News

HDFC AMC announces Change in Risk-o-meter HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund. In compliance with clause 17.4.1.h of the Master Circular dated May 19, 2023, HDFC Mutual Fund has informed that the Risk-o-meters of the following Schemes of HDFC Mutual Fund stand revised as follows: The Risk-o-meter of HDFC FMP 1269D March 2023 - Series 47 has been revised from ‘Moderate’ to ‘Low to Moder...
HDFC AMC announces Change in Risk-o-meter
HDFC AMC announces Change in Risk-o-meter
Source: Accord Fintech
8/09/2023 3:47:36 PM
Aditya Birla Sun Life AMC changes risk-o-meter of International Equity Fund Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Aditya Birla Sun Life Mutual Fund. In terms with Para 17.4.1.h of SEBI Master Circular on Mutual Funds dated May 19, 2023, the Risk-o-meter of Aditya Birla Sun Life International Equity Fund (An open-ended equity scheme following international theme by investing predominantly in Global Equities) has been revised to Very High. The Risk-o-meter for the pre...
Aditya Birla Sun Life AMC changes risk-o-meter of International Equity Fund
Aditya Birla Sun Life AMC changes risk-o-meter of International Equity Fund
Source: Accord Fintech
8/09/2023 2:27:58 PM
LIC AMC announces change in risk-o-meter under various schemes LIC Mutual Fund Asset Management has informed that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified.  The Risk-o-meter of LIC MF Overnight Fund & LIC MF Ultra Short Duration Fund stands revised from Existing ‘Low’ to ‘Low to Moderate&rsquo...
LIC AMC announces change in risk-o-meter under various schemes
LIC AMC announces change in risk-o-meter under various schemes
Source: Accord Fintech
6/09/2023 3:58:15 PM
Samco Mutual Fund files offers document for Balanced Advantage Fund Samco Mutual Fund has filed offer document with SEBI to launch an open-ended dynamic asset allocation fund named ‘Samco Balanced Advantage Fund’. The New Fund Offer price is Rs 10. Entry load will be nil and 25% of the units allotted may be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units; Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load; 1% i...
Samco Mutual Fund files offers document for Balanced Advantage Fund
Samco Mutual Fund files offers document for Balanced Advantage Fund
Source: Accord Fintech
5/09/2023 3:22:23 PM
LIC Mutual AMC announces cessation of Independent Director LIC Mutual Fund Asset Management (AMC) has informed that, pursuant to SEBI Circular dated November 30, 2017 Ref no. SEBI/HO/IMD/DF2/CIR/P/2017/125 read with SEBI Circular dated February 7, 2018, pertaining to Enhancing fund governance for Mutual Funds, Satish Kamat, ceases to be an Independent Director on the Board of AMC on completion of the maximum term prescribed as per the aforesaid SEBI circulars from the close of business hours of August 29, 2023. Accordingly, all reference to Satish Ka...
LIC Mutual AMC announces cessation of Independent Director
LIC Mutual AMC announces cessation of Independent Director
Source: Accord Fintech
4/09/2023 2:06:48 PM
Motilal Oswal AMC announces change in address of ISC Motilal Oswal Asset Management Company (AMC) has announced notice cum addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of designated schemes of Motilal Oswal Mutual Fund.   Motilal Oswal Mutual Fund (MF) informed that  Investor Service Center (ISC) of Kfin Technologies for the Schemes of MOMF at ‘ KFin Technologies, Shree Ashadeep Complex, 16 Civil Lines, Near Income Tax Office, Roorkee - 247667 Uttarancha’ has been shifted to ...
