Mutual Funds - Angel One

There has been a steady rise in 2024 in the preference for index mutual funds. Amidst the volatility and economic uncertainties, investors have increasingly turned to index funds for their stable and diversified growth potential. According to the AMFI portal’s monthly report for November 2024, there are 270 open-ended index mutual funds listed, highlighting the …

HDFC Mutual Fund has declared an Income Distribution cum Capital Withdrawal (IDCW) under its HDFC Arbitrage Fund – Wholesale Plan for both Regular and Direct Plans. The record date for this distribution has been set for December 19, 2024, and the distribution applies to the face value of ₹10 per unit across various options under …

Franklin Templeton Mutual Fund has declared income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for 2 of its schemes. Investors should note the record date for this distribution is set as December 20, 2024. Here are the details for the announced distributions: Income Distribution Details The income distribution per unit varies across …

In 2024, the Indian mutual fund industry continued its upward trajectory, driven by the consistent growth of Indian equities that attracted retail investors. This made mutual funds the preferred choice for wealth creation and long-term financial planning. By November 2024, the industry’s Assets Under Management (AUM) crossed the ₹68 lakh crore mark for the first …

Mirae Asset Mutual Fund has announced an update to the New Fund Offer (NFO) period for its upcoming Mirae Asset Small Cap Fund. Initially set to launch on January 9, 2025, the NFO will now begin on January 10, 2025, and conclude on January 24, 2025. This adjustment pushes the schedule forward by one day …

HDFC Mutual Fund has announced a name change for its large-cap equity scheme, HDFC Top 100 Fund. Effective January 1, 2025, the scheme will be renamed as HDFC Large Cap Fund, as per a notice-cum-addendum issued on December 24, 2024. Fund Overview & Investment Strategy HDFC Large Cap Fund is an open-ended equity scheme that …

Systematic Investment Plans (SIPs) have emerged as a disciplined and effective approach to wealth creation. However, recent data from the Association of Mutual Funds in India (AMFI) reveals a concerning trend—SIP stoppage ratios have surged to near-record levels. In November, the stoppage ratio rose to 79.12%, the 3rd-highest level ever recorded, reflecting investor anxiety amid …

The Motilal Oswal Nifty India Defence Index Fund is a type of passive investment that tracks the performance of the top firms in India’s defence sector. It offers a larger return than other funds, but the risk is higher because just one sector is taken into account when making an investment. Swapnil P Mayekar is …

Mutual fund investors often look for consistent dividend payouts as a source of steady income. Dividend-paying schemes provide a way to benefit from both the growth of the fund and regular income distributions.  In this article, we delve into two mutual fund schemes—ITI Balanced Advantage Fund and Nippon India Balanced Advantage Fund—highlighting their recent income …

The mutual fund industry in India experienced a nuanced month in November 2024. While inflows to equity mutual funds and other schemes showed a decline, the number of SIP accounts and retail mutual fund folios reached record highs. Let’s delve into the latest AMFI data to understand the dynamics. Equity Mutual Fund Inflows Decline Equity …