IGI Logo
Toggle Navigation
News
Budget 2024
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
More
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Stock Market
Diwali Expert Views
Commodities
Budget News
Special Event Expert Views
Expert Views
Broking Firm Views
Company News
Industry News
Economy News
Stock On The Move
Market Outlook
Beyond Market Sports
IPO Reports
IPO More News
Commodities Reports
Currency News
Mutual Fund More News
World Market More News
Astrology
Mutual Fund Analysis
Currency Report
Diwali Report
Mutual Fund Expert Views
Budget Expert Views
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Women
Broking Firm Views - Long Term Report
Top Stories
Top News
IPO Top News
Commodity Top News
Currency Top News
Mutual Fund Top News
World Top News
Special Event Reports
Beyond Market India
Beyond Market Entertainment
Beyond Market Car
Beyond Market Gadgets
Beyond Market Life Style
Beyond Market Health
Beyond Market Fashion
Wealth
IPO Analysis
Expert View Institution
Startup Speak
Diwali Technical Report
Diwali Market Outlook
Podcast - Market Ki Awaaz
Videos Business
Videos Entertainment
Videos Sports
Videos
Videos Lifestyle And Fashion
Videos News And Politics
Videos Global News
Company Result
Budget 2024 Sector Reports
Budget Industry
Budget Wishlist
Startup Expections
Budget Economic Servey
Startup
Budget Bites
Search
Baroda BNP Paribas Asset Management India has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the scheme(s) of Baroda BNP Paribas Mutual Fund. In terms of provisions of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD1/P/CIR/2024/90 dated June 27, 2024; Baroda BNP Paribas Mutual Fund has informed that the Risk-o-meter of Baroda BNP Paribas Arbitrage Fund (an open- ended Scheme investing in arbitrage opportunities) of the Fund has been r...
Baroda BNP Paribas AMC announces change in Risk-o-meter of Arbitrage Fund
Nippon India Mutual Fund has launched Nippon India Nifty 500 Momentum 50 Index Fund, an open-ended scheme replicating/tracking Nifty 500 Momentum 50 Index. The NFO opens for subscription on September 11, 2024 and closes on September 25, 2024. No Entry Load is charged and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Re. 1 thereafter. The performance of the scheme will be benchmarked with Nifty 500 Momentum 50 TRI and its fund manager i...
Nippon India MF introduces Nifty 500 Momentum 50 Index Fund
The net assets under management (AUM) of the Indian mutual fund industry surged to cross Rs 65 lakh crore mark for the first time in August, data from the Association of Mutual Funds of India (AMFI) showed on Tuesday. Equity funds saw Rs 38,239 crore inflows in August, a 3.03 per cent growth from Rs 37,113 crore witnessed in July. Equity inflows have shown remarkable strength, with the last four months consistently exceeding Rs 34,000 crore. Pankaj Shrestha, Head-Investment Ser...
Indian Mutual Fund industry`s net AUM crosses Rs 65 lakh crore, SIPs at fresh high
Bajaj Finserv Asset Management Limited has marked the first anniversary of its flagship equity fund, Bajaj Finserv Flexi Cap Fund. This is its first equity fund to complete a year of investing. The fund delivered robust performance in its inaugural year, giving returns of 41.30%* under the regular plan and 43.43%* under the direct plan. The fund follows the MEGATRENDS investing strategy. Megatrends are significant, widespread changes with a significant long-term impact on econom...
Bajaj Finserv Flexi Cap Fund celebrates its first anniversary; crosses Rs. 3500 cr AUM in its first year of launch
According to Motilal Oswal Asset Management Company’s Global Market snapshot report, all broad-based indices closed relatively flat but still delivered positive returns. The Nifty smallcap 250 surged 1.24% in the month of August, 16.28% over the last 3months, 21.42% over the past 6months and 52.29% over the year. The Nifty Microcap 250 has surged 1.17% in the month of August, 21.60% over the last 3months, 24.20% over the past 6months and 58.01% over the past year. The N...
Indices Remain Flat in August : Smallcap Up 52%, Microcap Soars 58% Over the Year : Motilal Oswal Asset Management Company
ICICI Prudential Mutual Fund (MF) has informed that ICICI Prudential Trust, Trustee to ICICI Prudential Mutual Fund approved distribution under Income Distribution cum capital withdrawal option (IDCW option) of ICICI Prudential Savings Fund (the scheme). The record date for the same is September 09, 2024 or the immediately following Business Day, if that day is a Non - Business Day. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 1.9767 under Quarterly IDCW and Rs 2.0087...
