When we think of mutual fund investments, the perception often leans toward needing a substantial initial sum. However, the landscape has evolved, and today, investors can begin their journey with just ₹100 via a Systematic Investment Plan (SIP). This move, propelled by SEBI’s regulatory efforts, aims to democratise investing by making mutual funds more accessible …
As of January 21, 2025, a few of large-cap equity funds have shown impressive growth, with a 5-year compound annual growth rate (CAGR) nearing 20%. These funds, such as Nippon India Large Cap Fund and ICICI Prudential Bluechip Fund, have been able to deliver strong returns over the period, reflecting their consistent performance in the large-cap sector. …
Mutual funds have become one of the most popular investment options, offering a convenient way to achieve your financial goals. They are considered tax-efficient instruments, allowing investors to potentially grow their wealth while minimizing tax burdens. Unlike fixed deposits, where the interest earned is added to taxable income and taxed at the individual’s income tax …
The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing a ₹250 Small Ticket Systematic Investment Plan (SIP). Public feedback on the proposal is invited until February 6, 2025. The initiative is intended to promote financial inclusion and simplify mutual fund access for small investors. Proposal Details SEBI has proposed that …
Axis Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its funds. The record date for this distribution is set as January 17, 2025. Here’s a breakdown of the schemes and their respective distribution amounts per unit: Details of IDCW Announced Scheme Direct-IDCW (₹/unit) Regular-IDCW (₹/unit) …
Future Generali India Life Insurance has launched the Future Multicap Equity Fund, a New Fund Offer (NFO) focused on long-term capital appreciation. The fund is to invest across large-cap, mid-cap, and small-cap equity segments, offering a diversified portfolio to optimise risk and return. Fund Details The fund’s suggested asset allocation ranges from 60% to 100% …
Union Mutual Fund has submitted a draft with SEBI to launch the Union Gold ETF, an open-ended scheme aiming to replicate the domestic prices of physical gold. Launched for investors seeking returns aligned with gold prices, the fund has a risk-o-meter labelled as “high risk,” showcasing the volatility in gold markets. Features of the ETF …
SBI Mutual Fund has announced the launch of the SBI Nifty Bank Index Fund, an open-ended equity scheme that mirrors the performance of the Nifty Bank Index. The New Fund Offer (NFO) will open for subscription on January 20, 2024, and close on January 31, 2024, with the fund reopening for continuous sale and repurchase …
Baroda BNP Paribas is introducing its Energy Opportunities Fund, a sectoral and thematic equity scheme, focusing on India’s energy sector. The New Fund Offer (NFO) opens on January 21, 2025, and closes on February 4, 2025, with a minimum investment requirement of ₹1,000. The fund is for investors seeking exposure to energy-related industries. Structure and …
The Securities and Exchange Board of India (SEBI) has taken another significant step towards ensuring greater transparency and investor awareness in the mutual fund industry. In a circular issued on 17 January 2025, SEBI mandated the daily disclosure of the Information Ratio (IR) for equity-oriented mutual fund schemes. This move seeks to provide investors with …
