Edelweiss Mutual Fund Edelweiss Mutual Funds is a rising name in India’s mutual fund industry, backed by the expertise of Edelweiss Financial Services Ltd. The company recently launched the Edelweiss Nifty Bank ETF, an open-ended exchange-traded fund (ETF) designed to track the performance of the Nifty Bank Total Return Index. The New Fund Offer (NFO) …
Baroda BNP Paribas Mutual Fund has announced the launch of the Baroda BNP Paribas Dividend Yield Fund, an open-ended equity scheme, which began on August 22, 2024. Investors now have the opportunity to subscribe to the fund until September 5, 2024. The minimum investment required to participate is Rs. 1,000, making it accessible to a …
Bandhan Mutual Fund has introduced a new investment opportunity with the launch of the Bandhan Nifty Midcap 150 Index Fund. This open-ended scheme is designed to track the Nifty Midcap 150 Index, offering investors a chance to participate in the midcap segment of the Indian stock market. The New Fund Offer (NFO) is currently open …
Nippon India Mutual Fund has announced significant revisions to the subscription limits for its popular Nippon India Small Cap Fund, effective from August 16, 2024. These changes are set to impact new investors looking to enter the fund through Systematic Investment Plans (SIPs) or Systematic Transfer Plans (STPs). Key Changes in Subscription Limits Previously, the …
In a groundbreaking initiative, DSP Mutual Fund has introduced India’s very first Nifty Top 10 Equal Weight Index Fund and ETF. This innovative offering provides investors with a unique opportunity to invest equally in the top 10 Indian companies by free float market capitalization as listed on the Nifty Index. With a strategy rooted in …
Starting August 13, 2024, ICICI Prudential Mutual Fund has announced a temporary suspension of new investments in its schemes that involve overseas investments. This decision has been made in light of the industry-wide cap on foreign asset investments imposed by SEBI and AMFI. The schemes affected by this suspension include: ICICI Prudential US Bluechip Equity …
Introduction: A New Era in Multicap Investing Mirae Asset Mutual Fund has unveiled an innovative investment opportunity with the launch of India’s first Multicap Exchange Traded Fund (ETF), the Mirae Asset Nifty500 Multicap 50:25:25 ETF. This new offering is designed to provide investors with a balanced and diversified approach to investing across large, mid, and …
SBI Mutual Fund House, India’s largest asset management company (AMC), has achieved a remarkable milestone this year by becoming the first mutual fund house in the country to surpass Rs 10 lakh crore in Average Asset Under Management (AAUM) as of June. With over 60 diverse schemes, SBI Mutual Fund has solidified its position as …
The Association of Mutual Funds in India (AMFI) has implemented new minimum standards to prevent front-running and market abuse by asset management companies (AMCs). These measures are in response to a recent circular issued by the Securities and Exchange Board of India (SEBI), which mandated AMCs to establish institutional mechanisms to deter such activities. The …
Medium duration mutual funds in India are investment vehicles designed for investors seeking a balance between the stability of short-term funds and the higher returns potential of long-term investments. According to SEBI guidelines, medium duration mutual funds invest in debt and money market instruments with Macaulay duration of portfolio between 3 – 4 years. In …
