Everyone is aware of the importance of an investment. They help in growing your wealth. Out of several investment options, mutual funds are a popular investment. There are several mutual funds available in the market. Every month new funds are launched, which are known as New Fund Offers (NFO). In this article, explore the NFOs …
Introduction PGIM India Mutual Fund has launched a New Fund Offer (NFO) for its Multicap Fund, a unique investment opportunity that offers diversified exposure across large, mid, and small-cap stocks. The NFO opens on August 22, 2024, and closes on September 5, 2024. This blog will explore the features, benefits, and suitability of this fund …
Kotak Mahindra Mutual Fund has recently launched an open-ended scheme replicating/tracking the Nifty India Tourism Index, named Kotak Nifty India Tourism Index Fund. The new fund offer (NFO) opened on September 02, 2024, and will close on September 16, 2024. The performance of Kotak Nifty India Tourism Index Fund is measured against Nifty India Tourism …
Mirae Asset Nifty PSU Bank ETF: Capturing the Public Sector Banking Mirae Asset Investment Managers (India) Pvt. Ltd. is introducing a new fund, the Mirae Asset Nifty PSU Bank ETF. This open-ended scheme aims to replicate or track the Nifty PSU Bank Total Return Index, offering investors a targeted approach to public sector banks in …
One equity mutual fund scheme that Motilal Oswal Mutual Fund introduced is called Motilal Oswal Nifty 500 Index Fund Direct Growth. Investors were able to access this scheme on December 29, 2009. The current fund manager of the Motilal Oswal Nifty 500 Index Fund Direct-Growth fund is Swapnil P. Mayekar. The fund’s latest net asset …
The Tata Nifty Auto Index Fund is an open-ended index fund offered by Tata Mutual Fund that aims to track the performance of the Nifty Auto Index (TRI). It invests in the companies that comprise the Nifty Auto Index in proportion to their weightage in the index. The scheme does not guarantee returns, but its …
As the Indian equity market continues to evolve, investors are constantly on the lookout for opportunities that balance growth potential with diversification. HDFC Mutual Fund’s latest offering, the HDFC Nifty LargeMidcap 250 Index Fund, promises just that. Let’s dive into the key details of this New Fund Offer (NFO) and explore why it might be …
Mirae Asset Investment Managers is to launch a new fund, the Mirae Asset Nifty Total Market Index Fund, aimed at providing a comprehensive picture of the Indian equity market. This open-ended scheme will track the Nifty Total Market Total Return Index, offering exposure to 750 companies across large, mid, small, and micro-cap segments. New Fund …
A multicap fund must have at least 25% of its assets allocated to large-cap stocks, 25% to mid-cap stocks, and an additional 25% to small-cap stocks. Multi-cap funds are defined as those that must maintain at least 75% of their assets in equity and equity-related instruments at any given time. Samco Multi Cap Fund is …
In the mutual fund business, Kotak Mutual Fund has made a name for itself by providing a broad array of investment options to meet the various needs of investors. Kotak Mutual Fund has a solid track record of providing steady returns and has built a devoted investor base through its customer-focused philosophy. Kotak Mutual Fund’s …
