Mutual Funds Archives - Page 35 of 55

26 Jun

Aditya Birla Capital Digital (ABCD) App Breach: ₹1.95 Cr of Digital Gold Illegally Sold—Flaw Patched, Investigation Underway

MFNewsBreaking News, Mutual Funds, Opinions, Shares, Technology

#AdityaBirlaCapitalDigital #ABCDAppBreach #ABCDDigitalGoldSold #ABCDAppFlaw Mumbai: In a disturbing cyber-attack reported from Mumbai’s Prabhadevi area, an unidentified hacker infiltrated the Aditya Birla Capital Digital Limited (ABCD) mobile app and illicitly sold digital gold worth approximately ₹1.95 crore from the accounts of 435 customers, according to official company statements. How the Breach Came to Light The fraud surfaced in early June 2025 following a rash of customer complaints. Users discovered unauthorized sales of their digital gold holdings and reached out to the ABCD support helpline. Many customers also voiced concerns on social media, drawing attention to the breach. Alarmed by the scale…

25 Jun

Bajaj Finserv AMC Launches Small Cap Fund to Tap Growth, Value, and Quality Opportunities

MFNewsBrands, Breaking News, Mutual Funds, Opinions, Shares, Technology

#BajajFinservAMC #BajajAMCSmallCapFund #BajajFinservGrowthValueFund #BajajFundQuality Chandigarh: Bajaj Finserv Asset Management Company (AMC) has announced the launch of its new equity scheme — the Bajaj Finserv Small Cap Fund, an open-ended fund focused on small-cap stocks. The fund aims to offer investors a diversified exposure to smaller companies with high growth potential, quality financials, and attractive valuations. The New Fund Offer (NFO) opens for subscription on June 27, 2025, and will close on July 11, 2025. This latest offering comes at a time when the broader market has seen a notable correction in small-cap stocks, making them more appealing from a valuation…

25 Jun

ICICI Prudential Life Launches Market-Linked Insurance Plan Tailored for India’s Youth

MFNewsBrands, Breaking News, Business, Health, Insurance, Mutual Funds, Shares, Travel

#ICICIPrudentialLife #ICICIPruMarketLinkedPlan #ICICIPrudentialLifeYouthPlan Chandigarh, June 25, 2025: In a strategic move to tap into India’s growing base of young investors, ICICI Prudential Life Insurance has unveiled the ICICI Pru Smart Insurance Plan Plus, a market-linked life insurance product designed to empower the youth to begin their financial journeys early with affordable, tax-efficient, and flexible wealth-building options. Targeted at first-time earners and young professionals, the plan combines the benefits of market-linked investments with life insurance protection, making it a compelling option for those seeking long-term financial growth and security. With a minimum premium starting at just ₹1,000 per month, the product…

24 Jun

Bandhan Innovation Fund Delivers Over 20% Return in First Year, Outperforms Benchmark Nifty 500 TRI

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares

#BandhanMF #BandhanMFInnovationFundReturn #BandhanMFOutperformsNifty500TRI Chandigarh: The Bandhan Innovation Fund has completed its first year since inception, making a notable mark in the mutual fund industry by delivering a 1-year return of 20.98% (Regular Plan) as of May 30, 2025. In doing so, it has significantly outperformed its benchmark index, the Nifty 500 Total Returns Index (TRI), which returned 9.05% over the same period. The fund has also impressed under its Direct Plan, returning a robust 22.89% in its first year. Since inception on April 30, 2024, the fund has delivered 20.26% CAGR under the Regular Plan and 22.18% CAGR under the…

24 Jun

SBI Mutual Fund Launches Nifty200 Momentum 30 Index Fund

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

#SBIMutualFund #SBIMF #SBINifty200Momentum30IndexFund #NFO #SBINewFund Targeting High-Momentum Stocks from Large and Mid-Cap Universe June 24, 2025 | Mumbai: SBI Mutual Fund, the largest asset management company in India, has announced the launch of its latest passive investment offering — the SBI Nifty200 Momentum 30 Index Fund. The open-ended index scheme seeks to mirror the performance of the Nifty200 Momentum 30 Index, offering investors exposure to a momentum-based investment strategy that blends large- and mid-cap equities. The New Fund Offer (NFO) for the scheme opens for subscription on June 23, 2025, and will remain open until July 3, 2025. Positioned as…

