ICICI Prudential Nifty50 Value 20 Index Fund (NFO) is an open-ended index fund launched on January 15, 2024, and closing on January 29, 2024, that aims to replicate the Nifty50 Value 20 Index. It invests in the same proportion of the 20 companies that make up the Nifty50 Value 20 Index, which tracks value stocks …
DSP Nifty Healthcare ETF (NFO) is an open-ended exchange-traded fund (ETF) launched by DSP Mutual Fund on January 11th, 2024. It aims to track the Nifty Healthcare Total Return Index (TRI), providing returns that mirror the index’s performance before expenses, albeit with potential tracking errors. There’s no guarantee that the scheme will achieve its objective. …
Launched in January 2024, HDFC NIFTY PSU BANK ETF is an open-ended scheme (NFO) by HDFC Mutual Fund that aims to deliver returns mirroring the HDFC NIFTY PSU Bank Index (TRI) over the long term, minus fees and expenses. With a minimum investment of Rs 500, the scheme closed for new subscriptions on January 23, …
A systematic investment plan (SIP) is an easy way to invest in the mutual funds of your choice. You invest a fixed sum in the mutual funds of your choice at regular intervals instead of making a lump sum investment. The frequency of these SIP investments can be daily, weekly, monthly or even quarterly. The …
Axis Mutual Fund has launched a new close-ended debt scheme named Axis Fixed Term Plan – Series 120 (91 Days). The scheme will invest in a portfolio of debt and money market instruments that mature on or before the scheme’s maturity date. The minimum investment amount is Rs 5,000 and the scheme will be open …
The year gone by witnessed a noteworthy shift in the performance dynamics between actively and passively managed mutual fund schemes. Buckle up as we take you through the journey of how passive investments emerged victorious, weaving through statistics and insights that unknot the fascinating trends of the mutual fund industry. Riding the Index Wave The …
UTI Nifty 10-year Benchmark G-Sec ETF is an open-ended, Other ETFs scheme launched by UTI Mutual Fund on January 19, 2024. The scheme aims to provide returns that match the total returns of the securities as represented by the underlying Nifty 10-year Benchmark G-Sec Index, subject to tracking error. There is no entry or exit …
Welcome, dear readers, to the intricate world of Asset Management Companies (AMCs) in India. In this blog, we’ll be delving into the dynamic landscape of the Indian AMC market share, exploring the key players, trends, and what it all means for investors. So, buckle up as we embark on this financial journey together! Let’s start …
Baroda BNP Paribas Mutual Fund has launched an open-ended index fund, Baroda BNP Paribas Nifty 50 Index Fund, which aims to provide investment returns that closely track those of the Nifty 50 Total Returns Index. The new fund offer (NFO) is open for subscription from January 8, 2024, to January 22, 2024, with a minimum …
Every individual aspires to achieve wealth to support their family, education, a comfortable lifestyle, vacations, and personal goals. However, only a select few embark on the right path and take steps towards realising this dream. A key factor that can help investors attain financial prosperity is the enchanting phenomenon known as compounding, often referred to …
