Mutual fund investment: Bandhan Mutual Fund has introduced the ‘Bandhan Nifty 200 Quality 30 Index Fund’, an open-ended scheme that mirrors the Nifty 200 Quality 30 Index. The NFO for the scheme is currently open for subscription and will close on November 29. The scheme will then resume continuous sale and repurchase on December 5. The … Read more
New fund offers are gaining popularity just like the equity mutual funds. In August 2024, the mutual fund industry saw new fund offer (NFO) inflows totaling Rs 13,815 crore, spread across 18 NFOs. This was a decrease from the Rs 16,565 crore invested in 15 NFOs in July 2024. Of the 18 NFOs launched in … Read more
SBI Balanced Advantage Fund, which is an open-ended dynamic asset allocation fund managed by SBI Mutual Fund, has successfully completed three years of existence in the market. Introduced in August 2021, the SBI Balanced Advantage Fund witnessed record-breaking collections of over Rs. 14,600 crores during its New Fund Offer. The investment objective of the scheme … Read more