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Bajaj Finserv MF introduces ELSS Tax Saver Fund Bajaj Finserv Mutual Fund has launched Bajaj Finserv ELSS Tax Saver Fund, an open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. The NFO opens for subscription on December 24, 2024 and closes on January 22, 2025. The Entry Load and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Rs 500 thereafter. The performance of the scheme will be benchmarked at BSE 500 Total Return Index (TRI) and its fund manag...
Bajaj Finserv MF introduces ELSS Tax Saver Fund
Bajaj Finserv MF introduces ELSS Tax Saver Fund
Source: Accord Fintech
2024-12-24 12:23:09 pm
LIC MF declares IDCW under Aggressive Hybrid Fund LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) under LIC MF Aggressive Hybrid Fund (the scheme). The record date for the same is December 24, 2024, 2024 or the immediate next Business Day if that day is not a Business Day. The quantum of IDCW on the face value of Rs 10.00 per unit will be Rs 0.10 under Regular Plan-IDCW Option.
LIC MF declares IDCW under Aggressive Hybrid Fund
LIC MF declares IDCW under Aggressive Hybrid Fund
Source: Accord Fintech
2024-12-23 02:04:16 pm
Net inflows in SIPs up 233 pc in India this year, MF industry sees 135 pc growth There has been a massive 233 per cent growth (year-on-year) in overall net inflows in systematic investment plans (SIPs) in India this year, according to a new report, as the Indian economy remains resilient amid rough geo-political conditions.  Overall net inflows stood at Rs 9.14 lakh crore from January to November this year, as against Rs. 2.74 lakh crore in 2023 which tantamount to a growth of 233 per cent, according to the report by ICRA Analytics. Number of new SIPs registere...
Net inflows in SIPs up 233 pc in India this year, MF industry sees 135 pc growth
Net inflows in SIPs up 233 pc in India this year, MF industry sees 135 pc growth
Source: IANS
2024-12-21 11:17:59 am
Mirae Asset AMC announces change in exit load Mirae Asset AMC has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of certain Scheme(s) of Mirae Asset Mutual Fund (MAMF).  Mirae Asset Mutual Fund informs that schemes- Mirae Asset Balanced Advantage Fund, and Mirae Asset Multi Asset Allocation Fund, the existing exit load ‘For investors who have opted for SWP under the plan: 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the d...
Mirae Asset AMC announces change in exit load
Mirae Asset AMC announces change in exit load
Source: Accord Fintech
2024-12-20 04:06:10 pm
Mirae Asset AMC announces change in NFO of Small Cap Fund Mirae Asset AMC has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of certain Scheme(s) of Mirae Asset Mutual Fund (MAMF).  Mirae Asset Mutual Fund informs that the New Fund Offer (‘NFO’) period of Mirae Asset Small Cap Fund (An open-ended equity scheme predominantly investing in small cap stocks). NFO Start Date has been revised from ‘Thursday, January 09, 2025’ to ‘Friday, January 10, 2025’; NFO C...
Mirae Asset AMC announces change in NFO of Small Cap Fund
Mirae Asset AMC announces change in NFO of Small Cap Fund
Source: Accord Fintech
2024-12-20 04:04:47 pm
Aditya Birla SL AMC announces change in directorship Aditya Birla Sun Life AMC has announced notice cum addendum to the Statement of Additional Information (SAI) of Aditya Birla Sun Life Mutual Fund. Manjit Singh (DIN: 09792276) has been appointed as an Associate Director on the Board of ABSLAMC with effect from Thursday, December 19, 2024. Amrit Kanwal (DIN: 09545814), ceased to be an Associate Director of ABSLAMC with effect from Wednesday, December 18, 2024. In view of the above, relevant changes will be carried out in SAI. All other feat...
Aditya Birla SL AMC announces change in directorship
Aditya Birla SL AMC announces change in directorship
Source: Accord Fintech
2024-12-20 01:41:02 pm
Aditya Birla SL AMC announces record date for distribution in Equity Savings Fund Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Friday, December 20, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Equity Savings Fund (An Open ended scheme investing in equity, arbitrage and debt), subject to availability of distributable surplus on the Record Date. The quantum of IDCW on the face value of Rs 10 per unit will be 0.23...
