This integration 'marks a significant step toward making mutual fund investments more accessible, affordable, and inclusive', says the company
The New Fund Offer (NFO) for both funds will open for subscription on April 16, 2025 and close on April 30, 2025
Portfolios repeating the same investments can lead to non-representation of certain parts of the market
₹77 crore exit halts golden run driven by record inflows
Last week, the government sold a 3.5 per cent stake in Mazagon Dock Shipbuilders (MDSL) through an offer for sale (OFS)
At least seven AMCs planning entry into this new product segment this year
To promote inclusivity and enhance the Indian equity market for retail investors, the government also plans to advocate for greater accountability in private sector regarding dividend distributions
Average quarterly AUM fell 1.7 per cent in Q4
Kotak Nifty Top 10 Equal Weight Index Fund opened for subscription on April 7, 2025, and will close on April 21, 2025
Nuvama Wealth, Marcellus Investment Managers among new MF applicants
The investment objective of Kotak Energy Opportunities Fund is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities.
At present, the facility is only available to HDFC MF's existing know your customer (KYC)-verified investors
The government took away the indexation benefit of debt funds from April 1, 2023
As of March 26, MFs had deployed a net Rs 8,485 crore in the equity market during the month compared to a net buying of Rs 48,000 crore in February and Rs 57,650 crore in January
Here are ten equity schemes across five categories - Small Cap, Mid Cap, Large Cap, Large and Mid Cap and Flexi-Cap category that have shown their mettle in the recent past and as well in the long-ter
Previously, availing these loans was a cumbersome physical process that took five-seven working days
To facilitate ease of doing business, Sebi on Friday extended the timelines for portfolio managers and mutual funds for submission of offsite inspection data to the markets regulator. Under this, mutual funds will have to submit the daily data in a monthly file as per the specified formats on a quarterly basis within 15 calendar days from end of the quarter against the current requirement of 10 calendar days, Sebi said in a circular. RTAs will be required to submit such said data on an ongoing basis. As a part of off-site inspection and surveillance of Mutual Funds and to monitor the compliance of the mutual fund norms, Sebi has framed the data structure and all the mutual funds along with RTAs associated with them are required to furnish the data to it. Similarly, portfolio managers will be required to submit data in a specified format for all its clients on a quarterly basis within 15 calendar days from end of the quarter. Day-wise data will be furnished for table headings -- ...
Closures were higher in direct plans in January
PMS has higher costs due to 2-3% management fees plus performance fees, reducing returns; mutual funds have only management fees
Account for 24% of investors but 33% of AUM