Direct plans are mutual fund schemes offered directly by asset management companies (AMCs), bypassing intermediaries or distributors. These plans have lower expense ratios and are often chosen by investors who seek to maximise returns by avoiding distribution costs. SBI Mutual Fund: Leading the Pack in Direct Plan AUM SBI Mutual Fund holds the top position …
Starting from April 1, 2025, a significant shift in the taxation framework for Fund of Funds (FoFs) will take effect. Under the new regime, gains from FoFs held for more than 24 months will now be considered long-term capital gains (LTCG) and taxed in line with equity-oriented investments at 12.5%. This change brings some alignment …
Bajaj Finserv Asset Management Company has opened a New Fund Offer (NFO) for its Nifty Next 50 Index Fund – Regular Growth, beginning 22 April 2025 and closing on 6 May 2025. Fund Objective and Strategy The scheme aims to invest in companies that are part of the Nifty Next 50 Index. The portfolio will …
In the March quarter of FY25, mutual funds made notable changes to their portfolios by raising their stakes in multiple large-cap companies within the Nifty500 index. Here are 10 such stocks that saw increased mutual fund holdings during the fourth quarter. Axis Bank Mutual fund shareholding in Axis Bank rose by 3 percentage points to 32.02% in Q4 …
The Indian mutual fund industry marked an unprecedented milestone in FY25, with equity-oriented schemes receiving record-breaking net inflows of ₹4.17 lakh crore. This figure more than doubled the inflows from the previous fiscal year (₹1.84 lakh crore in FY24), representing a staggering 127% year-on-year surge. This surge reflects a heightened investor interest in equity markets, …
At the CII Annual Mutual Fund Summit 2025, Manoj Kumar, Executive Director of SEBI, shared that the regulatory body is reworking mutual fund scheme categorisation. He acknowledged that the current labels used to classify mutual fund schemes are not easily understood, particularly by first-time or retail investors. Kumar stated that SEBI’s goal is to make …
Aditya Birla Sun Life Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for select schemes. The record date for all distributions is set as April 22, 2025. Schemes and Distribution The income distribution is applicable to both regular and direct plans under three mutual fund schemes. Details are …
Mutual funds have long been a smart choice for building wealth, but for many Indians, the starting cost often feels too high. This is where SBI Jan Nivesh stands out. Launched by SBI Mutual Fund in partnership with the State Bank of India, SBIJan Nivesh is designed to make mutual fund investing more inclusive by allowing SIPs (Systematic …
With a minimum monthly investment of just ₹250, Kotak Chhoti SIP and SBI Jan Nivesh SIP by Kotak Mutual Fund and SBI Mutual Fund, respectively, are tailored for small-ticket investors, especially beginners. Here’s a side-by-side comparison to help you decide which SIP aligns with your financial goals. Kotak SIP vs SBI SIP Comparison Table Feature Kotak …
Investing in index funds has become a popular strategy for individuals looking to build wealth over time with minimal effort and risk. An index fund is a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index, such as Nifty 50. These funds offer a diversified …
