The FinTech Hub
Source: Live Mint Motilal Oswal Mutual Fund has launched a new arbitrage fund with a unique zero-expense offer for the first year. The New Fund Offer (NFO) is open for subscription from 16-19 December. This offer is exclusively available for direct plans, catering to investors who prefer the direct investment route. What are arbitrage funds? …
Source: Live Mint SBI Mutual Fund has introduced a new fund offer (NFO) on December 4 called SBI Quant Fund. It is an open-ended equity scheme following a Quant-based investing theme and will be benchmarked against the BSE 200 TRI. The scheme will stay open for investors until December 18 and will reopen for continuous…
Source: Live Mint The proposal mandates asset management companies (AMCs) to allocate funds within 30 days of NFO closure, with a possible 30-day extension upon committee approval. The market regulator’s objective is to enhance transparency and safeguard investor interests by reducing fund idle time and ensuring alignment with stated asset allocations. Why Sebi is setting…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 4:46 PM IST Bandhan Mutual Fund on Monday launched two new index funds, the Bandhan Nifty 500 Value 50 Index Fund and the Bandhan Nifty 500 Momentum 50 Index Fund. These open-ended schemes will track the Nifty 500 Value 50 Index…
Source: Business Standard Illustration: Binay Sinha 5 min read Last Updated : Oct 11 2024 | 3:21 PM IST WhiteOak Capital Mutual Fund on Friday launched a new thematic fund called ‘WhiteOak Capital ESG Best-in-class Strategy Fund’, an open-ended equity scheme that invests in companies following the Environment, Social and Governance (ESG) theme. …
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 24 2024 | 3:41 PM IST Tata AIA Life Insurance Co. Ltd. (Tata AIA) has launched a fund as part of its unit-linked insurance offering. Tata AIA NIFTY Alpha 50 Index Fund will invest in stocks that comprise the Nifty Alpha 50…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25792808/ai_label_3.png?w=400&resize=400,250&ssl=1 "Google’s Whisk AI generator will ‘remix’ the pictures you plug in")