Debt SIP (Systematic Investment Plan) mutual funds allow investors to invest in fixed-income securities through regular, systematic contributions. These funds primarily invest in bonds, government securities, and money market instruments. Debt funds experienced moderate growth of ~7% in FY 2024, reaching assets of ₹12.62 lakh crore, after contracting 2% and 9% in FY 2022 and …
Aditya Birla Sun Life Mutual Fund has declared the record date for Income Distribution cum Capital Withdrawal (IDCW) across several of its schemes. The record date for the distribution is December 20, 2024. Here are the details of the schemes and the distribution amounts for both the regular and direct plans. Schemes & IDCW Details …
SBI Mutual Fund has announced a major update to the exit load structure of its SBI Long Duration Fund, with the revised terms coming into effect on December 19, 2024. This update aims to provide a more straightforward and flexible redemption process for prospective investors in the scheme. What Has Changed? The revised structure eliminates …
ICICI Prudential Mutual Fund has announced an income distribution for some of its schemes under the Income Distribution cum Capital Withdrawal (IDCW) option. Investors should note the record date of January 9, 2025, to determine their eligibility for these payouts. Here are the details of the distributions for each scheme. Payouts Under the Bluechip Fund …
Mirae Asset Mutual Fund has unveiled its latest offering, the Mirae Asset Small Cap Fund, designed for investors seeking exposure to small-cap stocks. The new fund offer (NFO) opens for subscription on January 10, 2025, and closes on January 25, 2025. It will reopen for continuous sale and repurchase on February 3, 2025. Investment Objective …
ICICI Prudential Mutual Fund has declared Income Distribution cum Capital Withdrawal (IDCW) for select schemes. The record date for this distribution is January 2, 2025. Investors holding units in the specified schemes as of this date will be eligible for the announced payouts. This distribution aligns with the fund house’s commitment to sharing consistent returns …
Fixed Maturity Plans (FMPs) are ideal for investors seeking predictable and stable returns over a specific tenure. The Kotak FMP Series, as detailed in the draft filed with SEBI by Kotak Mahindra Mutual Fund, is a close-ended debt scheme that provides clarity and flexibility for conservative investors. Investment Objectives and Application Details The Kotak FMP …
HDFC Nifty100 Quality 30 Index Fund is an open-ended index scheme designed to replicate or track the Nifty100 Quality 30 Index (Total Return Index). This innovative fund aims to offer investors a diversified yet focused exposure to high-quality stocks based on established metrics. With a well-defined structure, it provides an efficient avenue for passive investing …
Axis Max Life Insurance Ltd, formerly known as Max Life Insurance Company Ltd, has introduced the Axis Max Life Sustainable Wealth 50 Index Fund. This new fund offers a tailored investment strategy aimed at sustainable wealth creation by targeting cash-flow-generating companies. Fund Objective The Sustainable Wealth 50 Index Fund is designed to invest in 50 …
Kotak Mahindra Mutual Fund has introduced its latest offering, the Kotak Nifty Smallcap 250 Index Fund, an open-ended scheme aimed at replicating or tracking the Nifty Smallcap 250 Index. This fund is designed to provide investors with passive exposure to small-cap equities, focusing on diversification and alignment with market trends. Key Details and Investment Objectives …
