Mutual Funds

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

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

#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…
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Bajaj Allianz Life Launches ‘Nifty 500 Multifactor 50 Index Fund’ for ULIP Customers

Bajaj Allianz Life Launches ‘Nifty 500 Multifactor 50 Index Fund’ for ULIP Customers

#BajajAllianzLife #BajajAllianzLifeULIPFund #BajajAllianzLifeNifty500Multifactor50IndexFund  #Nifty500Multifactor50IndexFund #ULIPCustomers #ULIPFUND   A New-Age Passive Strategy for Smarter Investing Chandigarh: In a move to bring smart, data-driven investing to policyholders, Bajaj Allianz Life, one of India’s leading private life insurers, has launched a new fund offering under its Unit-Linked Insurance Plan (ULIP) portfolio — the Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. The New Fund Offer (NFO) is open from 1st July to 14th July 2025, available exclusively through the company’s ULIP products. This innovative fund aims to offer investors a dual benefit: long-term capital appreciation through equity market exposure and the protection of life insurance coverage…
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Gaja Alternative Asset Management Files Confidential DRHP for IPO

Gaja Alternative Asset Management Files Confidential DRHP for IPO

#GajaAlternativeAMC #GajaAlternativeAMCIPO  #GajaAlternativeAMCDRHPSEBI #GajacapitalIPO #IPO  Chandigarh, India – In a significant development in India’s alternative investment landscape, Gaja Alternative Asset Management Limited, the entity operating under the well-known brand Gaja Capital, has filed a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), signaling its intention to launch an Initial Public Offering (IPO). The confidential filing, a route permitted under SEBI’s revised regulations for IPO-bound companies, allows firms to initiate the regulatory process discreetly and fine-tune their offering structure before launching it to the public. This IPO marks a major milestone for Gaja Capital,…
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Jio BlackRock Mutual Fund Debuts with Launch of Three Debt Schemes

Jio BlackRock Mutual Fund Debuts with Launch of Three Debt Schemes

#Jio #JioBlackRock  #JioBlackRockMutualFund  #JioBlackRockMF3DebtSchemes Chandigarh: Jio BlackRock Mutual Fund, the newly formed joint venture between Jio Financial Services and BlackRock, has officially entered the Indian mutual fund industry with the launch of its first three debt-oriented investment schemes. The firm’s initial offerings include the JioBlackRock Liquid Fund, JioBlackRock Money Market Fund, and JioBlackRock Overnight Fund. All three schemes are open-ended in nature and fall under the debt category, catering primarily to conservative investors seeking low-risk, short-duration investment options. The New Fund Offer (NFO) for all three schemes opens today, June 30, and will remain open for subscription until July 2, 2025.…
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Credila Financial Services Limited Files UDRHP-I with SEBI to Launch ₹5,000 Crore IPO

Credila Financial Services Limited Files UDRHP-I with SEBI to Launch ₹5,000 Crore IPO

#CredilaFinancialIPO #IPO  #CredilaFinIPOSEBI #CredilaFinIPO5000cr  #CredilaFinIPOSEBIUDRHP Chandigarh: Credila Financial Services Limited, a prominent Indian non-banking financial company (NBFC) specializing in education financing, has officially filed its Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI), signaling its intent to launch an Initial Public Offering (IPO) to raise capital totaling up to ₹5,000 crore. This upcoming public issue will consist of a fresh issuance of equity shares worth ₹3,000 crore, alongside an offer for sale (OFS) of shares valued at ₹2,000 crore, each with a face value of ₹10 per equity share. The Offer for Sale will…
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JioBlackRock Broking Secures SEBI Approval to Launch Brokerage Operations in India

JioBlackRock Broking Secures SEBI Approval to Launch Brokerage Operations in India

