Index Funds

Sectoral indices remain a top choice among Index funds, with a marked preference for Indian sectoral indices over commodities and smart beta funds among younger and middle-aged investors, said the sur

This week we write about how to get a loan as availability norms harden and how to select momentum index funds

Inflows via SIP cross Rs 1,000 cr; Share in total SIP inflows nears 5%

he New Fund Offer (NFO) for Mirae Asset Nifty 50 Index Fund and Mirae Asset Nifty LargeMidcap 250 Index Fund open on October 10, 2024, and closes on October 18, 2024.

Scheme will follow passive strategy to leverage the top 30 momentum stocks from the Nifty 200 Total Return Index

Index funds add 1 million folios in July, 14% of total additions

Investors seeking greater diversification in their portfolios may consider equal-weight indices

Funds tracks Nifty500 Multicap 50:25:25 Total Returns Index, offering exposure across large, mid, and smallcap stocks

Data from the Association of Mutual Funds in India (Amfi) pegs the index fund retail accounts or folios at 7.2 million in March 2024

The index funds category assets were at a record high of Rs 2.43 lakh crore as of June 2024, and has seen a surge of nearly 900% in assets in the past three years.

The fund aims to provide capital appreciation by investing in equities that are part of the Nifty Alpha 50 Index

The fund will invest in India's largest 500 companies listed on the NSE

Nifty100 Low Volatility 30 Index Fund targets large-cap low-volatility stocks within the NIFTY 100 Low Volatility 30 Index

India's inclusion in global bond indices was discussed for nearly a decade before the inclusion in the widely tracked JP Morgan index was finally announced last September

Equity schemes saw the highest growth in open-ended schemes year-on-year, with an increase of 52 schemes. A significant portion of this growth (nearly 34 schemes) came from thematic funds

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SebI has increased the group/sponsor level exposure limit for passive funds from 25% to 35%.

The Nifty Non-Cyclical Consumer Index Fund is a type of mutual fund that aims to generate long-term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index

Their costs and expense ratios are typically lower compared to actively managed funds

Axis Mutual Fund on Tuesday announced the launch of a new fund from which it targets to collect at least Rs 100 crore during the primary subscription period. The Axis Sensex index fund is an open-ended scheme tracking the S&P BSE Sensex, and opens on February 8 and closes on 22nd. Considering the wide spectrum of sectors and the largest companies the index covers, it offers investors a diversified portfolio and an opportunity to participate in the growth story of various sectors with a single index, said B Gopkumar, MD & CEO. On the rationale behind the fund, he said passive investing is becoming more and more acceptance today and the new fund recognises the need to provide an investment option that aligns with the evolving preferences of today's investors. Ashish Gupta, Chief Investment Officer told PTI that the fund house is targetting to raise at least Rs 100 crore during the subscription period.