MUTUAL FUNDS powered by  


Clinton Fernandes 17 September 2021
Asset management companies, Aditya Birla Sun Life AMC and ICICI Prudential AMC, have recently launched a new type of open-ended debt scheme that comes with a maturity date.    We will review the two schemes–ABSL Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund and ICICI Pru PSU Bond...

Read More



Clinton Fernandes 17 September 2021
HDFC Asset Management, the asset manager to HDFC Mutual Fund, has launched a new fund-of-funds (FoF) that will indirectly invest in 23 developed markets globally.   This is a unique scheme that offers exposure to various markets abroad under the same roof. Let us find out more about...

Read More



Moneylife Digital Team 16 September 2021
In August 2021,Tata Consultancy Services  and HDFC Bank were the most preferred stocks of Indian mutual funds. The net purchases of Tata Consultancy Services were Rs1,473 crore. Infosys and Maruti Suzuki were the most sold stocks. The net sales of Infosys were Rs2,581 crore and net sales of...

Read More



Clinton Fernandes 09 September 2021
Kotak Mahindra Asset Management Company (Kotak AMC), the asset manager to Kotak Mutual Fund, has launched an open-ended equity-oriented multi-cap scheme. The Kotak Multicap Fund will invest minimum 25% of its portfolio in large-, mid- and small-cap stocks.   This will be the second...

Read More



IANS 08 September 2021
The mutual fund (MF) industry witnessed a big upturn in investor preference for schemes with inflows into equity-linked MF schemes falling sharply from Rs22,583 crore in July 2021 to around Rs8,677 crore in August, the latest monthly data released by the Association of Mutual Funds of India...

Read More



Moneylife Digital Team 03 September 2021
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory  

Read More



Clinton Fernandes 02 September 2021
Mirae Asset Investment Managers (India), the asset manager for Mirae Asset Mutual Fund, has launched a new international equity exchange traded fund (ETF).    The Mirae Asset S&P 500 Top 50 ETF is a passive index ETF that will track the S&P 500 Top 50 total returns index (TRI). Being...

Read More



Moneylife Digital Team 02 September 2021
A survey conducted by the income-tax (I-T) department in February 2021 on JM Financial Asset Management (AMC) Ltd (JMFL) found several lapses, including manipulated accounting methodology to inflate artificially distributable surplus and payout dividend to investors. Days before the survey,...

Read More



Clinton Fernandes 26 August 2021
Equity markets have risen phenomenally in the past one year, despite an incomplete recovery in business. The buoyant equity markets have attracted a swathe of initial public offerings (IPOs) like bees to a honey-pot.   The mutual fund (MF) business, too, has taken advantage of the...

Read More



Clinton Fernandes 20 August 2021
Baroda Mutual Fund has launched a new open-ended equity scheme that will focus on riding the business cycles. The scheme will dynamically invest between various sectors and stocks at different stages of business cycles in the economy.   The new fund offer (NFO) period is from 24...

Read More



Moneylife Digital Team 20 August 2021
In July 2021,HDFC Bank  and ICICI Bank were the most preferred stocks of Indian mutual funds. The net purchases of HDFC Bank were Rs2,107 crore. Infosys and Tata Consultancy Services were the most sold stocks. The net sales of Infosys were Rs1,249 crore and net sales of Tata Consultancy...

Read More



Clinton Fernandes 12 August 2021
SBI Funds Management, the asset manager of SBI Mutual Fund, has launched a new open-ended hybrid scheme that offers dynamic asset allocation.   The SBI Balanced Advantage Fund is a hybrid scheme that has the flexibility to increase or decrease its allocation to different asset...

Read More



Equity-linked mutual fund schemes saw a net inflows of over Rs 22,500 crore in July.   As per the data furnished by the Association of Mutual Funds in India (AMFI) on Monday, the net inflows stood at Rs 22,583.52 crore.   In June, the net inflows had stood over Rs 5,980 crore,...

Read More



Clinton Fernandes 06 August 2021
Canara Robeco Asset Management, the asset manager of Canara Robeco Mutual Fund, has launched a new equity scheme that follows a value investment strategy.   The new offer period for Canara Robeco Value Fund will start on 13th August and end on 27 August 2021. Further subscriptions and...

Read More



Moneylife Digital Team 06 August 2021
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory  

Read More



Clinton Fernandes 30 July 2021
UTI Asset Management has launched a new open-ended equity scheme that will invest in a focused style. The UTI Focused Equity scheme will invest in a maximum 30 stocks across market-cap and sectors.   The new fund offer (NFO) period is from 4 August to 18 August 2021. Further...

Read More



Clinton Fernandes 29 July 2021
 HDFC Asset Management has launched a new passively-managed index scheme tracking the Nifty50 Equal Weight Index (EWI). The Nifty50 EWI scheme tracks the stocks in the Nifty50 index but gives equal allocation to every stock.   The new fund offer (NFO) opens on 4 August 2021 and will...

Read More



Moneylife Digital Team 28 July 2021
Market regulator Securities & Exchange Board of India (SEBI) has asked mutual fund (MF) registrar and transfer agents (RTA) to jointly develop and implement a common industry-wide platform for MF investors. The inter-operable platform will allow MF investors to place both transaction and...

Read More



Moneylife Digital Team 26 July 2021
The Supreme Court (SC) has ruled that the Securities Appellate Tribunal's (SAT) order, directing Franklin Templeton Asset Management (India) to deposit Rs 250 crore was ‘fair’.  The apex court further refused to interfere with the SAT’s stay on an order passed by Securities and Exchange Board...

Read More



Clinton Fernandes 22 July 2021
Nippon India Mutual Fund (NIMF) has launched a new open-ended equity scheme that will invest flexibly across market-capitalisation (m-cap) and sectors.    The Nippon India Flexi Cap scheme plans to consider large-cap stocks for stability and mid- and small-cap stocks for growth...

Read More

Free Helpline
Legal Credit
Feedback