Mutual Funds

IIFL Fintech Fund Announces the Second Exit From The Fund Clocks More than 100% Return for Investors

IIFL Fintech Fund Announces the Second Exit From The Fund Clocks More than 100% Return for Investors

#IIFLFintechFundReturn Chandigarh: IIFL Fintech Fund, India’s leading early-stage fund dedicated to fintech sector, today said that it has exited the financial data analytics firm - Finarkein Analytics – at more than double the valuation in  three years of investment. This is IIFL Fintech Fund’s second exit after TrustCheckr, a fraud detection firm, which was bought by global caller identification app Truecaller in October 2023. IIFL Fintech Fund made ~80% returns on TrustCheckr investment within 18 months, when it was sold. Finarkein’s data and workflow orchestration platform allows enterprises to co-create data products on India’s emerging digital public infrastructure (DPI) like…
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Angel One AMC launches two new passive funds, Close on May 16

Angel One AMC launches two new passive funds, Close on May 16

#AngelOneAMC2passivefunds Chandigarh: Angel One Asset Management Company (Angel One AMC) has launched two new passive funds - Angel One Nifty 50 Index Fund and Angel One Nifty 50 ETF. The funds aim to provide investors with exposure to India's top 50 large-cap companies across 15 key sectors including telecom, oil & gas, financial services, healthcare, and automobile, among others. Both the funds are designed to track the Nifty 50 Index, with an aim to replicate the Index performance by providing returns, before expenses, the closely monitoring the total return of the index. The New Fund Offer (NFO) for both funds…
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Golden Day: Sensex zooms nearly 3,000 points, Nifty jumps 900 points in biggest-ever day

Golden Day: Sensex zooms nearly 3,000 points, Nifty jumps 900 points in biggest-ever day

#GoldenDaySensexzooms2975 Mumbai: On A Golden Day In percentage terms, both indices surged 3.4 percent, notching up their second-highest gains in four years. The only bigger jump in percentage terms took place on February 1, 2021, when both indices rose by more than 4.7 percent. Benchmark indices saw a record rally on May 12, with the Sensex soared nearly 3,000 points and the Nifty 50 advanced by over 910 points, marking their biggest single-day gains in absolute terms ever. Easing border tensions between India and Pakistan significantly boosted investor sentiment, along with a significant progress in trade negotiations between US and…
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केनरा रोबेको ने केनरा रोबेको मल्टी एसेट एलोकेशन फंड लॉन्च किया

केनरा रोबेको ने केनरा रोबेको मल्टी एसेट एलोकेशन फंड लॉन्च किया

#CanaraRobecoMultiAAFund Mohali मोहाली: केनरा रोबेको म्यूचुअल फंड ने केनरा रोबेको मल्टी एसेट एलोकेशन फंड के लॉन्च का ऐलान किया है। यह एक ओपन-एंडेड हाइब्रिड फंड है जिसका लक्ष्य बाजार के अच्छे प्रदर्शन के समय अल्फा रिटर्न हासिल करना और बाजार के खराब दौर में नुकसान की संभावना को कम करना है। यह फंड एक ओपन-एंडेड स्कीम है जो इक्विटी और इक्विटी से जुड़े इंस्ट्रूमेंट, डेट और मनी मार्केट इंस्ट्रूमेंट, गोल्ड ईटीएफ और सिल्वर ईटीएफ में निवेश करती है। इसकी मल्टी असेट एलोकेशन रणनीति का लक्ष्य सभी तरह की बाजार स्थितियों में बेहतर परिणाम हासिल करना है।यह फंड बदलती आर्थिक स्थितियों,…
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Investor Education and Protection Fund Authority and SEBI Convene Strategic Preparatory Meeting for “Niveshak Shivir” Initiative

Investor Education and Protection Fund Authority and SEBI Convene Strategic Preparatory Meeting for “Niveshak Shivir” Initiative

#IEPFASEBINiveshakShivir Mumbai: In a continued effort to enhance investor outreach and streamline the process of reclaiming unclaimed dividends and shares, the Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, organised a preparatory meeting in collaboration with the Securities and Exchange Board of India (SEBI) at the SEBI Office, Bandra-Kurla Complex (BKC), Mumbai on Friday i.e. May 9, 2025. The meeting was attended by Smt. Anita Shah Akella, CEO of  IEPFA and Joint Secretary in the Ministry of Corporate Affairs, along with IEPFA officials; Shri Ananth Narayan G., Whole-Time Member, SEBI; Shri Shashi…
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NFO: Tata MF launches income plus arbitrage FoF

