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In a significant milestone for India's financial services sector, Appreciate carried out the first low ticket (Rs. 100) mutual fund transaction on the Open Network for Digital Commerce (ONDC) Network. Appreciate is one of the first buyer apps to go live on ONDC Network offering mutual fund (MF) investments via Appreciate integrated investment platform. The launch forms part of Appreciate and ONDC Network's broader strategy to democratize access to...
Appreciate Becomes the First Company to Enable Mutual Fund Investments on ONDC Network
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
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
Nippon India Mutual Fund has filed offer document with SEBI to launch an open-ended scheme traded fund named ‘Nippon India Nifty Realty Index Fund ‘. The offer price is Rs 10 each. Entry load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and minimum target subscription amount for the Scheme to be raised is Rs 5 crore. The performance of the scheme will be benchmarked against Nifty Realty TRI. The ...
Nippon India Mutual Fund files offers document for Nifty Realty Index Fund
Nippon Life India Asset Management Limited (NAM India), the asset manager of Nippon India Mutual Fund (NIMF), proudly announces the unveiling of its groundbreaking sonic identity – a powerful soundscape symbolizing Financial Freedom NIMF is the first asset management company (AMC) in India to launch its own brand sound. This innovative initiative underscores the company's commitment to innovation and fostering deeper connections with investors. Inspired by the trust of NIMF&rs...
Nippon India Mutual Fund Launches Industry First Sonic Identity: The Sound of Freedom
Nippon India Mutual Fund (MF) has launched Nippon India Fixed Maturity Plan (FMP) - XLVI - Series 3, a Close Ended Scheme with Relatively Low interest rate risk and Relatively High Credit Risk. The NFO opens for subscription on February 29, 2024 and closes on March 05, 2024. The Entry load and Exit load is not applicable 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 against CRISIL Short Ter...
Nippon India Mutual Fund introduces FMP- XLVI Series 3
India's market regulator has asked the country's asset managers to give investors more information about the risks associated with their small and mid-cap funds, according to a fund manager and two people with knowledge of the matter. Small and mid-sized funds have seen high inflows, causing concern among authorities about how they would hold up in the event of a sharp market selloff. The Securities & Exchange Board of India (SEBI) has also been reviewing stress tests conducted...
India regulator asks small, mid-cap funds to disclose more about risks
Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF), announces the appointment of Mr. Kaiyomurz Daver as their New Chief Marketing Officer. Mr. Daver brings with him a rich experience of over 25 in building and leading high-performance marketing, digital, and corporate communication teams to align with business objectives and drive growth. He will be responsible for building and executing the firm’s marketing...
Nippon India Mutual Fund Announces Appointment of New Chief Marketing Officer - Kaiyomurz Daver
Nippon India Mutual Fund (MF) has launched Nippon India Nifty IT Index Fund, an open-ended scheme replicating/tracking Nifty IT Index. The NFO opens for subscription on February 5, 2024 and closes on February 16, 2024. The Entry Load is not applicable and exit load will be 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 against Nifty IT TRI and its fund manager is Himanshu Mange...
Nippon India MF introduces Nifty IT Index Fund
Gold & Silver ETFs & Savings Funds 1. Investor and trader sentiment have turned bullish on Gold and Silver for 2024. However, a broad consensus can sometimes lead to underperformance in the near term. There may be a risk of a near term volatility in both Silver and Gold, albeit a good buying opportunity for the medium to long-term. 2. The trigger for volatility may come from an over-sold dollar or an upside surprise on inflation or an extended bout of risk-on phase in equity mar...
Investment Opportunity - Gold & Silver Outlook by Nippon India Mutual Fund
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