (SIP) remains unaffected. …
The mutual fund industry witnessed total inflows of ₹60,295 crore in November 2024. This marked a significant decline compared to ₹2.4 lakh crore recorded in October as per data provided by the Association of Mutual Funds (AMFI). Various categories, including actively managed equity funds, hybrid funds, and debt funds, experienced varied performances. Here’s a detailed …
When a New Fund Offer (NFO) hits the market, many investors hesitate, wondering if it’s worth considering existing funds with a track record. With multiple funds already available in the same category, the decision to invest in an NFO becomes tricky. Let’s delve into the data and assess how Flexi Cap funds launched in 2023 …
Nifty 50 Index Funds offer a simple way to invest in India’s top 50 companies by market capitalisation. These funds mirror the Nifty 50 index and aim for returns similar to the index, providing exposure to India’s largest and most financially stable companies. Let’s take a look at the top-performing Nifty 50 index mutual funds …
2024 has been a remarkable year for the Indian Mutual Fund (MF) industry, which saw tremendous growth, with Assets Under Management. The AUM touched ₹68,08,101 crore by November 30, as per AMFI data release. This growth story is even more impressive when you consider that, just a decade ago, the AUM stood at ₹10.90 trillion—an …
The Tata Nifty India Tourism Index Fund is an open-ended index fund launched by Tata Mutual Fund on July 8th, 2024. The scheme aims to track the performance of the Nifty India Tourism Index (TRI), but there is no guarantee that it will achieve its objective. Investors can enter the fund with a minimum subscription …
Shriram Mutual Fund launched the Shriram Nifty 1D Rate Liquid ETF on July 1st, 2024. This open-ended Exchange Traded Fund aims to track the NIFTY 1D Rate Index, which invests in Tri-Party Repo on Government securities or treasury bills (TREPS). The investment objective is to provide returns that mirror the index, before expenses, but there …
Kotak Mahindra Mutual Fund offers the Kotak NIFTY 100 Low Volatility 30 Index Fund, an open-ended index fund that aims to mirror the returns of the NIFTY 100 Low Volatility 30 Index, subject to tracking errors. While there’s no guarantee the fund will achieve its objective, it invests in large-cap companies chosen for their low …
