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 …
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 …
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 …
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 …
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 …
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 …
ICICI Prudential Mutual Fund has declared Income Distribution cum Capital Withdrawal (IDCW) for select schemes. The record date for this distribution is January 2, 2025. Investors holding units in the specified schemes as of this date will be eligible for the announced payouts. This distribution aligns with the fund house’s commitment to sharing consistent returns …
Mirae Asset Mutual Fund has unveiled its latest offering, the Mirae Asset Small Cap Fund, designed for investors seeking exposure to small-cap stocks. The new fund offer (NFO) opens for subscription on January 10, 2025, and closes on January 25, 2025. It will reopen for continuous sale and repurchase on February 3, 2025. Investment Objective …
Baroda BNP Paribas Mutual Fund has announced an update to its Focused Fund’s investment strategy, effective February 6, 2025. This change demonstrates the fund’s objective to adapt to market dynamics while continuing its emphasis on long-term wealth creation. With a broader portfolio scope and a regulatory-mandated exit window, investors have the flexibility to evaluate the …
UTI Mutual Fund has announced the launch of the UTI Quant Fund, an open-ended equity scheme based on a quantitative investment theme. The New Fund Offer (NFO) will open on January 2, 2025, and close on January 16, 2025, with continuous sales and repurchases starting from January 24, 2025. The fund aims to provide long-term …