ICICI Pru MF declares IDCW under Savings Fund
Baroda BNP Paribas Mutual Fund has informed about the rate of distribution under Income Distribution cum Capital Withdrawal (‘IDCW’) Options of respective plan under Baroda BNP Paribas Arbitrage Fund (the scheme) of Baroda BNP Paribas Mutual Fund with Monday, September 09, 2024, as the Record Date or the immediately following Business Day, if that day is not a Business Day. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.06 under Regular Plan - Monthly IDCW...
Baroda BNP Paribas MF announces IDCW under Arbitrage Fund
Bajaj Allianz Life Insurance, one of India's leading private life insurers, today announced the launch of its new fund - Bajaj Allianz Life Nifty 200 Alpha 30 Index Fund, which will be available along with its ULIP products. This new fund presents a unique opportunity for investors to capitalize on the growth potential of high-alpha stocks, diversify their portfolios, and enjoy the benefits of an index-based investment approach, along with a life cover. The NFO period for Bajaj Allianz Li...
Bajaj Allianz Life Nifty 200 Alpha 30 Index Fund NFO Launched for ULIP customers
Motilal Oswal Mutual Fund (MOMF) today announced the launch of its latest new fund offer, “Motilal Oswal Nifty 500 Momentum 50 Index Fund". This is India’s first 500 Momentum 50 Index fund. The new fund by MOAMC is an open-ended fund replicating/tracking the Nifty 500 Momentum 50 Total Return Index. The fund will offer exposure to stocks that are in the highest momentum across the large, mid, and small-cap segments of the Nifty 500 index. The index has...
Motilal Oswal Mutual Fund (MOMF) unveils Motilal Oswal Nifty 500 Momentum 50 Index Fund
Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) today announced the launch of Kotak Nifty India Tourism Index Fund, an open-ended scheme replicating/tracking the Nifty India Tourism Index. The scheme opens for public subscription on September 2, 2024, and closes on September 16, 2024. The Kotak Nifty India Tourism Index comprises stocks selected from the Nifty 500 Index, representing the travel and tourism theme. The weight of each stock ...
Kotak Mutual Fund launches Kotak Nifty India Tourism Index Fund
UTI Mutual Fund has launched UTI Nifty Private Bank Index Fund, an open-ended scheme replicating/ tracking Nifty Private Bank TRI. The NFO opens for subscription on September 02, 2024 and closes on September 16, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 5000 and in multiple of Rs 1/- thereafter. The performance of the scheme will be benchmarked with Nifty Private Bank TRI and its fund managers are Sharwan Kumar Go...
UTI MF introduces Nifty Private Bank Index Fund
Below the Quote on Outlook on Mid & Small Cap Index by Mythili Balakrishnan, Co-fund Manager, Alchemy Capital Management "We believe that the rally in small and mid-cap companies is primarily driven by robust earnings growth. Over the past five years, NIFTY 50 companies have achieved a 17% EPS CAGR, whereas Nifty Midcap 150 companies have seen a CAGR of over 20% and Nifty Smallcap 250 have seen a CAGR of more than 25%. Moving forward, analysts forecast that the...
Quote on Outlook on Mid & Small Cap Index from Mythili Balakrishnan, Co-fund Manager, Alchemy Capital Management
Kotak Mahindra Mutual Fund has launched Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund, an open-ended Sectoral Target Maturity Debt Index Fund investing in constituents of CRISIL-IBX AAA Financial Services Index - Sep 2027 with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on August 30, 2024 and closes on September 11, 2024. No Entry Load shall be charged for the scheme. The exit load will be 0.25% of applicable NAV- For redempt...
Kotak Mahindra MF introduces CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Motilal Oswal Asset Management Company (MOAMC) has announced listing of Motilal Oswal Nifty India Defence ETF with a trading symbol MODEFENCE. This is India’s first ETF offering exposure to the growth potential of Defence stocks listed in India. The index comprises 15 companies which also form a part of the Nifty total market. The ETF is listing on the NSE on 27th August 2024. The index has delivered 159.3% returns in last 1 year & 92.0% in past 3 years as on ...
