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Mutual Funds’ Cash Pile Hits ₹1.87 Lakh Crore in December 2024: Key Trends and Insights

Mutual Funds’ Cash Pile Hits ₹1.87 Lakh Crore in December 2024: Key Trends and Insights

14 January 2025

The mutual fund industry witnessed a notable increase in cash holdings in December 2024. The total cash pile of mutual funds rose by ₹6,937 crore on a monthly basis, from ₹1.80 lakh crore in November to about ₹1.87 lakh crore in December. This rise highlights changing trends in cash allocation and equity asset management among …

How Long Does It Take for ₹6.5 Lakh Lump Sum Investment to Grow into ₹3 Crore?

How Long Does It Take for ₹6.5 Lakh Lump Sum Investment to Grow into ₹3 Crore?

14 January 2025

Lump sum investments are a popular choice for individuals with a substantial amount of money to invest and a long-term financial goal. They offer the potential for significant wealth creation over time but also come with inherent risks due to market volatility. This article explores how a ₹6.5 lakh lump sum investment in mutual funds …

Bandhan Mutual Fund Files For Fixed Maturity Plan – Series 209

Bandhan Mutual Fund Files For Fixed Maturity Plan – Series 209

15 January 2025

Bandhan Mutual Fund has launched its Fixed Maturity Plan (FMP) – Series 209, a close-ended debt scheme with a tenure of 93 days. Units are priced at ₹10 during the New Fund Offer (NFO) period. Notably, the scheme will be listed on the Bombay Stock Exchange (BSE), ensuring liquidity for investors seeking to exit before …

Minda Corporation Share Price Jumps 5%; Forms Strategic Partnership with Flash Electronics

Minda Corporation Share Price Jumps 5%; Forms Strategic Partnership with Flash Electronics

15 January 2025

Minda Corporation Limited (Minda Corp), the flagship company of the Spark Minda Group, has formed a strategic partnership with Flash Electronics. This collaboration aims to establish the fastest-growing EV platform in India. As of 11:30 AM on January 15, 2025, Minda Corp’s share price surged by 5%. Complementary Expertise for a Synergetic Partnership Minda Corp, …

Exploring 11 Equity Mutual Funds with AUM Over ₹50,000 Crore

Exploring 11 Equity Mutual Funds with AUM Over ₹50,000 Crore

15 January 2025

Introduction Equity mutual funds have consistently attracted investors due to their potential for long-term wealth creation. Among these, several schemes have surpassed the ₹50,000 crore mark in Assets Under Management (AUM). This article explores 11 such mutual funds, highlighting their latest AUM.  1. HDFC Balanced Advantage Fund The largest equity mutual fund, HDFC Balanced Advantage …

SIP Return: ₹1,111 Per Month for 30-Year vs ₹11,111 for 12-Year – The Result Will Amaze You!

SIP Return: ₹1,111 Per Month for 30-Year vs ₹11,111 for 12-Year – The Result Will Amaze You!

15 January 2025

Systematic Investment Plans (SIPs) are a popular and convenient way to invest in mutual funds, allowing individuals to invest surplus funds gradually. SIPs enable investors to stay committed to their financial strategy while leveraging the power of compounding. Compounding, often called the eighth wonder of the world, allows investments to grow exponentially over time. This …

ETF Boom: Retail Investor Folios Cross 2.5 Crore – Top 5 Reasons Why ETFs Are the Common Man’s Favourite

ETF Boom: Retail Investor Folios Cross 2.5 Crore – Top 5 Reasons Why ETFs Are the Common Man’s Favourite

15 January 2025

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 …

SEBI to Introduce ₹250 SIPs to Encourage Small Investments

SEBI to Introduce ₹250 SIPs to Encourage Small Investments

13 January 2025

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 Declares Income Distribution for Balanced Advantage Fund

Nippon India Mutual Fund Declares Income Distribution for Balanced Advantage Fund

13 January 2025

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 Achieves ₹25,000 Crore AUM in Mutual Funds, Thanks to SIPs

HDFC Securities Achieves ₹25,000 Crore AUM in Mutual Funds, Thanks to SIPs

10 January 2025

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 …

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