Edelweiss Mutual Fund has launched a new open-ended exchange-traded scheme, Edelweiss Nifty Bank ETF, which replicates/tracks the Nifty Bank Total Return Index. The new fund offer (NFO) of Edelweiss Nifty Bank ETF opened on September 03, 2024 and will close on September 06, 2024. During the NFO period, an investor is required to invest a …
One equity mutual fund scheme that Motilal Oswal Mutual Fund introduced is called Motilal Oswal Nifty 500 Index Fund Direct Growth. Investors were able to access this scheme on December 29, 2009. The current fund manager of the Motilal Oswal Nifty 500 Index Fund Direct-Growth fund is Swapnil P. Mayekar. The fund’s latest net asset …
Invesco Mutual Fund is The company recently announced its latest offering—the Invesco India Technology Fund, an open-ended equity scheme with a special focus on the tech sector. The NFO is open for subscription until September 17, 2024, and after that, it’ll be back for continuous sale and repurchase within five business days of allotment. Feature …
Kotak Mahindra Mutual Fund has recently launched an open-ended scheme replicating/tracking the Nifty India Tourism Index, named Kotak Nifty India Tourism Index Fund. The new fund offer (NFO) opened on September 02, 2024, and will close on September 16, 2024. The performance of Kotak Nifty India Tourism Index Fund is measured against Nifty India Tourism …
This week, 9 new mutual funds are being introduced, each tailored to meet different investment strategies and market segments. Let’s look at these new fund offerings (NFOs). Kotak Nifty India Tourism Index Fund Kotak Mutual Fund launched the Kotak Nifty India Tourism Index Fund opened on September 2, will be available for subscription till September …
In 2023, the Nifty 50 index saw a 19.42% increase in returns compared to the previous year. Since 2016, the Nifty 50 has shown positive annual returns each year. Nifty 50 index is a key indicator of the Indian stock market, reflecting the performance of the 50 largest companies listed on the National Stock Exchange …
On September 02, 2024, HDFC Mutual Fund submitted a draft scheme information deed (SID) for HDFC Nifty India Digital Index Fund. HDFC Nifty India Digital Index Fund is an open-ended scheme replicating/tracking the Nifty India Digital Index (TRI). The scheme falls under the index fund category. The minimum investment in the NFO has been set …
The HDFC Commodities Fund is an open-ended equity scheme targeting investments in companies within the commodity and related sectors. This thematic fund aims to achieve long-term capital appreciation by focusing on equity and equity-related securities in areas such as oil, cement, power, chemicals, and metals. However, these investment goals are not guaranteed. New Fund Offer …
Templeton Asset Management India Pvt. Ltd. was the name under which Franklin Templeton Investments first conducted business in India back in 1996. The organization is in charge of $724.1 billion in assets globally. Franklin Templeton Mutual Fund is a trust that is registered with SEBI. NFO Update from Franklin Templeton Mutual Fund: The most recent …
Bandhan Mutual Fund has introduced a new investment opportunity with the launch of the Bandhan Nifty Midcap 150 Index Fund. This open-ended scheme is designed to track the Nifty Midcap 150 Index, offering investors a chance to participate in the midcap segment of the Indian stock market. The New Fund Offer (NFO) is currently open …
