DSP Mutual Fund has launched the DSP Nifty Private Bank Index Fund, an open-ended equity scheme that tracks the Nifty Private Bank Index. The fund aims to generate returns in line with the index, subject to tracking errors. The New Fund Offer (NFO) opens on February 14, 2025, and closes on February 28, 2025. Fund …
HDFC Mutual Fund has submitted a draft Scheme Information Document (SID) to the Securities and Exchange Board of India (SEBI) for its new offering, the HDFC Innovation Fund. It is an open-ended equity-oriented scheme that will invest in companies focusing on innovation across industries. The fund follows a thematic approach, targeting businesses that implement new …
HDFC Mutual Fund has filed a draft scheme information document with SEBI for the HDFC Nifty Top 20 Equal Weight Index Fund. This is an open-ended index fund that aims to replicate the Nifty Top 20 Equal Weight Index (TRI). The fund is designed to deliver returns similar to the index before fees and expenses, …
In a significant move to safeguard investor interests and enhance transparency in the mutual fund ecosystem, the Securities and Exchange Board of India (SEBI) has introduced the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA). This new platform is designed to help investors trace and recover their inactive and unclaimed mutual fund folios. The Growing …
Small-cap mutual funds have garnered significant attention for their ability to generate high returns by investing in companies with strong growth potential. Despite market fluctuations, these funds have continued to attract investors looking to capitalise on emerging opportunities within the small-cap space. According to the Association of Mutual Funds in India (AMFI), inflows into small-cap …
The Nifty Total Market Index Funds offer investors a broad-based approach to the Indian stock market by tracking the Nifty Total Market Index, which represents 750 stocks across large-cap, mid-cap, small-cap, and microcap segments through a single index. This index includes all stocks from the Nifty 500 Index and the Nifty Microcap 250 Index, with …
ICICI Prudential Mutual Fund has filed a draft for the ICICI Prudential Active Momentum Fund, an open-ended equity scheme that follows a momentum-based investing strategy. The fund aims to invest in equity and equity-related instruments of companies exhibiting momentum factors. Investment Allocation The scheme’s allocation will be: 80-100% in equity and equity-related instruments reflecting momentum …
Bandhan Mutual Fund has introduced the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended index fund that tracks the CRISIL-IBX Financial Services 3-6 Months Debt Index. The fund aims to deliver returns in line with the benchmark by investing in short-term financial instruments while keeping interest rates and credit risk relatively low. …
In January 2025, Gold Exchange-Traded Funds (ETFs) played a pivotal role in revitalising passive funds, leading to a significant surge in inflows. This growth not only contributed to a sharp increase in Assets Under Management (AUM) but also resulted in a notable rise in folio growth. As investors sought safer havens amid market volatility, Gold ETFs emerged …
Mutual funds strategically manage their cash holdings based on market conditions, liquidity needs, and investor inflows and outflows. By January 2025, 5 major mutual funds held over ₹15,000 crore in cash within their portfolios. While the overall cash allocation increased from 5.17% in December to 5.32% in January, the absolute cash holdings saw a marginal …