Aditya Birla SL AMC announces record date for distribution in Equity Savings Fund
Aditya Birla SL AMC announces record date for distribution in Equity Savings Fund
Source: Accord Fintech
2024-12-19 03:00:56 pm
Aditya Birla SL AMC announces record date for distribution in Dividend Yield Fund ditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Friday, December 20, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Dividend Yield Fund (An open ended equity scheme predominantly investing in dividend yielding stocks), subject to availability of distributable surplus on the Record Date. The quantum of IDCW on the face value of Rs 10 per...
Aditya Birla SL AMC announces record date for distribution in Dividend Yield Fund
Aditya Birla SL AMC announces record date for distribution in Dividend Yield Fund
Source: Accord Fintech
2024-12-19 02:59:09 pm
Aditya Birla SL AMC announces record date for distribution in Equity Hybrid`95 Fund Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Friday, December 20, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Equity Hybrid '95 Fund (An open ended hybrid scheme investing predominantly in equity and equity related instruments), subject to availability of distributable surplus on the Record Date. The quantum of IDCW on the fa...
Aditya Birla SL AMC announces record date for distribution in Equity Hybrid`95 Fund
Aditya Birla SL AMC announces record date for distribution in Equity Hybrid`95 Fund
Source: Accord Fintech
2024-12-19 02:57:09 pm
SBI AMC announces new CAMS SBI Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all the Scheme(s) of SBI Mutual Fund.   SBI Funds Management informed about new CAMS Service Centre at ‘Santinagar, Ward No 14, Near Upal Mukhar Puja Ground, Alipurduar-736121,West Bengal, phone number-03564-296201, Email id-camsapdj@camsonline.com’, Official Point of Acceptance of SBI Mutual Fund. All...
SBI AMC announces new CAMS
SBI AMC announces new CAMS
Source: Accord Fintech
2024-12-18 02:42:37 pm
HDFC MF announces IDCW record date under Arbitrage Fund HDFC Mutual Fund (MF) has informed that HDFC Trustee Company, the Trustee to HDFC Mutual Fund approved the Distribution under Income Distribution cum Capital Withdrawal (IDCW) Option of HDFC Arbitrage Fund, an Open-ended Scheme investing in Arbitrage Opportunities (the Scheme) and and fixed Thursday, December 19, 2024 (or the immediately following Business Day, if that day is not a Business Day) as the Record Date for the same. The quantum of IDCW on the face value of Rs 10.00 per unit wil...
HDFC MF announces IDCW record date under Arbitrage Fund
HDFC MF announces IDCW record date under Arbitrage Fund
Source: Accord Fintech
2024-12-18 02:41:17 pm
ICICI Pru AMC announces change in Fund Manager under various schemes ICICI Prudential Asset Management Company (AMC) has announced addendum to Scheme Information Documents (SIDs) and Key Information Memorandums (KIMs) of select schemes of ICICI Prudential Mutual Fund. ICICI Prudential Mutual Fund has informed that the Fund Manager of ICICI Prudential Gold ETF, ICICI Prudential Silver ETF, ICICI Prudential BSE Midcap Select ETF, ICICI Prudential Nifty 100 ETF, ICICI Prudential Nifty 50 Index Fund, ICICI Prudential Nifty 50 ETF, ICICI Prudential Nifty 100 Low...
ICICI Pru AMC announces change in Fund Manager under various schemes
ICICI Pru AMC announces change in Fund Manager under various schemes
Source: Accord Fintech
2024-12-18 02:39:30 pm
JM Financial Asset Management announces appointment of Key Personnel JM Financial Asset Management (AMC) has announced addendum to the Statement of Additional Information (SAI) of the schemes of JM Financial Mutual Fund. JM Financial Mutual Fund has informed that that Deepak Gupta has been designated as Key Personnel of the AMC with effect from December 12, 2024. Accordingly, following details pertaining to Deepak Gupta shall be incorporated in the SAI under the para titled ‘Information on Key Personnel’: Mr. Deepak Gupta (42 years) graduated wi...
