Mutual Funds - Angel One

Bank of India Multi Asset Allocation Fund is a new open-ended fund launched on February 7th, 2024, aiming for long-term capital growth through a mix of equity, debt, and gold investments. It has a minimum investment of Rs 5,000 and offers indexation benefits for tax purposes. While there’s no exit load after one year, there’s …

Mirae Asset Nifty Small-cap 250 Momentum Quality 100 ETF is an open-ended mutual fund scheme launched by Mirae Asset Mutual Fund on February 12, 2024. It aims to track the performance of the Nifty Small-cap 250 Momentum Quality 100 Total Return Index, which consists of 100 small-cap companies selected based on a combination of momentum …

The Bajaj Finserv Large and Mid-Cap Fund is an open-ended equity scheme aiming for long-term capital appreciation through investments in a diversified portfolio of large and mid-cap stocks across various sectors. Launched on February 6th, 2024, it has a new fund offer (NFO) closure date of February 20th.  There’s no entry load, but an exit …

Nippon India Mutual Fund has launched two new index funds: Nippon India Nifty Bank Index Fund and Nippon India Nifty IT Index Fund. Both funds aim to offer investment returns in line with their respective benchmark indices – the Nifty Bank Index and Nifty IT Index – before expenses. This means the funds will passively …

Seeking an Increase After Limits Reached Two years after the Securities and Exchange Board of India (Sebi) placed restrictions on foreign investments due to concerns about exceeding the industry-wide limit of $7 billion, MFs are lobbying for an increase. Fund houses have approached the Reserve Bank of India (RBI) in recent weeks, proposing solutions like …

In January, equity funds experienced a remarkable surge in inflows, reaching their highest levels in 22 months. This surge was primarily driven by investments in multi- and small-cap schemes, propelled by the buoyant market conditions. Record-Breaking Inflows According to data released by the Association of Mutual Funds in India (AMFI), net investments into equity and …

Aditya Birla Sun Life Fixed Maturity Plan – Series UT (91 days) is a close-ended income scheme launched on February 7, 2024, aiming to generate income through fixed-income securities maturing within its 91-day tenure. With no entry or exit load, the minimum investment is Rs. 1,000. However, note that redemptions are only allowed on maturity …

Quant Mutual Fund’s quant PSU Fund is an open-ended equity scheme focused on the thematic investment in Public Sector Undertakings (PSUs). Launched on February 2nd, 2024, it aims for long-term capital appreciation by primarily investing in equity and equity-related securities of PSUs. This new fund offers closes on February 15th, 2024, and requires a minimum …

SBI Mutual Fund is launching a new open-ended equity scheme, SBI Energy Opportunities Fund, intending to provide long-term capital appreciation to investors. The fund will invest in companies across the entire energy spectrum, including traditional sectors like oil & gas and utilities, as well as new energy segments like solar and wind power. The New …

In the investment world, every penny counts. When it comes to equity mutual funds, expense ratios, and the fees charged for managing your money, can significantly impact your long-term returns. But fear not, cost-conscious investor! Here we come up with a list of lowest expense ratio equity mutual funds, unveiling options that can help you …