Motilal Oswal AMC announces change in address of ISC
Motilal Oswal AMC announces change in address of ISC
Source: Accord Fintech
4/09/2023 2:00:54 PM
PGIM India Asset Management announces change in address of OPA PGIM India Mutual Fund has informed that Investor Service Center (ISC) of KFIN Technologies which is also an Official Point of Acceptance (OPA) of the schemes of PGIM India Mutual Fund located at ‘9/290 Civil Lines, Nr. Sahara office, Azamgarh, Uttar Pradesh – 276001’ is shifting to ‘Shop no. 18 Gr. Floor, Nagarpalika, Infront of Tresery office, Azamgarh, Uttar Pradesh – 276001’ Contact no: 7518801805’, with effect from September 04, 2023.
PGIM India Asset Management announces change in address of OPA
PGIM India Asset Management announces change in address of OPA
Source: Accord Fintech
1/09/2023 3:46:18 PM
PGIM India Asset Management announces merger of Low Duration Fund into Money Market Fund PGIM India Mutual Fund has informed that the Board of Directors of PGIM India Asset Management and PGIM India Trustees, the asset management company and trustee company of PGIM India Mutual Fund have approved the proposal for merger of PGIM India Low Duration Fund, an open-ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months with relatively low interest rate risk and moderate credit risk scheme. (The scheme h...
PGIM India Asset Management announces merger of Low Duration Fund into Money Market Fund
PGIM India Asset Management announces merger of Low Duration Fund into Money Market Fund
Source: Accord Fintech
31/08/2023 4:41:02 PM
Invesco India MF declares IDCW under Balanced Advantage Fund Invesco India Mutual Fund (MF) has informed that Invesco Trustee, (the Trustee to Invesco MF) has approved the declaration of Income Distribution cum Capital Withdrawal (‘IDCW’) in Invesco India Balanced Advantage Fund, an open-ended dynamic asset allocation fund. The record date for the same is August 31, 2023 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 0.12 under IDCW ...
Invesco India MF declares IDCW under Balanced Advantage Fund
Invesco India MF declares IDCW under Balanced Advantage Fund
Source: Accord Fintech
31/08/2023 4:39:12 PM
WhiteOak Capital Mutual Fund launches `WhiteOak Capital Multi Cap Fund` WhiteOak Capital Mutual Fund today announced the launch of their new fund offer (NFO) - ‘WhiteOak Capital Multi Cap Fund’. The NFO will be open from 31st August to 14th  September 2023. WhiteOak Capital Multi Cap Fund is an open-ended equity scheme that will be investing across large cap, mid cap, small cap stocks. Earlier this month, our first equity scheme completed 1 year.   WhiteOak Capital Multi Cap Fund will be focusing on superior stock selection w...
WhiteOak Capital Mutual Fund launches `WhiteOak Capital Multi Cap Fund`
WhiteOak Capital Mutual Fund launches `WhiteOak Capital Multi Cap Fund`
Source: PR Agency
31/08/2023 2:10:37 PM
HDFC Mutual Fund launches HDFC Technology Fund HDFC Asset Management Co. Ltd (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC Technology Fund. This open-ended equity scheme intends to invest in technology and technology related companies with a bottom-up approach for stock selection. It aims to embrace the techvolution and invest in the potential of the future. The captioned NFO opened on August 25, 2023 and closes on September 05, 2023 H...
HDFC Mutual Fund launches HDFC Technology Fund
HDFC Mutual Fund launches HDFC Technology Fund
Source: PR Agency
30/08/2023 5:55:03 PM
Navi Mutual Fund files offers document for Dynamic Asset Allocation Fund Navi Mutual Fund has filed offer document with SEBI to launch an Open-Ended Dynamic Asset Allocation Fund named ‘Navi Dynamic Asset Allocation Fund’. Units can be purchased during the New Fund Offer Period at Rs 10 each. Entry load will not be applicable for the scheme and the exit load will be nil. Minimum target subscription amount for the Scheme to be raised is Rs 20 crore. The performance of the Scheme will be benchmarked to the performance of Nifty 50 Hybrid Composite Debt...
