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NIMF suspends investments in overseas schemes

By D@ljit1967 October 17, 2024Mutual Funds, SEBI

After briefly re-opening subscriptions in its international schemes this week, Nippon India Mutual Fund has announced a temporary suspension, effective from October 18, 2024. The suspension applies to all modes of investments,…

Mutual Funds take to Factor-Investing

By D@ljit1967 August 27, 2024Mutual Funds, Uncategorized

Mutual Fund Industry Embraces Factor-Based Investing, Blending Active and Passive Approaches •⁠ ⁠The domestic mutual fund industry is shifting towards factor-based investing, bridging the gap between active and passive strategies.…

Capitalmind gets SEBI Approval

By D@ljit1967 August 27, 2024Mutual Funds, SEBI

Capitalmind is a well-respected investment management firm that has recently received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch its own mutual fund business. This…

Aditya Birla Sun Life Mutual Fund launches Nifty India Defence Index Fund

By D@ljit1967 August 25, 2024Index, Markets, Mutual Funds, NFO

Aditya Birla Sun Life Mutual Fund has launched ABSL Nifty India Defence Index Fund, an open-ended index mutual fund replicating the Nifty India Defence Total Return Index. •⁠ ⁠The scheme…

Large and Mid-Cap Funds Gain Popularity Amid Market Volatility

By D@ljit1967 August 25, 2024Markets, Mutual Funds, Uncategorized

•⁠ ⁠Large and mid-cap funds in India have witnessed significant growth in the past five years, with Assets Under Management (AUM) surging over five-fold. •⁠ ⁠These funds offer portfolio diversification…

HDFC MF launches Manufacturing Fund

By D@ljit1967 April 26, 2024Economy, Mutual Funds, NFO

HDFC Mutual Fund has announced the launch of HDFC Manufacturing Fund, an open-ended equity scheme aiming to unlock the potential of India’s manufacturing sector by investing predominantly in equity and…

Hinduja Group forays into the MF business

By D@ljit1967 April 16, 2024Mutual Funds, Uncategorized

Hinduja Group’s IndusInd International Holdings (IIHL) has entered the MF space by acquiring 60% stake in Invesco India Mutual Fund. Invesco will retain a 40% stake in the joint venture…

Do you need to redo your mutual fund KYC?

By D@ljit1967 April 15, 2024Mutual Funds, Uncategorized

The April 1 deadline for mutual fund (MF) investors to redo their KYC (know your customer) compliance if they did not meet certain conditions has passed. But the confusion around…

Sebi stress test: Top mutual funds reveal how long can it take to liquidate portfolios

By D@ljit1967 March 17, 2024Mutual Funds, Stocks, Uncategorized

Mutual fund (MF) houses have started releasing a Sebi stress test report, mentioning the number of days they will require to liquidate 50% and 25% of their mid-and-small-cap schemes portfolio.…

India’s top AMC SBI Mutual Fund’s AUM less than 1% of US-based Blackrock

By D@ljit1967 March 9, 2024Economy, GDP, Markets, Mutual Funds

India's top asset management companies (AMCs) such as SBI Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Nippon India MF, and others rank much below than the top US AMCs…