Mutual funds demonstrated increased activity in July, actively participating in both anchor books of newly listed companies and initial public offerings (IPOs). Emcure Pharmaceuticals emerged as the most popular choice among mutual funds, with a significant portion of their investments allocated to this newly listed company. Data reveals that mutual funds purchased 6.59 million shares …
Nippon India Mutual Fund has announced significant revisions to the subscription limits for its popular Nippon India Small Cap Fund, effective from August 16, 2024. These changes are set to impact new investors looking to enter the fund through Systematic Investment Plans (SIPs) or Systematic Transfer Plans (STPs). Key Changes in Subscription Limits Previously, the …
In a groundbreaking initiative, DSP Mutual Fund has introduced India’s very first Nifty Top 10 Equal Weight Index Fund and ETF. This innovative offering provides investors with a unique opportunity to invest equally in the top 10 Indian companies by free float market capitalization as listed on the Nifty Index. With a strategy rooted in …
Starting August 13, 2024, ICICI Prudential Mutual Fund has announced a temporary suspension of new investments in its schemes that involve overseas investments. This decision has been made in light of the industry-wide cap on foreign asset investments imposed by SEBI and AMFI. The schemes affected by this suspension include: ICICI Prudential US Bluechip Equity …
Introduction: A New Era in Multicap Investing Mirae Asset Mutual Fund has unveiled an innovative investment opportunity with the launch of India’s first Multicap Exchange Traded Fund (ETF), the Mirae Asset Nifty500 Multicap 50:25:25 ETF. This new offering is designed to provide investors with a balanced and diversified approach to investing across large, mid, and …
Introduction The Quant Small Cap Mutual Fund witnessed notable changes in its portfolio in July 2024, with the addition of three new stocks and the removal of HDFC Bank Ltd. from its top 10 holdings. This blog explores these changes and their implications for investors. Growth in Assets Under Management (AUM) From June to July …
Investing in mutual funds offers a road to achieve financial objectives and accumulate wealth. However, it’s critical to make well-informed choices to enhance your long-term financial results. Here are ten typical mistakes that many investors should steer clear: Pursuing Historical Achievement: Mistake: Relying solely on historical performance for forecasting future achievements. Solution: The past performance …
What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
Investing in multinational corporation (MNC) mutual funds can be an attractive option for those seeking exposure to globally diversified companies with strong financial performance. In this article, we delve into the performance, expenses, and other essential metrics of some of the leading MNC mutual funds in India, including Aditya Birla Sun Life MNC Fund, UTI …
Dividend mutual funds have become increasingly popular among investors seeking a balance between income and capital appreciation. These funds offer a unique opportunity to benefit from both regular dividend payments and the potential for long-term capital growth. What is a Dividend Mutual Fund? Dividend mutual funds are a type of equity fund that primarily invests …
