[ad_1] Nippon India Mutual Fund sees a significant under-allocation to gold in investment portfolios, according to its Head-Commodities and Fund Manager Vikram Dhawan. This observation comes amidst soaring gold prices, which have led to a noticeable decline in retail physical purchases in major markets like India and China. Despite this drop in traditional jewellery demand, […]
Suraksha Diagnostic raises ₹254 crore from anchor investors ahead of ₹846-crore IPO – CNBC TV18
[ad_1] Integrated diagnostic chain Suraksha Diagnostic Ltd on Thursday (November 28) said it has mobilised ₹254 crore from anchor investors, a day before the opening of its initial share-sale for public subscription. The top anchor investors in the IPO included Nippon India Mutual Fund, Kotak MF, Aditya Birla Sun Life MF, Quant MF and Carnelian […]
Nippon India Mutual Fund suspends investments in overseas schemes – CNBC TV18
[ad_1] Nippon India Mutual Fund has temporarily suspended subscriptions for its international schemes starting October 18, 2024. This suspension affects all investment modes, including lump sum, switch-ins, and new registrations for Systematic Investment Plans (SIP) or Systematic Transfer Plans (STP). The impacted schemes are: Nippon India US Equity Opportunities Fund Nippon India Japan […]
Nippon India MF introduces two new AAA-rated financial services index funds – CNBC TV18
[ad_1] Nippon India Mutual Fund has announced the launch of two new index funds, both designed to offer investors exposure to AAA-rated financial services securities, with set maturity timelines. The two schemes track CRISIL-IBX indices, each with different maturity dates: January 2028 and December 2026. Nippon India CRISIL – IBX AAA Financial Services – Jan […]
Nippon India Mutual Fund resumes subscription in international schemes – CNBC TV18
[ad_1] Nippon India Mutual Fund has resumed subscriptions for its international funds, effective October 15, 2024. Investors can now invest in these funds via lump sum, switch-ins, and register new SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan). The available funds are: Nippon India ETF Hang Seng BeES Nippon India Japan Equity […]
Nippon India MF announces merger of two target maturity funds: Should investors stay or exit? – CNBC TV18
[ad_1] Nippon India Mutual Fund has announced the merger of its Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 with the Nippon India Nifty AAA CPSE Bond Plus SDL – Apr 2027 Maturity 60:40 Index Fund. This merger will take effect on October 1, 2024. The merging scheme is scheduled to terminate […]
Nippon India MF launches Nifty 500 Momentum 50 Index Fund: Key details – CNBC TV18
[ad_1] Nippon India Mutual Fund has launched a new index fund—the Nifty 500 Momentum 50 Index Fund. This fund offers investors a way to tap into stocks that have shown strong upward momentum. The New Fund Offer (NFO) is open till September 25, 2024. After this, the fund will reopen for continuous sale and repurchase. […]
Government of Singapore, Aditya Birla Sun Life MF are among buyers of PNB Housing Finance shares – CNBC TV18
[ad_1] The Government of Singapore picked up a 1.4% stake in PNB Housing Finance, which was offloaded by General Atlantic Singapore Fund through multiple block deals. On Wednesday (August 21), the private equity major made a complete exit by offloading 1.33 crore shares or 5.13% of the total outstanding equity in the company. This was […]
Nippon India AMC launches Nifty 500 Equal Weight Index Fund, NFO available till September 4 – CNBC TV18
[ad_1] Nippon Life India Asset Management Limited (NAM India), the asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of the Nippon India Nifty 500 Equal Weight Index Fund. This open-ended scheme will replicate and track the Nifty 500 Equal Weight Index, offering investors an opportunity to gain exposure to a diversified […]
Nippon India Mutual Fund revises subscription limits for Small Cap Fund – CNBC TV18
[ad_1] Nippon India Mutual Fund has announced a revision in subscription limits for its Nippon India Small Cap Fund, effective August 16, 2024. The new limits aim to manage inflows and ensure a balanced growth of the fund. Key changes Daily limit adjustment: The investment limit for new Systematic Investment Plans (SIPs) and Systematic Transfer […]