Bandhan Mutual Fund has announced the launch of its new open-ended equity scheme, the Bandhan Business Cycle Fund, which is set to open for subscription on September 10, 2024, and will close on September 24, 2024. Following this period, the scheme will reopen for continuous sale and repurchase from October 1, 2024. The Bandhan Business …
Nippon India Mutual Fund has announced that it is set to introduce the Nippon India Nifty 500 Momentum 50 Index Fund on September 11, 2024. This new fund will be tracking the performance of the Nifty 500 Momentum 50 Total Return Index, offering investors a way to tap into the growing trend of momentum investing. …
Motilal Oswal Mutual Fund has recently announced a new ETF—the Motilal Oswal Nifty 500 Momentum 50 ETF. This fund will track the Nifty 500 Momentum 50 Index, which picks out the top 50 stocks from the Nifty 500 based on their recent price performance. If you’re into momentum investing, where the idea is to “buy …
Gold has always been a favorite investment choice among Indians, driven by the nation’s love for the yellow metal and its potential to act as a hedge against inflation. In this blog, we’ll explore the top three performing gold mutual funds that offer a modern twist on gold investing. These funds invest in Gold ETFs, …
Bajaj Allianz Life Insurance has introduced the Bajaj Allianz Life Nifty 200 Alpha 30 Index Fund, which will be available alongside its Unit Linked Insurance Plans (ULIPs). This new fund is to provide an opportunity for investors seeking to capitalise on high-alpha stocks while benefiting from a diversified, index-based investment approach combined with life insurance …
Quant Small Cap Fund, once the darling of small-cap investors, has recently seen its performance come under scrutiny. While the fund has managed to deliver positive returns in the last month, it has lagged behind the category average and its benchmark, the Nifty Smallcap 250 TRI. Let’s dive into the details of what’s driving these …
Bajaj Finserv Asset Management Limited recently celebrated the first anniversary of its flagship equity fund, Bajaj Finserv Flexi Cap Fund. The fund, which marked its first successful year of investing, delivered impressive returns of 41.30%* under the regular plan and 43.43%* under the direct plan. The fund’s growth trajectory reflects a strong commitment to Megatrend …
Quant Mutual Fund (MF), renowned for its top-performing equity schemes, has made a surprising move by divesting its entire holdings in HDFC Bank. This abrupt shift comes just months after the fund house had significantly increased its exposure to the country’s largest private lender. HDFC Bank, which was once a cornerstone of Quant MF’s investment …
Motilal Oswal Mutual Fund has recently launched the Motilal Oswal Nifty 500 Momentum 50 Index Fund, an open-ended index fund designed to track the performance of the Nifty 500 Momentum 50 Total Return Index. The fund aims to provide investors with returns that closely correlate to the index, subject to tracking error. Key Features Investment …
HSBC Mutual Fund has introduced the HSBC India Export Opportunities Fund, an open-ended equity scheme focused on the export theme. The New Fund Offer (NFO) will be open for subscription from September 5 to September 19, 2024. The investment objective of HSBC India Export Opportunities Fund is to achieve long-term capital growth by actively managing …
