The UTI Nifty Midcap 150 Quality 50 Index Fund—Regular Plan invests in a diverse portfolio of midcap companies that demonstrate quality attributes in an effort to give investors long-term capital appreciation. The fund focuses on businesses that are part of the Nifty Midcap 150 Quality 50 Index and employs a thematic equity approach. The fund, …
UTI Mutual Fund is set to launch the UTI Nifty Alpha Low-Volatility 30 Index Fund, an open-ended equity fund in the large-cap category. The New Fund Offer (NFO) will be open for subscription from November 11, 2024, to November 25, 2024. Fund Overview This is an open-ended equity fund in the large-cap category, designed to …
Tata Asset Management is all set to launch its latest offering, the Tata India Innovation Fund, with subscriptions opening from November 11 to 25, 2024. This open-ended fund is built to tap into India’s booming innovation scene, investing in companies at the cutting edge of technology, from artificial intelligence and machine learning to digital transformation. …
Systematic Investment Plans (SIPs) have evolved into a robust tool for capitalising on market opportunities, especially in today’s uncertain economic landscape. The testament to this is the fact that in September 2024 alone, SIP inflows reached an impressive Rs 24,509 crore, with over 66.39 lakh new SIP accounts registered. With global markets experiencing volatility from …
A well-known brand in the Indian asset management market, Edelweiss Mutual Fund is renowned for its cutting-edge products designed to satisfy a wide range of investor demands. The mutual fund division of Edelweiss Asset Management Limited is a division of the broader Edelweiss Group, which offers financial services like insurance, wealth management, and credit. Edelweiss …
Samco Mutual Fund launched the Samco Arbitrage Fund with the goal of investing in arbitrage opportunities between the spot and futures prices of exchange-traded stocks as well as within the derivative segment, contingent on the scheme’s asset allocation pattern and investment objective. The scheme may make investments in debt and money market securities if the …
Axis Mutual Fund is set to launch the Axis CRISIL-IBX AAA Bond Financial Services – Sep 2027 Index Fund, an open-ended target maturity index fund that’s all about safety, stability, and sticking to the plan. Targeting bonds with the highest AAA rating in the financial services sector, this fund promises moderate risk while focusing on …
The Nifty 50 Index Mutual Fund is a type of investment fund that mirrors the performance of the Nifty 50 Index, which represents the top 50 large-cap companies listed on the National Stock Exchange (NSE) of India. These funds aim to replicate the returns of the index by investing in the same stocks in the …
Introduction: Riding the Consumption Wave India’s consumption landscape is evolving rapidly, fueled by rising income levels, urbanization, and a shift toward discretionary spending. To capitalize on these megatrends, Bajaj Finserv AMC has launched the Bajaj Finserv Consumption Fund. This open-ended equity scheme is tailored to capture emerging growth opportunities across diverse consumption-focused sectors like FMCG, …
SBI Mutual Fund, India’s largest asset management company (AMC), achieved a significant milestone in the September quarter (Q2 FY 2025), reaching an average asset under management (AAUM) of ₹10.99 lakh crore, as per data from the Association of Mutual Funds in India (AMFI). This marks a remarkable leap from ₹9.14 lakh crore at the end …
