Page 9 - Mutual Fund

Budget 2024: PMS firms rethink strategy after increase in STCG tax

Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs

Groww MF launches ETF & FoF based on Nifty EV & New Age Automotive Index

Investment schemes will help investors 'capitalise on future of electric mobility and related technologies', says company

Negative surprise on fiscal deficit unlikely in Budget: Nippon India MF CIO

The current government, right from 2014, has shown an inclination to maintain fiscal discipline, he says

Quant MF confirms reports of search and seizure ops for the first time

Quant MF claims to have received no further communication from the regulator since the searches were conducted

ICICI Prudential MF launches India's first oil & gas ETF: Should you invest

Scheme tracks Nifty Oil & Gas TRI, an index that reflects the performance of companies in the oil and gas sector

ICICI Prudential MF launches Energy Opportunities Fund: Check details

Scheme will invest in equity and equity-related instruments of energy companies

Retail investors using Mutual Fund units as collateral for short-term loans

By opting for a loan instead of redeeming your mutual fund units, you can continue to benefit from potential market appreciation and compound growth.

Groww files for Nifty EV & New Age Automotive FOF with SEBI

The scheme aims to generate long-term capital growth by investing in securities that are part of the Nifty EV & New Age Automotive Index

Axis Mutual Fund launches Axis Nifty 500 Index Fund: Check details

The fund will invest in India's largest 500 companies listed on the NSE

Should you take a loan against mutual funds? Check details before opting

Loan against mutual funds is a financial solution that allows you to create an overdraft facility against your mutual fund units

As big gets bigger, largecap cutoff surges past Rs 80,000 crore

The cutoff has gone up sharply since the Covid-19 pandemic. During July-December 2019, the largecap cutoff stood at Rs 27,454 crore

Are PSU mutual funds a good investment option?

PSU mutual funds can be a good investment option for investors looking to gain exposure to the public sector

Mutual fund scheme launches to pick up pace as markets stabilise

In the past fortnight, fund houses have approached Sebi for 20 NFO approvals

Sebi junks rule to freeze demat a/cs, eases MF folio norm for investors

Capital markets regulator Sebi on Monday eased rules for existing investors with abolishing the norm of freezing demat accounts and mutual fund folios in case of failure to provide a 'choice of nomination'. Additionally, investors holding securities in physical form would be eligible for receipt of any payment, including dividend, interest or redemption payment as well as to lodge grievances or avail any service request from the RTA (Registrars to an Issue and Share Transfer Agents) even if they did not submit 'choice of nomination'. Earlier, the regulator set June 30, 2024, as the deadline for all existing individual mutual fund holders to nominate or opt out of nomination. Failure to comply with the rule could have led to the freezing of their accounts for withdrawals. Based on representations received from the market participants, for ease of compliance and investor convenience, Sebi has decided that for existing investors or unitholders, non-submission of 'choice of nomination'

Unable to invest in MF due to inoperative PAN?: Here is a good news for you

Sebi earlier required that all mutual fund investors link their PAN with Aadhaar to complete KYC process

Check out new fund offers of companies; build up your investment portfolio

NFOs provide investors with the opportunity to invest in a fund from its inception, offering benefits such as low initial investment, unique investment themes, and potential for future growth

SBI automotive opportunities fund: Know details before investing

The thematic scheme will invest in stocks of companies engaged in automotive and allied businesses.

Jump in passive fund inflows in 2024 on new launches, EPFO boost

Passive funds attract Rs 37,200 crore inflows in 2024

Stock market volatility: It is a good time to rebalance equity portfolio

Equities offer the best potential for wealth building over the long term. Investors need to invest time and effort in acquiring skills to improve their stock selection, timing, money management skill

Mutual funds likely to get nod to invest in ETFs with India presence

India exposure in such global ETFs could be capped at 20%