Blog - MFNews

18 May

Defence Funds: Mutual funds In Demand after Operation Sindoor

MFNews0 CommentsBreaking News, Mutual Funds, Opinions, Technology

#DefenceFundsInDemand As of April 30, 2025, the fund held a portfolio of 22 stocks with total assets under management (AUM) amounting to Rs 5,487 crore Mumbai: Defence mutual funds in India have seen a one-month return surge, ranging from 13.67% to 18.75%, primarily due to increased market focus on defence sector investments and geopolitical activities. Indian defence sector-oriented mutual funds are witnessing a notable surge, with one-month returns ranging from 13.67% to 18.75%. This surge is attributed to heightened investor interest, driven by recent geopolitical events such as Operation Sindoor and government policies that favour domestic defence manufacturing. The average…

18 May

Baskin Robbins India Expands Retail Portfolio to Meet Rising Demand in Quick Commerce

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#BaskinRobbinsExpands The brand has launched range of products for its retail segment with the increasing demand from quick commerce platforms Chandigarh: Baskin Robbins, India’s much loved ice cream brand, is set to redefine indulgence with the launch of its latest retail product range. As quick commerce reshapes consumer habits and snacking becomes an all-day affair, the brand is strategically expanding its presence in the snacking portfolio in key cities to meet this surging demand. The newly launched retail range targeted at General trade stores, Supermarkets and Quick Commerce platforms features a variety of formats and flavours designed for on the…

17 May

Indian Equity Funds hold 2.5 Lakh Crore’s in cash, Waiting for Right Time

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#equityfundsholdcrores PPFAS MF has the highest cash holding of 22%. Mumbai: A New Study report by Motilal Oswal Financial Services shows that the Indian mutual fund industry has cash holding of 7% of the total equity AUM. The data shows that the average cash holding of the top 20 fund houses was 6.9% of the total equity AUM in March 2025. The average cash holding of these fund houses increased from 4.9% of the total equity AUM in March 2024. PPFAS MF, Motilal Oswal MF and SBI MF are the top three fund houses in terms of cash holding in…

17 May

LIC MF re-introduces five flagship equity schemes

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#LICMFiveequityschemes Mumbai: LIC Mutual Fund has re-introduced five equity schemes as its flagship schemes catering to the needs and requirements of modern investors, especially millennial and Gen-Z investors. The fund house said that these schemes are aimed at enhancing product offerings, attracting new investors and aligning the funds with changing market dynamics. These five schemes include LIC MF Value Fund, LIC MF Small Cap Fund, LIC MF Multi-Asset Allocation Fund, LIC MF Dividend yield Fund and LIC MF Focused Fund. Ravi Kumar Jha, MD & CEO of LIC MF said, “The aim is to reach an AUM of Rs.1 lakh…

17 May

Zigly Expands Footprint with Grand Opening of First Experience Centre in Jalandhar

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#ZiglyExpandsExperienceCentre Jalandhar: Zigly, India’s first tech-enabled omni-channel pet care brand has announced the grand unveiling of its first-ever experience centre in Jalandhar. This marks the brand’s 32nd store nationwide, solidifying its commitment to bringing specialized, holistic pet care closer to pet parents across India. Located at No. 421 - R, Ground Floor, Mall Road, Model Town, Zigly’s new experience centre spans over 1700 sq. ft and is designed to provide a comprehensive and elevated experience for pets and their parents in the city. The store houses state-of-the-art veterinary facilities, a dedicated grooming spa, and a curated range of premium pet…

17 May

The Hinduja Family Retains Top Spot on UK’s Rich List 2025 for the Fourth Successive Year

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#HindujaFamilyUKRich Mumbai: The Hinduja family led by Mr. Gopichand Hinduja, Chairman of the Hinduja Group, a 110-year-old multinational conglomerate, has topped the Sunday Times Rich List at £35.3 Billion for the fourth successive year. The Sunday Times Rich List is a definitive annual ranking of the wealthiest individuals and families residing in the United Kingdom, with 350 entries in the 2025 edition. Despite global headwinds and policy shifts, the Hinduja family has continued to demonstrate exceptional business resilience and global leadership. The UK-based family's group of companies, headed by Chairman, Mr. G.P. Hinduja, operates in 38 countries with investments in…

17 May

Godrej Launches AI-powered side-by-side refrigerators with eye-catching aesthetics

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#GodrejrefrigeratorsAI Chandigarh: Home appliances are no longer just about functionality; they are now an extension of style and smart living. Aligning with this, the Appliances business of Godrej & Boyce, part of the Godrej Enterprises Group has launched AI-powered Eon Velvet Side-by-Side Refrigerators that offers a seamless blend of aesthetics and technology. Powered by AI, this 600L large capacity refrigerator automatically optimizes cooling and energy consumption by sensing food load and usage like door openings, ensuring food stays fresher for longer. Additionally, with intelligent modes like Eco mode for automatic temperature regulation, Holiday mode for energy conservation when you are…

17 May

Sara & Sachin Tendulkar Bring Heartfelt Nostalgia to Spinny’s Campaign, “God Promise”

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#SaraSachinTendulkarSpinny #SpinnyGodPromiseSara Chandigarh: In a first-of-its-kind Instagram collaboration, Sara Tendulkar joins her father, cricket legend Sachin Tendulkar, in celebrating something deeply personal—trust, long drives, and the irreplaceable bond with their indie dogs, Spike & Max. Spinny’s latest film “God Promise” touches the heart with its gentle storytelling, featuring Sachin and an adorable indie dog on a memorable journey. It signifies a long relationship—echoing Spinny’s industry-first 3-year warranty on Assured+ cars. For Sara, it hit even closer to home. Sharing never-seen-before photos with her furry companions—and Sachin—she opened up about their own family moments built over the years. Captioning the post,…

17 May

Skill India partners with Meta to launch Llama-Powered Skill India Assistant (SIA): Now Live on WhatsApp

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#SkillIndiaMetaSIA Chandigarh: The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, today announced the launch of the Skill India Assistant (SIA)—an AI-powered digital skilling tool developed in collaboration with Meta, using its open-source Llama models. This marks the world's first large-scale initiative of its kind, where an open-source AI model is being integrated into a nationwide public skilling mission on WhatsApp, providing access to millions of Indians across the country. Accessible via WhatsApp at +91 8448684032 and available on the Skill India Digital Hub, SIA offers people a unique opportunity to explore skilling courses, discover nearby training centers,…

17 May

Bajaj Allianz Life Launches a Super Flexible Market-Linked Pension Plan

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#BajajAllianzLifePensionPlan - Linked to New Fund Offer, Bajaj Allianz Life Nifty 200 Alpha 30 Index Pension Fund to drive long-term wealth creation Chandigarh: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has launched Bajaj Allianz Life Smart Pension — a unit-linked, non-participating, individual pension plan that empowers customers to take greater control of their retirement planning. The plan is designed to help build a retirement corpus, which can be used to generate life-long guaranteed income and support life goals during the retired years. It is linked to the newly launched Bajaj Allianz Life Nifty 200 Alpha 30…