JM Financial Asset Management announces appointment of Key Personnel
JM Financial Asset Management announces appointment of Key Personnel
Source: Accord Fintech
2024-12-18 02:37:37 pm
ICICI Pru MF declares IDCW under Credit Risk Fund 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 Credit Risk Fund (the scheme). The record date for the same is December 19, 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 0.1899 under Quarter IDCW and Rs 0.219...
ICICI Pru MF declares IDCW under Credit Risk Fund
ICICI Pru MF declares IDCW under Credit Risk Fund
Source: Accord Fintech
2024-12-17 04:45:55 pm
ICICI Pru MF declares IDCW under Long Term Bond Fund 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 Long Term Bond Fund (the scheme). The record date for the same is December 19, 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 0.2550 under Quarter IDCW and Rs 0....
ICICI Pru MF declares IDCW under Long Term Bond Fund
ICICI Pru MF declares IDCW under Long Term Bond Fund
Source: Accord Fintech
2024-12-17 04:44:10 pm
Edelweiss AMC announces change in nomenclature Edelweiss Asset Management Company (AMC) has announced notice cum addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Edelweiss Mutual Fund. Edelweiss Mutual Fund informed that pursuant to SEBI’s email communication dated June 25, 2024, regarding the standardized framework for target maturity indices and the prescribed nomenclature for target maturity schemes, the name of the Edelweiss CRISIL IBX AAA Financial Services – Jan 2028...
Edelweiss AMC announces change in nomenclature
Edelweiss AMC announces change in nomenclature
Source: Accord Fintech
2024-12-16 04:46:28 pm
Motilal Oswal Mutual Fund files offer document for Active Momentum Fund Motilal Oswal Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named 'Motilal Oswal Active Momentum Fund'. The New Fund Offer price will be Rs 10. Entry load will be nil and Exit load will be 1%- If redeemed within 3 months from the day of allotment; will be Nil -If redeemed after 3 months from the date of allotment. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investments and seeks to collect a Minimum T...
Motilal Oswal Mutual Fund files offer document for Active Momentum Fund
Motilal Oswal Mutual Fund files offer document for Active Momentum Fund
Source: Accord Fintech
2024-12-16 04:01:59 pm
Motilal Oswal MF introduces Arbitrage Fund Motilal Oswal Mutual Fund has launched Motilal Oswal Arbitrage Fund, an open-ended equity scheme investing in arbitrage opportunities. The NFO opens for subscription on December 16, 2024 and closes on December 19, 2024. The Entry Load is nil for the scheme. The Exit Load will be 0.25% - If redeemed within 30 days from the day of allotment and Nil - If redeemed after 30 days from the date of allotment. The minimum subscription amount is Rs 500/- and in multiples of Re. 1/- thereafter. The p...
Motilal Oswal MF introduces Arbitrage Fund
Motilal Oswal MF introduces Arbitrage Fund
Source: Accord Fintech
2024-12-16 03:43:42 pm
JM Financial Asset Management announces shifting of branch   JM Financial Asset Management (AMC) has announced addendum to the Statement of Additional Information (SAI), Scheme Information Document (SID) & Key Information Memorandum (KIM) of the schemes of JM Financial Mutual Fund. JM Financial Mutual Fund has informed that the Andheri branch of the AMC will be shifting from ’The Summit Business Park, 415, 4th Floor, Off Andheri Kurla Road, Chakala, Below Western Express Highway Metro Station, Andheri East, Mumbai 400093 to the n...
JM Financial Asset Management announces shifting of branch
JM Financial Asset Management announces shifting of branch
Source: Accord Fintech
2024-12-16 03:41:14 pm
Aditya Birla SL AMC announces record date for distribution in Short Term Fund Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Monday, December 16, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Short Term Fund (An open ended short-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1-3 years. A relatively high interest rate risk and moderate credit risk), subject to...
Aditya Birla SL AMC announces record date for distribution in Short Term Fund
Aditya Birla SL AMC announces record date for distribution in Short Term Fund
Source: Accord Fintech
2024-12-13 02:30:24 pm
Aditya Birla SL AMC announces record date for distribution in Government Securities Fund Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Monday, December 16, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Income Fund (An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4-7 years. A relatively high interest rate risk and moderate credit risk), subject to av...
