Mirae Asset Nifty PSU Bank ETF: Capturing the Public Sector Banking Mirae Asset Investment Managers (India) Pvt. Ltd. is introducing a new fund, the Mirae Asset Nifty PSU Bank ETF. This open-ended scheme aims to replicate or track the Nifty PSU Bank Total Return Index, offering investors a targeted approach to public sector banks in …
One equity mutual fund scheme that Motilal Oswal Mutual Fund introduced is called Motilal Oswal Nifty 500 Index Fund Direct Growth. Investors were able to access this scheme on December 29, 2009. The current fund manager of the Motilal Oswal Nifty 500 Index Fund Direct-Growth fund is Swapnil P. Mayekar. The fund’s latest net asset …
The Tata Nifty Auto Index Fund is an open-ended index fund offered by Tata Mutual Fund that aims to track the performance of the Nifty Auto Index (TRI). It invests in the companies that comprise the Nifty Auto Index in proportion to their weightage in the index. The scheme does not guarantee returns, but its …
As the Indian equity market continues to evolve, investors are constantly on the lookout for opportunities that balance growth potential with diversification. HDFC Mutual Fund’s latest offering, the HDFC Nifty LargeMidcap 250 Index Fund, promises just that. Let’s dive into the key details of this New Fund Offer (NFO) and explore why it might be …
Mirae Asset Investment Managers is to launch a new fund, the Mirae Asset Nifty Total Market Index Fund, aimed at providing a comprehensive picture of the Indian equity market. This open-ended scheme will track the Nifty Total Market Total Return Index, offering exposure to 750 companies across large, mid, small, and micro-cap segments. New Fund …
A multicap fund must have at least 25% of its assets allocated to large-cap stocks, 25% to mid-cap stocks, and an additional 25% to small-cap stocks. Multi-cap funds are defined as those that must maintain at least 75% of their assets in equity and equity-related instruments at any given time. Samco Multi Cap Fund is …
In the mutual fund business, Kotak Mutual Fund has made a name for itself by providing a broad array of investment options to meet the various needs of investors. Kotak Mutual Fund has a solid track record of providing steady returns and has built a devoted investor base through its customer-focused philosophy. Kotak Mutual Fund’s …
The Kotak Mahindra Mutual Fund is in the process of launching its new product called the Nifty Midcap 150 Momentum 50 Index Fund. This open-ended scheme will replicate the Nifty Midcap 150 Momentum 50 Index and will open for Subscription on 19th September and close on 3rd October 2024. What’s the Fund About? The premise …
Objective of the Fund The primary investment objective of the Aditya Birla Sun Life Yield Enhancer Fund of Funds is to generate long-term capital appreciation by investing in a diversified portfolio of equity-oriented schemes, debt-oriented schemes, and commodity ETFs (Gold and Silver). The fund leverages the strengths of different asset classes to balance risk and …
SBI Mutual Fund, the largest asset management company in India, has announced the launch of the SBI Nifty 500 Index Fund. This open-ended scheme aims to replicate or track the Nifty 500 Index, offering investors exposure to a wide range of companies across large-cap, mid-cap, and small-cap segments. Key Details & How It Works The …
