Mutual funds are changing, reflecting evolving investment firm strategies. Different fund houses make constant efforts to provide their clients with greater diversity in terms of investment options. This article will examine some recent developments in mutual funds. 1. DSP Mutual Fund Declares Monthly Income Distribution cum Capital Withdrawal (IDCW) (16th May 2024): DSP Mutual Fund …
Quant Mutual Fund’s Impressive Growth When Quant Mutual Fund is mentioned, the first thing that comes to mind is solid returns, backed by a proven track record. This is evidenced by the remarkable growth in Quant Mutual Fund Money under Management (MuM), which has surged over 46,000% since 2019. As of April 2024, MuM stood …
The inflows in the equity mutual funds for the month of April has received a major drop of 16% which stood at Rs.18,917.09 crores. Among the equity categories, all except the Equity Linked Saving schemes(ELSS) and focused funds have seen inflows for the month of April. The highest inflows were received by sectoral funds. Scheme-wise …
Introducing the Motilal Oswal Nifty India Defence Index Fund: A Closer Look In a move signaling strategic investment opportunities, Motilal Oswal Mutual Fund has taken a significant step by filing a draft document with the Securities and Exchange Board of India (SEBI) for the launch of its India Defence Index Fund. Named the Motilal Oswal …
Overview: SIP Investments Hit New High For the first time in history, monthly investments via systematic investment plans (SIPs) surpassed the Rs 20,000 crore mark, reaching a record Rs 20,371 crore in April. This significant achievement highlights the growing popularity of SIPs as a preferred method of investment in India. AUM Rebounded Despite KYC Hurdles …
Investing in the stock market is often about finding the right balance between risk and return. While the Nifty 50, comprising India’s top 50 large-cap stocks, has long been a favored benchmark for investors looking to tap into the stability of big firms, those seeking broader market exposure and the potential for higher returns might …
The fast-moving Consumer Goods (FMCG) sector, encompassing everything from toothpaste to packaged foods, is a reliable bellwether of the Indian economy. These everyday essentials are constantly in demand, making FMCG funds a popular choice for investors seeking stability with growth potential. However, with many consumption-focused funds available, identifying those with a consistent track record of …
ICICI Prudential Asset Management Company Ltd. is a leading player in the Indian asset management industry. The company has built a strong reputation for bridging the gap between traditional savings and long-term investment goals. Through its innovative investment solutions, it aims to help investors create sustainable wealth over time. ICICI Prudential AMC is a joint …
As per KYC Registration Agencies (KRAs), roughly 1.3 crore mutual fund investor accounts are currently classified as “on hold” due to incomplete KYC information. This signifies that these investors cannot execute transactions in mutual funds, including purchases of new units or redemptions from existing holdings. The primary reason behind this classification is the submission of …
WhiteOak Capital Mutual Fund has launched two new open-ended equity schemes: WhiteOak Capital Banking & Financial Services Fund and WhiteOak Capital Pharma and Healthcare Fund. Both schemes aim for long-term capital appreciation through targeted investments in their respective sectors. The Banking & Financial Services Fund focuses on banks and companies engaged in the financial services …