Navi Mutual Fund files offers document for Dynamic Asset Allocation Fund
Navi Mutual Fund files offers document for Dynamic Asset Allocation Fund
Source: Accord Fintech
30/08/2023 4:43:14 PM
Helios Mutual Fund files offers document for Flexi Cap Fund Helios Mutual Fund has filed offer document with SEBI to launch an open-ended dynamic equity scheme investing across large cap, mid cap & small cap stocks named ‘Helios Flexi Cap Fund’. Units can be purchased during the New Fund Offer Period at Rs 10 each. Entry load and Exit load will not be applicable for the scheme. Minimum target subscription amount for the Scheme to be raised is Rs 10 crore. The performance of the Scheme will be benchmarked to the performance of the NI...
Helios Mutual Fund files offers document for Flexi Cap Fund
Helios Mutual Fund files offers document for Flexi Cap Fund
Source: Accord Fintech
30/08/2023 4:38:17 PM
Baroda BNP Paribas Asset Management announces change in address of OPAT Baroda BNP Paribas Asset Management India has informed about notice cum 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. It has announced change in address of Official Point of Acceptance of Transactions (OPAT) of the AMC with effect from September 01, 2023. The old address is Shree Ashadeep Complex, 16 Civil Lines, Near Income Tax Office Roorkee-247667, U...
Baroda BNP Paribas Asset Management announces change in address of OPAT
Baroda BNP Paribas Asset Management announces change in address of OPAT
Source: Accord Fintech
29/08/2023 3:56:31 PM
Mirae Asset Investment Managers informs about appointment of Key Personnel Mirae Asset Investment Managers (India) (Asset Management Company for Mirae Asset Mutual Fund) has announced addendum to the Statement of Additional Information (SAI) of Mirae Asset Mutual Fund. It has informed about Appointment of Key Personnel. Vishal Singh and Akshay Udeshi have been appointed as Fund Manager and Key Personnel of AMC with effect from August 28, 2023.  Vishal Singh has over 5 years of experience in the field of financial services. He has been associated with the AMC...
Mirae Asset Investment Managers informs about appointment of Key Personnel
Mirae Asset Investment Managers informs about appointment of Key Personnel
Source: Accord Fintech
29/08/2023 12:49:21 PM
HDFC AMC announces change in Information on Key Personnel HDFC Asset Management Company (AMC) has announced addendum to the Statement of Additional Information (SAI) of HDFC Mutual Fund. HDFC Mutual Fund has informed that Nikhil Mathur, a Key Personnel of AMC, who is presently designated as ‘Senior Equity Analyst’ has now been re-designated as ‘Fund Manager and Senior Equity Analyst’ with effect from August 28, 2023. Accordingly, his designation appearing in Section ‘Information on Key Personnel’ of the SAI of ...
HDFC AMC announces change in Information on Key Personnel
HDFC AMC announces change in Information on Key Personnel
Source: Accord Fintech
28/08/2023 2:51:20 PM
Helios Mutual Fund files offers document for Overnightfund Helios Mutual Fund has filed offer document with SEBI to launch an open-ended debt scheme named ‘Helios Overnightfund’. Units can be purchased during the New Fund Offer Period at Rs 1,000 each. Entry load and Exit load will be nil. The Scheme offers growth and dividend options for investment, and minimum target subscription amount for the Scheme to be raised is Rs 20 crore. The performance of the scheme is benchmarked by CRISIL Liquid Overnight Index. The minimum application am...
Helios Mutual Fund files offers document for Overnightfund
Helios Mutual Fund files offers document for Overnightfund
Source: Accord Fintech
25/08/2023 4:35:30 PM
HDFC MF introduces Technology Fund HDFC Mutual Fund (MF) has launched HDFC Technology Fund, an open-ended equity scheme investing in Technology & technology related companies. The NFO opens for subscription on August 25, 2023 and closes on September 05, 2023. The Entry load is nil for the scheme. An Exit Load of 1% is payable - if Units are redeemed / switched-out within 1 year from the date of allotment and nil- if units are redeemed / switched-out after 1 year from the date of allotment. The minimum subscription amount i...