Motilal Oswal AMC launches Motilal Oswal Nifty India Defence ETF
Whitepaper: Smart Beta Funds - A Strategic Investment Approach to Passive Investing Smart Beta Funds are a specialized category of passive funds that replicate or track strategy indices, often referred to as Smart Beta indices. Unlike traditional passive funds, which simply mirror broad market indices, Smart Beta Funds utilize specific strategies to enhance returns and manage risk. In the Indian market, several such strategy indices are available, catering to diverse investor needs and pre...
WhitePaper on Smart Beta Funds : A New Era of Passive Investing by Nippon India MF
WhiteOak Capital Mutual Fund today announced the launch of their new fund offer (NFO) - ‘WhiteOak Capital Arbitrage Fund’, an open ended scheme investing in arbitrage opportunities. The NFO opens on 28th August 2024 and closes on 3rd September 2024. The fund aims to generate returns primarily by investing in arbitrage opportunities within the equity markets' cash and derivatives segments. The investment objective of the Scheme is to seek to generate returns by predominantly...
WhiteOak Capital Mutual Fund launches `WhiteOak Capital Arbitrage Fund`
Baroda BNP Paribas Asset Management India has announced addendum to the Statement of Additional Information (SAI), Scheme Information Document (SID) and Key Information Memorandum (KIM) for the Schemes of the Baroda BNP Paribas Mutual Fund. Baroda BNP Paribas Mutual Fund has informed that Official Point of Acceptance of Transactions (OPAT) located at ‘KFin Technologies, 6-3-788/32-35, 3rd Floor, Flat No. 303, Vamsee Estate, above Canara Bank, Ameerpet, Hyderabad, Telangana – 50...
Baroda BNP Paribas AMC announces change in address of OPAT
Tata Asset Management Company (AMC) has announced that addendum to the Scheme Information Document (s) (SIDS) / Key Information Memorandum(s) (KIMS) of Specified Scheme(s) and Statement of Additional Information (SAI) of Tata Mutual Fund. Tata Mutual Fund has informed that Tata Asset Management (TAMPL) is opening new branch at ‘1st Floor, Josela's Galleria, Opp. Malabar Christian College Higher Secondary School, Wayanad Road, Calicut, Kerala - 673001. Telephone: (0495) 4903...
Tata AMC announces opening of new branch
MF Category Wise AUM, Folios, Fund Flows * MF Category Wise Average AUM, Folios Screener * MF AUM – Growth & Asset Mix patterns - Trend View * MF Category wise Fund Flows – latest Qtr & FYTD Performance Screener * MF Category & Index Performances Market Cap Categorisation Insights * Market Cap – Cluster Analysis & Insights * Market Cap Category Elevations & Declines * IPOs & Others during the latest 6 month period * Top 2...
Indian Fund Industry Apr - Jun 2024 by Sriram BKR, Senior Investment Strategist, Geojit Financial Services
PGIM India Asset Management (AMC) has announced addendum to the Scheme Information Document, Key Information Memorandum (KIM) of PGIM India Small Cap Fund (‘the scheme’) and Statement of Additional Information (SAI) of PGIM India Mutual Fund. PGIM India Mutual Fund has informed that Harsh Kothari shall cease to be Fund Manager – Equity and Key Personnel of the AMC with effect from close of business hours of August 23, 2024. Accordingly, his details under ‘Informatio...
PGIM India AMC announces change in Key Personnel
Bengaluru-based investment management company Capitalmind Financial Services has received in-principle approval from market regulator SEBI to launch a Mutual Fund. This milestone coincides with the company's 10th anniversary. As a Portfolio Manager, Capitalmind currently manages over Rs 2,200 crores in Assets Under Management (AUM) for more than 1,150 clients, boasting a strong annual client retention rate of 98%. Since its inception, the company has doubled its AUM every financial yea...
Capitalmind receives SEBI`s in-principle approval to launch Mutual Fund
Axis Mutual Fund has launched Axis Consumption Fund, an open-ended equity scheme following consumption theme. The NFO opens for subscription on August 23, 2024 and closes on September 06, 2024. The Entry Load is not applicable for the scheme. The Exit Load will be nil - For 10% of investments if redeemed / switched-out within 12 months from the date of allotment and 1% - For remaining investments if redeemed / switched-out within 12 months from the date of allotment. There will be no exit loa...
