Shares Archives - Page 61 of 98

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…

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

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…

02 Jul

ICICI Home Finance Announces Revised Interest Rates on Deposits Effective July 1, 2025

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#ICICIHomeFinance #ICICIHomeFinRevisedInterestRates #ICICIHomeFinnewrates Chandigarh: ICICI Home Finance has revised the interest rates on its fixed deposits (FDs), effective from July 1, 2025. The new rates apply to both cumulative and non-cumulative deposit schemes for the general public. The revised rates for fixed deposits with a tenure of 39 months and 45 months are as follows: · For the 39-month tenure, the interest rate for cumulative deposits is 7.20%, while non-cumulative deposit options offer up to 7.80%. · For the 45-month tenure, cumulative deposit rates stand at 7.30%, with non-cumulative deposit options offering 8.06%. Additionally, senior citizens are offered a 0.35%…

01 Jul

Upgrade Your Wardrobe at Fashion Factory’s “Unbranded to Branded Exchange Festival”-Till July 20

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#FashionFactory #FashionFactoryRIL #FashionFactoryExchangeFestival #FashionFactoryExchangeFestJuly20 Mumbai: If your wardrobe needs a refresh, now’s the perfect time. Fashion Factory, a popular fashion retail format by Reliance Retail, has launched its much-awaited Branded Exchange Festival, inviting shoppers across India to exchange their old, unbranded clothing for discounts on stylish branded fashion. Running from 1st to 20th July 2025, the festival offers shoppers an innovative opportunity: exchange old, unbranded clothes and get rewarded with instant coupons—plus discounts on leading fashion brands. How the Exchange Works The concept is simple and smart: bring your used, unbranded clothes — such as denims, shirts, t-shirts, or kidswear — to…

01 Jul

GST Collections Rise 6.2% YoY in June to ₹1.85 Trillion, But See Dip from May and April Highs

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#GST #GSTIndia #GSTCollectionsupinJune New Delhi: India's Goods and Services Tax (GST) collections for June 2025 stood at ₹1.85 trillion, representing a 6.2% increase compared to the same month last year, according to official data released by the Ministry of Finance. Despite this year-on-year growth, June’s GST revenue reflects a decline from the previous two months. In May 2025, collections reached ₹2.01 trillion, while April recorded an all-time high of ₹2.37 trillion as businesses rushed to close their financial year obligations. Breaking down the figures: Domestic transactions contributed around ₹1.38 trillion to the June total, a 4.6% rise from June 2024.…

01 Jul

Gaja Alternative Asset Management Files Confidential DRHP for IPO

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#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,…