#JioBlackRock #JioBlackRockBroking #JioBlackRockSEBIApproval #JioBlackRockBrokerageOperations #JioBlackRockIndiaMilestone paves way for end-to-end, tech-driven investment ecosystem under the JioBlackRock banner Mumbai: In a major development set to further transform India’s digital investing landscape, JioBlackRock Broking Private Limited has received final approval from the Securities and Exchange Board of India (SEBI) to commence operations as a licensed brokerage firm. The broking arm is a wholly owned subsidiary of JioBlackRock Investment Advisers Private Limited, itself a joint venture between Jio Financial Services Limited (JFSL) and global asset management giant BlackRock Inc.. The SEBI nod marks the third and final regulatory approval required to fully activate the…
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SEBI Issues Clarification on Mutual Fund Portfolio Rebalancing Rules for Passive Breaches

SEBI Issues Clarification on Mutual Fund Portfolio Rebalancing Rules for Passive Breaches

#SEBI #SEBIClarificationMutualFund #SEBIMutualFund  #MFRebalancingRules New directive brings uniformity in compliance timelines across all types of breaches, reinforcing investor protection Mumbai: In a move aimed at reinforcing transparency and consistency in mutual fund operations, the Securities and Exchange Board of India (SEBI) on Thursday issued a clarification regarding the treatment of passive breaches in actively managed mutual fund portfolios. The clarification mandates that all passive breaches—irrespective of the cause—must be addressed within the same rebalancing timelines outlined in the SEBI Master Circular, specifically paragraph 2.9. Understanding Passive vs. Active Breaches In mutual fund portfolio management, a breach refers to a situation where…
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Union Mutual Fund Launches Low Duration Fund Targeting Short-Term Investors Amid Dynamic Rate Environment

Union Mutual Fund Launches Low Duration Fund Targeting Short-Term Investors Amid Dynamic Rate Environment

#UnionMutualFund  #NFO  #UnionMFNFO #UnionMFLowDurationFund #UnionMFShortTerminvestors #UnionMFRateEnvironment Chandigarh: Union Mutual Fund has announced the launch of its latest fixed income offering—Union Low Duration Fund, an open-ended debt scheme tailored to investors seeking short-term capital allocation opportunities. The New Fund Offer (NFO) opens on June 26 and will remain available for subscription until July 10, 2025. This newly launched scheme aims to provide investors with a low-risk, short-duration debt investment option with a Macaulay duration between 6 to 12 months. In an environment where interest rate movements are increasingly volatile, this fund is positioned as a smart, flexible, and structured solution for those looking to…
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ICICI Prudential Mutual Fund Expands Footprint with First Branch in Moga, Punjab

ICICI Prudential Mutual Fund Expands Footprint with First Branch in Moga, Punjab

#ICICIPrudentialMFund #ICICIPrudentialMFundMoga  #ICICIPruMFMogaFirstBranch  #ICICIPruMFundPunjabNew Moga, Punjab – In a significant move to strengthen its presence in North India, ICICI Prudential Mutual Fund (ICICI Pru MF)—one of India’s largest and most trusted mutual fund houses—has inaugurated its first branch in Moga, Punjab. The new office is located at SCF 33, Ground Floor, Improvement Trust, Scheme No. 3, GT Road, Moga, Punjab 142001. The inauguration ceremony marked a key milestone in ICICI Prudential MF’s commitment to expanding its reach and providing accessible investment solutions to investors across Tier-II and Tier-III cities. The branch was formally inaugurated by Baljit Singh, Regional Head – Moga,…
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Mahindra Manulife Mutual Fund Launches BFSI Sectoral Fund Amid Rising Financialization and Market Optimism

Mahindra Manulife Mutual Fund Launches BFSI Sectoral Fund Amid Rising Financialization and Market Optimism

#MahindraManulifeMF  #MutualFund  #MahindraManulifeMFBFSISectoralFund  #MahindraManulifeMFMarketOptimism Chandigarh – In a strategic move to capitalize on India’s growing financial services ecosystem, Mahindra Manulife Mutual Fund has announced the launch of the Mahindra Manulife Banking and Financial Services Fund, an open-ended equity scheme focused exclusively on the Banking, Financial Services, and Insurance (BFSI) sector. The New Fund Offer (NFO) opens on June 27 and closes on July 11, with the scheme set to reopen for continuous sale and repurchase from July 21. The fund is designed to provide long-term capital appreciation by investing in a portfolio of equity and equity-related instruments of companies operating…
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