HDFC MF introduces Technology Fund
HDFC MF introduces Technology Fund
Source: Accord Fintech
25/08/2023 1:59:30 PM
Canara Robeco AMC declares dividend Canara Robeco Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of the Scheme(s) of Canara Robeco Mutual Fund (CRAMC).   Canara Robeco Mutual Fund informed that at the Board of Trustees of Canara Robeco Mutual Fund has declared dividend/IDCW in the following schemes- Canara Robeco Infrastructure, Canara Robeco Short Duration Fund, Canara Robeco Conservative Hybrid Fun, and...
Canara Robeco AMC declares dividend
Canara Robeco AMC declares dividend
Source: Accord Fintech
24/08/2023 3:59:55 PM
Quantum Mutual Fund files offer document for Multi Asset Allocation Fund Quantum Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Quantum Multi Asset Allocation Fund‘. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load for Exits 1.00% if redeemed or switch out on or before    90    days    from    the    date    of allotment of units; NIL- if redeemed or switch out after 90 days from the date of allotment of units. The scheme of...
Quantum Mutual Fund files offer document for Multi Asset Allocation Fund
Quantum Mutual Fund files offer document for Multi Asset Allocation Fund
Source: Accord Fintech
24/08/2023 3:57:48 PM
Debt Market Observer for Aug 2023 by Pankaj Pathak, Fund Manager- Fixed Income, Quantum Mutual Fund Looking Through the Noise In the bond market, the sentiment pendulum has swung from one extreme to another over the last two months. Relentless rise in the US treasury yields and surprise jump in domestic inflation have rattled the investor sentiment in the Indian bond markets pushing bond yields higher and prices lower.  The 10-year Indian government bond (Gsec) yield which had fallen to lows of 6.95% in May, has jumped to the peak of 7.26%, before pulling back to the current leve...
Debt Market Observer for Aug 2023 by Pankaj Pathak, Fund Manager- Fixed Income, Quantum Mutual Fund
Debt Market Observer for Aug 2023 by Pankaj Pathak, Fund Manager- Fixed Income, Quantum Mutual Fund
Source: PR Agency
24/08/2023 3:51:04 PM
HDFC MF announces IDCW record date under Balanced Advantage 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 Balanced Advantage Fund, (the Scheme) and fixed on Friday, August 25, 2023 (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 will be Rs 0.230 under Regular Plan - IDCW Option (Payout...
HDFC MF announces IDCW record date under Balanced Advantage Fund
HDFC MF announces IDCW record date under Balanced Advantage Fund
Source: Accord Fintech
23/08/2023 3:37:43 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 fixed on Thursday, August 24, 2023 (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 will b...
HDFC MF announces IDCW record date under Arbitrage Fund
HDFC MF announces IDCW record date under Arbitrage Fund
Source: Accord Fintech
23/08/2023 3:35:08 PM
ICICI Pru MF declares IDCW under 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 Bond Fund (the scheme). The record date for the same is August 24, 2023 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 0.0969 under Quarterly IDCW and Rs 0....
ICICI Pru MF declares IDCW under Bond Fund
ICICI Pru MF declares IDCW under Bond Fund
Source: Accord Fintech
22/08/2023 3:33:42 PM
Baroda BNP Paribas AMC announces change in key personnel Baroda BNP Paribas Asset Management Company (AMC) has announced addendum to the Statement of Additional Information (SAI) of Baroda BNP Paribas Mutual Fund. Baroda BNP Paribas Mutual Fund has informed that Jay Sheth has been appointed as Senior Credit Analyst & Fund Manager and designated as key personnel of AMC with effect from Thursday, August 17, 2023. Brief profile of Jay Sheth is as follows: Jay Sheth is 41 years old and his qualification is BE in Electronic s & Telecom and...
