Understanding Exchange-Traded Funds (ETFs) Exchange-Traded Funds (ETFs) offer investors a straightforward way to diversify their portfolios by tracking indices or sectors, such as the Nifty 50. ETFs blend the benefits of mutual funds with the flexibility of stocks, allowing you to hold a diversified set of assets that can be traded throughout the day on …
Mirae Asset has just filed a draft with SEBI for its latest ETF, aiming to track the BSE 200 Equal Weight Total Return Index. So what does that mean? Well, this ETF isn’t just focusing on the heavyweights but is spreading out investments equally across the top 200 companies on BSE. It’s like giving each …
Bajaj Finserv Asset Management Ltd. recently filed a draft with the Securities and Exchange Board of India (SEBI) to launch the Bajaj Finserv ELSS Tax Saver Fund. This is an equity-linked savings scheme (ELSS) designed to generate long-term capital appreciation. Offering tax benefits under Section 80C of the Income Tax Act, 1961, this scheme aligns …
Edelweiss Mutual Fund recently submitted a draft for its new Edelweiss BSE Capital Markets & Insurance ETF to SEBI, setting up an interesting opportunity for investors who want exposure to India’s capital markets and insurance sectors. Here’s a closer look at what this ETF has to offer and why it might pique your interest. Key …
For investors looking to steadily grow wealth, a monthly SIP of Rs 5,000 in a high-performing mutual fund is a great approach. With consistent contributions, you can benefit from market fluctuations, fostering disciplined savings and promoting long-term financial planning. Why Choose SIPs for Rs 5,000 Monthly? A Rs 5,000 monthly SIP is perfect for those …
Aditya Birla Sun Life Mutual Fund has introduced a new target maturity index fund: the Aditya Birla Sun Life CRISIL-IBX AAA Financial Services Index – Sep 2027 Fund. The New Fund Offer (NFO) opens for subscription on November 4, 2024, and will close on November 12, 2024. This fund will track the CRISIL-IBX AAA Financial …
Franklin Templeton Mutual Fund has launched the Franklin India Arbitrage Fund, an open-ended scheme primarily focused on arbitrage opportunities. This New Fund Offer (NFO) opens on November 4, 2024, and closes on November 18, 2024, with no entry load and a nominal exit load of 0.25% if redeemed within 30 days from the allotment (nil …
Shriram Asset Management Company has announced the launch of the Shriram Liquid Fund, an open-ended liquid scheme aiming to generate optimal returns with minimal interest rate risk and moderate credit risk. This new fund, designed for short-term investors, will offer high liquidity by focusing on debt and money market instruments. The New Fund Offer (NFO) …
Starting your investment journey with a SIP plan for Rs 1000 per month can be a smart move. Despite being a small monthly commitment, it allows you to benefit from the power of compounding and builds a habit of disciplined investing. SIPs are a hassle-free way to work toward long-term financial goals, suitable for both …
Name of the Scheme The scheme is named Mirae Asset Small Cap Fund, designed as an open-ended equity scheme focused on small-cap investments. Category of Fund This is a Small Cap Fund under equity mutual funds, specifically targeting smaller market capitalized companies for higher growth potential. Investment Objective The primary goal is to generate capital …
