The mutual fund (MF) industry in India has witnessed remarkable growth in direct plan investments. According to a recent analysis of December 2024 data, direct plans now constitute 46% of the total mutual fund assets, amounting to a staggering ₹31.86 lakh crore. This blog provides an overview of the top fund houses excelling in direct …
Aditya Birla Sun Life Mutual Fund has announced the revision of Aditya Birla Sun Life Multi-Index Fund of Funds benchmark composition. The earlier benchmark – 50% Nifty 500 Total Return Index + 30% CRISIL Low Duration Debt Index + 10% MSCI All Country World Index + 5% Domestic Price of Gold + 5% Domestic Price …
Bandhan Mutual Fund has filed a draft for Bandhan Fixed Maturity Plan (FMP) – Series 214 (370 Days), a close-ended debt scheme with a tenure of 370 days from the date of allotment. It aims to generate income by investing in debt and money market instruments that mature on or before the scheme’s maturity date. …
Bandhan Mutual Fund has announced the Bandhan CRISIL-IBX 10:90 Gilt + SDL Index – Dec 2029 Fund, it is an open-ended target maturity index fund launched as a New Fund Offer (NFO). The fund primarily invests in government securities and state development loans (SDLs), tracking the CRISIL-IBX 10:90 Gilt + SDL Index – Dec …
Bandhan Mutual Fund has announced Bandhan Fixed Maturity Plan – Series 213, which is a close-ended debt scheme with a fixed tenure of 370 days. The fund follows a structured approach by investing in a mix of debt and money market instruments that mature within the scheme’s tenure. Once the New Fund Offer (NFO) period …
Invesco India Mutual Fund has announced an income distribution of ₹0.15 per unit under the IDCW option (both regular and direct plans) for its Invesco India Balanced Advantage Fund. Investors looking to benefit from this distribution should take note of the record date, set for January 31, 2025. Fund Overview and Asset Allocation Launched on …
ITI Mutual Fund has announced a reshuffle in fund management responsibilities for several of its schemes, effective February 1, 2025. The changes impact important funds, bringing in a new approach while retaining some continuity. Changes in Fund Management ITI Mutual Fund has announced changes in fund management across multiple schemes, with the revised responsibilities set …
Nippon India Mutual Fund has announced changes to the benchmarks for 2 of its fixed horizon funds, effective January 30, 2025. The revision aligns with the fund house’s objective of keeping its benchmarks relevant to evolving market conditions. What’s Changing? The affected schemes and their benchmark revisions are as follows: Scheme Name Existing Benchmark Revised …
New Fund Offers (NFOs) help mutual fund companies launch new investment schemes, covering various options like equity, debt, and sector-focused funds. In February 2025, several NFOs will be available in the market. This article lists the upcoming NFOs for February 2025. Upcoming NFOs in February 2025 Fund Name Initial Investment NFO Start Date NFO End …
Tata Mutual Fund has announced a change in the fund management structure of its Tata Multicap Fund, effective January 27, 2025. The fund, previously co-managed by Murthy Nagarajan (Debt), Rahul Singh (Equity), and Tejas Gutka (Co-Fund Manager Equity), will now be co-managed by Murthy Nagarajan (Debt) and Meeta Shetty. Management Changes in Tata Multicap Fund …