Baroda BNP Paribas AMC announces change in key personnel
Baroda BNP Paribas AMC announces change in key personnel
Source: Accord Fintech
22/08/2023 3:31:55 PM
HDFC Mutual Fund launches HDFC NIFTY 1D Rate Liquid ETF HDFC Asset Management Co. Ltd (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC NIFTY 1D Rate Liquid ETF (“the Scheme”). The investment objective of the scheme is to invest in Tri-Party Repos in Government Securities or Treasury Bills (TREPS). The Scheme aims to provide investment returns that, before expenses, correspond to the returns of the NIFTY 1D Rate Index. The captioned N...
HDFC Mutual Fund launches HDFC NIFTY 1D Rate Liquid ETF
HDFC Mutual Fund launches HDFC NIFTY 1D Rate Liquid ETF
Source: PR Agency
21/08/2023 2:55:37 PM
Navi MF introduces S&P BSE Sensex Index Fund Navi Mutual Fund (MF) has launched Navi S&P BSE Sensex Index Fund, an open-ended scheme replicating/ tracking S&P BSE SENSEX Index. The NFO opens for subscription on August 21, 2023 and closes on September 01, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 10 plus in multiples of Re 1 during the NFO. The performance of the Scheme will be benchmarked with S&P BSE SENSEX Index (Total Returns Index) and its fund managers ...
Navi MF introduces S&P BSE Sensex Index Fund
Navi MF introduces S&P BSE Sensex Index Fund
Source: Accord Fintech
21/08/2023 2:27:40 PM
Canara Robeco AMC informs change in exit load Canara Robeco Mutual Fund (MF) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Canara Robeco Mutual Fund (CRMF).  Canara Robeco Mutual Fund (CRMF) has announced that exit load of Canara Robeco Corporate Bond Fund has been revised to ‘Nil’ from existing exit load of ‘If redeemed/switched-out within 90 Days from the date of allotment: 0.50%. If redeemed/switched-out af...
Canara Robeco AMC informs change in exit load
Canara Robeco AMC informs change in exit load
Source: Accord Fintech
21/08/2023 2:22:44 PM
Shriram AMC Launches Shriram Multi Asset Allocation Fund   Shriram Asset Management Company, part of the Shriram Group, will launch the Shriram Multi Asset Allocation Fund on August 18th 2023. This new fund aims to offer long term inflation-adjusted wealth creation through exposure to multiple assets such as equity, debt, and gold/silver ETFs. The New Fund Offer (NFO) will close on September 1st 2023.  Fund Allocation:  Between 65% to 80% of the fund’s corpus will be invested in equity, which includes&nb...
Shriram AMC Launches Shriram Multi Asset Allocation Fund
Shriram AMC Launches Shriram Multi Asset Allocation Fund
Source: PR Agency
18/08/2023 4:06:07 PM
Bandhan MF introduces Nifty IT Index Fund Bandhan Mutual Fund (MF) has launched Bandhan Nifty IT Index Fund, an open-ended scheme tracking Nifty IT Index. The NFO opens for subscription on August 18, 2023 and closes on August 28, 2023. The Entry load and Exit load is 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 IT TRI and its fund manager is Nemish Sheth. The investment objective of the Scheme is to replicate the ...
Bandhan MF introduces Nifty IT Index Fund
Bandhan MF introduces Nifty IT Index Fund
Source: Accord Fintech
18/08/2023 2:19:12 PM
HDFC MF introduces Nifty 1D Rate Liquid ETF HDFC Mutual Fund (MF) has launched HDFC Nifty 1D Rate Liquid ETF, an open-ended Exchange Traded Fund replicating/tracking NIFTY 1D Rate Index with Relatively Low Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on August 18, 2023 and closes on August 23, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter. The performance of the Scheme will be benchmarked with NIFTY 1D Rate...
