ICICI Prudential Mutual Fund launched a new open-ended thematic equity scheme named ICICI Prudential Energy Opportunities Fund. The scheme aims for long-term capital appreciation by investing in companies engaged in traditional and new energy sectors, including exploration, production, distribution, transportation, and processing activities. The investment in oil & gas, utilities, and power sectors are also …
Investor Worries and SEBI Investigation Following allegations of front-running, the Securities and Exchange Board of India (SEBI) has launched a probe into Quant Mutual Fund. This has raised concerns among investors about the safety of their investments in various Quant MF schemes. Stress Test Results: Liquidity of Small-Cap Portfolio Quant Mutual Fund released the stress …
Bajaj Allianz Life, one of India’s leading private life insurers, has introduced the Bajaj Allianz Life Nifty Alpha 50 Index Fund. This new fund is available to customers who currently have or will purchase ULIP products. The fund offers a unique opportunity for investors to capitalize on the growth potential of high-alpha stocks, diversify their …
Shriram Mutual Fund launched the Shriram Nifty 1D Rate Liquid ETF on July 1st, 2024. This open-ended Exchange Traded Fund aims to track the NIFTY 1D Rate Index, which invests in Tri-Party Repo on Government securities or treasury bills (TREPS). The investment objective is to provide returns that mirror the index, before expenses, but there …
The Securities and Exchange Board of India (SEBI) has proposed a mandate for the disclosure of Risk-Adjusted Returns (RAR) for all mutual fund schemes. This consultation paper aims to gather feedback from stakeholders on the potential benefits and challenges associated with this mandate. Importance of Return on Investment Currently, the return on investment is a …
What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
SBI Silver ETF Fund of Fund is a mutual fund offered by SBI Mutual Fund. The investment objective of the scheme is to seek to provide returns that closely correspond to returns provided by SBI Silver ETF, however, there can be no assurance of this. It is an open-ended fund categorized as Other Scheme – …
Aditya Birla Sun Life CRISIL Broad Based GILT ETF is an open-ended debt exchange-traded fund (ETF) launched by Aditya Birla Sun Life Mutual Fund on June 27, 2024, with an offer closure date of July 1, 2024. The minimum subscription amount is ₹1,000 and the investment objective is to generate returns corresponding to the total …
Ample Liquidity to Handle Redemptions Quant Mutual Fund has sought to calm investors’ concerns about redemption pressures, assuring them that it possesses sufficient liquidity to manage any potential scenarios. In a recent conference call, Sandeep Tandon, Founder and CIO of Quant MF, revealed that the net outflow in recent days amounted to only Rs 1,398 …
Axis Nifty 500 Index Fund is a new open-ended index fund offered by Axis Mutual Fund that launched on June 26, 2024. It aims to track the total returns of the Nifty 500 TRI, subject to tracking errors. There is no entry load but an exit load of 0.25% if redeemed or switched out within …
