Archive for admin

DSP BSE Sensex Next 30 ETF NFO

DSP BSE Sensex Next 30 ETF NFO

Mutual Fund DSP Mutual Fund
Scheme Name DSP BSE Sensex Next 30 ETF
The investment objective of the Scheme is to generate returns that are
commensurate with the performance of the BSE SENSEX Next 30 Index,
subject to tracking error.
There is no assurance that the investment objective of the Scheme will be achieved.
Objective of the Scheme
Scheme Type Open Ended
Scheme Category ETF
Benchmark Index BSE Sensex Next 30 TRI
Fund Manager Mr Anil Ghelani, Mr Dipesh Shah
New Fund Launch Date 10th January 2025
New Fund Offer Closure Date 24th January 2025
Indicate Load Separately
Minimum Subscription Amount Rs 5000

Read more

ICICI Prudential Rural Opportunities Fund NFO

ICICI Prudential Rural Opportunities Fund NFO

Mutual Fund ICICI Prudential
Scheme Name ICICI Prudential Rural Opportunities Fund
The scheme seeks to generate long term capital appreciation by in ivesting in Equity & Equity related instruments of companies following Rural and/or allied theme
Objective of the Scheme
Scheme Type Open Ended
Scheme Category Equity thematic
Benchmark Index Nifty Rural TRI
Fund Manager Priyanka Khandelwal
New Fund Launch Date 9th January 2025
New Fund Offer Closure Date 23rd January 2025
Indicate Load Separately 1% for redemption within 12 months
Minimum Subscription Amount Rs 5000

 

Read more

Sectoral and Thematic Mutual Funds Explained : Day 11

Sectoral and Thematic Mutual Funds Explained : Day 11

In the world of mutual funds, sectoral and thematic funds have gained popularity for offering high-return potential while focusing on specific sectors or themes. These funds are ideal for investors seeking to capitalize on emerging trends, market cycles, or sector-specific opportunities. However, they come with their unique risks and characteristics. Sectoral and Thematic Mutual Funds


What Are Sectoral and Thematic Mutual Funds?

  1. Sectoral Mutual Funds
    Sectoral funds invest exclusively in companies belonging to a specific sector, such as technology, healthcare, banking, or energy. For instance, a banking fund focuses on financial institutions like banks and NBFCs (Non-Banking Financial Companies).
  2. Thematic Mutual Funds
    Thematic funds follow broader investment themes that may cut across multiple sectors. For example:
  • ESG Funds: Focus on companies adhering to environmental, social, and governance criteria.
  • Infrastructure Funds: Invest in businesses involved in construction, engineering, and allied industries.

Both types of mutual funds aim to leverage the growth potential of specific industries or themes, offering higher returns compared to diversified equity funds. Read more

ELSS (Equity Linked Savings Schemes) for Tax Savings – Day 10

ELSS (Equity Linked Savings Schemes) for Tax Savings – Day 10

Equity Linked Savings Schemes (ELSS) are one of the most popular investment options among taxpayers in India. Offering the dual benefits of tax savings and wealth creation, ELSS has become a go-to option for investors looking to maximize returns while reducing their tax liability.

In this blog, we will explore what ELSS is, how it works, its benefits, and why it stands out among other tax-saving instruments under Section 80C of the Income Tax Act.

ELSS (Equity Linked Savings Schemes) for Tax Savings

Read more

Motilal Oswal Arbitrage Fund New Fund Offer NFO

Motilal Oswal Arbitrage Fund New Fund Offer NFO

Mutual Fund Motilal Oswal Mutual Fund
Scheme Name Motilal Oswal Arbitrage Fund
Objective of Scheme The primary investment objective of the scheme is to generate long term growth of capital by predominantly investing in arbitrage opportunities present between the cash and derivate markets, as well as within the derivative segment, complemented by investments in debt securities and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
Scheme Type Open Ended
Scheme Category Hybrid Scheme – Arbitrage Fund
New Fund Launch Date 16-Dec-2024
New Fund Earliest Closure Date
New Fund Offer Closure Date 19-Dec-2024
Indicate Load Seperately Entry Load: Nil Exit Load: 0.25% – If redeemed within 30 days from the day of allotment. Nil – If redeemed after 30 days from the date of allotment.
Minimum Subscription Amount Rs. 500/- and in multiples of Re. 1/- thereafter.

Read more