HDFC MF introduces Nifty 1D Rate Liquid ETF
HDFC MF introduces Nifty 1D Rate Liquid ETF
Source: Accord Fintech
18/08/2023 2:07:09 PM
Shriram MF introduces Multi Asset Allocation Fund Shriram Mutual Fund (MF) has launched Shriram Multi Asset Allocation Fund, an open-ended scheme investing in Equity, Debt & Money Market Securities and Gold/Silver ETFs and related instruments. The NFO opens for subscription on August 18, 2023 and closes on September 01, 2023. The Entry load is not applicable for the scheme. The Exit load: 1% of the applicable NAV, if redeemed/switched-out within 1 year from the date of allotment. The minimum subscription amount is Rs 5000 and in multiple...
Shriram MF introduces Multi Asset Allocation Fund
Shriram MF introduces Multi Asset Allocation Fund
Source: Accord Fintech
18/08/2023 10:39:59 AM
Baroda BNP Paribas AMC introduces Payout sub-option in weekly IDCW of Liquid Fund & Ultra Short Duration Fund Baroda BNP Paribas Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Baroda BNP Paribas Liquid Fund and Baroda BNP Paribas Ultra Short Fund. Baroda BNP Paribas Mutual Fund has informed that the Board has approved introduction of Payout sub-option under weekly Income Distribution cum Withdrawal Option (IDCW) of Baroda BNP Paribas Liquid and Baroda BNP Paribas Ultra Short Duration Fund. The same shall come i...
Baroda BNP Paribas AMC introduces Payout sub-option in weekly IDCW of Liquid Fund & Ultra Short Duration Fund
Baroda BNP Paribas AMC introduces Payout sub-option in weekly IDCW of Liquid Fund & Ultra Short Duration Fund
Source: Accord Fintech
17/08/2023 3:29:47 PM
SBI AMC announces change in OPA at Faridabad 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 that its Official Point of Acceptance of Faridabad at ’ B-49, First floor, Nehru Ground, Behind Anupam Sweet House NIT, Faridabad -121001. Email id-camsfdb@camsonline.com, phone number-0129-3241148’, has been shifted to new premises at ‘LG3...
SBI AMC announces change in OPA at Faridabad
SBI AMC announces change in OPA at Faridabad
Source: Accord Fintech
17/08/2023 12:22:21 PM
PGIM India MF announces IDCW under Hybrid Equity Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Hybrid Equity Fund (scheme) of PGIM India MF with August 18, 2023 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.1600 under Regular Plan - Monthly IDCW Option and Rs 0.1730 under Direct Plan - Monthly IDCW Option.  
PGIM India MF announces IDCW under Hybrid Equity Fund
PGIM India MF announces IDCW under Hybrid Equity Fund
Source: Accord Fintech
16/08/2023 3:36:32 PM
Union MF introduces Innovation & Opportunities Fund Union Mutual Fund (MF) has launched Union Innovation & Opportunities Fund, an open-ended equity scheme following innovation theme. The NFO opens for subscription on August 16, 2023 and closes on August 30, 2023. The Entry load is nil for the scheme. The Exit load of 1%, if units are redeemed/switched out on or before completion of 1 year from the date of allotment and nil, if redeemed or switched out after completion of 1 year from the date of allotment of units. The minimum subscription ...
Union MF introduces Innovation & Opportunities Fund
Union MF introduces Innovation & Opportunities Fund
Source: Accord Fintech
16/08/2023 3:34:15 PM
Credit-Deposit Ratio Falls Marginally, HDFC Merger Pushes Credit Growth By CareEdge Ratings Synopsis • Credit offtake continued to show robust growth, increasing by 19.7% year on year (y-o-y) to reach Rs. 148.0 lakh crore for the fortnight ending July 28, 2023. This surge continues to be primarily driven by the impact of HDFC’s merger with HDFC Bank, as well as growth in personal loans and NBFCs. Meanwhile, if merger impact is excluded, credit grew at a lower rate of 14.7% y-o-y for the same fortnight. • Deposits too witnessed healthy growth, increasing by 12.9...
