The Indian equity benchmark indices have experienced a double-digit decline from their peaks recorded in September last year. This downturn can be attributed to several factors, including persistent selling by foreign institutional investors (FIIs), high valuations, sluggish earnings, and trade war concerns. The broader market has suffered an even sharper correction, leading to a significant …
Silver, long regarded as gold’s lesser-known counterpart, is gaining prominence as an essential commodity and investment asset. While traditionally valued for its ornamental and monetary uses, silver’s increasing industrial applications are driving demand, particularly in sectors like electronics, solar energy, and electric vehicles. Silver’s Performance in the Indian and International Markets As of March 13, …
Axis Mutual Fund has introduced the Axis Nifty500 Momentum 50 ETF, an open-ended exchange-traded fund (ETF) that tracks the Nifty500 Momentum 50 Total Return Index (TRI). The New Fund Offer (NFO) will be available from March 13, 2025, to March 18, 2025. Fund Details The New Fund Offer (NFO) details are as follows: Fund House: …
The Indian mutual fund industry witnessed a sharp rise in Systematic Investment Plan (SIP) discontinuations in February 2025, highlighting growing investor caution. The SIP stoppage ratio—calculated as the percentage of SIPs discontinued or tenure completed divided by new SIP registrations—rose to 122% from 109% in January 2025. This indicates that a higher number of investors …
Building over ₹3.5 crore corpus may seem like a distant dream, but with early and consistent investing, it is achievable much sooner than retirement. The key lies in the power of compounding—where your money generates returns, and those returns further generate earnings over time. Let’s explore different scenarios to understand how quickly you can accumulate …
Aditya Birla Sun Life Mutual Fund (ABSLMF) has introduced ‘Choti SIP’, a new investment plan that allows investors to start a Systematic Investment Plan (SIP) with a minimum of ₹250 per month. The plan is intended to make mutual fund investments more accessible. Features Minimum Investment: ₹250 per month Eligible Funds: Available across all schemes …
Mirae Asset Mutual Fund introduced the Mirae Asset Nifty EV and New Age Automotive ETF in 2024, marking India’s first Exchange Traded Fund (ETF) dedicated to the Electric Vehicles (EV) and New Age Automotive sector. The fund aims to provide investors with long-term capital appreciation by investing in companies leading innovation in the evolving automotive …
Tata Mutual Fund is launching the Tata BSE Quality Index Fund, an open-ended index fund that will track the BSE Quality Total Return Index (TRI). The New Fund Offer (NFO) will open on March 17, 2025, and close on March 23, 2025. The fund will allot units on April 3, 2025. Objective and Strategy The …
Nippon India Mutual Fund has announced the merger of 4 of its close-ended schemes, effective from April 23, 2025. The schemes being merged are Nippon India Quarterly Interval Series III, Nippon India Quarterly Interval Series II, and Nippon India Quarterly Interval Series I, all of which will merge into Nippon India Liquid Fund. Details of …
Invesco Mutual Fund and Aditya Birla Sun Life Mutual Fund have announced income distributions for their respective schemes. The record date for both distributions is March 17, 2025. Invesco Mutual Fund has declared an income distribution of ₹2.40 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option of its Invesco India ELSS Tax …
