The Securities and Exchange Board of India (SEBI) has taken another significant step towards ensuring greater transparency and investor awareness in the mutual fund industry. In a circular issued on 17 January 2025, SEBI mandated the daily disclosure of the Information Ratio (IR) for equity-oriented mutual fund schemes. This move seeks to provide investors with …
Axis Mutual Fund is launching the Axis Nifty500 Momentum 50 Index Fund, an open-ended index fund tracking the Nifty500 Momentum 50 TRI. The New Fund Offer (NFO) will be open from January 24, 2025, to February 7, 2025, and will re-open for continuous subscriptions within five business days after allotment. Investment Objective The scheme will …
LIC Mutual Fund is launching an investment opportunity through its LIC MF Multi Asset Allocation Fund- Direct (G), an open-ended scheme to provide diversified exposure to equity, debt, and gold assets. The New Fund Offer (NFO) opens on January 24, 2025, and closes on February 7, 2025, with the scheme reopening for continuous sale and …
ICICI Prudential has launched its CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund, an open-ended index fund that aims to track the CRISIL-IBX AAA Financial Services Index – Dec 2026. This fund is designed to invest in securities maturing on or before December 2026, offering investors a low to moderate-risk option for financial …
The ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund (Direct Plan) is an open-ended debt scheme that seeks to replicate the performance of the CRISIL-IBX AAA Financial Services Index – Dec 2026. It focuses on high-quality, AAA-rated securities with maturities on or before December 2026, aiming to deliver predictable returns with …
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 …
