Bandhan Mutual Fund has submitted a Scheme Information Document (SID) to the Securities and Exchange Board of India (SEBI) for the launch of the Bandhan Quant Fund. This is an open-ended equity scheme that leverages artificial intelligence (AI) and machine learning (ML), using an adaptive and evolving quantitative model to guide investment decisions. Investment Objective …
Mutual funds have become one of the most popular investment options, offering a convenient way to achieve your financial goals. They are considered tax-efficient instruments, allowing investors to potentially grow their wealth while minimizing tax burdens. Unlike fixed deposits, where the interest earned is added to taxable income and taxed at the individual’s income tax …
Bajaj Finserv Mutual Fund is to launch the Bajaj Finserv Healthcare Fund, an open-ended equity scheme focused on pharma, healthcare, and allied themes. The New Fund Offer (NFO) will open for subscription on December 6, 2024, and close on December 20, 2024. Post the NFO, the scheme will reopen for continuous sale and repurchase within …
Baroda BNP Paribas Mutual Fund is to launch its new equity-oriented scheme, Baroda BNP Paribas Children’s Fund, designed to help investors generate long-term capital growth. The open-ended fund will primarily invest in a diversified portfolio of equity and equity-related instruments. Details of the Fund The issue will open for subscription on December 6, 2024, and …
Aditya Birla Sun Life Mutual Fund has announced the launch of the Aditya Birla Sun Life Conglomerate Fund, a diversified equity scheme with a focus on India’s leading conglomerates. The New Fund Offer (NFO) opens on December 5, 2024, and closes on December 19, 2024. Following the allotment, the fund will reopen for regular purchases …
UTI Mutual Fund has recently updated the benchmarks for three of its schemes on November 29, 2024. These changes have been made to provide a better match between the schemes’ investment objectives and the indices they track, making sure there is greater alignment with their risk and maturity profiles. Here’s a breakdown of the updates: …
Dynamic Asset Allocation Mutual Funds, also known as Balanced Advantage Funds, combine the growth potential of stocks with the stability of fixed-income instruments. The defining feature of these funds is their ability to adjust the equity and debt allocation dynamically based on market conditions, aiming for optimal returns with controlled risk. Top 5 Balanced Advantage …
Index funds have gained poiparlity thanks to their simplicity and cost-effectiveness. Index mutual funds replicate the performance of a specific underlying index, such as NIFTY or SENSEX, making them a passive investment vehicle free from fund managers’ biases. Index funds are go to choice for retail investors seeking diversified equity portfolios with minimal expenses. …
Equity Savings Funds are hybrid mutual funds that aim to strike a balance between returns and risk. These funds allocate investments almost equally across three segments: Equity for capital appreciation, Fixed deposit-like instruments for stability, and Hedging instruments for reducing risks. Let’s explore the top 5 equity savings hybrid SWP options for moderate-risk investors in …
Systematic Withdrawal Plans (SWPs) are increasingly becoming a go-to option for retirees and investors seeking consistent monthly income while keeping their capital exposed to growth opportunities. SWPs allow investors to withdraw a fixed amount periodically, ensuring financial stability alongside potential capital appreciation. This blog delves into the top 4 equity large and midcap mutual funds …
