Fixed Maturity Plans (FMPs) are ideal for investors seeking predictable and stable returns over a specific tenure. The Kotak FMP Series, as detailed in the draft filed with SEBI by Kotak Mahindra Mutual Fund, is a close-ended debt scheme that provides clarity and flexibility for conservative investors. Investment Objectives and Application Details The Kotak FMP …
HDFC Nifty100 Quality 30 Index Fund is an open-ended index scheme designed to replicate or track the Nifty100 Quality 30 Index (Total Return Index). This innovative fund aims to offer investors a diversified yet focused exposure to high-quality stocks based on established metrics. With a well-defined structure, it provides an efficient avenue for passive investing …
Axis Max Life Insurance Ltd, formerly known as Max Life Insurance Company Ltd, has introduced the Axis Max Life Sustainable Wealth 50 Index Fund. This new fund offers a tailored investment strategy aimed at sustainable wealth creation by targeting cash-flow-generating companies. Fund Objective The Sustainable Wealth 50 Index Fund is designed to invest in 50 …
Kotak Mahindra Mutual Fund has introduced its latest offering, the Kotak Nifty Smallcap 250 Index Fund, an open-ended scheme aimed at replicating or tracking the Nifty Smallcap 250 Index. This fund is designed to provide investors with passive exposure to small-cap equities, focusing on diversification and alignment with market trends. Key Details and Investment Objectives …
HDFC Mutual Fund has launched the HDFC CRISIL-IBX AAA Bond Financial Services Index Sep 2027 Fund, a target maturity fund offering investors exposure to AAA-rated bonds. This scheme tracks the CRISIL-IBX AAA Financial Services Index, ensuring moderate interest rate risk and low credit risk while providing growth-oriented investment options. Key Features of the Fund Index-Based …
In January 2025, the Nifty 50 Index fund continues to serve as a key indicator of the Indian stock market, representing 50 prominent companies from various sectors. According to the AMFI data, as of November 2024, the total Assets Under Management (AUM) for Index Funds reached ₹2,73,175 crore, up from ₹2,23,054.50 crore in April 2024, reflecting a …
Kotak Mahindra Mutual Fund has launched the Kotak Nifty Smallcap 250 Index Fund. The fund is designed to track and replicate the performance of the Nifty Smallcap 250 Index. It will be open for public subscription from January 6, 2025, to January 20, 2025. About the Nifty Smallcap 250 Index The Nifty Smallcap 250 Index …
ICICI Prudential Mutual Fund has unveiled its latest offering—the ICICI Prudential Rural Opportunities Fund, an open-ended equity scheme focused on tapping growth opportunities in rural and allied sectors. This New Fund Offer (NFO) opens on January 9, 2025, and closes on January 23, 2025. Why Focus on Rural Development? Rural India contributes a significant portion …
DSP Mutual Fund has announced the launch of its latest offering, the DSP BSE Sensex Next 30 ETF. This is an open-ended exchange-traded fund (ETF) designed to replicate or track the performance of the BSE SENSEX Next 30 Index. Category and Key Features of the Scheme Category: Exchange Traded Fund (ETF). Benchmark: BSE SENSEX Next …
The HSBC Mutual Fund has drafted its Financial Services Fund with SEBI, showcasing its potential to cater to investors focused on India’s thriving financial services sector. Designed as an open-ended equity scheme, the fund aims to offer long-term capital appreciation while maintaining flexibility and transparency in its offerings. Investment Focus and Fund Structure The primary …