23 Jun

Zerodha Fund House Unveils Silver ETF Fund of Fund to Tap Rising Demand for Precious Metal

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

#Zerodha #ZerodhaFundHouse #ZerodhaSilverETFFundofFund #ZerodhaTapRisingSilver #Silver #SilverETF New Delhi: Zerodha Fund House has launched a new investment offering aimed at capitalizing on the growing industrial and strategic importance of silver. The newly introduced Zerodha Silver ETF Fund of Fund (FoF) is an open-ended mutual fund scheme that will primarily invest in the units of the Zerodha Silver Exchange-Traded Fund (ETF). The New Fund Offer (NFO) opens for subscription today and will remain open until July 4, 2025. This latest offering reflects Zerodha’s broader commitment to delivering simple, cost-effective, and transparent investment products to Indian investors. The Silver ETF FoF provides an…

21 Jun

Tata AIA Life Insurance Introduces Two New Equity Funds to Boost Wealth and Retirement Planning

MFNewsBrands, Business, Health, Insurance, Mutual Funds, Opinions

#TataAIALife #TataAIALifeInsurance #TATAAIALIFETwoNewEquityFunds #IPO #TATAFunds Investments open from June 23–30, 2025, during NFO period; Units priced at ₹10 each Chandigarh: Tata AIA Life Insurance has announced the launch of two new equity-oriented funds aimed at supporting long-term wealth accumulation and retirement planning: the Top 200 Alpha 30 Index Fund and the Top 200 Alpha 30 Index Pension Fund. Both funds will be available for investment during a New Fund Offer (NFO) period from June 23 to June 30, 2025, with units priced at ₹10 each. Investors can access these funds exclusively through Tata AIA’s unit-linked insurance plans (ULIPs). Targeting High-Growth…

21 Jun

Air India Expresses Solidarity and Ongoing Support Following 12 June Tragedy

MFNewsBreaking News, Business, Health, Insurance, Mutual Funds, Opinions, Technology

#AirIndia #AirIndiaExpressesSolidarity #AirIndiaSupport #AirIndia12JuneTragedy Chandigarh: Air India extends its deepest condolences to the families who lost their loved ones in the tragic accident that occurred on 12 June 2025. In this time of immense grief, Air India and its parent company, Tata Sons, stand in full solidarity with the bereaved families and reaffirm their unwavering commitment to providing comprehensive support and care. Interim Compensation and Centralised Helpdesk To address the immediate financial needs of the affected families, a centralised helpdesk has been operational since 15 June 2025. This dedicated single-window system is assisting families in processing claims for interim compensation of…

20 Jun

HDB FINANCIAL SERVICES LIMITED ₹ 12,500 CRORE IPO TO OPEN ON WEDNESDAY, JUNE 25, 2025

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares

#HDBFINANCIALIPO #IPO #HDBFINANCIALIPO12500CR #HDBFINANCIALIPOopenJUNE25 · Price Band fixed at ₹ 700 to ₹ 740 per Equity Share of face value of ₹ 10 each (“Equity Share”). · The Floor Price is 70 times the face value of Equity Shares and the Cap Price is 74 times the face value of the Equity Shares. Bid for 20 Equity Shares and in multiples of 20. · Bid /Offer will open on Wednesday, June 25, 2025 and close on Friday, June 27, 2025. The Anchor Investor Bidding Data Shall be Tuesday, June 24, 2025. Chandigarh: HDB Financial Services Limited (“HDB Financial” or “The Company”) shall…

20 Jun

Sambhv Steel Tubes Limited ₹540 crore Initial Public Offering to open on June 25, 2025

MFNewsBreaking News, Business, Mutual Funds, Opinions, Shares, Technology

#SambhvSteelTubes #SambhvSteelTubesIPO #IPO #SambhvSteelTubesIPo540crore #SambhvSteelTubesIPOJune25 · Price Band fixed at ₹ 77 to ₹ 82 per equity share of face value of ₹ 10 each (“Equity Share”); · Bid /Offer will open on Wednesday, June 25, 2025 and close on Friday, June 27, 2025. The Anchor Investor Bidding Date shall be Tuesday, June 24 , 2025 Chandigarh: Sambhv Steel Tubes Limited (“Sambhv” or the “Company”) shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Wednesday, June 25, 2025. The total offer size of Equity Shares aggregating up to ₹ 5400 million [₹ 540 crore]…