Tue, Dec 10, 2024
New Fund Offer: The fund house says that AMC will calculate and disclose the first NAV within 5 business days from the date of allotment.
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The asset management company (AMC) claims the ETF to be the first of its kind in India, aiming to capitalise on the trend of investing and wealth creation combined with the insurance sector.
Tue, Nov 26, 2024
DSP Mutual Fund is offering direct and regular plans, and the growth and income distribution cum capital withdrawal (IDCW) – payout and reinvestment options in its business cycle fund.
Wed, Oct 30, 2024
Capital market regulator SEBI has proposed several new rules related to new fund offers (NFOs). It has proposed that the final scheme document should be made public two days prior to the NFO launch.
Tue, Oct 15, 2024
Mirae Asset Mutual Fund introduces the Mirae Asset Gold ETF Fund of Fund, offering investors exposure to domestic gold prices. Discover key benefits, NFO details, and how this fund can diversify your portfolio.
Fri, Sep 20, 2024
The scheme aims to provide a diversified portfolio of companies that come under the ambit of manufacturing theme, including automobiles, pharmaceuticals, chemicals, heavy engineering products, metals, shipbuilding, and petroleum products, among others, LIC said.
Fri, Aug 02, 2024
HDFC Nifty500 Multicap 50:25:25 Index Fund: The NFO is open from August 6th to August 20th, 2024, providing diversification across large, mid, and small-cap stocks with a unique quarterly reset mechanism.
Tue, Jul 09, 2024
NFO offer: Tata Nifty India Tourism Index Fund is open from July 8 to July 29. The minimum application amount during NFO for the fund is Rs 5,000 and in multiple of Rs 1 thereafter.
Thu, Jun 27, 2024
New Fund Offer: The fund that falls in the ETF mutual fund category will track the domestic price of silver (based on London Bullion Market association (LBMA) Silver daily spot fixing price.
Wed, Jun 26, 2024
Mutual Fund NFO: Axis Nifty 500 Index Fund is an open-ended index fund tracking Nifty 500TRI. Investors will get an opportunity to invest in the top 500 companies of India listed on the National Stock Exchange (NSE).
Sat, Jun 22, 2024
It will be necessary to make it clear in all advertisements that the bonus or past performance or return of the product / plan cannot be considered a future guarantee.
Wed, May 08, 2024
Mutual Fund NFO: The very high risk retirement fund scheme's objective is to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments with a view to provide a retirement solution to investors.
Sat, May 04, 2024
New fund offer (NFO) news, Mirae NFO launch date: Mirae Asset Mutual Fund has announced the launch of the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF and the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund. The NFO for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF NFO will open for subscription on May 6 and close on May 17, and that for the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF fund of funds will open for subscription on May 10 and close on May 24.
Fri, Apr 26, 2024
HDFC Mutual Fund NFO: This is an open ended scheme. HDFC mutual fund house says that this scheme can be helpful in long term capital appreciation.
Tue, Feb 20, 2024
NFO Alert: Mahindra Manulife Mutual Fund on Tuesday (February 20, 2024) started the subscription for its multi asset allocation fund. The open ended fund is a hybrid fund with its benchmark as 45% NIFTY 500 TRI+40% CRISIL Composite Bond Index+10% Domestic Price of Physical Gold+5% Domestic Price of Silver (First Tier Benchmark). The subscription for the fund ends on March 5, 2024. Know more details about the fund.
Wed, Feb 07, 2024
The NFO or new fund offer of Bank of India Multi Asset Allocation Fund opens today for subscription. For the unversed, NFO is similar to an IPO, wherein investors can invest in the investment option via the new fund offer route. The NFO for the scheme shall run until February 21, 2024.
Wed, Jul 19, 2023
NFO: When a mutual fund scheme is made available for investment for the first time, it is called 'New Fund Offer' (NFO). The objective of an NFO is to raise sufficient initial funds so that the fund manager of that mutual fund scheme can build a portfolio based on the investment objectives of the scheme. Thus, there are SEBI regulations on how much the proposed new fund has to deposit during the NFO. As per the rules, the minimum subscription amount of debt-oriented and balanced hybrid schemes at the time of NFO should be at least Rs.20 crores and for other schemes at least Rs. 100 million.
Sat, Jan 28, 2023
The NFO (New Fund Offer) has opened for subscription from January 27, 2023 and shall remain open till 10 February 2023. This is an open-ended fund, which means investors can withdraw money whenever they need it from NFO.
Wed, Jan 04, 2023
What is NFO? Is it right to invest in NFO? What should be the strategy to invest in NFO? What are the benefits of New Fund Offer (NFO)? Watch our special show - 'Money Guru Aatmanirbhar Nivesh' with Swati Raina.
Tue, Oct 04, 2022
LICMF Multicap Fund would invest a minimum of 25 per cent each in Large, Mid and Small Cap stocks, with the balance of 25 per cent providing flexibility to the fund manager to invest across market capitalization
Mon, Mar 21, 2022
ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Housing Opportunities Fund, it said in a media release.
Fri, Oct 15, 2021
Inflows into equity funds remained low for a second consecutive month at Rs 2,100 crore in September 2021, compared to Rs 1,800 crore recorded in August against Rs 6000-9000 range since March 2021, data from ICICIdirect report showed.
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