Blog - Page 111 of 202

03 Jul

Axis Mutual Fund Launches Axis Services Opportunities Fund to Harness India’s Services-Led Growth

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#NFO #AxisMutualFund #AxisMFServicesOpportunitiesFund #AxisServicesOpportunitiesFund #IndiaServicesLedGrowth Chandigarh: Axis Mutual Fund, one of India’s most prominent asset management companies, has introduced its latest thematic equity scheme — the Axis Services Opportunities Fund. With a focus on capturing India’s rapidly evolving services economy, the fund opens for subscription on July 4, 2025, and closes on July 18, 2025, under its New Fund Offer (NFO). This open-ended equity scheme seeks to invest in companies that are at the forefront of India's services-led transformation. By tapping into the country’s most dynamic and capital-efficient businesses, Axis AMC aims to offer long-term capital appreciation to investors through…

03 Jul

ICICI Prudential Mutual Fund Launches Nifty Private Bank Index Fund to Tap India’s Banking Growth Story

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#NFO #ICICIPruMFund #ICICIPruMFundNiftyPrivateBankIndexFund #NiftyPrivateBankIndexFund #IndiaBankingGrowthStory Chandigarh: ICICI Prudential Mutual Fund, one of India’s leading asset management companies, has launched a new open-ended index scheme—ICICI Prudential Nifty Private Bank Index Fund—targeted at investors seeking low-cost, rule-based exposure to the country’s thriving private banking sector. The New Fund Offer (NFO) opened on July 1, 2025, and will remain available for subscription until July 14, 2025. This latest offering seeks to replicate the performance of the Nifty Private Bank Total Return Index (TRI), comprising India’s top 10 private sector banks. The move underscores ICICI Prudential’s commitment to bringing accessible, cost-efficient investment options to…

03 Jul

Master Trust Seeks SEBI Approval to Launch Mutual Fund Business

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#MasterTrustMF #MasterTrustMFforMFundBusiness #MasterTrustSEBI Chandigarh: In a strategic move to deepen its presence in India’s booming financial services sector, Master Trust has formally applied to the Securities and Exchange Board of India (SEBI) for a mutual fund business license. The application was filed through Master Capital Services Limited, the flagship entity of the Master Trust Group, with a proposal to act as the sponsor of a new asset management company (AMC). This marks a significant expansion for the Chandigarh-headquartered financial services firm, which has been serving Indian investors for over four decades. With this development, Master Trust aims to establish itself…

03 Jul

Explore the Tranquil Charm of Rural Andhra at Club Mahindra Dindi

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#ClubMahindra #ClubMahindraRuralAndhra #AndhraRuralLife Chandigarh: Tucked away in the peaceful village of Dindi, in the lush green Konaseema region of Andhra Pradesh, lies a riverside haven where time seems to slow down. Club Mahindra Dindi offers a rare escape into India’s heartland, surrounded by coconut groves, paddy fields, and the gently flowing waters of the mighty Godavari River—India’s second-longest—just before it merges with the Bay of Bengal. This quiet retreat is home to only around 2,000 residents and 250 homes, giving visitors a taste of authentic village life far removed from the noise and rush of cityscapes. Once a coconut plantation,…

02 Jul

India’s ETF AUM Grows Over 5x in 5 Years; Retail Participation Surges 11-Fold: Zerodha Fund House Report

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#IndiaETFAUMGrows5xin5Years #ETF #IndiaETF #ZerodhaFundHouseReport #Zerodha Mumbai: Exchange-Traded Funds (ETFs) have emerged as a transformative force in India’s mutual fund landscape, witnessing explosive growth in both assets and investor participation over the past five years. According to a recent report published by Zerodha Fund House, the total Assets Under Management (AUM) in ETFs surged from ₹1.52 lakh crore in March 2020 to an impressive ₹8.38 lakh crore by March 2025—a growth of more than five times. This exponential rise has pushed ETFs to now account for approximately 13% of the Indian mutual fund industry’s total AUM, which stood at ₹65.74 lakh…

