Yes Mutual Fund is now White Oak Capital Mutual Fund Yes Asset Management’s name has been changed to White Oak Capital Asset Management with effect from January 12. Further, Yes Mutual Fund will now be called White Oak Capital Mutual Fund, Aashish P Sommaiyaa, Chief Executive Officer of White Oak Capital, announced on Thursday. He, […]
Read more..Edelweiss MF restricts inflows in IPO Fund Edelweiss Mutual Fund has decided to limit inflows in its Recently Listed IPO Fund. The decision comes after the scheme recently amassed assets with Rs 1,000 crore. Edelweiss Mutual Fund has decided to limit inflows in its Recently Listed IPO Fund. The decision comes after the scheme recently […]
Read more..Asia’s first crypto ETF to be launched in India Torus Kling Blockchain IFSC, an equal joint venture between financial management firm Kling Trading India and Cosmea Financial Holdings, is all set to launch Asia’s first cryptocurrency ETF, which will potentially go live by March 2022 in GIFT city. What is Crypto ETF ?? Crypto ETFs […]
Read more..ICICI MF tie up with US-based First Trust To launch ICICI Prudential Strategic Metal & Energy Fund of Fund ICICI Prudential AMC has joined hands with US-based First Trust, one of the world’s leading managers of ETFs and mutual funds. This would be India’s first overseas venture in the mutual fund industry Under this alliance […]
Read more..SIPs rocking !!! At a record high in December The share of Assets under Management of the funds linked to the SIPs reached a record 15% of the total AUM of the Mutual Fund industry in December 2021. The SIP AUM grew by 34.6% annually during last five years compared with the 18% growth in […]
Read more..Equity MFs receives net Rs 25077 crore in December Equity mutual funds ended 2021 on a strong note with record net inflows of Rs 25,076.71 crore in December, taking the net inflows for the year to Rs 96,669.97 crore, according to data from the Association of Mutual Funds in India (Amfi). This shows Indian investors […]
Read more..ICICI Prudential MF silver ETF opened for subscription on 5th January Leading Asset Management Company, ICICI Prudential Mutual Fund announced the launch of India’s first Silver ETF. Silver ETFs provide investors with exposure to silver. These funds track the price changes of silver, allowing investors to profit from price appreciation of the precious metal without […]
Read more..Strong performance by the equity markets and net inflows to equity schemes led to an increase in the assets size of the mutual fund industry. For the quarter ended December 31, 2021, the average assets under management (AAUM) of the sector stood at Rs 3617000 crore , growth of nearly 30 per cent over a […]
Read more..Be ready for higher volatility in 2022: Edelweiss MF’s Trideep Bhattacharya Valuations appear optically high on the back of depressed earnings estimates in pockets of the market, says Trideep Bhattacharya, co-chief investment officer, equities, Edelweiss Mutual Fund in a interview with leading newspaper : Business Standard. He believes that persistent higher inflation, combined with faltering […]
Read more..Fund houses eager to launch Silver ETF Market players believe just like Gold ETFs, silver passive funds can become popular in India. The main objective of the schemes is to generate returns in line with performance of physical silver Aditya Birla Sun Life Mutual Fund (MF), Nippon Indian MF and Mirae Asset have filed offer […]
Read more..