• Sign up
  • Login

Mutual Fund News

Get the news on mutual fund.
UTI MF announces Income Distribution cum capital withdrawal (IDCW)
18-Oct-2024 ( 09:36 )
UTI Mutual Fund has announced 22 October 2024 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

UTI Large Cap Fund - Regular Plan- IDCW Option: 1.50

UTI Large Cap Fund - Direct Plan- IDCW Option: 1.50

Franklin Templeton MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
17-Oct-2024 ( 11:00 )
Franklin Templeton Mutual Fund has announced 18 October 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Franklin India Dynamic Asset Allocation Fund of Funds ' IDCW Option: 0.850

Franklin India Dynamic Asset Allocation Fund of Funds ' Direct ' IDCW Option: 1.000

Franklin India Debt Hybrid Fund ' Monthly IDCW Option: 0.085

Franklin India Debt Hybrid Fund ' Direct ' Monthly IDCW Option: 0.095

Franklin India Equity Savings Fund ' Monthly IDCW Option: 0.025

Franklin India Equity Savings Fund ' Direct ' Monthly IDCW Option: 0.070

Mirae Asset MF announces change in scheme name
16-Oct-2024 ( 14:18 )
Mirae Asset Mutual Fund has announced change in scheme name under the following schemes, With effect from 23 October 2024

Change in the name of the Scheme:

Name of the Scheme Revised Name of the Scheme
Mirae Asset Nifty 1D Rate Liquid ETF Mirae Asset Nifty 1D Rate Liquid ETF-IDCW

Navi Mutual Fund announces merger of Navi Conservative Hybrid Fund Merger into Navi Aggressive Hybrid Fund
16-Oct-2024 ( 14:02 )
Navi Mutual Fund has approved the merger of Navi Conservative Hybrid Fund Merger into Navi Aggressive Hybrid Fund, with effect from 15 November 2024.

Navi Mutual Fund announces merger of Navi Overnight Fund Merger into Navi Liquid Fund
16-Oct-2024 ( 14:22 )
Navi Mutual Fund has approved the merger of Navi Overnight Fund Merger into Navi Liquid Fund, with effect from 15 November 2024.

ITI MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
16-Oct-2024 ( 09:26 )
ITI Mutual Fund has announced 18 October 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

ITI Balanced Advantage Fund:

Regular Plan ' IDCW: 0.10

Direct Plan ' IDCW: 0.10

Sundaram MF announces Income Distribution cum capital withdrawal (IDCW) under two schemes
15-Oct-2024 ( 09:27 )
Sundaram Mutual Fund has announced 17 October 2024 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

Sundaram Aggressive Hybrid Fund - Regular Plan-Monthly-IDCW Option: 0.250

Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.350

Sundaram Balanced Advantage Fund - Regular Plan-Monthly-IDCW Option: 0.115

Sundaram Balanced Advantage Fund - Direct Plan-Monthly-IDCW Option: 0.140

Motilal Oswal MF announces change in Fund Manager of the following schemes
15-Oct-2024 ( 12:29 )
Motilal Oswal Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 15 October 2024

Change in Fund Managers of the Schemes:

Scheme Name Fund Manager (Existing) Revised Fund Manager(s)
Motilal Oswal BSE Enhanced Value ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Enhanced Value Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Financials ex Bank 30 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Healthcare ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Low Volatility ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Low Volatility Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Quality ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal BSE Quality Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nasdaq 100 Fund of Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 200 Momentum 30 ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 200 Momentum 30 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 50 ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 50 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 500 ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 500 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 500 Momentum 50 ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty 500 Momentum 50 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Bank Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty India Defence ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty India Defence Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Microcap 250 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Midcap 100 ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Midcap 150 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Next 50 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Realty ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Smallcap 250 ETF Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta
Motilal Oswal Nifty Smallcap 250 Index Fund Fund Manager -Swapnil Mayekar Fund Manager -Swapnil Mayekar
Associate Fund Manager- Dishant Mehta