Axis MF introduces Consumption Fund
PGIM India Mutual Fund today announced the launch of PGIM India Multi Cap Fund, an open ended equity scheme investing across large cap, mid cap and small cap stocks. The fund is benchmarked against Nifty 500 Multicap 50:25:25 TRI. The New Fund Offer (NFO) opens for subscription on August 22, 2024 and closes on September 05, 2024. Given near term volatility in the equity markets, a typical question we face is “What do you think about the markets?” That’s ...
PGIM India Mutual Fund launches PGIM India Multi Cap Fund
Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Dividend Yield Fund, an open-ended equity scheme predominantly investing in dividend yielding stocks. The NFO opens for subscription on August 22, 2024 and closes on September 05, 2024. The Entry Load is not applicable for the scheme. The Exit Load will be nil - If units of the Scheme are redeemed or switched out up to 10% of the units within 1 year from the date of allotment, 1% of the applicable NAV - If units of the scheme are ...
Baroda BNP Paribas MF introduces Dividend Yield Fund
PGIM India Mutual Fund has launched PGIM India Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on August 22, 2024 and closes on September 05, 2024. The Entry Load is not applicable for the scheme. For each purchase of units through Lumpsum / switch?in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: The Exit load will be 0.50% - For Exits within 90 days from da...
PGIM India MF introduces Multi Cap Fund
According to ‘Where the money flows’ study by Motilal Oswal Asset Management Company (MOAMC), India's asset management industry has witnessed a remarkable growth of >7X in the last 10 years, with its assets under management (AUM) growing to INR 61.2 lakh crore in June 2024, from INR 8.3 lakh crore it stands in December 2013. It reveals that Passive Funds AUM has grown to 10.2 Lakh Crore with 17% of total market share, while AUM of Active Funds stands at 50.9 ...
India`s Passive Mutual Fund Industry Surpassing 10 Lakh Crore AUM, says Motilal Oswal AMC study
Nippon India Mutual Fund has launched Nippon India Nifty 500 Equal Weight Index Fund, an open-ended scheme replicating/tracking Nifty 500 Equal Weight Index. The NFO opens for subscription on August 21, 2024 and closes on September 04, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 1000/- and in multiples of Re 1/- thereafter. The performance of the scheme will be benchmarked with Nifty 500 Equal Weight TRI and its fun...
Nippon India MF introduces Nifty 500 Equal Weight Index Fund
More than a hundred open-ended equity diversified mutual funds (excluding sectoral/thematic funds) have outperformed their respective benchmarks in July, a report said on Monday. According to PL Wealth Management, Prabhudas Lilladher’s wealth management arm, out of the total 283 open-ended equity diversified mutual funds, 109 have outperformed, with the AUM (assets under management) of these equity mutual funds (excluding sectoral/thematic Funds) has surged by 5.37 per cent seq...
39 per cent equity mutual funds beat their benchmark in July
DSP Mutual Fund has launched DSP Nifty Top 10 Equal Weight Index Fund, an open-ended scheme replicating/ tracking Nifty Top 10 Equal Weight Index. The NFO opens for subscription on August 16, 2024 and closes on August 30, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter. The performance of the Scheme will be benchmarked against Nifty Top 10 Equal Weight TRI (Total Returns Index) and its fund...
DSP Mutual Fund introduces Nifty Top 10 Equal Weight Index Fund
LIC Mutual Fund Asset Management (AMC) has announced addendum to Information Document (SID) and Key Information Memorandum (KIM) of the scheme. LIC Mutual Fund has informed that LIC MF Focused Fund, an open-ended equity scheme investing in maximum 30 stocks (predominantly large cap), (Erstwhile LIC MF Focused 30 Equity Fund) (the scheme) of LIC Mutual Fund will be undergoing certain changes in the key features. Presently, the Scheme invests a minimum of 65% of the total assets in equity an...
LIC AMC announces Change in Fundamental Attributes of Focused Fund
Axis Mutual Fund has filed offer document with SEBI to launch an open ended Index Fund named ‘Axis Nifty 500 value 50 Index Fund'. The New Fund Offer price is Rs 10. Entry load will be nil and exit load for If redeemed/ switched out within 15 days from the date of allotment will be 0.25%; If redeemed/ switched out after 15 days from the date of allotment will be Nil. The Scheme offers Growth Option only for investment and seeks to collect a Minimum Target Amount of Rs 5 crore. Th...
