Mutual Funds - Angel One

Mirae Asset Investment Managers (India) Pvt. Ltd. has announced the launch of the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund. This new open-ended fund of fund scheme will invest in units of the Mirae Asset Nifty200 Alpha 30 ETF. New Fund Offer Details The New Fund Offer (NFO) for this scheme opens on …

Record-Breaking Collection Motilal Oswal Nifty India Defence Index Fund, the first domestic passive fund focused on the defense sector, has achieved a record collection of Rs 1,676 crore during its New Fund Offer (NFO) period. This impressive collection marks the highest ever for an equity index fund during its NFO period, the asset management company …

The technology sector has been a driving force behind the stock market’s growth for years, and for investors seeking a diversified approach to capturing this potential, Information Technology (IT) ETFs offer a compelling option. This article explores the top 5 IT ETFs that have completed a full 3-year period, delving into their performance. Whether you …

On July 1, 2024, Computer Age Management Services Ltd, India’s largest registrar and transfer agent for mutual funds regulated by SEBI, announced a partnership with Google Cloud to revolutionise financial services. Computer Age Management Services Ltd has been a cornerstone of India’s asset management industry for nearly 30 years, facilitating growth, compliance, and investor services. …

Kotak Mutual Fund has lifted the restriction on investments in its small-cap fund after a four-month hiatus, citing growth in earnings within this sector. Stability After Elections “Starting July 2, we will resume accepting subscriptions for units in the Kotak Small Cap Fund. The political uncertainties around India’s elections are now behind us, reducing market …

ICICI Prudential Mutual Fund launched a new open-ended thematic equity scheme named ICICI Prudential Energy Opportunities Fund. The scheme aims for long-term capital appreciation by investing in companies engaged in traditional and new energy sectors, including exploration, production, distribution, transportation, and processing activities. The investment in oil & gas, utilities, and power sectors are also …

Investor Worries and SEBI Investigation Following allegations of front-running, the Securities and Exchange Board of India (SEBI) has launched a probe into Quant Mutual Fund. This has raised concerns among investors about the safety of their investments in various Quant MF schemes. Stress Test Results: Liquidity of Small-Cap Portfolio Quant Mutual Fund released the stress …

Bajaj Allianz Life, one of India’s leading private life insurers, has introduced the Bajaj Allianz Life Nifty Alpha 50 Index Fund. This new fund is available to customers who currently have or will purchase ULIP products. The fund offers a unique opportunity for investors to capitalize on the growth potential of high-alpha stocks, diversify their …

Shriram Mutual Fund launched the Shriram Nifty 1D Rate Liquid ETF on July 1st, 2024. This open-ended Exchange Traded Fund aims to track the NIFTY 1D Rate Index, which invests in Tri-Party Repo on Government securities or treasury bills (TREPS). The investment objective is to provide returns that mirror the index, before expenses, but there …

The Securities and Exchange Board of India (SEBI) has proposed a mandate for the disclosure of Risk-Adjusted Returns (RAR) for all mutual fund schemes. This consultation paper aims to gather feedback from stakeholders on the potential benefits and challenges associated with this mandate. Importance of Return on Investment Currently, the return on investment is a …