My SIP portfolio is currently experiencing a devaluation of approximately 20-30% due to the ongoing market downturn. I have also invested in NFOs. My investment horizon extends beyond 10 years. However, the performance of the funds has dipped over the last two quarters (during the second half of 2024). Given this situation, I am seeking … Read more
Tata AIA Life Insurance has launched two new fund offers (NFOs) targeting India’s growing consumer market, recognising the economic boost driven by recent tax reforms and increasing disposable incomes. The Tata AIA Life Tax Bonanza Consumption Fund and the Tata AIA Life Tax Bonanza Consumption Pension Fund aim to capitalise on these changes by enabling … 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
Madhu Nair, CEO of Union Mutual Fund, has a bullish view on the investment landscape. That’s why he believes that the assets of mutual fund industry could touch Rs 140-200 lakh crore in 7-10 years. He feels money flows into equities and bonds in India will surprise over the next 10-15 years. Over the past … Read more
Motilal Oswal Asset Management Company has announced the launch of the Motilal Oswal Nifty India Defence Index Fund, which is India’s first Index Fund offering exposure to defence stocks listed in India. Motilal Oswal Nifty India Defence Index Fund is an open-ended fund replicating/tracking the total returns of the Nifty India Defence Index. The NFO … Read more