Three new mutual funds will open for subscription this week, as mutual fund houses launch new funds to complete their range of offerings. Source link
Motilal Oswal Mutual Fund and Zerodha Mutual Fund have recently announced changes to their schemes, scheduled to take effect in early 2025. One significant modification by Motilal Oswal Mutual Fund involves the revision of the benchmark for their Motilal Oswal Ultra Short-Term Fund. The benchmark will be shifted from the CRISIL Ultra Short Duration Fund … Read more
The total retail folios in index funds increased by close to 12 times from 4.95 lakh in March 2020 to 59.37 lakh in December 2023, showing a remarkable surge in the adoption of index funds among retail investors over the past few years, according to a study by Zerodha Fund House.The assets under management (AUM) … Read more