Mutual Funds - Angel One

Quant Mutual Fund has achieved an incredible feat, surpassing the Rs 1 lakh crore Money under Management (MuM) as of the end of September 2024. This phenomenal growth is not just an ordinary achievement; it represents a staggering increase of 60,743% since 2019. Let’s delve into the journey, the highlights, and the key portfolio changes …

Introduction UTI Mutual Fund has filed a draft with SEBI for a new thematic equity fund called the UTI Active Factor Equity Fund. This open-ended fund aims to achieve long-term capital appreciation by investing primarily in equities and equity-related instruments. Let’s dive deeper into what makes this fund a potential addition to your investment portfolio. …

Introduction Navi Mutual Fund has recently filed a draft with SEBI for the Navi Nifty Smallcap250 Momentum Quality 100 Index Fund, an open-ended index fund that seeks to replicate or track the Nifty Smallcap250 Momentum Quality 100 Total Return Index (TRI). This fund is designed to provide investors an opportunity for capital appreciation by investing …

Introduction to Helios Large & Mid Cap Fund Helios Mutual Fund has announced its upcoming new fund offer (NFO) for the Helios Large & Mid Cap Fund – Regular (G), an open-ended equity scheme focusing on large and mid-cap companies. The NFO will be open for subscription from October 10, 2024, to October 24, 2024. …

To meet the various needs of investors, ICICI Prudential Mutual Fund provides a broad range of investment options, including debt, hybrid, and equity funds. In the Indian mutual fund market, ICICI Prudential Mutual Fund has established itself as a reliable brand thanks to its solid track record of generating steady returns and commitment to client …

Asset Management Companies (AMCs) introduce new Fund Offers (NFOs) to create new mutual fund schemes. These companies design and manage the funds, allowing investors to invest during the initial phase. NFOs usually have a set subscription period, after which they become available for regular investments. Let’s look at the upcoming NFOs in October 2024.  Upcoming …

Mirae Asset Mutual Fund has announced a significant reduction in the minimum investment amounts for its Systematic Investment Plans (SIPs), effective from October 1, 2024. The new monthly and quarterly SIP amounts will be as low as ₹99, with subsequent investments allowed in multiples of ₹1 across all schemes managed by the fund, with the …

ICICI Prudential Mutual Fund has introduced the ICICI Prudential Nifty200 Value 30 ETF, an open-ended index Exchange-Traded Fund (ETF) that tracks the Nifty200 Value 30 Index. This smart beta product uses a factor-based strategy, designed to provide value-driven investments at a low cost. The New Fund Offer (NFO) opens on September 30, 2024, and will …

Axis Mutual Fund has recently filed a scheme information deed (SID) to launch the Axis CRISIL-IBX AAA Financial Services Index – Sep 2027 Fund. It is an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA Financial Services Index – Sep 2027. Investment Objective The investment objective of the Axis CRISIL-IBX AAA Financial …

The Securities and Exchange Board of India (SEBI) is poised to introduce a new regulatory framework, MF Lite, designed to streamline operations for passive funds like index funds and ETFs. This move, as highlighted by SEBI Chairperson Madhabi Puri Buch, aims to foster growth in the passive investment space. What is MF Lite? MF Lite …