Axis Mutual Fund files offer document for Nifty 500 value 50 Index Fund
Aditya Birla Sun Life AMC has announced notice-cum-addendum to the Statement of Additional Information (SAI) of Aditya Birla Sun Life Mutual Fund. Aditya Birla Sun Life AMC has surrendered the registration of Aditya Birla Real Estate Debt Fund (ABREDF), a Category II Alternative Investment Fund, registered with SEBI with effect from August 1, 2024. In view of the above, relevant changes will be carried out in SAI. All other features and terms & conditions of SAI shall r...
Aditya Birla SL AMC announces cancellation of certificate of registration of ABREDF
Sundaram Alternates, a trusted name in alternative investments and a subsidiary of the Sundaram Finance Group, announces the launch of an innovative Fixed Income Debt Strategy Portfolio Management Services (PMS) named "F.I.R.S.T". "F.I.R.S.T" stands for Fixed Income Rated Short Term Strategy, which aims to deliver a gross yield 300-400 bps higher than traditional FD rates. The "F.I.R.S.T" PMS is positioned as an all-season product, aiming to offer superior ret...
Sundaram Alternate Assets Launches Innovative Fixed Income Debt Strategy PMS - ``F.I.R.S.T``, Aims to Raise Rs.1000 Crores
India’s mutual fund industry witnessed the highest ever Rs 23,332 crore SIP inflow in July, which in June was Rs 21,262 crore. Due to the recent increase in Systematic Investment Plans (SIPs) inflow, Assets Under Management (AUM) of the total mutual fund industry reached 64.69 lakh crore in July as against 60.89 lakh crore in June. According to the AMFI (Association of Mutual Funds in India) data, Total inflows into equity funds declined by 8.6 per cent to Rs 37,113.4 crore in the...
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore
As the financial landscape in India witnesses a significant shift, the mutual fund ecosystem has played a crucial role in this transformation, stepping up remarkably to earn the trust of Indian investors, the Securities and Exchange Board of India (SEBI) said on Friday. Addressing industry chamber Assocham’s ‘16th Mutual Fund Summit’ in the national capital, Ananth Narayan Gopalakrishnan, Whole-Time Member, SEBI said that more and more individuals are channell...
Mutual funds have earned trust of Indian investors amid robust regulations: SEBI
Invesco Mutual Fund has informed that with effect from August 9, 2024, below mentioned Official Point of Acceptance (‘OPA’) of Transactions of the AMC shall cease to exist temporarily until further notice: Office No. 9, 2nd Floor, Navelkar Trade Center, Mahatma Gandhi Road, Panjim, Goa - 403 001. Tel No: +91 0832-6650402. All other terms & conditions of the Scheme(s) will remain unchanged, and branch will still remain operational as Non OPA. This addendum forms an integral ...
Invesco Asset Management (India) (AMC) announces temporary discontinuance of OPA
ICICI Prudential Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of various schemes of ICICI Prudential Mutual Fund. ICICI Prudential Mutual Fund has informed that in order to ensure compliance with SEBI and AMFI communications pertaining to industry wide limits for investment in overseas securities and to ensure that investments made in overseas securities are up to the headroom available for the schemes o...
ICICI Pru AMC informs about addendum to SID & KIM
ICICI Prudential Mutual Fund (MF) has informed that ICICI Prudential Trust, Trustee to ICICI Prudential Mutual Fund approved distribution under Income Distribution cum capital withdrawal option (IDCW option) of ICICI Prudential Focused Equity Fund (the scheme). The record date for the same is August 12, 2024 or the immediately following Business Day, if that day is a Non - Business Day. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 2.35 under IDCW and Direct Plan &ndas...
ICICI Pru MF declares IDCW under Focused Equity Fund
Bandhan Mutual Fund has launched Bandhan Nifty Bank Index Fund, an open?ended scheme tracking Nifty Bank Index. The NFO opens for subscription on August 08, 2024 and closes on August 22, 2024. The Entry load is nil for the scheme. The Exit load will be 0.25% - if redeemed on or before 15 days from the allotment date and Nil - if redeemed after 15 days from the allotment date. The minimum subscription amount is Rs 1000/- and in multiples of Re. 1/- thereafter. The performance of the Scheme ...
