Introduction Systematic Withdrawal Plans (SWP) offer investors the ability to withdraw a fixed amount at regular intervals, making them perfect for those looking for a stable income source. In this article, we examine the top three SWP debt liquid funds where a Rs 10,00,000 investment provides Rs 30,000 in monthly withdrawals. We also analyse each …
On October 23, 2024, the Securities and Exchange Board of India (SEBI) directed regulated entities—including recognised stock exchanges, clearing corporations, and depositories—to terminate any contracts with unregistered financial advisers, such as financial influencers, within three months. This circular follows SEBI’s June 27 decision to prohibit associations with unregistered content creators who provide advice or claims …
A Systematic Withdrawal Plan (SWP) is a financial tool that enables investors to withdraw a fixed amount at regular intervals from their mutual fund investments. This offers a steady income, similar to a salary, post-retirement or for other goals. SWPs provide financial security by allowing structured withdrawals while preserving capital, making it an ideal option …
In recent years, a quiet revolution has been taking place in the investment world, as more and more investors are ditching intermediaries and turning to Direct Mutual Fund (MF) Plans. The numbers tell the story: as of September 2024, the assets under management (AUM) for direct plans in the mutual fund industry have reached a …
Key Highlights of Mutual Fund Acquisitions in September In September, mutual funds expanded their portfolios by adding eleven new stocks, with Bajaj Housing Finance Ltd emerging as the top pick. Mutual funds acquired 11.29 crore shares of the company, investing a substantial Rs 1,740 crore. Other significant investments included PN Gadgil Jewellers and SpiceJet Ltd, …
Introduction Bank of India Mutual Fund has introduced its latest offering—the Bank of India Consumption Fund. This open-ended equity scheme focuses on capturing growth opportunities in India’s booming consumption-driven sectors. The fund has already been filed with SEBI, aligning with its thematic approach to offer long-term capital appreciation by investing in companies engaged in consumption …
Introduction ITI Mutual Fund has filed with SEBI to launch its latest scheme, the ITI Bharat Consumption Growth Fund, an open-ended equity scheme designed to tap into India’s booming consumption market. Here’s a detailed overview of this promising mutual fund. Scheme Details Scheme Name: ITI Bharat Consumption Growth Fund Category: Thematic Fund (Equity) Type: Open-ended …
Introduction Invesco India has filed with SEBI to introduce the Invesco India Innovation Fund, an open-ended equity scheme. The fund seeks to capitalize on emerging innovation-driven opportunities by investing in companies that are focused on technological advancements, innovative products, or business strategies. Fund Overview Scheme Name: Invesco India Innovation Fund Category: Thematic Fund (Innovation) Fund …
Bank of India Mutual Fund has filed a draft scheme information deed (SID) with the market regulator Securities and Exchange Board of India to launch the Bank of India Consumption Fund. It is an open-ended equity scheme following a consumption theme. Investment Objective The Investment objective of the Bank of India Consumption Fund is to …
Introduction Kotak Mahindra Asset Management Company has filed papers with SEBI for the launch of Kotak Nifty Midcap 150 ETF, a new fund that aims to replicate the Nifty Midcap 150 Index. This exchange-traded fund (ETF) seeks to generate returns by tracking the performance of mid-market capitalization companies. Below, we cover the fund’s key details, …
