Mutual Funds

GIFT Nifty Sets an All-Time High Monthly Turnover of US $102.35 billion for the Month of May 2025

GIFT Nifty Sets an All-Time High Monthly Turnover of US $102.35 billion for the Month of May 2025

#GIFTNiftyTurnover  #GIFTNifty102billionUSD Chandigarh: GIFT Nifty, which stands as a new benchmark to the growth story of Indian equity market, recorded a new milestone and has added yet another feather in its cap in terms of achieving All-Time High Monthly Turnover of US $102.35 billion in the month of May 2025. This remarkable feat surpasses its previous record of US $100.93 billion set in April 2025. This milestone reflects the growing global interest and trust in the GIFT Nifty as a benchmark for the India’s growth story.  We are glad to witness the success of GIFT Nifty and express our sincere…
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PNB Housing Finance Celebrates Academic Excellence of Future Women Leaders with Scholarships for Students of Miranda House

PNB Housing Finance Celebrates Academic Excellence of Future Women Leaders with Scholarships for Students of Miranda House

#PNBHousingFinance   #PNBHFMirandaHouse ·         Awards scholarships to 186 students from economically weaker sections to pursue higher education opportunities Chandigarh: PNB Housing Finance, a leading housing finance company in India, through its CSR arm Pehel Foundation, awarded scholarships to 186 students of Miranda House, to support their dreams of pursuing higher education. As part of its commitment to fostering equitable education, the Company recognized the academic merit and resilience of these students from economically weaker sections, to enable them to complete their undergraduate studies across diverse streams, including science and humanities. The initiative underscores PNB Housing Finance’s mission to empower young women…
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IPO Listings: शेयर बाजार: 10 नई लिस्टिंग कुछ नए आईपीओ आएंगे

IPO Listings: शेयर बाजार: 10 नई लिस्टिंग कुछ नए आईपीओ आएंगे

#IPOListings  #BSENSEIPO Mumbai:  पिछले सप्ताह की उठा पटक के बाद प्राइमरी मार्केट में इस सप्ताह हलचल रहेगी  क्योंकि मेनबोर्ड सेगमेंट बिना नए आईपीओ लॉन्च के साथ शांत हो जाएगा, जबकि एसएमई सेक्शन में अगले सप्ताह से शुरू होने वाले एकल नए आईपीओ की लिस्टिंग का काम 2 जून से शुरू होगा। गंगा बाथ फिटिंग 4 जून को अगले सप्ताह डलाल स्ट्रीट को मारने वाली एकमात्र नई आईपीओ है, जिसमें एसएमई सेगमेंट से 46-49 रुपये प्रति शेयर की कीमत बैंड है। कंपनी आईपीओ के माध्यम से 32.65 करोड़ रुपये जुटाने का इरादा रखती है, और यह प्रस्ताव 6 जून को बंद…
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SBI Mutual Fund: 10 वर्षों में सबसे ज़्यादा SIP रिटर्न देने वाले टॉप 5 एसबीआई म्यूचुअल फंड

SBI Mutual Fund: 10 वर्षों में सबसे ज़्यादा SIP रिटर्न देने वाले टॉप 5 एसबीआई म्यूचुअल फंड

#SBIMutualFund  #SBITOPFunds  #SBIMutualFundstop5 Chandigarh: चंडीगढ़: एसबीआई म्यूचुअल फंड के एसबीआई टेक्नोलॉजी ऑपर्च्युनिटीज फंड - ने इस अवधि के दौरान SIP निवेश पर 21% से ज़्यादा वार्षिक रिटर्न दिया है। बीते दस सालों में एसआईपी SIP रिटर्न के आधार पर 5 बेस्ट एसबीआई म्यूचुअल फंड इक्विटी स्कीम को लेकर पाठकों के प्रश्नों का उत्तर देने का प्रयास इस आर्टिकल में किया गया है। एसबीआई म्यूचुअल फंड भारत की सबसे बड़ी एसेट मैनेजमेंट कंपनी है जो वर्तमान में 125 से ज़्यादा म्यूचुअल फंड स्कीम में फैले 11 लाख करोड़ रुपये से ज़्यादा के एसेट अंडर मैनेजमेंट (AUM) का प्रबंधन करती है। पिछले…
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New NFO: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF

