Exchange-traded funds (ETFs) have become a favoured choice for Indian investors in recent years. Thanks to a more diverse financial environment and greater access to global markets, ETFs offer a low-cost, simple approach to building a diversified portfolio. Popular with both retail and institutional investors, they track various indices and asset classes while providing flexibility …
DSP Mutual Fund has announced a benchmark update for its Fixed Maturity Plan (FMP) Series 264 – 60M – 17D. Effective December 31, 2024, the scheme will transition from the CRISIL Medium to Long Term Debt Index to the CRISIL Medium to Long Duration Debt A-III Index. Details of the Benchmark Change The CRISIL Medium …
As we approach January 2025, the equity mutual fund landscape in India is becoming increasingly attractive, with many funds delivering strong returns. As of November 30, 2024, the number of schemes across various categories continued to grow, with significant funds mobilised across both open-ended and close-ended schemes. As per the latest AMFI data, equity-oriented schemes, …
What Are Dynamic Asset Allocation Mutual Funds? Dynamic Asset Allocation Mutual Funds, also known as Balanced Advantage Funds, are hybrid funds that invest in a mix of equities and fixed-income instruments. The key feature of these funds is their ability to dynamically adjust the asset allocation based on prevailing market conditions. This flexibility aims to …
SBI Mutual Fund has announced the suspension of fresh subscriptions to its international scheme, the SBI International Access – US Equity FoF. This move aims to prevent breaching the industry-wide overseas investment limit set by the Reserve Bank of India (RBI). The fund house informed unitholders about this development through an official notice-cum-addendum. Effective Date …
Canara Robeco Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for its Mid Cap Fund. This update provides crucial details for investors looking to track their portfolio performance and payouts. Income Distribution Details For investors opting for the IDCW plan, the distribution amounts have been declared as follows: …
Baroda BNP Paribas Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for its hybrid fund. This announcement provides unit holders with the specifics regarding the payout and record date. Distribution Details Under the IDCW option, the Baroda BNP Paribas Aggressive Hybrid Direct-IDCW will distribute ₹0.15 per unit, while …
Making your first crore is a financial milestone that many young earners aspire to achieve. While it might sound intimidating, the path to this goal is more straightforward than it seems. With systematic investing, disciplined planning, and patience, anyone can build substantial wealth over time. This article is especially relevant for Gen Z—those in their …
Systematic Investment Plans (SIPs) have emerged as a disciplined and effective approach to wealth creation. However, recent data from the Association of Mutual Funds in India (AMFI) reveals a concerning trend—SIP stoppage ratios have surged to near-record levels. In November, the stoppage ratio rose to 79.12%, the 3rd-highest level ever recorded, reflecting investor anxiety amid …
HDFC Mutual Fund has announced a name change for its large-cap equity scheme, HDFC Top 100 Fund. Effective January 1, 2025, the scheme will be renamed as HDFC Large Cap Fund, as per a notice-cum-addendum issued on December 24, 2024. Fund Overview & Investment Strategy HDFC Large Cap Fund is an open-ended equity scheme that …
