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 …
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Rs 8.74 lakh crore: The unbelievable 31% surge in passive mutual fund assets within a year
19 January 2024The 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 …

NFO alert: Motilal Oswal Mutual Fund launches Motilal Oswal Large Cap Fund; details inside
31 January 2024The 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 Mutual Fund Launches a New Nifty Realty ETF
13 March 2024Motilal 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 Mutual Fund launches Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund
10 May 2024Mirae 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 Files Draft For New Mutual Fund Scheme: Introducing Mahindra Manulife Build India Fund
3 April 2024Mahindra 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 …

HDFC Realty Index Fund Stops Fresh Inflows from Today
8 April 2024In 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 …

HDFC Mutual Fund launches a NIFTY200 Momentum 30 Index Fund
21 February 2024The HDFC NIFTY200 Momentum 30 Index Fund, launched by HDFC Mutual Fund on February 9th, 2024, is an open-ended index fund aiming to mirror the performance of the NIFTY200 Momentum 30 Index TRI. With a minimum investment of Rs 100 and no entry load, it passively tracks the index, offering investors exposure to the 30 …

HDFC Mutual Fund launches HDFC Manufacturing Fund
26 April 2024HDFC Mutual Fund has launched a new open-ended equity scheme called HDFC Manufacturing Fund. This fund aims to provide long-term capital appreciation by primarily investing in stocks and related securities of companies involved in manufacturing activities. Thematic in nature, the scheme falls under the Equity Scheme category. HDFC Manufacturing Fund has a new fund offer …

NFO alert: Groww Mutual Fund launches banking and financial services fund
30 January 2024Groww Mutual Fund is launching a new open-ended equity scheme, Groww Banking & Financial Services Fund, focusing on the banking and financial services sector. The New Fund Offer (NFO) opens on January 17, 2024, and closes on January 31, 2024. The minimum subscription amount is Rs 500. The primary investment objective of the scheme is …
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