Investing consistently over time is a key principle in wealth creation. While a larger monthly investment seems like the obvious choice for accumulating wealth, the duration of investment plays a significant role in determining the final corpus. The question is: which strategy builds more wealth—a ₹5,000 monthly SIP for 30 years or a ₹15,000 monthly …
Key Highlights Comprehensive market coverage: As of January 20, 2025, the Nifty Total Market Index captures approximately 93% of India’s total market capitalisation*, ensuring broad diversification across market segments. (*As per NSE Indices Ltd.) India’s first ETF: Be a part of history with India’s first ETF tracking the Nifty Total Market Index. No entry/exit loads: Invest and …
Kotak Mahindra Mutual Fund has introduced the Kotak Nifty 100 Equal Weight ETF, an open-ended exchange-traded fund (ETF) to track the Nifty 100 Equal Weight Index. Unlike traditional market-cap-weighted indices, this index will help ensure equal allocation across 100 stocks, reducing reliance on a few large companies. The fund follows a passive investment approach, adjusting …
Bandhan Mutual Fund has launched the Bandhan Fixed Maturity Plan (FMP) – Series 209, a close-ended debt scheme with a 93-day tenure. The New Fund Offer (NFO) opens on February 3, 2025, and closes on February 10, 2025. Once the NFO period ends, fresh investments won’t be allowed, but the scheme is proposed to be …
SBI Mutual Fund has launched the SBI Nifty IT Index Fund, an open-ended scheme that aims to track the Nifty IT Index. The fund will primarily invest in stocks that are part of the index, giving investors exposure to major Indian IT companies. Subscription Period and Investment Details The New Fund Offer (NFO) will be …
ITI Mutual Fund has announced the launch of the ITI Bharat Consumption Fund, an open-ended equity scheme that invests in companies benefiting from India’s growing consumption demand. The fund’s New Fund Offer (NFO) will be open from February 6, 2025 to February 20, 2025. Fund Objective The primary objective of the ITI Bharat Consumption Fund …
The Invesco India Business Cycle Fund is a new open-ended equity scheme that follows a business cycle investing theme. This means it dynamically allocates capital between sectors and companies depending on the prevailing economic cycle. The fund aims to capture opportunities at different stages of the business cycle, offering investors exposure to companies that are …
Axis Mutual Fund, India’s eighth-largest fund house, is witnessing a turnaround in its equity fund performance after struggling for nearly 2 years. Many of its equity and hybrid schemes have now moved to the top half of the one-year return charts, with some showing improvements in longer periods as well. Key Changes Behind the Revival …
Samco Mutual Fund has introduced the Samco Large Cap Fund, an open-ended equity scheme focused on large-cap stocks. The fund aims to provide long-term capital appreciation by investing primarily in equity and equity-related instruments of large-cap companies. Like most equity schemes, there is no guarantee of returns, and the risk level is categorised as very …
HSBC Mutual Fund has announced changes in fund management responsibilities for 17 schemes, effective February 1, 2025. Most of these changes involve debt funds, while equity and arbitrage managers remain the same. List of Fund Manager Changes Scheme Previous Fund Managers New Fund Managers HSBC Arbitrage Fund Kapil Punjabi (Debt), Hitesh Gondhia (Arbitrage), Mahesh A …