Credit-Deposit Ratio Falls Marginally, HDFC Merger Pushes Credit Growth By CareEdge Ratings
Credit-Deposit Ratio Falls Marginally, HDFC Merger Pushes Credit Growth By CareEdge Ratings
Source: CareEdge Ratings
15/08/2023 9:47:47 AM
Baroda BNP Paribas AMC informs about change in special facilities Baroda BNP Paribas Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Schemes of Baroda BNP Paribas Mutual Fund except Baroda BNP Paribas ELSS Fund. Baroda BNP Paribas Mutual Fund has informed that the AMC has decided to change some special facilities under the heading Systematic Investment Plan (SIP) and Top Up facility of the schemes of Baroda BNP Paribas Mutual Fund, except Baroda BNP Paribas ELSS Fund a...
Baroda BNP Paribas AMC informs about change in special facilities
Baroda BNP Paribas AMC informs about change in special facilities
Source: Accord Fintech
14/08/2023 2:57:56 PM
Tata AMC announces change in fund management Tata Asset Management Company (AMC) has announced 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 Asset Management Company has informed that Fund Manager of Tata Equity Savings Fund and Tata Multi Asset Opportunities Fund - Aurobindo Prasad Gayan is decided by the board to share fund management responsibility with Tapan Patel, with effective from 11th...
Tata AMC announces change in fund management
Tata AMC announces change in fund management
Source: Accord Fintech
11/08/2023 12:41:50 PM
Aditya Birla SL AMC announces change in address of existing OPAT in Gujarat Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of Schemes of Aditya Birla Sun Life Mutual Fund. Existing Official Point of Acceptance of Transactions (OPAT) of Aditya Birla Sun Life AMC located at 205-206, 2nd Floor, Aditya Complex, Kasak Circle, Bharuch-392 001, Gujarat is shifting to new premises with immediate effect. New Address: 205, 2nd Floor, Nexus Complex, Above Dhiraj & Sons, Zadeshwar Road, Bharuch 3...
Aditya Birla SL AMC announces change in address of existing OPAT in Gujarat
Aditya Birla SL AMC announces change in address of existing OPAT in Gujarat
Source: Accord Fintech
10/08/2023 2:48:59 PM
HSBC MF introduces Consumption Fund HSBC Mutual Fund (MF) has launched HSBC Consumption Fund, an open-ended equity scheme following consumption theme. The NFO opens for subscription on August 10, 2023 and closes on August 24, 2023. The Entry load is nil for the scheme. The Exit load is nil- if units redeemed or switched out are upto 10% of the units purchased or switched in within 1 year from the date of allotment, 1% exit load- if units redeemed or switched out are over and above the limit within 1 year from the date of allotm...
HSBC MF introduces Consumption Fund
HSBC MF introduces Consumption Fund
Source: Accord Fintech
10/08/2023 2:41:02 PM
BSE`s total revenues have grown by 37% to Rs. 271.2 crores for Q1 FY24 as compared to Rs. 197.7 crores in Q1 FY23 BSE Ltd. announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2023. Unaudited Consolidated Financial Results at a Glance:` Business Highlights - Primary Markets Fund raising by India continues to be buoyant and BSE platforms continue to remain as well as the preferred choice by Indian companies to raise capital. In Q1 FY 24, the BSE platform has enabled issuers to raise Rs. 4.39 lakh crores to issue of equity bonds, commercial papers, m...
BSE`s total revenues have grown by 37% to Rs. 271.2 crores for Q1 FY24 as compared to Rs. 197.7 crores in Q1 FY23
BSE`s total revenues have grown by 37% to Rs. 271.2 crores for Q1 FY24 as compared to Rs. 197.7 crores in Q1 FY23
Source: PR Agency
10/08/2023 12:22:51 PM
AMFI Data: Multicap and smallcap funds have emerged as the top performers Says Kislay Upadhyay,FidelFolio Investments Perspective On AMFI Data Kislay Upadhyay, smallcase manager and Founder of FidelFolio Investments Investor Optimism Across Diverse Categories: Positive outlook of Indian economy by rating agencies due to inflation containment and stable interest rates in recent times has enhanced the confidence of investors, who seemed a bit reluctant earlier. Despite the outflow of FPI in July, sustainability of the stock market also indicates the strength of domestic investors and their maturit...
