The amount will be paid by "extinguishing proportionate units at the NAV dated December 2, 2022".
It is the first passively managed tax-saving scheme to be launched after the capital market regulator allowed fund houses to launch such funds on May 23, 2022.
Bharat Bond ETF - April 2033 by Edelweiss Mutual Fund comes with a tenure of a little below 11 years. It is a passively managed debt index fund that will invest your money in AAA-rated Government of India-owned companies.
As per the terms of acquisition, BFHL will own approximately 60 percent stake in IDFC AMC, whereas, the other two members of consortium - GIC and ChrysCapital (CC) will own 20 percent each.
The RBI is likely in the last leg of its interest-rate hikes and might start easing rates somewhere down the line. But higher portfolio yields on account of past interest rate hikes make debt funds suitable in the current environment.
Earlier in May, Sebi had introduced credit risk based single issuer limits for debt ETFs/ Index Funds in order to effectively manage the risk associated with such investments
Luxury purchases, like say a Mercedes-Benz car, could be within reach if you diligently pursue a mutual fund systematic investment plan. If you get a head start, it's better.
One of the demands if for uniform taxation of capital gains from mutual funds and Unit-Linked Insurance Plans issued by insurance companies.
Market participants said there was a need to harmonise tax rules on different financial products.
Out of more than 235 equity diversified mutual fund schemes, 31 schemes are at least 25 years old. Some of these schemes have created significant wealth for investors who have been patient enough to stick around
An annual portfolio review allows you to take a close look at what’s working in your portfolio and what’s not. But any big life changes like marriage, birth of a child, death in the family, and inheritance are also occasions for you to revisit your investments.
Motilal Oswal S&P 500 Index Fund, Motilal Oswal MSCI EAFE Top 100 Select Index Fund and Motilal Oswal Nasdaq 100 Fund of Fund will reopen for fresh subscription.
Investors should not be overly worried by the sharp fall in US tech stocks as a reset is underway, and it is a healthy one, says Jonathan Curtis, who also leads the Franklin Technology Fund research team overseeing technology companies
The markets expect the US Fed to stop hiking interest rates and start reducing them as early as 2023. However, Sonal Desai of Franklin Templeton Fixed Income global says that’s not going to happen and the US Fed will cut rates only in 2024.
Since mutual fund managers advocate long-term investing, it pays if such funds hold on to their underlying shares for the long-term. Funds with a low portfolio turnover do just that. And here’s what they bought recently.
Investing or exiting based on short-term performance, seen during bull and bear phases, is best avoided. Also consider the portfolio, as the outperformance may be due to investments in risky bets.
The mix of investments largely depends on your time horizon for the same, the size of your target amount, and your risk profile
Smart-beta funds add a layer of active fund management over passive market indices. But just like thematic funds, one smart-beta can be quite different from another.
Investors continue to show faith in SIPs as inflows touch Rs 13,040.64 crore in October. Balanced Advantage funds, one of the most popular categories with investors, saw (net) outflows for the first time since December 2020
The asset-light business model with annuity kind of revenue stream, high operating leverage, and strong cash flows make Prudent a unique proposition
There are several myths such as mutual funds with lower NAVs are cheaper, fixed-income investments are better than equity to plan for retirement and more.
The prospect of exponential growth in a consumer economy drove several fund houses to invest in new-age tech companies, despite most of them being loss-making. But the acid test is the end of the lock-in period that is set to end in November for many companies.
Shares of Delhivery, the Indian logistics and supply chain company, fell by 31 percent last week on the back of moderate growth outlook. Some other new-age companies, like PB Fintech, fell too. Some fund houses that had bought new-age technology companies’ shares in their initial public offerings (IPOs) are now faced with the dilemma of what to do with them: hold for long-term prospects or exit and cut losses. Here are the fund houses that are still holding on to their shares
Conservative hybrid funds identify stocks which can deliver potential return in the long run while exhibiting lower volatility
Since October 1, it’s mandatory to nominate someone in your mutual fund investment or explicitly opt out. If you fail to comply with this rule for existing folios by March 31, 2023, your investments will be frozen.