Nippon India Mutual Fund has launched two new index funds: Nippon India Nifty Bank Index Fund and Nippon India Nifty IT Index Fund. Both funds aim to offer investment returns in line with their respective benchmark indices – the Nifty Bank Index and Nifty IT Index – before expenses. This means the funds will passively …
In the first three quarters of FY 2024, the mutual fund industry witnessed significant activity. Over this period, a total of 122 mutual fund schemes were operational through new fund offers (NFO), comprising a diverse range of investment options across debt, equity, hybrid, solution-oriented, and other specialized categories. The cumulative funds mobilized during this period …
The Bajaj Finserv Large and Mid-Cap Fund is an open-ended equity scheme aiming for long-term capital appreciation through investments in a diversified portfolio of large and mid-cap stocks across various sectors. Launched on February 6th, 2024, it has a new fund offer (NFO) closure date of February 20th. There’s no entry load, but an exit …
The Navi Nifty IT Index Fund is an open-ended index fund launched by Navi Mutual Fund on March 11, 2024. It aims to mirror the performance of the Nifty IT Index by investing in the same companies, with the goal of delivering returns equivalent to the index. The minimum investment amount is Rs 10 and …
The year gone by witnessed a noteworthy shift in the performance dynamics between actively and passively managed mutual fund schemes. Buckle up as we take you through the journey of how passive investments emerged victorious, weaving through statistics and insights that unknot the fascinating trends of the mutual fund industry. Riding the Index Wave The …
The Motilal Oswal Large Cap Fund is an open-ended equity scheme launched on January 17, 2024, to achieve long-term capital appreciation by primarily investing in large-cap companies. It aims to generate superior returns over the long term while keeping risk controlled. The New Fund Offer period closes on January 31, 2024. There is a 1% …
Motilal Oswal Nifty Realty ETF (NFO), an open-ended Other ETF category scheme by Motilal Oswal Mutual Fund, aims to provide returns that mirror the total returns of the Nifty Realty Total Return Index, before accounting for expenses. This New Fund Offer (NFO) was launched on March 13, 2024, with a minimum subscription amount of Rs. …
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund is a Mutual Fund offered by Mirae Asset Mutual Fund. The investment objective of the scheme is to provide long-term capital appreciation by investing in units of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF. It is an Open-Ended Scheme categorized as a Scheme …
Mahindra Manulife mutual fund filed a draft to launch Mahindra Manulife Build India Fund on April 2, 2024. Mahindra Manulife Build India Fund is an open-ended equity scheme aimed at capital appreciation by primarily investing in equity and equity-related securities of companies operating in the manufacturing and infrastructure sectors. The scheme is designed to cater …
In the intricate dance of the stock market, few indices have dazzled spectators quite like the Nifty Realty index in the fiscal year 2024. With its meteoric ascent and record-breaking highs, it has become the talk of the town, captivating investors and analysts alike. As April unfolds, the index continues its bullish stride, boasting a …
