Unifi Mutual Fund is launching the Unifi Dynamic Asset Allocation Fund, an open-ended scheme under the hybrid category. The fund will be available for subscription from March 3, 2025, to March 7, 2025. The minimum investment amount is ₹5,000, and there is no lock-in period. The exit load is 1.5% for redemptions beyond 20% of …
Kotak Mahindra Mutual Fund has introduced the Kotak Nifty Midcap 150 Index Fund, an open-ended index fund that will track the Nifty Midcap 150 Index. This fund aims to replicate the performance of midcap stocks ranked 101-250 based on market capitalization. Fund Details The New Fund Offer (NFO) details are as follows: Fund Name: Kotak …
Kotak Mahindra Mutual Fund has launched the Kotak Nifty Midcap 150 ETF, an open-ended Exchange-Traded Fund (ETF) tracking the Nifty Midcap 150 Index. The scheme aims to replicate the index’s composition and generate similar returns, subject to tracking errors. NFO Details Fund House: Kotak Mahindra Mutual Fund Issue Dates: March 3, 2025 – March 17, …
360 ONE Mutual Fund has announced an extension of the New Fund Offer (NFO) period for its 360 ONE Gold ETF, giving investors additional time to subscribe. Initially set to close on February 28, 2025, the NFO will now remain open until March 4, 2025. This is expected to provide investors with a longer window …
ICICI Prudential Mutual Fund has declared an income distribution of ₹0.16 per unit under the IDCW (Income Distribution cum Capital Withdrawal) option for both regular and direct plans of its ICICI Prudential Multi Asset Fund. The record date for this distribution is March 4, 2025. Fund Overview The ICICI Prudential Multi Asset Fund is an …
New Fund Offers (NFOs) enable mutual fund companies to introduce new investment schemes across equity, debt, and sector-focused categories. In March 2025, only 1 NFO will be available in the market. This article highlights the upcoming NFO for the month. Fund Name Initial Investment (₹) NFO Start Date NFO End Date Samco Large Cap Fund …
The Securities and Exchange Board of India (SEBI) has issued new guidelines requiring Asset Management Companies (AMCs) to deploy funds raised in New Fund Offers (NFOs) within 30 business days from the date of unit allotment. These rules, effective April 1, 2025, aim to ensure that funds collected during an NFO are used as per …
ICICI Prudential Mutual Fund has announced an income distribution of ₹0.05 per unit under both the regular and direct IDCW options of the ICICI Prudential Equity Arbitrage Fund. The record date is March 3, 2025, meaning investors holding units on this date will receive the payout. Fund Basics The ICICI Prudential Equity Arbitrage Fund was …
Explore Mehul Dama’s impressive 19+ year journey in ETFs and passive funds, backed by a strong academic foundation in finance. As the Fund Manager, he is now leading the Angel One Nifty Total Market Index Fund to success! As a Chartered Accountant (CA), his expertise spans fund management, valuation, and investment strategies. Currently, he manages …
ETFs have become increasingly popular among Indian investors, with AUM exceeding ₹5 lakh crore as of 2024. Their rising adoption is fueled by high liquidity, transparency, and lower costs than actively managed mutual funds. Angel One Mutual Fund has introduced the Nifty Total Market ETF and Nifty Total Market Index Fund, both tracking the Nifty …
