Introduction Mirae Asset Investment Managers (India) Private Limited has filed a draft paper with SEBI for their new scheme—Mirae Asset Long Duration Fund. This is an open-ended debt scheme designed to invest in instruments where the portfolio’s Macaulay duration exceeds 7 years. Let’s dive into the key details of this fund. Mirae Asset Long Duration …
Fund Objective The primary objective of the DSP Dividend Yield Fund is to provide capital appreciation and/or dividend distribution. This is achieved through a well-diversified portfolio of equity and equity-related instruments from dividend-yielding companies. However, like most mutual funds, there is no assurance that the objective will be realized. Category of the Mutual Fund The …
In a major development for investors, Groww Mutual Fund is set to launch the Groww Nifty India Defence ETF, with the issue opening from September 23 to October 4, 2024. This new exchange-traded fund (ETF) aims to tap into the growing defence sector in India, providing a unique investment opportunity for those looking to diversify …
The HDFC Mutual Fund has submitted a draft scheme information document (SID) for the HDFC Equity Allocator Fund of Funds with the Securities and Exchange Board of India (SEBI). Below is a comprehensive breakdown of the key aspects of the fund. The objective of the Scheme The primary objective of the HDFC Equity Allocator Fund …
Introduction Investors seeking long-term capital growth with low tracking error can consider the Motilal Oswal Nifty Capital Market Index Fund. This open-ended scheme aims to replicate the Nifty Capital Market Total Return Index and is ideal for those looking for passive investment strategies. Objective of the Fund The primary objective of the Motilal Oswal Nifty …
Introduction Aditya Birla Sun Life Income Optimiser Fund of Funds has filed its draft papers with the Securities and Exchange Board of India (SEBI). This open-ended fund of funds scheme will invest in both equity-oriented and debt-oriented schemes. Here’s a breakdown of the fund’s objectives, asset allocation, key personnel managing the fund, and more. Fund …
Mirae Asset Nifty PSU Bank ETF: Capturing the Public Sector Banking Mirae Asset Investment Managers (India) Pvt. Ltd. is introducing a new fund, the Mirae Asset Nifty PSU Bank ETF. This open-ended scheme aims to replicate or track the Nifty PSU Bank Total Return Index, offering investors a targeted approach to public sector banks in …
Mirae Asset, a global mutual fund asset manager, offering innovative investment solutions, has come up with its latest offering, the Nifty Metal ETF, which is set to capitalize on the growing momentum in India’s metal industry. This New Fund Offer (NFO) opens on 20th September 2024 and closes on 30th September 2024, providing investors with …
WhiteOak Capital Mutual Fund is to launch its latest investment opportunity, the WhiteOak Capital Digital Bharat Fund. This open-ended equity fund is set to begin accepting subscriptions on September 20, 2024, and will remain open until October 4, 2024. Fund Details & Terms The Digital Bharat Fund is tailored for those looking to invest in …
The Kotak Mahindra Mutual Fund is in the process of launching its new product called the Nifty Midcap 150 Momentum 50 Index Fund. This open-ended scheme will replicate the Nifty Midcap 150 Momentum 50 Index and will open for Subscription on 19th September and close on 3rd October 2024. What’s the Fund About? The premise …