NFO: Tata MF launches income plus arbitrage FoF

#TataMFincomeplusFoF The NFO opens on May 5 and closes on May 19 Mumbai: Tata Mutual Fund has launched the Tata Income Plus Arbitrage Active Fund of Fund. This FoF will allocate 65% its total corpus to Tata Corporate Bond Fund and 35% to Tata Arbitrage Fund. Income Plus Arbitrage FoF is a new fund category and is similar to debt funds but with additional tax benefits compared to pure debt funds. Under this, any gains arising from FoFs will be considered long-term after 24 months. Such long-term capital gains will be taxed in line with equity taxation, i.e., at 12.5%…
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Bandhan AMC Commences GIFT City Operations with the Launch of Three India Focused Funds

Bandhan AMC Commences GIFT City Operations with the Launch of Three India Focused Funds

#BandhanAMC3IndiaFocusedFunds Bandhan India Large and Mid-Cap Fund (IFSC) – Will invest in the underlying 20-years old Bandhan Core Equity Fund of Bandhan Mutual Fund Bandhan India Small Cap Fund (IFSC) – Will invest in the underlying 5-years old Bandhan Small Cap Fund of Bandhan Mutual Fund Bandhan India Government Securities Fund (IFSC) – Will invest in the underlying 23-years old Bandhan Government Securities Fund – Investment Plan of Bandhan Mutual Fund Mumbai/GIFT City: Bandhan AMC Limited, one of India’s leading asset managers with an AUM of ~USD 20 billion announced the launch of its operations at GIFT City through its…
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NFO: आईसीआईसीआई प्रूडेंशियल म्यूचुअल फंड ने आईसीआईसीआई प्रूडेंशियल क्वालिटी फंड लॉन्च किया

NFO: आईसीआईसीआई प्रूडेंशियल म्यूचुअल फंड ने आईसीआईसीआई प्रूडेंशियल क्वालिटी फंड लॉन्च किया

#ICICIPruMFNFO  #ICICIPrudentialQualityFund NFO : 6 मई, 2025 - 20 मई, 2025 तक निवेश के लिए खुला Chandigarh: आईसीआईसीआई प्रूडेंशियल म्यूचुअल फंड ने आईसीआईसीआई प्रूडेंशियल क्वालिटी फंड के लॉन्च की घोषणा की है, जो एक ओपन-एंडेड इक्विटी स्कीम है, जो क्वालिटी फैक्टर थीम पर आधारित है। यह नया फंड ऑफर (एनएफओ) 6 मई, 2025 को खुलेगा और 20 मई, 2025 को बंद होगा। इस स्कीम का उद्देश्य ऐसी कंपनियों में निवेश करना है जो हाई रिटर्न ऑन इक्विटी (आरओई), मजबूत कैश फ्लो, कम फाइनेंशियल लीवरेज और अच्छे कैपिटल एलोकेशन की हिस्टरी जैसे मजबूत फंडामेंटल्स को प्रदर्शित करती हैं। ये कारक, एक…
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एचडीएफसी फ्लेक्सी कैप फंड ने हर उतार-चढ़ाव में बेहतर प्रदर्शन किया

एचडीएफसी फ्लेक्सी कैप फंड ने हर उतार-चढ़ाव में बेहतर प्रदर्शन किया

#hdfcflexicapfund एचडीएफसी फ्लेक्सी कैप फंड ने हर उतार-चढ़ाव में बेहतर प्रदर्शन किया Chandigarh: चंडीगढ़ : एचडीएफसी फ्लेक्सी कैप फंड एक डायनामिक इक्विटी फंड है जो लार्ज, मिड और स्मॉल कैप कंपनियों में निवेश करता है। इस फंड ने पिछले 30 वर्षों में बाज़ार के कई उतार-चढ़ावों के बावजूद शानदार प्रदर्शन किया है। फंड की शुरुआत 1 जनवरी 1995 को हुई थी और इसका अब तक का औसत वार्षिक रिटर्न (CAGR): 18.82% (31 मार्च 2025 तक) रहा है। इस तरह फ़ंड की शुरुआत के दौरान निवेश किए गए ₹1 लाख की आज की वैल्यू: ₹1.84 करोड़ हो गई है। फ़ंड ने…
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Indian Mutual Fund industry adds 3.5 lakh new unique investors in March

Indian Mutual Fund industry adds 3.5 lakh new unique investors in March

#IndianMFundsadds3.5lakh The industry has added 22 lakh new folios during the month Mumbai: The latest industry data shows that the MF industry added 3.50 lakh new unique investors in March 2025. With this increase, the number of unique investors in MFs increased from 5.39 crore in February 2025 to 5.43 crore in March 2025. This number grew by 97 lakhs in FY25. The industry also added 22 lakh new MF folios in March taking its total folio count to 23.45 crore. The industry added a record 5.66 crore folios during FY25. Here are other key data of the industry: AUM…
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