In February 2025, debt mutual funds recorded ₹6,525 crore of outflows due to the rising redemption of short-duration funds. This is a sharp reversal from the trend observed in January 2025, where these funds attracted ₹1.28 trillion in investments. As per the Association of Mutual Funds in India, nearly 10 of 16 MF categories witnessed …
SBI Mutual Fund has introduced two new passive schemes – SBI BSE PSU Bank Index Fund and SBI BSE PSU Bank ETF, that will track the BSE PSU Bank Index. These funds provide exposure to India’s public sector banking sector and will be available for subscription during the New Fund Offer (NFO) period from March …
For investors seeking long-term wealth creation, both Systematic Investment Plans (SIPs) in mutual funds and Public Provident Fund (PPF) are popular choices. However, they differ significantly in terms of risk, returns, and liquidity. Suppose you invest ₹1,20,000 per year in both instruments for 20 years. How much corpus will you generate by the end of …
As the financial year draws to a close, individuals rush to optimise their tax liabilities and explore tax-saving instruments under Section 80C of the Income Tax Act. The old tax regime allows deductions of up to ₹1.5 lakh per annum, making tax-saving investments a strategic move to reduce taxable income. One of the most popular …
Quant Mutual Fund has launched a new open-ended scheme, Quant Arbitrage Fund, to capitalise on arbitrage opportunities in the equity and derivative segments. The New Fund Offer (NFO) opens on March 18, 2025, and closes on March 27, 2025. This scheme falls under the Hybrid: Arbitrage category and aims to generate income and capital appreciation …
Aditya Birla Sun Life Mutual Fund has launched the CRISIL-IBX Financial Services 9-12M Debt Index Fund, an open-ended low-duration debt scheme. The fund aims to generate returns corresponding to the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors. The NFO opens on March 18, 2025, and closes on March 20, …
Key Highlights High Safety: The scheme will invest in Tri-Party Repos (TREPS) on Government Securities (G-Secs) and Treasury Bills (T-Bills), making it a relatively low credit-risk investment. No Mark-to-Market (MTM) Risk: Since the ETF will invest in instruments with overnight maturity, there will be no price volatility due to interest rate changes or MTM risk. Liquidity …
ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Nifty EV & New Age Automotive ETF, an open-ended exchange-traded fund (ETF) designed to track the performance of the Nifty EV & New Age Automotive Index. For investors who do not have a Demat account, the fund house is also introducing the ICICI …
Edelweiss Mutual Fund has announced that Bharat Bond FOF – April 2025 will merge into Bharat Bond FOF – April 2030, effective April 16, 2025. Following the merger, Bharat Bond FOF – April 2025 will no longer exist, and its investors will become unitholders of Bharat Bond FOF – April 2030. Impact on Investors As …
Nippon India Mutual Fund has announced the merger of 2 fixed maturity schemes into an existing liquid fund. The changes will take effect from April 22, 2025. Schemes Being Merged The following schemes will be merged into Nippon India Liquid Fund: Nippon India Monthly Interval Series II Nippon India Monthly Interval Series I After the …
