Kotak Mahindra Asset Management Company has introduced the Kotak MSCI India ETF, India’s first exchange-traded fund (ETF) tracking the MSCI India Index. The new fund offer (NFO) opened for public subscription on January 29, 2025, and will close on February 12, 2025. Continuous trading of the ETF is expected to begin on or before February …
Investing in New Fund Offers (NFOs) can be an attractive opportunity for investors looking to diversify their portfolios and tap into emerging market trends. NFOs, which are essentially mutual funds making their debut in the market, present a chance to invest in a fund from the very beginning, often at a lower price. However, like …
Despite passive investing gaining traction, its share in mutual fund (MF) assets under management (AUM) fell to 16.6% by the end of 2024, down from 17.7% in March 2023. This decline occurred even as inflows, account additions, and new fund launches hit record levels during the year. Smallcap and Midcap Outperformance Affects Passive Funds Over …
Bandhan Fixed Maturity Plan (FMP) – Series 210 is a close-ended debt scheme with a 93-day tenure. It aims to generate income by investing in debt and money market instruments that mature on or before the scheme’s maturity date. The scheme carries a relatively low interest rate risk and moderate credit risk. NFO and Subscription …
Bandhan Fixed Maturity Plan (FMP) – Series 211 is a close-ended debt scheme with a tenure of 93 days. The primary aim is to generate income by investing in debt and money market instruments that mature on or before the scheme’s maturity date. There is no guarantee that the scheme will achieve its objectives. Investment …
ICICI Prudential Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its equity-thematic schemes. The record date for the distribution is set as January 23, 2025. Income Distribution Details Under the ICICI Prudential Housing Opportunities Fund, an income distribution of ₹1.3 per unit has been announced. …
Bandhan Mutual Fund (formerly IDFC Mutual Fund) has filed the draft scheme information deed (SID) with the capital market regulator for Bandhan Nifty Next 50 Index Fund. Bandhan AMC Limited (formerly IDFC Asset Management Company Limited) intends to launch Bandhan Nifty Next 50 Index Fund, which is an open‐ended scheme tracking Nifty Next 50 Index. Objective …
Aditya Birla Sun Life Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for several schemes. The record date for determining eligibility is January 24, 2025. Here’s a breakdown of the payouts for each scheme: Arbitrage Funds For investors in the Aditya Birla SL Arbitrage Fund, the declared distribution …
The Indian mutual fund industry has witnessed remarkable growth, with passive funds emerging as a dominant force. Nippon India Mutual Fund has achieved a significant milestone, commanding an Assets Under Management (AUM) of ₹1.65 lakh crore in passive funds alongside a robust 1.45 crore folios. This reflects not just Nippon’s leadership but also the broader …
Navi Mutual Fund has announced an increase in the minimum application amount for 13 of its schemes, effective February 4, 2025. The minimum investment limit has been raised from ₹10 to ₹100 per application. This change will apply to fresh purchases, additional investments, systematic transactions like SIPs and STPs, and switches. Schemes Impacted by the …
