Nippon India Mutual Fund has launched a New Fund Offer (NFO), Nippon India Active Momentum Fund. This is a thematic fund which will invest in the momentum stocks i.e. stocks which exhibit strong price uptrends. The NFO will open for subscription on 10th February 2025 and will close on 24th February 2025. Momentum, in the...Read More
Kotak Mutual Fund has launched a new passive debt fund NFO, Kotak CRISIL – IBX AAA Bond Financial Services Index Dec 2026 Fund. This is a target maturity fund, which will mature in about 2 years (December 2026). The fund will track the CRISIL – IBX AAA Bond Financial Services Dec 2026 index. The NFO opened for...Read More
The Bajaj Finserv AMC has launched a New Fund Offer - the Bajaj Finserv Multi Cap Fund on the 6th of February & the NFO will remain open till the 20th of February 2025. The Bajaj Finserv Multi Cap Fund, an equity fund will invest across market cap segments with a contrarian investment strategy. In this article we shall...Read More
Kotak Mutual Fund has launched a new fund offer (NFO) Kotak BSE Sensex Fund. Sensex is the oldest stock index in India and is known as the barometer of Indian equity market. It comprises of the 30 largest companies by market capitalization listed on the Bombay Stock Exchange. The NFO has opened for subscription...Read More
Motilal Oswal Mutual Fund has launched a New Fund Offer, the Motilal Oswal Innovation Opportunities Fund an open-ended thematic fund. The NFO opened for subscription on 29th January 2025 and closes on 12th February 2025. Mutual Fund industry veterans Mr. Niket Shah, Mr. Atul Mehra, Mr. Sunil Sawant and Mr. Rakesh Shetty...Read More
Axis Mutual Fund has launched a new fund offer (NFO), Axis Nifty 500 Momentum 50 Index Fund. This is a factor based passive fund which will track Nifty500 Momentum 50 Index which comprises of 50 high momentum stocks selected from the large, mid and small cap stocks from the composition of Nifty 500 Index. The...Read More
The market has been very volatile for the past few months. Volatility gripped the market in the last 3 months of 2024, and Nifty closed the year below the 24,000 level, down nearly 2,500 points from its record high due to heavy FII selling. Concerns about the pace of Fed rate cuts in the US, INR depreciation and...Read More
The last few months have been very volatile for the Indian markets. The Nifty crossed the 26,000 level, hitting its record high in September 2024. Uncertainty about pace of rate cuts, INR depreciation and heavy FII selling sent the market tumbling down nearly 1.4% on November 21st 2024 closing Nifty at...Read More
As this financial year draws to a close, it will be useful to remind taxpayers in the old tax regime, to complete the tax savings (80C) before the deadline of 31st March 2025. Though Public Provident Fund or Voluntary Provident Fund have the traditional tax saving investment options under Section 80C...Read More
LIC Mutual Fund has introduced a promising investment opportunity, the LIC MF Multi Asset Allocation Fund. This new fund offer (NFO) opens from 24th January 2025 & closes on 7th February 2025. This investment opportunity aims to address the evolving needs of Indian investors seeking balanced growth, reduced volatility...Read More