In 2024, the mutual fund landscape has been buzzing with activity, with over 100 new fund offers (NFOs) hitting the market so far, making it an exciting and dynamic year for investors. Staying updated on new mutual fund launches is crucial for every investor, as these funds often target specific asset classes, industries, or investment …
Indian investors are increasingly exploring global markets to diversify their portfolios and maximise returns. The US elections in 2024 have further piqued interest in major Wall Street indices like the Dow Jones, Nasdaq, and S&P 500, which have consistently delivered impressive returns. Mutual funds, whether through systematic investment plans (SIPs) or lump-sum investments, provide a …
The PGIM India Healthcare Fund, a sector-focused equity mutual fund, will be introduced by PGIM Mutual Fund. The fund primarily invests in equity and equity-related securities in the healthcare and pharmaceutical industries with the goal of achieving long-term capital appreciation. On November 19, 2024, the new fund offer (NFO) will go live. Scheme for the …
Quick commerce, characterised by ultra-fast delivery times of 10 to 30 minutes, has seen rapid growth in India. The sector, valued at $6.1 billion in 2024, is projected to reach $40 billion by 2030, reflecting a significant shift in consumer behaviour towards convenience and speed. This trend is reshaping the grocery retail landscape, with nearly …
Are you wondering how you’ll manage expenses after retirement or supplement your current income? A Systematic Withdrawal Plan (SWP) might be the answer. Unlike traditional dividends, SWP allows you to withdraw a fixed amount from your mutual fund investments at regular intervals, regardless of the market’s performance. This feature makes it an ideal choice for …
Introduction: A Game-Changing NFO Shriram Asset Management Company is set to launch India’s first Multi Sector Rotation Fund, a groundbreaking open-ended equity scheme focused on sector rotation. This New Fund Offer (NFO) opens on November 18, 2024 and closes on December 2, 2024. As a unique investment vehicle, it allows investors to avoid “sector traps” …
For those looking for a consistent income post-retirement or as a supplemental source of funds, a Systematic Withdrawal Plan (SWP) can be a smart strategy. Within the mutual fund universe, flexi-cap funds stand out for SWP due to their balanced approach to risk and reward. By investing across large, mid, and small-cap companies, flexi-cap funds …
As technology advances and digitalisation spreads across sectors, the demand for semiconductor products has surged, making mutual funds investing in semiconductor stocks an increasingly attractive choice for investors. These small yet powerful chips play a vital role in everything from consumer electronics to industrial machinery, fueling demand and growth across the semiconductor landscape. India’s semiconductor …
The Securities and Exchange Board of India (SEBI) has implemented a new rule requiring mutual fund houses to disclose the expense ratios separately for direct and regular mutual fund plans. This initiative aims to increase transparency and help investors better understand the costs associated with their investments. Direct plans were introduced in 2013 to allow …
A prominent asset management firm in India, Aditya Birla Sun Life Mutual Fund (ABSLMF) is a member of the Aditya Birla Capital group. Founded as a joint venture between Sun Life Financial, Canada, and the Aditya Birla Group, it provides both retail and institutional investors with a broad selection of mutual fund schemes, such as …
