Following the positive sentiment from Maharashtra’s state election results, the Nifty50 index hit a high of 24,351.55 on Monday. However, the optimism proved short-lived as Tuesday’s session opened with the index forming an open=high candle, indicating resistance at the upper levels. The day’s opening price equalled the high, and subsequently, the index shed over 160 …
Union Mutual Fund has filed the scheme information deed (SID) to launch the Union Short Duration Fund. It is an open-ended short-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 Year to 3 Years. Investment Objective Union Short Duration Fund is an actively managed Scheme with an …
Introduction The Union Gold Fund of Funds is an open-ended investment scheme that focuses on investing in units of Gold Exchange Traded Funds (ETFs). This fund offers investors a convenient way to gain exposure to gold, a valuable asset known for its long-term stability and potential as a hedge against inflation. By investing in Gold …
The DSP Business Cycle Fund offers an attractive chance for individuals wishing to align their investments with broader economic trends. Nonetheless, prospective investors ought to evaluate their risk appetite and seek guidance from financial advisors prior to making any commitments. This equity thematic fund aims to achieve long-term capital growth by actively adjusting its investments …
Tata Asset Management has unveiled the Tata BSE Select Business Group Index Fund, an open-ended mutual fund that tracks the BSE Select Business Groups Index. This fund offers investors a strategic opportunity to invest in companies from seven of India’s largest conglomerates, spanning 19 diverse industries and aligning with the nation’s economic growth. About the …
As Indian interest rates hover near their peak, Franklin Templeton Mutual Fund and Mirae Asset Mutual Fund have introduced new Long Duration Debt Funds. These offerings come at a time when investors are keenly watching for opportunities to capitalise on high yields and potential rate cuts. Understanding Long Duration Funds What Are Long Duration Funds? …
Invesco Mutual Fund has announced the launch of the Invesco India Multi Asset Allocation Fund, an open-ended scheme designed to diversify investments across equity, debt, and gold or silver ETFs. Targeted at investors aiming for long-term capital appreciation or income, this fund offers a balanced portfolio with exposure to multiple asset classes. The New Fund …
The Indian mutual fund landscape has undergone significant transformation over the past decade, offering investors a wide array of options to diversify their portfolios. One investment avenue that has gained considerable attention in recent years is thematic mutual funds. These funds allow investors to focus on specific sectors or themes, such as technology, healthcare, or …
This fund aims to replicate the CRISIL-IBX AAA Financial Services Index, which serves as a benchmark for tracking AAA-rated bonds in the financial services sector. With a fixed maturity date set for January 2028, it allows investors to have a clear timeline for their investment. The ICICI Prudential CRISIL-IBX AAA Financial Services Index—January 2028 Fund …
The suggested ICICI Prudential CRISIL-IBX AAA Financial Services Index—Dec 2026 Fund is a target maturity index fund that aims to follow the performance of the CRISIL-IBX AAA Financial Services Index. Its objective is to provide consistent returns by investing in AAA-rated bonds from financial institutions. This fund is set to mature in December 2026, making …
