Nippon India Mutual Fund has announced changes to the benchmarks for 2 of its fixed horizon funds, effective January 30, 2025. The revision aligns with the fund house’s objective of keeping its benchmarks relevant to evolving market conditions. What’s Changing? The affected schemes and their benchmark revisions are as follows: Scheme Name Existing Benchmark Revised …
New Fund Offers (NFOs) help mutual fund companies launch new investment schemes, covering various options like equity, debt, and sector-focused funds. In February 2025, several NFOs will be available in the market. This article lists the upcoming NFOs for February 2025. Upcoming NFOs in February 2025 Fund Name Initial Investment NFO Start Date NFO End …
Tata Mutual Fund has announced a change in the fund management structure of its Tata Multicap Fund, effective January 27, 2025. The fund, previously co-managed by Murthy Nagarajan (Debt), Rahul Singh (Equity), and Tejas Gutka (Co-Fund Manager Equity), will now be co-managed by Murthy Nagarajan (Debt) and Meeta Shetty. Management Changes in Tata Multicap Fund …
Unifi Mutual Fund has filed the Scheme Information Document (SID) for its new offering, the Unifi Dynamic Asset Allocation Fund. This is an open-ended hybrid scheme that allocates assets across equity, debt, and money market instruments to generate income and capital appreciation over the medium to long term, but there is no guarantee of returns. …
HDFC Asset Management Company (HDFC AMC) has launched the HDFC Nifty100 Quality 30 Index Fund, a passive mutual fund that tracks the Nifty100 Quality 30 Total Returns Index (TRI). The New Fund Offer (NFO) opens on January 31, 2025, and closes on February 14, 2025. Investors can enter with a minimum investment of ₹100. There …
Kotak Mahindra Mutual Fund has introduced a New Fund Offer (NFO) under the debt target maturity category, the Kotak CRISIL-IBX AAA Financial Services Index – Dec 2026 Fund (Regular-Growth). This open-ended target maturity index fund is to track the performance of AAA-rated financial services sector bonds that mature around December 2026. It offers a structured …
Kotak Mahindra Mutual Fund has introduced a new target maturity debt index fund, the Kotak CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund (Direct Plan). This fund aims to provide returns in line with the CRISIL-IBX AAA Financial Services Index – Dec 2026, which comprises AAA-rated bonds from the financial services sector. Fund …
Edelweiss Asset Management Limited has launched the Edelweiss Consumption Fund, an open-ended equity scheme that focuses on investing in companies within consumption and allied sectors. The fund aims to generate long-term capital appreciation, though there is no guarantee of achieving this objective. This New Fund Offer (NFO) is available in two plans consisting of Edelweiss …
Union Mutual Fund has extended the New Fund Offer (NFO) period for its Union Short Duration Fund- Direct Plan, giving investors an extra day to participate. Originally set to close on January 28, 2025, the NFO will now conclude on January 29, 2025. Investment Objective and Strategy The Union Short Duration Fund is an actively …
DSP Mutual Fund has announced an income distribution under the IDCW option for passive mutual fund schemes, with the record date set as January 30, 2025. Here is the list of mutual fund schemes along with the amount of income distribution announced: Schemes Distribution (₹/unit) DSP Nifty 50 Equal Weight Index Direct-IDCW 1.1 …
