Mutual fund investors have long favored Quant Mutual Schemes, not just for their appealing name, but due to their consistent outperformance. Take, for instance, the Quant Small Cap Fund, which has been surpassing the BSE 250 Smallcap TRI and the average returns of small-cap funds on a year-to-date (YTD) basis, as well as over the …
SBI Silver ETF is an open-ended mutual fund scheme launched by SBI Mutual Fund. The scheme aims to generate returns that reflect the performance of physical silver in domestic prices, subject to tracking error. There is no guarantee that the investment objective of the scheme will be achieved. The minimum subscription amount is Rs. 5,000 …
The Bandhan Nifty Total Market Index Fund, launched by Bandhan Mutual Fund on June 24th, 2024, is an open-ended index fund that tracks the Nifty Total Market Index. This means the fund aims to mirror the performance of the entire Indian stock market (excluding the bottom 5%) by investing in the same companies and with …
The Securities and Exchange Board of India (SEBI) has launched an investigation into alleged mismanagement and investment irregularities at Quant Mutual Fund. This move has sparked significant attention, given the fund’s rapid growth and impressive performance in recent years. In a letter to its investors, Quant Mutual Fund acknowledged the ongoing SEBI enquiries. The letter …
HDFC Mutual Fund launched a new open ended index fund named HDFC NIFTY100 Low Volatility 30 Index Fund on June 21st, 2024. This fund aims to track the performance of the NIFTY 100 Low Volatility 30 Index (TRI), with the goal of generating returns that are comparable to the index (before accounting for fees and …
Mirae Asset Mutual Fund announced the launch of Mirae Asset Nifty EV and New Age Automotive ETF, an open-ended scheme tracking NIFTY EV and New Age Automotive Total Return Index. This fund will be India’s first exchange-traded fund (ETF) focused on Electric Vehicles and the New Age automotive segment. How will it work? The new …
Among the greatest gifts parents can give their children is the assurance of financial stability. This includes not only meeting their immediate needs but also laying a solid financial foundation that supports their aspirations and goals throughout life. One of the most effective ways to achieve this is by developing a comprehensive financial plan that …
Dividend mutual funds have become increasingly popular among investors seeking a balance between income and capital appreciation. These funds offer a unique opportunity to benefit from both regular dividend payments and the potential for long-term capital growth. What is a Dividend Mutual Fund? Dividend mutual funds are a type of equity fund that primarily invests …
Overview of Groww Nifty EV & New Age Automotive ETF Groww Nifty EV & New Age Automotive ETF is an open-ended scheme that aims to replicate or track the Nifty EV & New Age Automotive Index – Total Return Index (TRI). This ETF is designed for investors seeking long-term capital appreciation by investing in equity …
Data from the Association of Mutual Funds in India (AMFI) reveals that SIP contributions in mutual funds have been steadily increasing year-on-year since FY21, with the SIP investments in April 2024 alone amounting to Rs. 20,371 crore. This demonstrates that mutual funds have rapidly become one of the most popular investment options in India. With …
