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 …
The investment landscape in India is about to witness a major transformation with the anticipated launch of Mutual Fund Lite, a revolutionary asset class designed to fill the gap between mutual funds (MFs) and portfolio management services (PMS). On September 30, the Securities and Exchange Board of India (Sebi) is expected to approve this new …
Kotak Mutual Fund, one of the leading AMCs in India has filed a draft Scheme Information Deed (SID) with the market regulator, SEBI to launch Kotak BSE Index Fund. This is an open-ended scheme replicating/tracking the BSE Sensex Index. Investment Objective The investment objective of the Kotak BSE Index Fund is to provide returns that, …
Kotak Mutual Fund has recently filed a draft scheme information deed (SID) with the market regulator, the Securities and Exchange Board of India (SEBI) to launch an open-ended scheme replicating/tracking the Nifty Midcap 150 Index, Kotak Nifty Midcap 150 Index Fund. Investment Objective The investment objective of the Kotak Nifty Midcap 150 Index Fund is …
Fund Objective The objective of the Tata Nifty Capital Markets Index Fund is to replicate or track the performance of the Nifty Capital Markets Index (TRI). The fund aims to provide returns that align with the index’s performance before accounting for expenses. However, it’s important to note that the fund does not guarantee or assure …
Tata Mutual Fund has recently filed a draft scheme information deed (SID) with the market regulator, the Securities and Exchange Board of India (SEBI), to launch a new open-ended equity scheme, Tata India Innovation Fund, following an innovation theme. Investment Objective The investment objective of the Tata India Innovation Fund is to provide investors with …
The Indian mutual fund industry witnessed a substantial surge in assets under management (AUM) over the past year. According to the Association of Mutual Funds in India (AMFI), total AUM increased by 40.70% from ₹46.94 lakh crore in August 2023 to ₹66.04 lakh crore in August 2024. This growth was primarily driven by increased investments …
Introduction Groww Mutual Fund is introducing the Groww Nifty 200 ETF, an open-ended exchange-traded fund (ETF) that aims to track the performance of the Nifty 200 Index – Total Return Index (TRI). This ETF is designed to offer investors an opportunity to achieve long-term capital growth by investing in the companies that constitute the Nifty …
Fund Name: Tata India Innovation Fund The Tata India Innovation Fund is an open-ended equity scheme that primarily invests in companies engaged in innovative strategies and themes. It focuses on firms expected to benefit from advancements in technology, products, and services, providing investors with opportunities for long-term capital appreciation. Objective of the Fund The fund’s …
Enjoy ₹0 Account Opening Charges
Join our 2 Cr+ happy customers