PGIM India Mutual Fund announces Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
15-Oct-2024 ( 09:50 )
PGIM India Mutual Fund has announced 17 October 2024 as the record date for declaration of IDCW under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

PGIM India Arbitrage Fund:

Regular Plan ' Monthly IDCW Option: 0.0812

Direct Plan ' Monthly IDCW Option: 0.0819

PGIM India Hybrid Equity Fund:

Regular Plan ' Monthly IDCW Option: 0.1805

Direct Plan ' Monthly IDCW Option: 0.1989

PGIM India Equity Savings Fund:

Regular Plan ' Monthly IDCW Option: 0.0722

Direct Plan ' Monthly IDCW Option: 0.0787

Franklin MF announces change in Fund Manager of the following schemes
14-Oct-2024 ( 13:50 )
Franklin Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 10 October 2024

Change in Fund Managers of the Schemes:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Franklin India Overnight Fund ' Pallab Roy
' Chandni Gupta 		' Pallab Roy
' Rohan Maru
Franklin India Liquid Fund ' Pallab Roy
' Chandni Gupta 		' Pallab Roy
' Rohan Maru
Franklin India Ultra Short Duration Fund ' Pallab Roy
' Rahul Goswami 		' Rohan Maru
' Pallab Roy
' Rahul Goswami
Franklin India Money Market Fund ' Pallab Roy
' Chandni Gupta
' Rahul Goswami 		' Rohan Maru
' Chandni Gupta
' Rahul Goswami
Franklin India Floating Rate Fund ' Pallab Roy
' Chandni Gupta
' Sandeep Manam(dedicated for foreign Securities) 		' Pallab Roy
' Rohan Maru
' Sandeep Manam(dedicated for foreign Securities)
Franklin India Debt Hybrid Fund ' Rahul Goswami (Debt Portion)
' Pallab Roy (Debt Portion)
' Rajasa Kakulavarapu (Equity Portion)
' Venkatesh Sanjeevi (Equity Portion)
' Sandeep Manam (dedicated for foreign securities) 		' Rohan Maru (Debt Portion)
' Pallab Roy (Debt Portion)
' Rahul Goswami (Debt Portion)
' Rajasa Kakulavarapu (Equi ty Portion)
' Venkatesh Sanjeevi (Equity Portion)
' Sandeep Manam (dedicate d for foreign Securities)
Franklin India Equity Savings Fund ' Rajasa Kakulavarapu (Equi ty Portion)
' Venkatesh Sanjeevi (Equity Portion)
' Anuj Tagra (Debt Portion)
' Pallab Roy (Debt Portion)
' Sandeep Manam (dedicated for foreign securities) 		' Rajasa Kakulavarapu (Equity Portion)
' Venkatesh Sanjeevi (Equity P ortion)
' Anuj Tagra (Debt Portion)
' Rohan Maru (Debt Portion)
' Sandeep Manam (dedicated f or foreign securities)

Nippon India Mutual Fund announces change in Exit Load Structure
14-Oct-2024 ( 14:01 )
Nippon India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 15 October 2024

Change in Exit Load:

Name of the Scheme Existing Load Structure Revised Load Structure
Nippon India Index Fund ' Nifty 50 Plan 0.25% if redeemed or switched out on or before completion of 7 days from the date of allotment of units. Nil if redeemed or switched out after completion of 7 days from the date of allotment of units. Nil
Nippon India Index Fund - BSE Sensex Plan 0.25% of the applicable NAV if redeemed or switched out on or before completion of 7 days from the date of allotment of units. There shall be no exit load after completion of 7 days from the date of allotment of units. Nil

Edelweiss MF announces change in Fund Manager of the following schemes
14-Oct-2024 ( 12:56 )
Edelweiss Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 14 October 2024

