Samco Mutual Fund has filed a draft with SEBI for the Samco Large Cap Fund, an open-ended equity scheme focusing primarily on large-cap stocks. Here’s a detailed overview of the fund’s objectives, strategies, and features based on the draft scheme document. Investment Objective The Samco Large Cap Fund aims to generate long-term capital appreciation through …
As per the latest data from the Association of Mutual Funds in India (AMFI), equity mutual fund inflows for December witnessed a decline of 14.18% on a month-on-month (MoM) basis. Despite this drop, specific categories within equity-oriented mutual funds—midcap and smallcap funds—showed robust growth during November. Midcap Mutual Funds Midcap mutual funds continued to attract …
Bandhan Mutual Fund, previously known as IDFC Mutual Fund, has filed a draft proposal for its Fixed Maturity Plan (FMP) Series 209-211. These are close-ended debt schemes designed to deliver fixed income over specified timeframes. Let’s dive into the details. Scheme Overview The Bandhan FMP Series 209-211 targets investments in debt and money market instruments. …
Nippon India Mutual Fund has recently filed a draft with SEBI for its latest offering—the Nippon India Debt Savings Fund of Fund. This open-ended scheme aims to provide stable returns while navigating market volatilities by investing in debt and arbitrage funds. Key Details Category: Fund of Fund Type: Open-ended scheme investing in a mix of …
Nippon India Mutual Fund has launched an exciting new investment product, the Nippon India MNC Fund. Designed for investors seeking exposure to multinational companies (MNCs), this open-ended equity scheme promises long-term capital appreciation by leveraging the growth potential and brand leadership of MNCs. Key Details of the Nippon India MNC Fund Name of the Fund: …
Mutual fund investors often look for consistent dividend payouts as a source of steady income. Dividend-paying schemes provide a way to benefit from both the growth of the fund and regular income distributions. In this article, we delve into two mutual fund schemes—ITI Balanced Advantage Fund and Nippon India Balanced Advantage Fund—highlighting their recent income …
2024 has been a remarkable year for the Indian Mutual Fund (MF) industry, which saw tremendous growth, with Assets Under Management. The AUM touched ₹68,08,101 crore by November 30, as per AMFI data release. This growth story is even more impressive when you consider that, just a decade ago, the AUM stood at ₹10.90 trillion—an …
Nifty 50 Index Funds offer a simple way to invest in India’s top 50 companies by market capitalisation. These funds mirror the Nifty 50 index and aim for returns similar to the index, providing exposure to India’s largest and most financially stable companies. Let’s take a look at the top-performing Nifty 50 index mutual funds …
As 2024 moves near to close, investors and financial experts are reflecting on the year’s market trends and the performance of various investment strategies. Among the most sought-after options for diversified portfolios, hybrid funds have attracted considerable attention. These funds, which combine equities and fixed-income securities, provide a balanced approach to managing risk while pursuing …
Edelweiss Asset Management introduces the Edelweiss BSE Premium Consumption ETF, a product designed to replicate the BSE Premium Consumption Total Return Index. As an open-ended Exchange Traded Fund (ETF), it aims to provide investors with performance that closely aligns with the benchmark index. The fund’s structure, objectives, and operational details reflect a focus on transparency …
