In 2023, the Nifty 50 index saw a 19.42% increase in returns compared to the previous year. Since 2016, the Nifty 50 has shown positive annual returns each year. Nifty 50 index is a key indicator of the Indian stock market, reflecting the performance of the 50 largest companies listed on the National Stock Exchange …
On September 02, 2024, HDFC Mutual Fund submitted a draft scheme information deed (SID) for HDFC Nifty India Digital Index Fund. HDFC Nifty India Digital Index Fund is an open-ended scheme replicating/tracking the Nifty India Digital Index (TRI). The scheme falls under the index fund category. The minimum investment in the NFO has been set …
The HDFC Commodities Fund is an open-ended equity scheme targeting investments in companies within the commodity and related sectors. This thematic fund aims to achieve long-term capital appreciation by focusing on equity and equity-related securities in areas such as oil, cement, power, chemicals, and metals. However, these investment goals are not guaranteed. New Fund Offer …
Templeton Asset Management India Pvt. Ltd. was the name under which Franklin Templeton Investments first conducted business in India back in 1996. The organization is in charge of $724.1 billion in assets globally. Franklin Templeton Mutual Fund is a trust that is registered with SEBI. NFO Update from Franklin Templeton Mutual Fund: The most recent …
Bandhan Mutual Fund has introduced a new investment opportunity with the launch of the Bandhan Nifty Midcap 150 Index Fund. This open-ended scheme is designed to track the Nifty Midcap 150 Index, offering investors a chance to participate in the midcap segment of the Indian stock market. The New Fund Offer (NFO) is currently open …
Baroda BNP Paribas Mutual Fund has announced the launch of the Baroda BNP Paribas Dividend Yield Fund, an open-ended equity scheme, which began on August 22, 2024. Investors now have the opportunity to subscribe to the fund until September 5, 2024. The minimum investment required to participate is Rs. 1,000, making it accessible to a …
Edelweiss Mutual Fund Edelweiss Mutual Funds is a rising name in India’s mutual fund industry, backed by the expertise of Edelweiss Financial Services Ltd. The company recently launched the Edelweiss Nifty Bank ETF, an open-ended exchange-traded fund (ETF) designed to track the performance of the Nifty Bank Total Return Index. The New Fund Offer (NFO) …
Travel and tourism in India have witnessed a significant surge in recent years, with more people prioritizing experiences over material possessions. Kotak Mahindra Asset Management has tapped into this growing trend by introducing the Kotak Nifty India Tourism Index Fund, an open-ended scheme designed to replicate or track the Nifty India Tourism Index. Travel Boom: …
UTI Mutual Fund, one of the leading asset management companies in India, has introduced the UTI Nifty Private Bank Index Fund, an open-ended index scheme designed to replicate the performance of the Nifty Private Bank Total Return Index (TRI). The New Fund Offer (NFO) opened on September 2, 2024, and will close on September 16, …
The fund manager in India with the fastest growth is UTI Asset Management Company, which was founded in 2003. Investment solutions are abundant and include venture funds, alternative investment funds, retirement solutions, portfolio management services (PMS), and more. UTI AMC has 15,648.55 crore worth of assets under management in total. The management of all UTI …
