The Edelweiss CRISIL-IBX AAA Bond NBFC-HFC – Jun 2027 Index Fund is an open-ended debt index fund. It invests primarily in AAA-rated bonds issued by Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs), all maturing by June 2027. The fund comes with moderate interest rate risk and relatively low credit risk. Investment Details The …
ICICI Prudential Mutual Fund has announced a name change for its “ICICI Prudential BSE Liquid Rate ETF.” Effective January 27, 2025, the fund will be renamed ICICI Prudential BSE Liquid Rate ETF – IDCW (Income Distribution cum Capital Withdrawal). The change shows the fund’s income distribution option, aligning it with regulatory naming conventions. Fund Details …
Franklin Templeton Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for select schemes. The record date for this distribution has been set as January 24, 2025. Investors holding units of these schemes on the record date will be eligible for the payout. Summary of Distributions Here is a …
Navi Mutual Fund has announced an increase in the minimum application amount for 13 of its schemes, effective February 4, 2025. The minimum investment limit has been raised from ₹10 to ₹100 per application. This change will apply to fresh purchases, additional investments, systematic transactions like SIPs and STPs, and switches. Schemes Impacted by the …
The Indian mutual fund industry has witnessed remarkable growth, with passive funds emerging as a dominant force. Nippon India Mutual Fund has achieved a significant milestone, commanding an Assets Under Management (AUM) of ₹1.65 lakh crore in passive funds alongside a robust 1.45 crore folios. This reflects not just Nippon’s leadership but also the broader …
Aditya Birla Sun Life Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for several schemes. The record date for determining eligibility is January 24, 2025. Here’s a breakdown of the payouts for each scheme: Arbitrage Funds For investors in the Aditya Birla SL Arbitrage Fund, the declared distribution …
The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing a ₹250 Small Ticket Systematic Investment Plan (SIP). Public feedback on the proposal is invited until February 6, 2025. The initiative is intended to promote financial inclusion and simplify mutual fund access for small investors. Proposal Details SEBI has proposed that …
Bandhan Mutual Fund (formerly IDFC Mutual Fund) has filed the draft scheme information deed (SID) with the capital market regulator for Bandhan Nifty Next 50 Index Fund. Bandhan AMC Limited (formerly IDFC Asset Management Company Limited) intends to launch Bandhan Nifty Next 50 Index Fund, which is an open‐ended scheme tracking Nifty Next 50 Index. Objective …
HDFC Mutual Fund is making changes to its HDFC Nifty 1D Rate Liquid ETF, with the Income Distribution cum Capital Withdrawal (IDCW) option being converted into a Growth option. From February 28, 2025, the IDCW option will no longer exist, and the scheme will be renamed HDFC Nifty 1D Rate Liquid ETF – Growth. Redemption …
ICICI Prudential Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its equity-thematic schemes. The record date for the distribution is set as January 23, 2025. Income Distribution Details Under the ICICI Prudential Housing Opportunities Fund, an income distribution of ₹1.3 per unit has been announced. …
