The Association of Mutual Funds in India (AMFI) has submitted a 15-point proposal ahead of the Union Budget 2025-26. These proposals seek reforms to taxation policies that aim to bolster mutual fund investments and improve investor confidence. The suggestions focus on restoring indexation benefits, aligning pension schemes with NPS, and introducing debt-linked savings plans. Restoring …
The DSP BSE SENSEX Next 30 Index Fund is set to launch its New Fund Offer (NFO) on January 10, 2025, closing on January 24, 2025. This open-ended scheme aims to generate returns that closely track the performance of the BSE SENSEX Next 30 Index, subject to tracking error. The fund falls under the Equity …
Bandhan Mutual Fund has announced the launch of its new open-ended equity scheme, designed to replicate the Nifty Alpha Low Volatility 30 Index. The scheme aims to provide returns that align closely with the index’s total return before expenses, with minimal tracking errors. This fund offers investors an opportunity to access a diversified portfolio emphasising …
WhiteOak Capital Mutual Fund has launched the WhiteOak Capital Quality Equity Fund, a new open-ended equity scheme. The fund is designed to provide long-term capital appreciation by focusing on investments in companies with strong fundamentals. It adheres to the Quality Factor theme, balancing its portfolio with equity, debt, and other instruments to align with its …
The HSBC Mutual Fund has drafted its Financial Services Fund with SEBI, showcasing its potential to cater to investors focused on India’s thriving financial services sector. Designed as an open-ended equity scheme, the fund aims to offer long-term capital appreciation while maintaining flexibility and transparency in its offerings. Investment Focus and Fund Structure The primary …
DSP Mutual Fund has announced the launch of its latest offering, the DSP BSE Sensex Next 30 ETF. This is an open-ended exchange-traded fund (ETF) designed to replicate or track the performance of the BSE SENSEX Next 30 Index. Category and Key Features of the Scheme Category: Exchange Traded Fund (ETF). Benchmark: BSE SENSEX Next …
ICICI Prudential Mutual Fund has unveiled its latest offering—the ICICI Prudential Rural Opportunities Fund, an open-ended equity scheme focused on tapping growth opportunities in rural and allied sectors. This New Fund Offer (NFO) opens on January 9, 2025, and closes on January 23, 2025. Why Focus on Rural Development? Rural India contributes a significant portion …
Kotak Mahindra Mutual Fund has launched the Kotak Nifty Smallcap 250 Index Fund. The fund is designed to track and replicate the performance of the Nifty Smallcap 250 Index. It will be open for public subscription from January 6, 2025, to January 20, 2025. About the Nifty Smallcap 250 Index The Nifty Smallcap 250 Index …
In January 2025, the Nifty 50 Index fund continues to serve as a key indicator of the Indian stock market, representing 50 prominent companies from various sectors. According to the AMFI data, as of November 2024, the total Assets Under Management (AUM) for Index Funds reached ₹2,73,175 crore, up from ₹2,23,054.50 crore in April 2024, reflecting a …
HDFC Mutual Fund has launched the HDFC CRISIL-IBX AAA Bond Financial Services Index Sep 2027 Fund, a target maturity fund offering investors exposure to AAA-rated bonds. This scheme tracks the CRISIL-IBX AAA Financial Services Index, ensuring moderate interest rate risk and low credit risk while providing growth-oriented investment options. Key Features of the Fund Index-Based …
