Key Highlights Comprehensive market coverage: As of January 20, 2025, the Nifty Total Market Index captures approximately 93% of India’s total market capitalisation*, ensuring broad diversification across market segments. (*As per NSE Indices Ltd.) India’s first ETF: Be a part of history with India’s first ETF tracking the Nifty Total Market Index. No entry/exit loads: Invest and …
Nippon India Mutual Fund has announced the launch of its latest New Fund Offer (NFO)—Nippon India Active Momentum Fund. This open-ended equity scheme is designed to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments, primarily focusing on momentum investing. The fund will be available for subscription between 10 …
Invesco Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its schemes. The record date for this payout is set for February 7, 2025. Investors holding units in the eligible schemes as of this date will qualify for the distribution. Distribution Details Across Schemes The income …
Investing consistently over time is a key principle in wealth creation. While a larger monthly investment seems like the obvious choice for accumulating wealth, the duration of investment plays a significant role in determining the final corpus. The question is: which strategy builds more wealth—a ₹5,000 monthly SIP for 30 years or a ₹15,000 monthly …
Mahindra Manulife Mutual Fund has launched the Mahindra Manulife Value Fund, an open-ended equity scheme that follows a value investing strategy. The fund aims to invest in undervalued but fundamentally good companies with the potential for re-rating and earnings growth. NFO Details The New Fund Offer (NFO) for the Mahindra Manulife Value Fund will open …
Bajaj Allianz Life Insurance has introduced the Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund, an index-based fund available under its Unit Linked Insurance Plans (ULIPs). The New Fund Offer (NFO) is open until February 14, 2025. Benchmark and Stock Selection Criteria The fund tracks the Nifty 500 Multicap Momentum Quality 50 …
Kotak Mahindra Mutual Fund has filed a draft for the Kotak CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund. This is an open-ended index fund that aims to track the CRISIL-IBX Financial Services 3 to 6 Months Debt Index. It falls under the category of constant maturity index funds, offering exposure to short-term …
Quant Mutual Fund has undertaken a significant restructuring of its fund management team following the resignation of Vasav Sahgal, who served as Fund Manager – Equity and Director of Quant Money Managers. His resignation, effective January 31, 2025, has led to a broad-based reallocation of fund management responsibilities across all 27 schemes. To ensure a …
International mutual funds invest in global equities and fixed-income securities, allowing investors to diversify beyond domestic markets. They help mitigate country-specific risks and provide exposure to global economic growth. With the rupee depreciating over time, investing in international funds can also provide a hedge against currency risk. Moreover, they allow investors to capitalise on opportunities …
Building wealth through Systematic Investment Plans (SIPs) is a disciplined approach that offers the power of compounding over time. But how long does it take to accumulate over ₹1.5 crore corpus with different monthly investments? We break it down into three scenarios—investing ₹5,000, ₹7,500, and ₹10,000 per month—assuming an estimated annual return of around 12%. …