New NFO: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF

#GrowwNifty500LV50ETF Chandigarh: The ETF will track the Nifty 500 Low Volatility 50 Total Return Index. This index picks 50 stocks with the lowest volatility from the broader Nifty 500 index. Groww Mutual Fund has launched a new exchange-traded fund (ETF) — the Nifty 500 Low Volatility 50 ETF — to offer investors a way to gain from stable, low-volatility stocks. The new fund offering (NFO) opened on July 29, 2024, and will close on August 2, 2024. The ETF will track the Nifty 500 Low Volatility 50 Total Return Index. This index picks 50 stocks with the lowest volatility from…
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Franklin Templeton to rename Multi-Asset Fund to Income Plus Arbitrage FoF from July 4

Franklin Templeton to rename Multi-Asset Fund to Income Plus Arbitrage FoF from July 4

#FranklinTempletonrenameMAFund #FranklinTempletonIncomePlusArbitrage Mumbai: The scheme will also change its investment strategy. It will now primarily invest in debt-oriented and arbitrage mutual fund schemes. Earlier, it followed a multi-asset approach, investing in equity, debt, and gold-linked funds. Franklin Templeton Mutual Fund will change the fundamental attributes of its Franklin India Multi-Asset Solution Fund of Funds (FoF). Starting July 4, 2025, the fund will be renamed Franklin India Income Plus Arbitrage Active FoF. The scheme will also change its investment strategy. It will now primarily invest in debt-oriented and arbitrage mutual fund schemes. Earlier, it followed a multi-asset approach, investing in equity,…
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NFO: ICICI Prudential launches quality factor index fund will remain open till June 4

NFO: ICICI Prudential launches quality factor index fund will remain open till June 4

#NFOICICI  #ICIPruqualityfundJune4 Chandigarh: ICICI Prudential MF has launched ICICI Prudential Nifty200 Quality30 index Fund, an open- ended index fund tracking the Nifty200 Quality30 index. This New index fund will remain open till June 4, 2025. The Nifty 200 Quality 30 index includes top 30 companies from its parent Nifty 200 index, selected based on their ‘quality’ scores. The score is determined through return on equity (ROE), debt/equity ratio and earnings growth over the previous 5 years. Abhijit Shah, Chief Marketing and Digital Business Officer, ICICI Prudential MF, said, “Through this product, we aim to offer investors a scheme that brings…
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ICICI Prudential Mutual Fund House Inaugurates its first branch in Bhiwani

ICICI Prudential Mutual Fund House Inaugurates its first branch in Bhiwani

#ICICIPRUAMCBhiwani Bhiwani: ICICI Prudential Mutual Fund, one of India’s leading fund house, on May 28th, 2025, inaugurated its first branch in Bhiwani at DSB 22 Panchayat Pocket, Urban Estate Bhiwani, Haryana -127021. The branch was formally inaugurated by Vipul Ghai, Regional Head - Retail Sales & Distribution - Punjab, Haryana, H.P. & J&K and Gaurav Bhardwaj, Cluster Head – Haryana, ICICI Prudential MF. Also present at the inauguration were Pawan Kumar, Cluster Head - Haryana, and other staff members of IPRU MF. Speaking on the occasion, Mr. Vipul Ghai, Regional Head - Retail Sales & Distribution - Punjab, Haryana, H.P.…
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Monthly SIP of Rs 10,000 amounting to Rs 29.9 lakhs would have grown to Rs 1.6 crores in 25 years

Monthly SIP of Rs 10,000 amounting to Rs 29.9 lakhs would have grown to Rs 1.6 crores in 25 years

#ABSLBalancedAdvantageFund  #ABCLWealthCreationStudy #ABCLStudy Lumpsum of Rs 1 lakh would have grown to over Rs 10.3 lakhs in 25 years Chandigarh: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has reported that Aditya Birla Sun Life Balanced Advantage Fund generated more than Rs 1.6 crores with a monthly systematic investment plan…
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JioBlackRock Asset Management receives SEBI approval for mutual funds business

JioBlackRock Asset Management receives SEBI approval for mutual funds business

Mumbai: Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock [NYSE: BLK], has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as a n investment manager for their mutual fund business in India. JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India. The asset management company will seek to leverage the unique strengths of its two sponsors: JFSL’s digital reach…
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