Those covered by public pension insurance will be allowed to open private pension accounts and invest up to 12,000 yuan
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
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