Building wealth through Systematic Investment Plans (SIPs) is a disciplined approach that offers the power of compounding over time. But how long does it take to accumulate over ₹1.5 crore corpus with different monthly investments? We break it down into three scenarios—investing ₹5,000, ₹7,500, and ₹10,000 per month—assuming an estimated annual return of around 12%. …
The Securities and Exchange Board of India (SEBI) is working on an innovative financial product aimed at increasing financial inclusion across the country. SEBI’s Chairperson, Madhabi Puri Buch, recently shared details about a new initiative that will allow investors to pair mutual fund investments with life insurance. This development, expected to expand access to financial …
DSP Mutual Fund has declared an income distribution of ₹0.20 per unit under the Income Distribution cum Capital Withdrawal (IDCW) option of its DSP Aggressive Hybrid Fund. The distribution applies to both regular and direct plans, with the record date set for January 28, 2025. Fund Overview The DSP Aggressive Hybrid Fund was launched on …
Edelweiss Mutual Fund has announced an income distribution of ₹0.20 per unit for its Edelweiss Aggressive Hybrid Fund under the IDCW option. This distribution is applicable to both regular and direct plans, with January 28, 2025, as the record date. Fund Allocation Breakdown As of December 31, 2024, the Edelweiss Aggressive Hybrid Fund allocated 75.81% …
In a significant move to enhance bilateral financial cooperation, the Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association, recently inked a Memorandum of Understanding (MoU). This collaboration aims to strengthen mutual fund sectors in both nations by sharing expertise, advancing industry standards, and fostering …
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 …
