Mutual Funds - Angel One - Page 222

LIC Mutual Fund has announced an income distribution of ₹0.10 per unit under the Income Distribution cum Capital Withdrawal (IDCW) option for both regular and direct plans of its LIC MF Aggressive Hybrid Fund. The record date for this payout is January 27, 2025. Fund Composition The LIC MF Aggressive Hybrid Fund invests 76.81% in …

ICICI Prudential Mutual Fund has announced a name change for its “ICICI Prudential BSE Liquid Rate ETF.” Effective January 27, 2025, the fund will be renamed ICICI Prudential BSE Liquid Rate ETF – IDCW (Income Distribution cum Capital Withdrawal). The change shows the fund’s income distribution option, aligning it with regulatory naming conventions. Fund Details …

HDFC Mutual Fund is making changes to its HDFC Nifty 1D Rate Liquid ETF, with the Income Distribution cum Capital Withdrawal (IDCW) option being converted into a Growth option. From February 28, 2025, the IDCW option will no longer exist, and the scheme will be renamed HDFC Nifty 1D Rate Liquid ETF – Growth. Redemption …

If you’ve been considering starting your Systematic Investment Plan (SIP), now is an excellent time to make the move. The Securities and Exchange Board of India (SEBI) is encouraging Asset Management Companies (AMCs) to roll out SIP options with a minimum investment of just Rs. 250 (approximately $3 USD). Why This Matters? This initiative is …

When we think of mutual fund investments, the perception often leans toward needing a substantial initial sum. However, the landscape has evolved, and today, investors can begin their journey with just ₹100 via a Systematic Investment Plan (SIP). This move, propelled by SEBI’s regulatory efforts, aims to democratise investing by making mutual funds more accessible …

As of January 21, 2025, a few of large-cap equity funds have shown impressive growth, with a 5-year compound annual growth rate (CAGR) nearing 20%. These funds, such as Nippon India Large Cap Fund and ICICI Prudential Bluechip Fund, have been able to deliver strong returns over the period, reflecting their consistent performance in the large-cap sector. …

Mutual funds have become one of the most popular investment options, offering a convenient way to achieve your financial goals. They are considered tax-efficient instruments, allowing investors to potentially grow their wealth while minimizing tax burdens. Unlike fixed deposits, where the interest earned is added to taxable income and taxed at the individual’s income tax …

The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing a ₹250 Small Ticket Systematic Investment Plan (SIP). Public feedback on the proposal is invited until February 6, 2025. The initiative is intended to promote financial inclusion and simplify mutual fund access for small investors. Proposal Details SEBI has proposed that …

Axis Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its funds. The record date for this distribution is set as January 17, 2025. Here’s a breakdown of the schemes and their respective distribution amounts per unit: Details of IDCW Announced Scheme Direct-IDCW (₹/unit) Regular-IDCW (₹/unit) …

Future Generali India Life Insurance has launched the Future Multicap Equity Fund, a New Fund Offer (NFO) focused on long-term capital appreciation. The fund is to invest across large-cap, mid-cap, and small-cap equity segments, offering a diversified portfolio to optimise risk and return. Fund Details The fund’s suggested asset allocation ranges from 60% to 100% …