Aditya Birla SL AMC announces record date for distribution in Government Securities Fund
Aditya Birla SL AMC announces record date for distribution in Government Securities Fund
Source: Accord Fintech
2024-12-13 02:28:03 pm
Aditya Birla SL AMC announces record date for distribution in medium term plan Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Monday, December 16, 2024 as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Medium Term Plan (An open ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years. A relatively high interest rate risk and relatively high credit risk), s...
Aditya Birla SL AMC announces record date for distribution in medium term plan
Aditya Birla SL AMC announces record date for distribution in medium term plan
Source: Accord Fintech
2024-12-13 02:25:57 pm
ICICI Pru MF declares IDCW under Savings Fund 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 December 16, 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 2.0760 under Quarter IDCW and Rs 2.1160 un...
ICICI Pru MF declares IDCW under Savings Fund
ICICI Pru MF declares IDCW under Savings Fund
Source: Accord Fintech
2024-12-12 04:10:00 pm
HDFC Asset Management Company (AMC) informs about additional disclosures In accordance with Clause 5.8 of SEBI Master Circular for Mutual Funds dated June 27, 2024 issued by Securities and Exchange Board of India (SEBI), HDFC Mutual Fund has informed that a new section titled ‘Additional Scheme Related Disclosures’ stands inserted under the Scheme Information Document (‘SID’) / Key Information Memorandum (‘KIM’) (as applicable) of HDFC FMP 1861D March 2022, HDFC FMP 1162D March 2022, HDFC FMP 1158D March 2022, HDFC FMP 1406D Aug...
HDFC Asset Management Company (AMC) informs about additional disclosures
HDFC Asset Management Company (AMC) informs about additional disclosures
Source: Accord Fintech
2024-12-12 04:08:32 pm
Mirae Asset MF introduces Nifty India New Age Consumption ETF Fund of Fund Mirae Asset Mutual Fund has launched Mirae Asset Nifty India New Age Consumption ETF Fund of Fund, an open-ended fund of fund scheme investing in units of Mirae Asset Nifty India New Age Consumption ETF. The NFO opens for subscription on December 12, 2024 and closes on December 26, 2024. The Entry Load is not applicable for the scheme. The Exit Load will be 0.05% - if redeemed or switched out within 15 days from the date of allotment and nil - if redeemed or switched out after 15 days from da...
Mirae Asset MF introduces Nifty India New Age Consumption ETF Fund of Fund
Mirae Asset MF introduces Nifty India New Age Consumption ETF Fund of Fund
Source: Accord Fintech
2024-12-12 12:29:34 pm
Mirae Asset MF introduces Nifty India New Age Consumption ETF Mirae Asset Mutual Fund has launched Mirae Asset Nifty India New Age Consumption ETF, an open-ended scheme replicating/tracking Nifty India New Age Consumption Total Return Index. The NFO opens for subscription on December 12, 2024 and closes on December 20, 2024. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 5,000 per application and in multiples of Re 1 thereafter. The performance of the scheme will be benchmarked at Nifty...
Mirae Asset MF introduces Nifty India New Age Consumption ETF
Mirae Asset MF introduces Nifty India New Age Consumption ETF
Source: Accord Fintech
2024-12-12 12:27:22 pm
ITI AMC announces IDCW ITI Mutual Fund Trustee has informed that it has approved distribution under Income Distribution cum Capital Withdrawal Option (IDCW Option) of the Scheme, subject to availability of distributable surplus on the record date, on December 12, 2024. Name of the Schemes/Plans is ITI Balanced Advantage Fund. The IDCW on the face value of Rs 10 per unit will be Rs 0.10 per unit for regular plan and Direct Plan. The NAV of IDCW as on December 6, 2024 will be Rs 13.2685 per unit for regu...
ITI AMC announces IDCW
ITI AMC announces IDCW
Source: Accord Fintech
2024-12-11 04:02:00 pm
Edelweiss Mutual Fund files offer document for BSE Premium Consumption ETF Edelweiss Mutual Fund has filed offer document with SEBI to launch an open-ended exchange traded scheme named 'Edelweiss BSE Premium Consumption ETF'. The New Fund Offer price will be 1/100th value of the BSE Premium Consumption closing Index as on the date of allotment for applications received during the NFO. 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 ...
