Breaking News Archives - Page 6 of 10

13 Mar

Aditya Birla Sun Life Mutual Fund Introduces Aditya Birla Sun Life Choti SIP

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Choti SIP will be available for all schemes of the fund, except Debt, Sectoral & Thematic, Small & Midcap Funds Choti SIP will enable investors to participate with a minimum investment of Rs 250 Chandigarh: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has announced the introduction of Aditya Birla…

11 Mar

Bajaj Allianz Life ‘Focused 25 Fund’ launched – A Concentrated Portfolio Strategy for High-Growth Potential

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The fund will be available along with its ULIP products and is designed to concentrated portfolio of up to 25 stocks across market capitalizations Chandigarh: Bajaj Allianz Life, one of India’s leading private life insurers, has announced the launch of its New Fund Offer (NFO) – Bajaj Allianz Life Focused 25 Fund. The fund will be available along with its ULIP products and is designed to achieve long-term capital appreciation through a concentrated portfolio of up to 25 stocks across market capitalizations, with a predominant focus on large-cap companies, along with a life cover. The fund is benchmarked against the…

10 Mar

Axis Mutual Fund Launches Axis Nifty500 Value 50 ETF

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Highlights of Axis Nifty500 Value 50 ETF Benchmark: NIFTY500 Value 50 TRI Fund Manager: Mr. Karthik Kumar NFO dates: 10th March to 12th March 2025 Minimum Application Amount during NFO: Rs. 500 and in multiples of Rs. 1/- thereafter Chandigarh: Axis Mutual Fund, one of the leading asset management companies in India, announced the launch of New Fund Offer for its new Exchange Traded Fund (ETF) – Axis Nifty500 Value 50 ETF (an open-ended exchange traded fund replicating / tracking the Nifty500 Value 50 TRI). The ETF is designed to provide investors with targeted exposure to the Indian equity markets…

10 Mar

360 ONE Asset Launches Silver ETF – A Modern Way to Invest in Silver

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NFO opens from 10th March to 20th March 2025. Minimum application amount is Rs. 1000 (and in multiples of Re.1 thereafter.) The scheme reopens for continuous sale and repurchase from 28th March 2025. Chandigarh: 360 ONE Asset Management Limited, formerly known as IIFL Asset Management Limited, (“360 ONE Asset”), announced the launch of 360 ONE Silver ETF. It is an open-ended exchange-traded fund replicating/tracking domestic prices of Silver. This investment solution offers investors a convenient, liquid and cost-effective way to gain exposure to silver—an asset known for its industrial demand and ability to hedge against inflation. The New Fund Offer…

10 Mar

Over 30.68 Crore Unorganised Workers Registered on e-Shram Portal; Women Constitute 53.68% of Registrations

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13 Schemes of Central Ministries Integrated/Mapped with e-Shram New Delhi: The Ministry of Labour and Employment launched e-Shram portal (eshram.gov.in) on 26th August 2021 for creation of a comprehensive National Database of Unorganised Workers (NDUW) seeded with Aadhaar. e-Shram portal is meant to register and support the unorganised workers by providing them a Universal Account Number (UAN) on a self-declaration basis. As on 3rd March 2025, over 30.68 crore unorganised workers have already registered on e-Shram portal, with more than half of them being female (53.68%). In keeping with the vision of the Budget Announcement on developing e-Shram as a One-Stop-Solution for…

09 Mar

Bandhan Mutual Fund Launches ‘The Equal Calculator’ for career breaks

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Careers May Include Breaks, But Financial Goals Shouldn’t Mumbai: This Women’s Day, Bandhan Mutual Fund is redefining financial planning with the launch of The Equal Calculator, an online tool designed to accommodate real-life career journeys—pauses and all. Unlike traditional investment calculators that assume uninterrupted earnings, The Equal Calculator recognizes that career breaks are a reality, especially for women who step away for family, education, or personal growth. This one-of-its-kind financial tool ensures that taking a break doesn’t mean falling behind. By factoring in career gaps, Bandhan Mutual Fund’s - The Equal Calculator helps individuals plan their financial future with confidence,…

07 Mar

Bank of Baroda introduces the bob Global Women NRE & NRO Savings Account for Women NRIs

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A first-of-its-kind NRI account among public sector banks specifically tailored for women, offering a host of benefits to empower women Chandigarh: In a first amongst public sector banks, Bank of Baroda announced the launch of the bob Global Women NRE & NRO Savings Account, designed exclusively for women NRIs to meet their global aspirations and unique banking needs. In addition, the Bank has revamped one of its flagship NRI offerings, the bob Premium NRE & NRO Savings Account, enhancing its features and benefits to provide a more rewarding banking experience to customers. The bob Global Women NRE & NRO Savings…

07 Mar

UTI Nifty 50 Index Fund Completes 25 Years: A Milestone in Passive Investing

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UTI Nifty 50 Index Fund is one of the oldest and largest index funds in India, with an AUM exceeding ₹20,000 crore Chandigarh: UTI Asset Management Company (UTI AMC) has reached a milestone as the UTI Nifty 50 Index Fund marked 25 years on March 6th, 2025, reinforcing its legacy as one of India's most trusted and enduring index funds. To commemorate the occasion, a bell-ringing ceremony was held at the National Stock Exchange (NSE), in the presence of senior leadership from UTI AMC, including Imtaiyazur Rahman, MD & CEO and Vetri Subramaniam, CIO, along with Ashishkumar Chauhan, MD and…

05 Mar

Bandhan Mutual Fund Launches Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund

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The fund offers exposure to a portfolio comprising AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds Mumbai: Bandhan Mutual Fund has announced the launch of the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity index fund designed to provide investors with a structured short-term fixed-income investment opportunity. The fund offers exposure to a portfolio comprising AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds issued by leading banks, NBFCs, and financial institutions. With a systematic roll-down strategy from 6 months to 3 months, the fund aims to capture short-term yield…

05 Mar

Axis AMC Partners with NISM to Launch Industry-First Talent Development Program “Unnati”

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Day 1 job-ready talent pipeline for the rapidly expanding mutual fund sector Chandigarh: In a pioneering move aimed at addressing the growing demand for skilled professionals in the mutual fund industry, Axis AMC has announced a strategic partnership with the National Institute of Securities Markets (NISM). This collaboration will formally launch the “Unnati” program—a specialized, industry-first initiative designed to create a Day 1 job-ready talent pipeline for the rapidly expanding mutual fund sector. The mutual fund industry in India is experiencing unprecedented growth, fuelled by an increase in investor participation and market expansion. However, there is an urgent need for…