The Invesco India Business Cycle Fund is a new open-ended equity scheme that follows a business cycle investing theme. This means it dynamically allocates capital between sectors and companies depending on the prevailing economic cycle. The fund aims to capture opportunities at different stages of the business cycle, offering investors exposure to companies that are …
Axis Mutual Fund, India’s eighth-largest fund house, is witnessing a turnaround in its equity fund performance after struggling for nearly 2 years. Many of its equity and hybrid schemes have now moved to the top half of the one-year return charts, with some showing improvements in longer periods as well. Key Changes Behind the Revival …
Samco Mutual Fund has introduced the Samco Large Cap Fund, an open-ended equity scheme focused on large-cap stocks. The fund aims to provide long-term capital appreciation by investing primarily in equity and equity-related instruments of large-cap companies. Like most equity schemes, there is no guarantee of returns, and the risk level is categorised as very …
HSBC Mutual Fund has announced changes in fund management responsibilities for 17 schemes, effective February 1, 2025. Most of these changes involve debt funds, while equity and arbitrage managers remain the same. List of Fund Manager Changes Scheme Previous Fund Managers New Fund Managers HSBC Arbitrage Fund Kapil Punjabi (Debt), Hitesh Gondhia (Arbitrage), Mahesh A …
Quant Mutual Fund is set to reposition its investment strategy, gradually shifting away from defensive stocks towards cyclical and growth-oriented segments. This move is driven by evolving economic conditions both in India and globally, highlighting the importance of agility in portfolio management. The Kumbh Mela Analogy: A Pitcher of Opportunities The Kumbh Mela, a massive …
With the enactment of the Finance Bill, 2025, investors must reassess how their capital gains from mutual funds and Unit Linked Insurance Plans (ULIPs) will be taxed. The distinction between long-term and short-term capital gains remains crucial, directly affecting the tax rates applicable upon redemption or sale of investments. Here’s an in-depth look at the …
Nippon India Mutual Fund has announced changes in the fund management of several passive schemes, effective February 1, 2025. Jitendra Tolani will replace Himanshu Mange as the fund manager for multiple exchange-traded funds (ETFs) and index funds. List of Affected Schemes The following schemes will now be managed by Jitendra Tolani: ETFs: CPSE ETF, Nippon …
DSP Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for some of its schemes. The record date for this distribution is February 6, 2025. Distribution Details Investors holding units in the specified schemes on the record date will be eligible to receive the income distribution. The per-unit payout …
DSP Mutual Fund has announced changes to the fundamental attributes of DSP Global Allocation Fund of Fund. These changes, which include a shift in investment focus, a new name, a revised benchmark, and a change in risk classification, will be effective from March 11, 2025. Change in Scheme Name The fund will now be called …
HSBC Mutual Fund has launched the HSBC Financial Services Fund, an open-ended equity scheme focused on the financial sector. The New Fund Offer (NFO) will be open for subscription from February 6, 2025, to February 20, 2025. Investment Objective The scheme aims to achieve long-term capital appreciation by investing mainly in equity and equity-related securities …