Edelweiss Mutual Fund files offer document for BSE Premium Consumption ETF
Edelweiss Mutual Fund files offer document for BSE Premium Consumption ETF
Source: Accord Fintech
2024-12-11 04:00:18 pm
Mirae Asset Mutual Fund files offer document for BSE Select IPO ETF Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Mirae Asset BSE Select IPO ETF ‘. The New Fund Offer price will be 1/100th value of the BSE Select IPO closing Index as on the date of allotment for applications received during NFO. 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 benchma...
Mirae Asset Mutual Fund files offer document for BSE Select IPO ETF
Mirae Asset Mutual Fund files offer document for BSE Select IPO ETF
Source: Accord Fintech
2024-12-11 03:21:13 pm
ICICI Pru MF declares IDCW under Corporate Bond Fund 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 Corporate Bond Fund (the scheme). The record date for the same is December 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 0.2138 under Quarterly IDCW and Rs ...
ICICI Pru MF declares IDCW under Corporate Bond Fund
ICICI Pru MF declares IDCW under Corporate Bond Fund
Source: Accord Fintech
2024-12-10 04:16:38 pm
ICICI Prudential MF introduces Nifty 500 Index Fund ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty 500 Index Fund, an open-ended index scheme replicating Nifty 500 Index. The NFO opens for subscription on December 10, 2024 and closes on December 17, 2024. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 100/- (plus in multiple of Re. 1/-). The performance of the scheme will be benchmarked at Nifty 500 TRI and its fund managers are Nishit Patel, Priya Sridhar an...
ICICI Prudential MF introduces Nifty 500 Index Fund
ICICI Prudential MF introduces Nifty 500 Index Fund
Source: Accord Fintech
2024-12-10 04:14:51 pm
Edelweiss MF introduces BSE Capital Markets & Insurance ETF Edelweiss Mutual Fund has launched Edelweiss BSE Capital Markets & Insurance ETF, an open-ended exchange traded scheme replicating/tracking BSE Capital Markets & Insurance Total Return Index. The NFO opens for subscription on December 10, 2024 and closes on December 24, 2024. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter. The performance of the scheme will be benchmarked at B...
Edelweiss MF introduces BSE Capital Markets & Insurance ETF
Edelweiss MF introduces BSE Capital Markets & Insurance ETF
Source: Accord Fintech
2024-12-10 04:13:16 pm
Indian mutual fund industry`s AUM crosses Rs 68 lakh crore for 1st time  The assets under management (AUM) of the mutual funds (MFs) in India increased to Rs 68.08 lakh crore in November from Rs 67.25 lakh crore in October, according to the data from the Association for Mutual Funds in India (AMFI) on Tuesday.  Overall, active equity schemes AUM crossed Rs 30 lakh crore to Rs 30.35 lakh crores as of end November, which is now 44.5 per cent of the total mutual industry AUM at Rs 68.08 lakh crore. The inflow into systematic investment plans (SIPs) s...
Indian mutual fund industry`s AUM crosses Rs 68 lakh crore for 1st time
Indian mutual fund industry`s AUM crosses Rs 68 lakh crore for 1st time
Source: IANS
2024-12-10 03:09:38 pm
ICICI Pru AMC announces change in risk-o-meter of Debt Management Fund (FOF) ICICI Prudential Asset Management Company (AMC) has announced Addendum to the Scheme Information Documents (SID) and Key Information Memorandum (KIM) of mentioned schemes of ICICI Prudential Mutual Fund. In terms of paragraph 17.4.1.h. of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/ CIR/2024/90 dated June 27, 2024 (the Master Circular), ICICI Prudential Mutual Fund has informed that the Risk-o-meter of ICICI Prudential Debt Management Fund (FOF) (the scheme) of Mutual Fund has been re...
ICICI Pru AMC announces change in risk-o-meter of Debt Management Fund (FOF)
ICICI Pru AMC announces change in risk-o-meter of Debt Management Fund (FOF)
Source: Accord Fintech
2024-12-09 04:09:15 pm
HDFC AMC announces change in provisions relating to SIP facility HDFC Asset Management Company (AMC) has announced addendum to Statement of Additional Information (SAI) of HDFC Mutual Fund. HDFC Mutual Fund has informed that certain provision relating to Systematic Investment Plan (SIP) facility appearing in SAI shall stand modified. This addendum shall form an integral part of the SAI of HDFC Mutual Fund as amended from time to time.
