The new fund offer (NFO) for IIFL ELSS Nifty 50 Tax Saver Index Fund, an open-ended passive equity-linked savings scheme, runs from Dec 1-21, 2022.
IDFC AMC has launched two target maturity index funds: IDFC CRISIL IBX 90:10 SDL Plus Gilt (November 2026) and IDFC CRISIL IBX 90:10 SDL Plus Gilt (April 2032).
Factor-based mutual funds pick stocks based on NSE’s factor indices. These indices rank the stocks based on various factors, such as value, momentum, quality, low volatility, and a dividend yield
ICICI Prudential Nifty Pharma Index Fund, an open-ended scheme, aims to replicate the Nifty Pharma Index
As many as 15 debt index funds were launched in October, highlighting their growing popularity and opportunities to create wealth in a high-rate situation.
IDFC Mutual Fund has launched the IDFC CRISIL IBX Gilt April 2026 Index Fund, an open-ended target maturity index fund that will invest in the constituents of the CRISIL IBX Gilt Index.
Balanced advantage funds use a dynamic asset allocation strategy to switch between debt and equity during volatile market conditions.
Tata Mutual Fund has the Tata Nifty Midcap 150 Momentum 50 Index Fund that replicates the NIFTY Midcap 150 Momentum 50 Index for long-term growth.
Target Maturity Funds are passive debt funds which invest in government and PSU bonds; hence, they offer returns with minimal risk. However, fluctuating...
Aditya Birla Sun Life Mutual Fund has launched a Multi-Index Fund of Funds focussing on exchange-traded funds (ETFs) and Index Funds.
ICICI Prudential Mutual Fund has launched the Nifty50 Equal Weight Index Fund, which will invest in constituents of the Nifty50 Equal Weight Index Fund. New...
IDFC Asset Management Company has launched the open-ended IDFC Nifty100 Low Volatility 30 Index Fund, targeting 30 low-volatile large-cap stocks for long-term...
The IDFC Nifty200 Momentum 30 Index Fund will comprise 30 high momentum large- and mid-cap stocks replicating the Nifty 200 Momentum 30 Index. Minimum...
ICICI Prudential Mutual Fund has announced the launch of its Nifty IT Index Fund. Minimum investment required in the open-ended scheme is Rs 1,000, and...
Motilal Oswal AMC is ready to roll out ETFs and index funds that track the performances of value indexes.
Sebi allows asset management companies to launch passive ELSS schemes from July 1, 2022.
The Nifty 50 index-linked passive funds account for 40 per cent of total passive funds AUMs in India. Also, 82 new passive products were launched in FY22
Index funds are a good choice for new investors to get the feel of equity without taking undue risk.