Change in Fund Managers of the Schemes:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Edelweiss Small Cap Fund Fund Manager Mr. Trideep Bhattacharya
Assistant Fund Manager
Mr. Raj Koradia 		Fund Manager Mr. Dhruv Bhatia
Co-Fund Manager
Mr. Trideep Bhattacharya
Assistant Fund Manager
Mr. Raj Koradia
Edelweiss Mid Cap Fund Fund Manager
Mr. Trideep Bhattacharya
Assistant Fund Manager
Mr. Raj Koradia 		Fund Manager
Mr. Trideep Bhattacharya
Co-Fund Manager
Mr. Dhruv Bhatia
Assistant Fund Manager
Mr. Raj Koradia
Edelweiss Multi Cap Fund Fund Manager
Mr. Trideep Bhattacharya
Assistant Fund Manager
Mr. Raj Koradia
Overseas Securities
Mr. Amit Vora 		Fund Manager
Mr. Trideep Bhattacharya
Co-Fund Manager
Mr. Sumanta Khan
Assistant Fund Manager
Mr. Raj Koradia
Overseas Securities
Mr. Amit Vora

Mutual fund inflows see mixed trends in September
11-Oct-2024 ( 13:36 )
Mutual fund inflows witnessed a mixed bag in September 2024, with equity schemes seeing a slight decline while debt schemes experienced significant outflows. According to data released by the Association of Mutual Funds in India (AMFI), inflows into equity schemes fell by 10% to Rs 34,419 crore in September from Rs 38,239 crore in the previous month.

However, there were some bright spots. Systematic Investment Plans (SIPs) contribution continued its strong momentum, reaching an all-time high of Rs 24,508.73 crore in September. Additionally, mid-cap (+2.48% MoM) and multi-cap funds (+41.77% MoM) saw increased inflows, indicating investor confidence in these segments. Value/contra funds also saw a modest 13.68% increase during the month.

Large-cap funds, on the other hand, experienced a notable decline, with inflows dropping by 32.90% from August to September.

Meanwhile, debt schemes witnessed an outflow to the tune of Rs 1,13,833.95 crore in September, compared with an inflow of Rs 45,169.36 crore in August 2024.

Despite the mixed trends in equity schemes, the overall mutual fund industry remains robust. The number of new SIPs registered reached 66,38,857 in September, and the total number of SIP accounts surpassed 9.87 crore. The SIP AUM also hit a new high of Rs 13.81 lakh crore.

In conclusion, while equity schemes witnessed a slight dip in inflows, the overall mutual fund industry continues to attract investor interest, driven by factors like SIPs and growing confidence in certain equity fund categories.

Nippon India Balanced Advantage Fund announces Income Distribution cum Capital Withdrawal (IDCW)
11-Oct-2024 ( 09:48 )
Nippon India Mutual Fund has announced 15 October 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ' IDCW payout and direct plan ' IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.

Motial Oswal MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
10-Oct-2024 ( 09:21 )
Motilal Oswal Mutual Fund has announced 14 October 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following schemes. The Quantum of IDCW on the face value of Rs 10 per unit will be:

Motilal Oswal Balance Advantage Fund ' Regular Plan ' Quarterly IDCW Option: Rs 0.22

Motilal Oswal Balance Advantage Fund ' Direct Plan ' Quarterly IDCW Option: Rs 0.24

Tata AMC launches Nifty Capital Markets Index fund
09-Oct-2024 ( 14:41 )
Tata Mutual Fund has announced the launch of the Tata Nifty Capital Markets Index Fund, a new fund offer (NFO) that aims to provide investors with returns commensurate with the performance of the Nifty Capital Markets Index (TRI).

The NFO for the fund is open for subscription from 7 October to 21 October 2024. The scheme will then reopen for continuous sale and repurchase on 30 October 2024.

