Tata Mutual Fund has declared an Income Distribution cum Capital Withdrawal (IDCW) under a few of its schemes. The record date for this distribution is set as March 5, 2025. Investors holding units on this date will receive the payout, while those purchasing units after this date will not be eligible. IDCW Amount Per Unit …
HDFC Mutual Fund has announced a name change for its HDFC Capital Builder Value Fund, which will now be called HDFC Value Fund. The change will take effect from March 15, 2025. Apart from the new name, there are no changes to the scheme’s structure, investment strategy, or terms. Fund Details The scheme follows a …
Quant Mutual Fund has filed a draft for its Quant Arbitrage Fund with the Securities and Exchange Board of India (SEBI). This will be an open-ended arbitrage scheme, focusing on opportunities in the cash and derivatives segments of the equity market. NFO Details The New Fund Offer (NFO) details are as follows: Face Value per …
Tata Mutual Fund has filed a draft for the Tata BSE Quality Index Fund with the Securities and Exchange Board of India (SEBI). The fund is an open-ended index fund designed to replicate or track the BSE Quality Total Return Index (TRI). NFO Details The New Fund Offer (NFO) details are as follows: Fund Category: …
The Indian mutual fund industry has witnessed a remarkable transformation, with women now accounting for over 25% of individual investors and holding 33% of the individual assets under management (AUM), as per news reports. This shift signifies not only greater financial independence but also a broader trend of financial inclusion. Women are taking a more …
Unifi Mutual Fund is launching the Unifi Dynamic Asset Allocation Fund, an open-ended scheme under the hybrid category. The fund will be available for subscription from March 3, 2025, to March 7, 2025. The minimum investment amount is ₹5,000, and there is no lock-in period. The exit load is 1.5% for redemptions beyond 20% of …
Kotak Mahindra Mutual Fund has introduced the Kotak Nifty Midcap 150 Index Fund, an open-ended index fund that will track the Nifty Midcap 150 Index. This fund aims to replicate the performance of midcap stocks ranked 101-250 based on market capitalization. Fund Details The New Fund Offer (NFO) details are as follows: Fund Name: Kotak …
Kotak Mahindra Mutual Fund has launched the Kotak Nifty Midcap 150 ETF, an open-ended Exchange-Traded Fund (ETF) tracking the Nifty Midcap 150 Index. The scheme aims to replicate the index’s composition and generate similar returns, subject to tracking errors. NFO Details Fund House: Kotak Mahindra Mutual Fund Issue Dates: March 3, 2025 – March 17, …
360 ONE Mutual Fund has announced an extension of the New Fund Offer (NFO) period for its 360 ONE Gold ETF, giving investors additional time to subscribe. Initially set to close on February 28, 2025, the NFO will now remain open until March 4, 2025. This is expected to provide investors with a longer window …
ICICI Prudential Mutual Fund has declared an income distribution of ₹0.16 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option for both regular and direct plans of its ICICI Prudential Multi Asset Fund. The record date for this distribution is March 4, 2025. Fund Overview The ICICI Prudential Multi Asset Fund is an …
