In September, around 27 new courses opened mutual funds they went public in the market, which together raised Rs 14,575 crore. During the same period, the maximum number of index funds were released. Around 13 index funds raised Rs 3,656 crore. Among the 13 index funds launched in the month were SBI Nifty 500 Index … Read more
edelweiss Asset Management has launched the Edelweiss ingenious500 multilayer Impulse quality 50 index fund and the Edelweiss Nifty500 Multicap Momentum Quality 50 ETFs. The New Fund Offering (NFO) for these products is open for subscription from October 11 to 25, 2024. This multi-factor index fund is based on two factors: momentum and quality. It tracks … Read more
Gone are the days when Indian investors only banked with fixed deposits. In the changing financial landscape, smart investors are turning to Liquid ETFs for its mix of high liquidity and low risk exposure. As ETFs Gaining popularity, liquid ETFs have become a smart choice, offering the flexibility to park funds with minimal risk while … Read more
Mutual Fund InvestorsInvestors, especially experienced ones, always look for schemes that have consistently performed over a long period. That is why ETMutualFunds periodically tries to identify those with consistent performance. We analyzed the rolling returns of 150 equity schemes that have been in the market for 10 years and found that 16 equity schemes have … Read more
Mumbai: flows into equity mutual funds in September it slowed 10% from the previous month, as elevated stock valuations led some investors to curb new global purchases and trim some holdings. The equity schemes received investor money worth Rs 34,419 crore during the month, up from Rs 38,239 crore in August. Flows through the systematic … Read more
Bandhan Mutual Fund has announced the launch of Bandhan Nifty 500 Value 50 and Bandhan Nifty 500 Index Fund Momentum 50 Index Fund. These schemes are an open scheme that tracks the Nifty 500 value 50 index and the Nifty 500 Momentum 50 index respectively. The Nifty 500 Value 50 Index focuses on 50 undervalued … Read more
Even as equity mutual fund inflows fell 10% in September, SIP contributions rose 4%, surpassing the Rs 24,000 crore mark for the first time. The latest data from AMFI shows that monthly SIP contributions increased to Rs 24,508.73 million in September, up from Rs 23,547.34 million in August. According to monthly data published by AMFI, … Read more
Capital inflows mutual funds (MF) declined 10% to Rs 34,419 crore in September, compared to an inflow of Rs 38,239 crore in August. Debt Mutual Funds There were outflows of Rs 1.13 lakh crore in September, against an inflow of Rs 45,169 crore in August. As a result, MFs saw a net outflow of Rs … Read more
Incredible Assets Mutual Fund has warned against fake accounts through a public caution notice. Mentioned that a fake/deceptive/fraudulent WhatsApp account has been created by impersonating and using a photo as the profile image of Swarup Mohanty with the contact number: +1 (506) 516-1255. Swarup Mohanty is Vice President and CEO of Mirae Asset Investment Managers … Read more
Motilal Oswal Mutual Fund has submitted draft documents to Sebi for three mutual funds: Multi-factor fund of funds, Innovation Opportunities Fundand Build India Fund. Motilal Oswal Multi Factor Fund of Funds Motilal Oswal Multi Factor Fund of Funds will be an open-ended fund of funds that will invest in units of factor-based ETFs and/or index … Read more