02 Jul

Invesco Mutual Fund Launches Income Plus Arbitrage Active Fund of Fund with Tax-Efficient Strategy

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#InvescoMutualFund #NFO #InvescoMFIncomePlusActiveFund #InvescoMFFOF #FOF #TaxEfficientStrategy Chandigarh: Invesco Mutual Fund has announced the launch of a new investment product—the Invesco India Income Plus Arbitrage Active Fund of Fund, a hybrid offering that seeks to provide investors with a low-risk, tax-efficient income solution by combining the stability of debt investments with the opportunities available in equity arbitrage. The fund is structured as an open-ended Fund of Fund (FoF), meaning it will invest primarily in other Invesco mutual fund schemes, rather than holding securities directly. The New Fund Offer (NFO) is currently open and will close on July 16, 2025. Investment Strategy…

02 Jul

360 ONE Asset Launches 360 ONE Overnight Fund – A Smart, Low-Risk Option for Managing Short-Term Surplus

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#NFO #360ONEAssetOvernightFund #360ONEAssetShortTermSurplus #360ONEAssetOvernightNFO NFO Open from July 1 to July 9, 2025 | Minimum Investment: ₹5,000 Chandigarh, July 1, 2025 – In a move to cater to investors seeking safe and liquid avenues for short-term capital deployment, 360 ONE Asset Management Limited (formerly IIFL Asset Management) has announced the launch of the 360 ONE Overnight Fund, an open-ended debt scheme investing exclusively in overnight securities. With the New Fund Offer (NFO) open from July 1 to July 9, 2025, this product is structured as a relatively low-risk, high-liquidity investment option, ideal for individuals, institutions, and corporates looking to park…

02 Jul

Škoda Auto India Records Highest-Ever Half-Yearly Sales, Crosses 36,000 Units in H1 2025

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#ŠkodaAutoIndia #ŠkodaIndiaHighestSales #ŠkodaIndiaSales36000Units #ŠkodaCarSales Chandigarh: Marking a milestone in its silver jubilee year in India, Škoda Auto India has achieved its highest-ever half-yearly sales, delivering 36,194 vehicles between January and June 2025. This historic performance not only reflects the brand’s growing resonance with Indian customers but also sets the tone for Škoda’s next phase of expansion in one of the world’s most dynamic automotive markets. The performance represents a substantial leap from its previous best of 28,899 units sold in H1 2022, reaffirming Škoda’s strong comeback in a competitive and evolving landscape. The automaker now ranks among the top seven…

02 Jul

Foodlink F&B Holdings Files IPO Draft with SEBI to Expand Global Culinary Footprint

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#IPO #FoodlinkFBHoldingsIPO #FoodlinkIPOdraftSEBI #FoodlinkFBHoldingsIPOSEBI Chandigarh: Foodlink F&B Holdings (India) Ltd, a premium food services and restaurant company, has officially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a key milestone in its growth journey as it prepares to raise funds through an Initial Public Offering (IPO). The proposed IPO will include a fresh issue of equity shares worth up to ₹160 crore and an offer for sale (OFS) of over 1.19 crore equity shares by the company's promoters and early investors. The equity shares are proposed to be listed on the…

02 Jul

Bank of Baroda Clinches Prestigious Gold Award at National MSME Impact Awards 2025

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#BankofBaroda #BankofBarodaGoldAward #BOBMSMEImpactAwards2025 #BOB #MSME #MSMEmpactAwards2025 Chandigarh: In a landmark recognition of its unwavering commitment to the growth and empowerment of India's Micro, Small and Medium Enterprises (MSME) sector, Bank of Baroda (BoB), one of India’s largest and most trusted public sector banks, has been conferred the Gold Award in the Public Sector Bank category at the National MSME Impact Awards 2025. The awards were organized by the India SME Forum, the country’s leading not-for-profit organization focused on promoting the interests of over 98,200 MSMEs, including more than 9,400 women-led enterprises. The award ceremony was held in New Delhi and…