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 …
Gold Exchange Traded Funds (ETFs) is one of the ways to invest in gold. When looking into what is Gold ETF and Gold ETF meaning, it’s important to note that these funds are designed to track the price of gold, giving investors exposure to the metal’s value through a stock market investment. The full form …
Retirement is a significant life transition, especially when it comes to financial planning. For many senior citizens, ensuring a steady income post-retirement is essential for a comfortable lifestyle. This is where the Systematic Withdrawal Plan (SWP) in mutual funds can play a pivotal role. An SWP allows retirees to receive a fixed monthly income while …
Understanding Exchange-Traded Funds (ETFs) Exchange-Traded Funds (ETFs) offer investors a straightforward way to diversify their portfolios by tracking indices or sectors, such as the Nifty 50. ETFs blend the benefits of mutual funds with the flexibility of stocks, allowing you to hold a diversified set of assets that can be traded throughout the day on …
Mirae Asset has just filed a draft with SEBI for its latest ETF, aiming to track the BSE 200 Equal Weight Total Return Index. So what does that mean? Well, this ETF isn’t just focusing on the heavyweights but is spreading out investments equally across the top 200 companies on BSE. It’s like giving each …
Bajaj Finserv Asset Management Ltd. recently filed a draft with the Securities and Exchange Board of India (SEBI) to launch the Bajaj Finserv ELSS Tax Saver Fund. This is an equity-linked savings scheme (ELSS) designed to generate long-term capital appreciation. Offering tax benefits under Section 80C of the Income Tax Act, 1961, this scheme aligns …
Edelweiss Mutual Fund recently submitted a draft for its new Edelweiss BSE Capital Markets & Insurance ETF to SEBI, setting up an interesting opportunity for investors who want exposure to India’s capital markets and insurance sectors. Here’s a closer look at what this ETF has to offer and why it might pique your interest. Key …
For investors looking to steadily grow wealth, a monthly SIP of Rs 5,000 in a high-performing mutual fund is a great approach. With consistent contributions, you can benefit from market fluctuations, fostering disciplined savings and promoting long-term financial planning. Why Choose SIPs for Rs 5,000 Monthly? A Rs 5,000 monthly SIP is perfect for those …
Aditya Birla Sun Life Mutual Fund has introduced a new target maturity index fund: the Aditya Birla Sun Life CRISIL-IBX AAA Financial Services Index – Sep 2027 Fund. The New Fund Offer (NFO) opens for subscription on November 4, 2024, and will close on November 12, 2024. This fund will track the CRISIL-IBX AAA Financial …
