Baroda BNP Paribas Mutual Fund has announced the launch of the Baroda BNP Paribas Dividend Yield Fund, an open-ended equity scheme, which began on August 22, 2024. Investors now have the opportunity to subscribe to the fund until September 5, 2024. The minimum investment required to participate is Rs. 1,000, making it accessible to a …
Edelweiss Mutual Fund Edelweiss Mutual Funds is a rising name in India’s mutual fund industry, backed by the expertise of Edelweiss Financial Services Ltd. The company recently launched the Edelweiss Nifty Bank ETF, an open-ended exchange-traded fund (ETF) designed to track the performance of the Nifty Bank Total Return Index. The New Fund Offer (NFO) …
Travel and tourism in India have witnessed a significant surge in recent years, with more people prioritizing experiences over material possessions. Kotak Mahindra Asset Management has tapped into this growing trend by introducing the Kotak Nifty India Tourism Index Fund, an open-ended scheme designed to replicate or track the Nifty India Tourism Index. Travel Boom: …
UTI Mutual Fund, one of the leading asset management companies in India, has introduced the UTI Nifty Private Bank Index Fund, an open-ended index scheme designed to replicate the performance of the Nifty Private Bank Total Return Index (TRI). The New Fund Offer (NFO) opened on September 2, 2024, and will close on September 16, …
The fund manager in India with the fastest growth is UTI Asset Management Company, which was founded in 2003. Investment solutions are abundant and include venture funds, alternative investment funds, retirement solutions, portfolio management services (PMS), and more. UTI AMC has 15,648.55 crore worth of assets under management in total. The management of all UTI …
Sundaram Mutual Fund has introduced a new Prosperity SIP option for investing in its growth schemes and added a SIP Top-up feature on BSE and NSE platforms. This update will start on September 6. With the Prosperity SIP, investors can set up a Systematic Investment Plan (SIP) and a Systematic Withdrawal Plan (SWP). After the …
Mutual fund investors are always on the lookout for schemes that not only promise growth but also deliver consistently, even during volatile times. One such low-priced mutual fund scheme that has caught investors’ attention is the UTI Innovation Fund Direct – Growth. With its impressive one-month performance, this fund is emerging as a hidden gem …
Multi-Asset Allocation Mutual Funds are hybrid schemes that strategically invest across diverse asset classes, including equity, debt, cash, and commodities. These funds aim to provide investors with long-term capital growth and stable returns by leveraging the best opportunities across various instruments. The primary focus is on equity investments, allowing investors to benefit from market opportunities …
Investors often use the Systematic Withdrawal Plan (SWP) in mutual funds to ensure a steady monthly income. SWPs are particularly popular among senior citizens seeking a regular income stream post-retirement. While SWPs can be set up in equity, hybrid, or debt mutual funds based on individual risk appetite and financial goals, small-cap funds have demonstrated …
Kotak Mutual Fund has introduced the Kotak Crisil-IBX AAA Financial Services Index – Sep 2027 Fund, an open-ended Target Maturity Debt Index Fund. This fund will invest in the CRISIL-IBX AAA Financial Services Index – Sep 2027, which features relatively high interest rate risk and low credit risk. The new fund offer (NFO) opened for …