Bandhan Mutual Fund introduces Nifty Bank Index Fund
NFO stands for "New Fund Offer." It is a term used in the context of mutual funds and investment Here's a brief overview: 1. Definition: NFO is the first-time subscription offer for a new mutual fund scheme that is launched by an asset management company (AMC). It is similar to an Initial Public Offering (IPO) in the stock market, where a company offers its shares to the public for the first time. 2. Purpose: The main objective of an NFO is to raise capital to invest in securi...
what is nfo ? by Pankaj Bansal, Founder at Newspetrolling.com
·Nifty Midcap 150 saw a surge of 4.94% in July ·Nifty smallcap 250 surged 4.89% in July ·Nifty Next 50 surged 4.56% in July ·Nifty 500 surged 4.30% in July ·Nifty 50 surged 3.92% in July ·The IT sector contributed a positive return to the Nifty 500, in contrast to the S&P 500 index which experienced a decline of 0.7% According to Motilal Oswal Asset Management Company’s Global Market snapshot report, all broa...
Nifty Microcap 250 surged 7.73% in the month of July, whilst the one-year change marked at 71.83% : Motilal Oswal Asset Management Company
Motilal Oswal Asset Management Company (MOAMC) today announced the launch of its latest new fund offer “Motilal Oswal Business Cycle Fund”. The new thematic fund by MOAMC is an open-ended equity scheme that following business cycles-based investing theme. Key Fund Details: NFO Period: 7 th August 2024 to 21st August 2024 Investment Strategy: This investment strategy focuses on generating wealth by investing in companies through dynamic allocation between various sectors and ...
Motilal Oswal AMC Launches `Motilal Oswal Business Cycle Fund`
Motilal Oswal Mutual Fund has filed offer document with SEBI to launch an open-ended fund named 'Motilal Oswal Nifty India Defence ETF'. The New Fund Offer price is Rs 10. Entry and exit load will be nil. The Scheme does not offer any Plans /Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore. The performance of the scheme will be benchmarked by Nifty India Defence Total Return Index. The minimum application amount is Rs 500 per application and in mult...
Motilal Oswal Mutual Fund files offer document for Nifty India Defence ETF
HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India's leading mutual fund houses, announces the launch of the HDFC Nifty500 Multicap 50:25:25 Index Fund, a passively managed fund that aims to track the Nifty500 Multicap 50:25:25 Total Returns Index. The New Fund Offering (NFO) opens on August 6th and closes on August 20th, 2024. The scheme could be suitable...
HDFC Mutual Fund Launches HDFC Nifty500 Multicap 50:25:25 Index Fund
“In the last 2 years we have launched 12 NFOs. None of these were AuM gatherers but total assets are now near 12,800 crores and 4.5L unique clients with average age of schemes in the 1-1.5 years vicinity. None of these NFOs were launched in hot procyclical sectors - when some did defense, manufacturing, energy etc. we did BFSI, Pharma and Special Opportunities - this is to ensure counter cyclical actions and ensure good investing experience. But why so many NFOs? The industry has bec...
WhiteOak Capital FlexiCap Fund completes 2 years today by Aashish Somaiyaa, CEO, WhiteOak Capital AMC
ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Nifty Metal ETF. The offering aims to provide returns before expenses that correspond to the returns provided by the Nifty Metal Index, subject to tracking errors. The Nifty Metal Index includes companies from the metal sector, including both ferrous and non- ferrous metals. The Nifty Metal Index is designed to reflect the behaviour and performance of the Metals sector (including mining). The Nifty Metal Index co...
ICICI Prudential Mutual Fund launches India's first Nifty Metal ETF
Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme investing in allocation fund named ‘Mirae Asset Nifty PSU Bank ETF ‘. The New Fund Offer price will be units at 1/100th value of the Nifty PSU Bank closing Index. Entry load and exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore. The performance of the scheme will be benchmarked by Nifty PSU Bank TRI ...
Mirae Asset Mutual Fund files offers document for Nifty PSU Bank ETF
Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme investing in allocation fund named ‘Mirae Asset Nifty Metal ETF’. The New Fund Offer price will be units at 1/100th value of the Nifty PSU Bank closing Index. Entry load and exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore. The performance of the scheme will be benchmarked by Nifty Metal Total Retur...
Mirae Asset Mutual Fund files offer document for Nifty Metal ETF
Load More