SUMMARY Equity mutual fund inflows dropped 26% in February, falling to ₹29,241.78 crore from ₹39,669.6 crore in January. Market volatility, global economic concerns, and profit booking contributed to the decline. The Association of Mutual Funds in India (AMFI) also attributed the decline to the lower number of days in February. By Anshul March 12, 2025, […]
Explainer: How mutual funds are taxed in India – CNBC TV18
Mutual funds offer tax-efficient returns compared to traditional investments like fixed deposits. However, profits from mutual funds — known as capital gains — are taxable. Here’s a concise guide to understanding how mutual funds are taxed. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund […]
ICICI Prudential MF to launch minimum variance equity fund on Nov 18 – CNBC TV18
ICICI Prudential MF has introduced an open ended equity scheme called ‘ICICI Prudential Equity Minimum Variance Fund’. The fund will invest in a diversified set of equity instruments with an aim to minimise the portfolio volatility. The NFO (New Fund Offer) opens for subscription on November 18 and closes on December 2, 2024. Features of the scheme […]