The fund will be managed by Kapil Menon. Investors can enter the fund with a minimum investment of Rs 5,000 during the NFO. An exit load of 0.25% will be applicable if units are redeemed within 15 days from allotment.

The Tata Nifty Capital Markets Index Fund will hold a maximum of 20 stocks from the parent Nifty 500 Index, representing various capital market businesses including exchanges, depositories, stockbroking, and financial products distribution. The weight of each stock in the index is based on its free-float market capitalization.

According to NSE data, the Nifty Capital Markets index delivered a return of 104.78% over the past year and a compounded annual growth rate (CAGR) of 34.80% over the past five years.

The top constituents of the Nifty Capital Markets Index are BSE, HDFC Asset Management Company, Multi Commodity Exchange of India, Central Depository Services (India), and Computer Age Management Services, which together make up over 60% of the index's portfolio.

Tata Equity P/E Fund announces Income Distribution cum Capital Withdrawal (IDCW)
08-Oct-2024 ( 09:22 )
Tata Mutual Fund has announced 10 October 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the IDCW option of Tata Equity P/E Fund. The amount of IDCW on the face value of Rs 10 per unit will be:

Tata Equity P/E Fund - Regular Plan ' IDCW Trigger ' Option A (5%): Rs 1.74

Tata Equity P/E Fund - Direct Plan ' IDCW Trigger ' Option A (5%): Rs 1.92

Kotak Mahindra Mutual Fund announces change in Exit Load Structure
08-Oct-2024 ( 11:59 )
Kotak Mahindra Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 08 October 2024

Change in Exit Load:

Name of the Scheme Existing Load Structure Revised Load Structure
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund ' For redemption / switch-out of units on or ' before 180 days from the date of allotment: 0.25% of applicable NAV.
' For redemption / switch-out of units after ' 180 days from the date of allotment ' Nil
Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme.
Units issued on reinvestment of IDCW shall not be subject to entry and exit load.
No exit load will be chargeable in case of No switches made between different plans/options of the scheme.
The AMC reserves the right to change / modify The the Load structure the Scheme, subject to the maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time. 		' For redemption / switch-out of units on or before 30 days from the date of allotment: 0.25% of applicable NAV.
' For redemption / switch-out of units after 30 days from the date of allotment ' Nil
Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load.
No exit load will be chargeable in case of switches made between different plans/options of the scheme.
The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

Sundaram MF announces change in Fund Manager of the following schemes
07-Oct-2024 ( 10:59 )
Sundaram Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 04 October 2024

Change in Fund Managers of the Schemes:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Sundaram Aggressive Hybrid Fund Bharath S
Sandeep Agarwal (Debt)
Dwijendra Srivastava (Debt) 		Bharath S
Clyton Richard Fernandes
Sandeep Agarwal (Debt)
Dwijendra Srivastava (Debt)
Sundaram Balanced Advantage Fund Bharath S
Dwijendra Srivastava (Debt) 		Bharath S
Clyton Richard Fernandes
Dwijendra Srivastava (Debt)
Sundaram Multi Asset Allocation Fund Rohit Seksaria
Bharath S
Dwijendra Srivastava (Debt)
Sandeep Agarwal (Debt)
Arjun Nagarajan (Gold ETFs) 		Rohit Seksaria
Clyton Richard Fernandes
Dwijendra Srivastava (Debt)
Sandeep Agarwal (Debt)
Arjun Nagarajan (Gold ETFs)

Baroda BNP Paribas Arbitrage Fund announces Income Distribution cum Capital Withdrawal (IDCW)
04-Oct-2024 ( 09:22 )
Baroda BNP Paribas Mutual Fund has announced 08 October 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option of Baroda BNP Paribas Arbitrage Fund. The amount of IDCW on the face value of Rs 10 per unit will be:

Regular Plan ' Monthly IDCW Option: Rs 0.06

Direct Plan ' Monthly IDCW Option: Rs 0.06

<< < 123> >> 

Quick links

Close