AMFI Data: Multicap and smallcap funds have emerged as the top performers Says Kislay Upadhyay,FidelFolio Investments
AMFI Data: Multicap and smallcap funds have emerged as the top performers Says Kislay Upadhyay,FidelFolio Investments
Source: PR Agency
10/08/2023 11:30:50 AM
India equity mutual fund inflows drop in July as large-caps drag -industry data Inflows into Indian equity mutual funds rose for the 29th month in a row, but the inflows remain volatile as investors preferred small- and mid-cap funds due to stretched valuations in large-caps, data from the Association of Mutual Funds in India (AMFI) showed on Wednesday. The data showed that inflows fell 11.71% sequentially to 76.26 billion rupees ($921 million) in July. They had more than doubled in June but fallen to a six-month low in May. While the benchmark Nifty 50 rose 2.94% ...
India equity mutual fund inflows drop in July as large-caps drag -industry data
India equity mutual fund inflows drop in July as large-caps drag -industry data
Source: Reuters
9/08/2023 4:23:43 PM
Nippon India MF introduces Innovation Fund Nippon India Mutual Fund (MF) has launched Nippon India Innovation Fund, an open-ended equity scheme investing in innovation theme. The NFO opens for subscription on August 09, 2023 and closes on August 23, 2023. The Entry load is nil for the scheme. The Exit load of 1%, if redeemed or switched out on or before completion of 1 year from the date of allotment of units and nil, if redeemed or switched out after completion of 1 year from the date of allotment of units. The minimum subscription a...
Nippon India MF introduces Innovation Fund
Nippon India MF introduces Innovation Fund
Source: Accord Fintech
9/08/2023 2:27:55 PM
Aditya Birla Sun Life AMC changes risk-o-meter of Medium Term Plan Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Aditya Birla Sun Life Mutual Fund. In terms with Para 17.4.1.h of SEBI Master Circular on Mutual Funds dated May 19, 2023, the Risk-o-meter of 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 an...
Aditya Birla Sun Life AMC changes risk-o-meter of Medium Term Plan
Aditya Birla Sun Life AMC changes risk-o-meter of Medium Term Plan
Source: Accord Fintech
8/08/2023 2:27:09 PM
Motilal Oswal AMC Unveils Results of Investor`s Survey on Passive Funds in India  A study by Motilal Oswal Asset Management Company (MOAMC) reveals that passive funds have taken centre-stage in India over the last few years, gaining market share from 1.4% of AUM in 2015 to over 17% today. MOAMC offers the widest range of passive funds in India with more than 17,000 Crs in AUM across 30 Index Funds, ETFs, and FoFs. The survey conducted with more than 2,000 investors participating from across the country, shares insights on the usage and attitude of investors towards p...
Motilal Oswal AMC Unveils Results of Investor`s Survey on Passive Funds in India
Motilal Oswal AMC Unveils Results of Investor`s Survey on Passive Funds in India
Source: PR Agency
8/08/2023 2:15:12 PM
Aditya Birla Sun Life AMC changes risk-o-meter of Aditya Birla SL Nifty SDL Apr 2027 Index Fund Aditya Birla Sun Life AMC has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Aditya Birla Sun Life Mutual Fund. In terms with Para 17.4.1.h of SEBI Master Circular on Mutual Funds dated May 19, 2023, the Risk-o-meter of Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund (An open-ended Target Maturity Index Fund tracking the Nifty SDL Apr 2027 Index. A relatively high interest rate risk and relatively low credit risk) has been re...
Aditya Birla Sun Life AMC changes risk-o-meter of Aditya Birla SL Nifty SDL Apr 2027 Index Fund
Aditya Birla Sun Life AMC changes risk-o-meter of Aditya Birla SL Nifty SDL Apr 2027 Index Fund
Source: Accord Fintech
8/08/2023 2:10:08 PM