HDFC Mutual Fund has filed a draft Scheme Information Document (SID) for a new debt-oriented index fund: the HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund. This is an open-ended index fund that will track the CRISIL-IBX Financial Services 3-6 Months Debt Index, focusing on short-term debt instruments in the financial services sector. Features …
Investing in gold has always been a hedge for investors as it has been considered a safer bet traditionally due to its increasing prices over the years. In the realm of gold investing, there are many ways to invest in gold, such as gold bonds, gold mutual funds, gold ETFs, physical gold and more. In …
Two new mutual fund offerings are in focus this month – Kotak Mutual Fund has opened subscriptions for its energy-focused equity scheme, while SBI Mutual Fund has filed draft papers for a fund of fund (FoF) scheme combining debt and arbitrage strategies. Kotak Energy Opportunities Fund Kotak Mutual Fund has launched the Kotak Energy Opportunities …
In a move poised to redefine digital investing, HDFC Asset Management Company (HDFC AMC), the investment manager of HDFC Mutual Fund, has introduced Tap2Invest—a tap-based investment platform that functions through WhatsApp. According to the official statement, this new feature marks an industry-first initiative and simplifies the investment journey for existing investors with KYC compliance. What Makes Tap2Invest Unique? …
Gold exchange-traded funds (ETFs) are experiencing strong demand from investors as geopolitical tensions rise and gold prices climb. A report from ICRA Analytics revealed that inflows into gold ETFs surged by 98.54% year-on-year, reaching ₹1,979.84 crore in February 2025, compared to ₹997.21 crore during the same period last year. The net assets under management (AUM) …
Unifi Mutual Fund has filed draft papers with SEBI for a new offering called the Unifi Liquid Fund, an open-ended liquid scheme that targets short-term debt investments. The fund falls under the B-I risk classification, indicating relatively low interest rate risk and moderate credit risk. Objective and Strategy The fund aims to invest in debt …
The January to March 2025 quarter was marked by heightened market volatility. Amidst this dynamic environment, mutual fund houses witnessed contrasting trends in their Assets Under Management (AUM). While some registered robust growth in average AUM, others saw a notable decline. The latest data released by the Association of Mutual Funds in India (AMFI) offers …
In the diverse landscape of equity mutual funds, value and contra funds stand out for their unique investment approaches. Unlike growth funds, which chase high-performing momentum stocks, value and contra funds focus on identifying opportunities in overlooked or undervalued segments of the market. Top 3 Contra/Value Mutual Funds Based on 5-Year Performance The following schemes …
EV-focused strategy and a fresh top 10 large-cap equal weight play enter the market with new details and timelines. EV & New Age Auto ETF FOF Gets Extension ICICI Prudential Mutual Fund has extended the NFO period for its Nifty EV & New Age Automotive ETF Fund of Funds by one day. Originally slated to close on April …
The mutual fund industry’s net investment into the Indian equity market fell sharply to ₹13,458.85 crore in March 2025, according to the latest data released by the Securities and Exchange Board of India (SEBI). This marked the lowest level of monthly deployment since July 2023, when the figure stood at ₹7,707 crore. This drop follows …
