Mutual Funds - Angel One

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NFO alert: Aditya Birla Sun Life Mutual Fund launches Fixed Maturity Plan – Series UT (91 days); details inside

8 February 2024

Aditya Birla Sun Life Fixed Maturity Plan – Series UT (91 days) is a close-ended income scheme launched on February 7, 2024, aiming to generate income through fixed-income securities maturing within its 91-day tenure. With no entry or exit load, the minimum investment is Rs. 1,000. However, note that redemptions are only allowed on maturity …

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Mutual fund update: Equity funds inflow rises 28% in January

8 February 2024

In January, equity funds experienced a remarkable surge in inflows, reaching their highest levels in 22 months. This surge was primarily driven by investments in multi- and small-cap schemes, propelled by the buoyant market conditions. Record-Breaking Inflows According to data released by the Association of Mutual Funds in India (AMFI), net investments into equity and …

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Mutual funds push for higher overseas investment limits; cite minimal rupee impact

8 February 2024

Seeking an Increase After Limits Reached Two years after the Securities and Exchange Board of India (Sebi) placed restrictions on foreign investments due to concerns about exceeding the industry-wide limit of $7 billion, MFs are lobbying for an increase. Fund houses have approached the Reserve Bank of India (RBI) in recent weeks, proposing solutions like …

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Mirae Asset Mutual Fund launches Nifty Small-cap 250 Momentum Quality 100 ETF

13 February 2024

Mirae Asset Nifty Small-cap 250 Momentum Quality 100 ETF is an open-ended mutual fund scheme launched by Mirae Asset Mutual Fund on February 12, 2024. It aims to track the performance of the Nifty Small-cap 250 Momentum Quality 100 Total Return Index, which consists of 100 small-cap companies selected based on a combination of momentum …

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NFO alert: Nippon India Mutual Fund launches 2 new index funds; details inside

9 February 2024

Nippon India Mutual Fund has launched two new index funds: Nippon India Nifty Bank Index Fund and Nippon India Nifty IT Index Fund. Both funds aim to offer investment returns in line with their respective benchmark indices – the Nifty Bank Index and Nifty IT Index – before expenses. This means the funds will passively …

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NFO alert: Bajaj Finserv Mutual Fund launches large and mid-cap fund

12 February 2024

The Bajaj Finserv Large and Mid-Cap Fund is an open-ended equity scheme aiming for long-term capital appreciation through investments in a diversified portfolio of large and mid-cap stocks across various sectors. Launched on February 6th, 2024, it has a new fund offer (NFO) closure date of February 20th.  There’s no entry load, but an exit …

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NFO alert: PGIM India Mutual Fund launches PGIM India Large and Midcap Fund; details inside

1 February 2024

PGIM India Large and Midcap Fund is an open-ended equity scheme launched on January 24, 2024, that invests in both large-cap and mid-cap stocks to achieve long-term capital growth. It has a minimum investment of Rs 5,000 and an exit load of 0.50% if redeemed within 90 days of allotment. The new fund offer is …

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What Are The Best Index Funds For 2022?

30 August 2022

There are multiple ways to invest in the stock market, like investing in index funds. If you don’t want to spend time researching the market, picking stocks, index funds are an excellent investment option. Index funds are mutual funds that invest in the underlying stocks of benchmark indices. The primary objective of an index fund …

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2021 ends on a positive note for Mutual Funds, here’s why

11 January 2022

On Monday, January 10, 2022, the Association of Mutual Funds of India (AMFI) came out with the data which stated the increased interest of retail investors in the last month of 2021. When the stock markets were correcting, the retail investors infused more money. The scare of the omicron variant failed to affect retail enthusiasm. …

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From October 1 Perpetual SIPs Will Be Discontinued

11 September 2023

The Indian stock market is abuzz with excitement, and the bulls are on a winning streak. For the sixth consecutive day, the Nifty has shown remarkable gains, starting the day on a strong note. The index has surged past the significant milestone of 19,900 points, bringing it tantalizingly close to it’s all-time high of 19,991.85, …

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