Aditya Birla Sun Life Mutual Fund has declared the record date for Income Distribution cum Capital Withdrawal (IDCW) across several of its schemes. The record date for the distribution is December 20, 2024. Here are the details of the schemes and the distribution amounts for both the regular and direct plans. Schemes & IDCW Details …
SBI Mutual Fund has announced a major update to the exit load structure of its SBI Long Duration Fund, with the revised terms coming into effect on December 19, 2024. This update aims to provide a more straightforward and flexible redemption process for prospective investors in the scheme. What Has Changed? The revised structure eliminates …
According to the Association of Mutual Funds in India (AMFI), equity mutual fund inflows in November 2024 amounted to ₹35,927.3 crore, marking a decline of 14.1% from ₹41,865.4 crore in October. Inflows into large-cap funds witnessed a sharper drop of 26.3%, from ₹3,452.3 crore in October to ₹2,547.9 crore in November. The Indian Mutual Fund …
Edelweiss Mutual Fund has announced a name change for one of its debt index schemes. Effective December 19, 2024, the Edelweiss CRISIL IBX AAA Financial Services – Jan 2028 Index Fund will be renamed to Edelweiss CRISIL IBX AAA Financial Services Bond – Jan 2028 Index Fund. This change is nominal and does not impact …
360 ONE Mutual Fund (previously IIFL Mutual Fund) has announced the launch of the 360 ONE Silver ETF, filing its draft papers with SEBI. This open-ended exchange-traded fund (ETF) aims to mirror domestic silver prices, offering investors an opportunity to track the performance of the precious metal while leveraging the liquidity of stock exchanges. Key …
360 ONE Mutual Fund, formerly known as IIFL Mutual Fund, has filed a draft for the launch of its 360 ONE Gold ETF. This open-ended exchange-traded fund (ETF) aims to replicate the domestic prices of physical gold, providing investors with an avenue for long-term capital appreciation. Each unit in the New Fund Offer (NFO) will …
The cash holding of equity mutual fund (MF) schemes fell to 5.4% in November, marking the lowest level in four months. This drop comes as net inflows into equity schemes fell 14% month-on-month, signalling cautious investor sentiment. Recent Trends Cash levels had peaked at 6% in September but began declining in October amid a market …
WhiteOak Capital Mutual Fund has recently filed a draft for its proposed WhiteOak Capital Equity Savings Fund. This scheme falls under the hybrid-equity savings category, targeting a balanced mix of equity, arbitrage, and debt investments. Below is a breakdown of the fund’s objectives and structure. Investment Objective & Strategy The WhiteOak Capital Equity Savings Fund …
New Fund Offers (NFOs) allow mutual fund houses to introduce new schemes, catering to a range of investment goals, from equity and debt to thematic or sector-specific opportunities. In the second half of December 2024, there are a few NFOs set to hit the market. With year-end financial planning underway, these upcoming NFOs could align …
Trust Mutual Fund has submitted the draft Scheme Information Document (SID) for the TRUSTMF Gilt Fund, an open-ended debt scheme that invests primarily in government securities of varying maturities. Investment Objective The objective of the TRUSTMF Gilt Fund is to generate credit risk-free returns by predominantly investing in government securities issued by the Central Government …
