Old Bridge Mutual Fund has launched a flexi-cap scheme, while Groww Mutual Fund introduced the industry-first BSE Hospitals ETF tracking listed hospital companies
Fund houses rolling out SIF are facing distribution challenges as stringent certification norms sharply limit eligible distributors, prompting the industry to seek regulatory relaxations
Dream Money, the fintech arm of Dream Sports, has integrated with the ONDC network to enable nationwide mutual fund distribution, signalling a sharper focus on investment products
Silver ETFs plunged up to 20 per cent today, extending their rout into a third straight trading session. Gold ETFs, too, followed suit as Gold and Silver prices fell by 3-6 per cent on MCX today
The first of these new launches will be the JioBlackRock Sector Rotation Fund, with its new fund offer (NFO) opening on January 27 and closing on February 9
Going ahead, fund flows are likely to be guided by valuations and global developments, with investors increasingly favouring large-cap, diversified and hybrid strategies
Select debt mutual fund categories such as medium duration and floater funds have delivered over 8 per cent returns in the past year, supported by rate cuts and falling yields