What Are Dynamic Asset Allocation Mutual Funds? Dynamic Asset Allocation Mutual Funds, also known as Balanced Advantage Funds, are hybrid funds that invest in a mix of equities and fixed-income instruments. The key feature of these funds is their ability to dynamically adjust the asset allocation based on prevailing market conditions. This flexibility aims to …
DSP Mutual Fund has announced a benchmark update for its Fixed Maturity Plan (FMP) Series 264 – 60M – 17D. Effective December 31, 2024, the scheme will transition from the CRISIL Medium to Long Term Debt Index to the CRISIL Medium to Long Duration Debt A-III Index. Details of the Benchmark Change The CRISIL Medium …
Exchange-traded funds (ETFs) have become a favoured choice for Indian investors in recent years. Thanks to a more diverse financial environment and greater access to global markets, ETFs offer a low-cost, simple approach to building a diversified portfolio. Popular with both retail and institutional investors, they track various indices and asset classes while providing flexibility …
DSP Focus Fund, managed by DSP Mutual Fund, is an open-ended equity scheme that concentrates its investments in a select portfolio of up to 30 stocks spanning large, mid, and small-cap companies. This focused approach aims to generate long-term capital appreciation by investing in high-conviction ideas with significant growth potential. Notably, the fund’s exit load …
Bajaj Finserv Asset Management Company (AMC) has announced the launch of the Bajaj Finserv Gilt Fund, an open-ended debt scheme focused on government securities. The fund, designed for low credit risk and reasonable returns, opens for subscription on December 30, 2024, and closes on January 13, 2025. Investment Objective The fund’s investment objective is to …
The New Year 2025 brings fresh opportunities for parents to set their children up for financial success. One such opportunity lies in Children Mutual Funds—an investment option designed to grow wealth for the long-term needs of your child. Whether it’s saving for education, marriage, or other major milestones, these funds offer a reliable way to …
A Systematic Investment Plan (SIP) is a popular and disciplined way to invest in mutual funds, with investors contributing a fixed amount monthly. For those planning to invest ₹5,000 per month, it’s important to identify SIP plans that can deliver solid returns over a 5-year period. In this article, check the best SIP mutual funds …
PGIM India Mutual Fund has declared an income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option of its PGIM India Large Cap Fund. The record date for the distribution is set as December 31, 2024. This announcement highlights the fund’s commitment to delivering consistent returns to its investors. Income Distribution Details The income …
Union Mutual Fund is set to consolidate its offerings by merging the Union Medium Duration Fund into the Union Corporate Bond Fund. This strategic move aims to streamline the fund house’s debt portfolio and provide investors with a more focused investment avenue. The merger is scheduled to take effect on January 29, 2025. Union Medium …
On January 1, 2025, HDFC Flexi Cap Mutual Fund will celebrate 30 years of helping investors achieve their financial goals. As one of the oldest schemes in the mutual fund industry, it has built an impressive legacy with a robust AUM base of approximately ₹66,304 crore as of November 29, 2024. The Journey of Growth …
