Quant Mutual Fund is set to reposition its investment strategy, gradually shifting away from defensive stocks towards cyclical and growth-oriented segments. This move is driven by evolving economic conditions both in India and globally, highlighting the importance of agility in portfolio management. The Kumbh Mela Analogy: A Pitcher of Opportunities The Kumbh Mela, a massive …
With the enactment of the Finance Bill, 2025, investors must reassess how their capital gains from mutual funds and Unit Linked Insurance Plans (ULIPs) will be taxed. The distinction between long-term and short-term capital gains remains crucial, directly affecting the tax rates applicable upon redemption or sale of investments. Here’s an in-depth look at the …
Nippon India Mutual Fund has announced changes in the fund management of several passive schemes, effective February 1, 2025. Jitendra Tolani will replace Himanshu Mange as the fund manager for multiple exchange-traded funds (ETFs) and index funds. List of Affected Schemes The following schemes will now be managed by Jitendra Tolani: ETFs: CPSE ETF, Nippon …
DSP Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for some of its schemes. The record date for this distribution is February 6, 2025. Distribution Details Investors holding units in the specified schemes on the record date will be eligible to receive the income distribution. The per-unit payout …
DSP Mutual Fund has announced changes to the fundamental attributes of DSP Global Allocation Fund of Fund. These changes, which include a shift in investment focus, a new name, a revised benchmark, and a change in risk classification, will be effective from March 11, 2025. Change in Scheme Name The fund will now be called …
HSBC Mutual Fund has launched the HSBC Financial Services Fund, an open-ended equity scheme focused on the financial sector. The New Fund Offer (NFO) will be open for subscription from February 6, 2025, to February 20, 2025. Investment Objective The scheme aims to achieve long-term capital appreciation by investing mainly in equity and equity-related securities …
Bajaj Finserv Mutual Fund has launched a New Fund Offering (NFO) with its Multi Cap Fund – Regular (G), opening doors for investors looking to diversify across large, mid, and small-cap stocks. The open-ended equity scheme aims for long-term capital appreciation by investing in companies of varying market capitalisations. Investment Details Metrics Details Category Equity …
Kotak Mahindra Mutual Fund has filed a draft scheme document with the Securities and Exchange Board of India (SEBI) for the Kotak Nifty 200 Quality 30 Index Fund, an open-ended index fund that will track the Nifty 200 Quality 30 Index. The fund aims to replicate the index’s composition and generate returns corresponding to its …
Kotak Mahindra Mutual Fund has submitted a draft for the Kotak Nifty Alpha 50 Index Fund. This is an open-ended index fund that will replicate the Nifty Alpha 50 Index. The scheme aims to generate returns corresponding to the index’s performance, subject to tracking errors. Investment Allocation The fund’s portfolio will consist of 95-100% equity …
After the setback in the previous budget, debt mutual fund investors have found renewed optimism in Budget 2025. Finance Minister Nirmala Sitharaman announced that individuals with incomes up to ₹12 lakh will effectively pay no income tax due to a ₹60,000 rebate under Section 87A. However, this relief does not extend to all types of …