HDFC AMC announces change in provisions relating to SIP facility
HDFC AMC announces change in provisions relating to SIP facility
Source: Accord Fintech
2024-12-09 04:07:54 pm
Aditya Birla Sun Life MF introduces Crisil-IBX Financial Services 3 to 6 months Debt Index Fund Aditya Birla Sun Life Mutual Fund has launched Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund, an open-ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 3 to 6 Months Debt Index with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on December 09, 2024 and closes on December 16, 2024. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription a...
Aditya Birla Sun Life MF introduces Crisil-IBX Financial Services 3 to 6 months Debt Index Fund
Aditya Birla Sun Life MF introduces Crisil-IBX Financial Services 3 to 6 months Debt Index Fund
Source: Accord Fintech
2024-12-09 04:03:33 pm
Aditya Birla SL AMC changes risk-o-meter of Active Debt Multi Manager FOF Scheme Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Aditya Birla Sun Life Mutual Fund. Pursuant to SEBI Master Circular on Mutual Funds dated June 27, 2024, the Risk-o-meter of Aditya Birla Sun Life Active Debt Multi Manager FOF Scheme (An open - ended fund of funds scheme investing in dynamically managed portfolio of Debt Funds.) has been revised to ‘Moderately High’. The Risk-o-meter for the previous m...
Aditya Birla SL AMC changes risk-o-meter of Active Debt Multi Manager FOF Scheme
Aditya Birla SL AMC changes risk-o-meter of Active Debt Multi Manager FOF Scheme
Source: Accord Fintech
2024-12-06 12:45:52 pm
Axis MF introduces CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund Axis Mutual Fund has launched Axis CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA NBFC-HFC Index - Jun 2027 with moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on December 06, 2024 and closes on December 10, 2024. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereo...
Axis MF introduces CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund
Axis MF introduces CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund
Source: Accord Fintech
2024-12-06 12:43:20 pm
Bajaj Finserv MF introduces Healthcare Fund Bajaj Finserv Mutual Fund has launched Bajaj Finserv Healthcare Fund, an open-ended equity scheme following pharma, healthcare and allied theme. The NFO opens for subscription on December 06, 2024 and closes on December 20, 2024. The Entry Load is nil 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 1% of applicable NAV- if units are redeemed / switc...
Bajaj Finserv MF introduces Healthcare Fund
Bajaj Finserv MF introduces Healthcare Fund
Source: Accord Fintech
2024-12-06 12:40:55 pm
Funding by mutual funds to NBFCs up 47 pc at Rs 2.33 lakh crore in Oct The mutual fund (MF) debt exposure to non-banking financial companies (NBFCs), which includes commercial papers (CPs) and corporate debt, has remained above the Rs 2 lakh crore level for more than half a year, reaching Rs 2.33 lakh crore in October.  A CareEdge Ratings report said this marks an increase of 47.1 per cent (year-on-year), along with a marginal sequential rise of 0.3 per cent. Moreover, CPs have remained above the one lakh crore mark for almost a year, currently amount...
Funding by mutual funds to NBFCs up 47 pc at Rs 2.33 lakh crore in Oct
Funding by mutual funds to NBFCs up 47 pc at Rs 2.33 lakh crore in Oct
Source: IANS
2024-12-05 04:02:36 pm
Direct plans share in mutual fund SIPs reaches around 40 pc Online investment options are rapidly changing the mutual fund industry as the share of direct plans in SIP (systematic investment plan) accounts has reached around 40 per cent from nearly 21 per cent four years ago.  This change in trade shows that people are now giving more preference to investing through direct channels. Mutual fund investors can choose between both direct and regular plans. Regular plans of a mutual scheme can be bought through agents and banks. Being an int...
