Exchange-Traded Funds (ETFs) have gained remarkable popularity among Indian investors, becoming a preferred choice for broad market exposure. Over the past few years, retail investor folios in ETF schemes, including Gold ETFs, have crossed a significant milestone of 2.5 crore as of December 2024. With ETFs now constituting nearly 12% of the total mutual fund …
The Securities and Exchange Board of India (SEBI) has taken a significant step towards enhancing financial inclusion in India. Speaking at a recent symposium, SEBI Chairperson Madhabi Puri Buch unveiled plans to introduce a ₹250 minimum systematic investment plan (SIP). As per news reports, this initiative aims to encourage small-scale investments in mutual funds, thereby …
Nippon India Mutual Fund has announced an income distribution of ₹0.20 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option of its Nippon India Balanced Advantage Fund. This income distribution applies to both the regular and direct plans of the fund. The record date for this distribution is January 13, 2025. Fund Overview …
HDFC Securities, a prominent broking firm and subsidiary of HDFC Bank, has announced a remarkable milestone in its journey. The company’s mutual fund Assets Under Management (AUM) have exceeded ₹25,000 crore, showcasing its robust growth and dedication to empowering investors with long-term wealth creation strategies. Key Drivers Behind the Achievement The exceptional growth in AUM …
Nippon Life India Asset Management Limited (NAM India) has announced the launch of the Nippon India Large Cap Fund GIFT, marking its debut offering from the GIFT City platform. This strategic milestone underscores the firm’s commitment to expanding its global footprint and providing innovative investment opportunities to international investors. What Is Nippon India Large Cap …
Axis Mutual Fund has announced modifications to the Axis All Seasons Debt Fund of Funds, effective February 14, 2025. The scheme will be renamed Axis Income Advantage Fund of Funds. Alongside the name change, the investment objective has been updated. The scheme will now aim to generate optimal medium-term returns by investing in debt-oriented mutual …
The Indian mutual fund landscape witnessed notable shifts in December 2024, as open-ended equity mutual fund inflows soared despite muted market performance. According to data released by the Association of Mutual Funds of India (AMFI) on January 9, inflows were driven by strong interest in thematic/sectoral and small-cap funds. However, the overall industry saw significant …
The mutual fund industry in India has witnessed remarkable growth in 2024, with data from the Association of Mutual Funds in India (AMFI) showcasing significant expansion across multiple fund houses. In this analysis, we explore the asset under management (AUM) growth trends, highlighting the leading players and their performance over the past year. Top Performers …
Public Sector Undertaking (PSU)-themed mutual funds, which focus on investments in state-owned enterprises, have garnered attention for their unique positioning in the market. However, the past three months have posed challenges, with several funds recording negative returns. Recent Performance Trends Over the past three months, PSU-themed mutual funds have struggled, with losses of up to …
The DSP Credit Risk Fund is an open-ended debt scheme designed to predominantly invest in AA and below-rated corporate bonds, excluding AA+ rated bonds. It offers relatively high interest rate risk and credit risk, making it a unique option within the debt fund category. The primary investment objective is to generate returns commensurate with the …
