Effective from November 1, 2024, SEBI (Securities and Exchange Board of India) has rolled out three important changes in how Asset Management Companies (AMCs) disclose key information about mutual fund schemes. Aimed at making mutual fund investing more transparent and user-friendly, these changes address critical areas: scheme expenses, returns, and risk assessment. Here’s what you …
The Securities and Exchange Board of India (SEBI) has implemented a new rule requiring mutual fund houses to disclose the expense ratios separately for direct and regular mutual fund plans. This initiative aims to increase transparency and help investors better understand the costs associated with their investments. Direct plans were introduced in 2013 to allow …
A prominent asset management firm in India, Aditya Birla Sun Life Mutual Fund (ABSLMF) is a member of the Aditya Birla Capital group. Founded as a joint venture between Sun Life Financial, Canada, and the Aditya Birla Group, it provides both retail and institutional investors with a broad selection of mutual fund schemes, such as …
Nippon India Mutual Fund has announced the launch of the Nippon India Nifty Auto Index Fund- a sector-specific, open-ended index fund designed to replicate the performance of the Nifty Auto Index. Whether you’re into long-term equity investments or just looking to park some money in a growing sector, this fund might be of interest. What’s …
Quant Small Cap Fund Portfolio Changes: A Closer Look The Quant Small Cap Fund has seen notable changes in its portfolio, with fresh additions, selective reductions, and adjustments in cash holdings. Here’s an analysis of the key moves and their potential implications. Reliance Industries Maintains Lead Position Reliance Industries remains the fund’s largest holding, constituting …
Quant Flexi Cap Mutual Fund: October Portfolio Insights Quant Flexi Cap Mutual Fund has released its October portfolio, revealing some notable changes in holdings and performance metrics. Here are the key highlights and takeaways: Strong NAV Growth The fund has reported an impressive NAV growth of 46.29% year-on-year, showcasing robust performance. Significant Portfolio Adjustments Top …
Portfolio Highlights Motilal Oswal Midcap Fund has made notable adjustments in its October 2024 portfolio, with significant changes in both holdings and allocations. Here’s a closer look at the key movements and updates. Major Changes in Top Holdings Coforge Takes the Lead Coforge Limited has now become the largest holding in the portfolio, moving ahead …
New ETFs Launched in India in 2024: An Overview The Indian mutual fund industry witnessed a surge in Exchange-Traded Funds (ETFs) in 2024, with 31 new launches mobilising Rs 1,248 crore as per AMFI data. This boom in ETFs reflects the growing appetite for diversified, low-cost investment options that track various indices, offering investors sector-specific …
Overview of 2024’s Mutual Fund Schemes Indian mutual funds in 2024 have launched schemes that align with market demand for flexibility and sectoral investments, bringing in a mix of open-ended and close-ended schemes. Here, we dive into the number of schemes launched in each category and the total funds mobilised from January to September. Open-Ended …
The UTI Nifty Midcap 150 Quality 50 Index Fund—Regular Plan invests in a diverse portfolio of midcap companies that demonstrate quality attributes in an effort to give investors long-term capital appreciation. The fund focuses on businesses that are part of the Nifty Midcap 150 Quality 50 Index and employs a thematic equity approach. The fund, …
