The Motilal Oswal Large Cap Fund is an open-ended equity scheme launched on January 17, 2024, to achieve long-term capital appreciation by primarily investing in large-cap companies. It aims to generate superior returns over the long term while keeping risk controlled. The New Fund Offer period closes on January 31, 2024. There is a 1% …
Imagine a life where your money works for you, not the other way around. A life where financial worries fade and dreams take centre stage. That’s the magic of mutual funds – a powerful tool for building wealth and achieving financial freedom. But the question that often hangs in the air like an unanswered prayer …
Groww Mutual Fund is launching a new open-ended equity scheme, Groww Banking & Financial Services Fund, focusing on the banking and financial services sector. The New Fund Offer (NFO) opens on January 17, 2024, and closes on January 31, 2024. The minimum subscription amount is Rs 500. The primary investment objective of the scheme is …
If you are bullish about the overall economy or a sector in the long run but you are unable to have faith in any particular mutual fund scheme, then an index fund could help you out. If you are wondering how so, read the rest of the article! We will not only tell you why …
WhiteOak Capital Mutual Fund has launched two new open-ended equity schemes: WhiteOak Capital Banking & Financial Services Fund and WhiteOak Capital Pharma and Healthcare Fund. Both schemes aim for long-term capital appreciation through targeted investments in their respective sectors. The Banking & Financial Services Fund focuses on banks and companies engaged in the financial services …
Mutual funds serve as investment vehicles by pooling money from various investors, allowing them to collectively invest in a diversified portfolio of stocks, bonds, or other securities. Even small contributions from individual investors contribute to creating a substantial corpus for Asset Management Companies (AMCs). India’s leading AMC, SBI Mutual Funds, boasts an impressive Asset Under …
Investing in the ever-evolving financial landscape can be both thrilling and perplexing. With an array of investment options available, making informed decisions is crucial. Here’s where SIP (Systematic Investment Plan) calculators emerge as the unsung heroes, providing investors with a powerful tool to navigate the complexities of the investment universe. The SIP Symphony SIP, often …
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, …