Direct plans share in mutual fund SIPs reaches around 40 pc
Direct plans share in mutual fund SIPs reaches around 40 pc
Source: IANS
2024-12-05 02:12:05 pm
Quant MF announces change in risk-o-meter of quant dynamic asset allocation fund Quant Mutual Fund has announced notice cum addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of the scheme of Quant Mutual Fund. Pursuant to SEBI Master Circular dated June 27, 2024, the risk-o-meter of quant dynamic asset allocation fund is revised as ‘Very high’. Risk-o-meter is based on evaluation of risk level of Scheme’s portfolio as at November 29, 2024.  All other details of the Product Labelling and all other features and...
Quant MF announces change in risk-o-meter of quant dynamic asset allocation fund
Quant MF announces change in risk-o-meter of quant dynamic asset allocation fund
Source: Accord Fintech
2024-12-05 01:00:25 pm
Aditya Birla Sun Life MF introduces Conglomerate Fund Aditya Birla Sun Life Mutual Fund has launched Aditya Birla Sun Life Conglomerate Fund, an open-ended diversified equity scheme following conglomerate theme. The NFO opens for subscription on December 05, 2024 and closes on December 19, 2024. The Entry Load is not applicable for the scheme. The Exit Load will be 0.50% of applicable NAV - For redemption / switch-out of units on or before 90 days from the date of allotment and Nil - For redemption / switch-out of units after 90 days from the da...
Aditya Birla Sun Life MF introduces Conglomerate Fund
Aditya Birla Sun Life MF introduces Conglomerate Fund
Source: Accord Fintech
2024-12-05 12:58:02 pm
Aditya Birla SL AMC announces change in maximum subscription amount under medium term plan Aditya Birla Sun Life AMC has announced notice-cum-addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes of Aditya Birla Sun Life Medium Term Plan. Aditya Birla Sun Life AMC has decided to revise maximum amount in fresh subscriptions/ switch-in application(s) in Aditya Birla Sun Life Medium Term Plan, an open ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years. A relatively...
Aditya Birla SL AMC announces change in maximum subscription amount under medium term plan
Aditya Birla SL AMC announces change in maximum subscription amount under medium term plan
Source: Accord Fintech
2024-12-04 01:45:19 pm
SBI MF introduces Quant Fund SBI Mutual Fund has launched SBI Quant Fund, an open-ended equity scheme following Quant based investing theme. The NFO opens for subscription on December 04, 2024 and closes on December 18, 2024. No Entry Load shall be charged for the scheme. The Exit Load will be 0.5% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out on or before 6 months from the date of allotment and nil - If units purchased or switched in from another s...
SBI MF introduces Quant Fund
SBI MF introduces Quant Fund
Source: Accord Fintech
2024-12-04 01:42:34 pm
Samco MF introduces Multi Asset Allocation Fund Samco Mutual Fund has launched Samco Multi Asset Allocation Fund, an open-ended scheme investing in Equity, Fixed Income, Exchange Traded Commodity Derivatives / Units of Gold ETFs / Silver ETFs & units of REITs/ InvITs. The NFO opens for subscription on December 04, 2024 and closes on December 18, 2024. The Entry Load is not applicable for the scheme. The Exit Load: 10% of units can be redeemed without an exit load within 12 months of allotment. Any redemption in excess of such limit in ...
Samco MF introduces Multi Asset Allocation Fund
Samco MF introduces Multi Asset Allocation Fund
Source: Accord Fintech
2024-12-04 12:59:32 pm
ICICI Pru MF declares IDCW under Banking and PSU Debt Fund 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 Banking and PSU Debt Fund (the scheme). The record date for the same is December 05, 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 0.1888 under Quarterly IDCW ...
ICICI Pru MF declares IDCW under Banking and PSU Debt Fund
ICICI Pru MF declares IDCW under Banking and PSU Debt Fund
Source: Accord Fintech
2024-12-03 04:15:43 pm
ICICI Pru MF declares IDCW under Equity-Arbitrage Fund 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 Equity-Arbitrage Fund (the scheme). The record date for the same is December 05, 2024, 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 0.0500 under IDCW and Direc...
ICICI Pru MF declares IDCW under Equity-Arbitrage Fund
ICICI Pru MF declares IDCW under Equity-Arbitrage Fund
Source: Accord Fintech
2024-12-03 04:12:59 pm