Mutual Funds

New MF: SBI Mutual Fund launches two new fuds tracking BSE PSU Bank Index

New MF: SBI Mutual Fund launches two new fuds tracking BSE PSU Bank Index

SBI BSE PSU Bank Index Fund and SBI BSE PSU Bank ETF aim to provide returns corresponding to that of securities in underlying index Mumbai: SBI Mutual Fund has launched two new open-ended schemes tracking the performance of the BSE PSU Bank Index, offering investors an opportunity to capitalise on the growth of public sector banking. The new fund offer (NFO) period for SBI BSE PSU Bank Index Fund and SBI BSE PSU Bank ETF will open on March 17 and close on March 20. The investment objective of both funds is to provide returns that correspond to the total…
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New SIF from 1 April: Specialised Investment Funds, with a minimum investment of Rs 10 lakh

New SIF from 1 April: Specialised Investment Funds, with a minimum investment of Rs 10 lakh

By: Nandana These investment strategies could include exposure to equity, debt, real estate investment trusts (REITs) or derivatives like futures and options (F&O). Mumbai:  a new investment vehicle that sits at the intersection of mutual funds and portfolio management service (PMS). Called ‘Specialised Investment Funds’ or SIF, these products will have a minimum investment threshold of Rs 10 lakh and offer investors exposure to advanced investment strategies. Many mutual fund companies are preparing to launch SIF from April 1 which will give investors an opportunity to invest. These new funds will start getting announced in the coming days. These investment…
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IndusInd bank is well-capitalised and the financial position of the bank satisfactory: RBI

IndusInd bank is well-capitalised and the financial position of the bank satisfactory: RBI

#IndusIndBank #RBIIndusIndBank The bank’s financial health remains stable and is being monitored closely by Reserve Bank Mumbai: There has been some speculation relating to IndusInd Bank Ltd. in certain quarters, perhaps arising from recent events related to the bank. The Reserve Bank would like to state that the bank is well-capitalised and the financial position of the bank remains satisfactory. As per auditor-reviewed financial results of the bank for the quarter ended December 31, 2024, the bank has maintained a comfortable Capital Adequacy Ratio of 16.46 per cent and Provision Coverage Ratio of 70.20 per cent. The Liquidity Coverage Ratio…
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एसेट एलोकेशन की ताकतः लाॅन्गटर्म वेल्थ क्रिएशन के लिए एक प्रमाणित रणनीति

एसेट एलोकेशन की ताकतः लाॅन्गटर्म वेल्थ क्रिएशन के लिए एक प्रमाणित रणनीति

मोहाली स्थित म्यूचुअल फंड डिस्ट्रीब्यूटर मंजू जिंदल का कहना है कि आईसीआईसीआई प्रूडेंशियल एसेट एलोकेटर फंड (एफओएफ) इस समय निवेश के लिए एक बेहतर विकल्प है मोहालीः जोखिम को कम रखने, मुद्रास्फीति को मात देने वाला रिटर्न, एसेट एलोकेशन और विविधीकरण एक बेहतर निवेश के मूल पहलू हैं। यदि कोई इनका पालन करता है, तो लक्ष्य प्राप्ति आसान हो जाती है जबकि निवेश का अनुभव सुखद और तनाव मुक्त होता है। मोहाली स्थित म्यूचुअल फंड डिस्ट्रीब्यूटर मंजू जिंदल का कहना है कि यह बाजार चक्रों या अनिश्चितताओं के बावजूद अच्छी तरह से काम करता है जो लगातार सामने आते रहते…
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Aditya Birla Sun Life Mutual Fund Introduces Aditya Birla Sun Life Choti SIP

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

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

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

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…
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Axis Mutual Fund Launches Axis Nifty500 Value 50 ETF

Axis Mutual Fund Launches Axis Nifty500 Value 50 ETF

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

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

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

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

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

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

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…
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