Monday, September 30, 2024
HomeBusiness NewsNifty Index Funds, Momentum Funds And ETFs In Focus

Nifty Index Funds, Momentum Funds And ETFs In Focus


New fund presents open this week are dominated by index funds and exchange-traded funds, or ETFs. With the passive fund influx standing at Rs 884 crore in August, the ten NFOs launched throughout the month accounted for this influx.

September noticed probably the most NFO launches beneath the index funds and different ETFs class. With a couple of sectoral and thematic funds as nicely, the month ends with a few ETFs closing Monday.

Aditya Birla Solar Life Crisil-IBX AAA NBFC-HFC INDEX-September 2026 Fund

Open: Sept. 30 to Oct. 7.

Minimal Subscription Price: Rs 1,000

Class: Index Funds

Funding Goal: The funding goal of the scheme is to generate returns comparable to the full returns of the securities as represented by the CRISIL-IBX AAA NBFC-HFC Index – September 2026 earlier than bills

ICICI Prudential Nifty200 Worth 30 ETF

Open: Sept. 30 to Oct. 14.

Minimal Subscription Price: Rs 100

Class: Different ETFs

Investing Goal: The funding goal of the scheme is to offer returns earlier than bills that intently correspond to the full return of the underlying index.

ICICI Prudential Nifty200 Worth 30 Index Fund

Open: Sept. 30 to Oct.14.

Minimal Subscription Price: Rs 100

Class: Index Fund

Investing Goal: The target of the scheme is to spend money on corporations whose securities are included in Nifty200 Worth 30 Index and topic to monitoring errors, to endeavor to attain the returns of the above index. This could be completed by investing in all of the shares comprising the Nifty200 Worth 30 Index in the identical weightage that they signify in Nifty200 Worth 30 Index.

Opinion

ICICI Prudential To HDFC: A Look At Largest Schemes Of High 10 Mutual Fund Homes

Mirae Asset Nifty Steel ETF

Open: Sept. 24 to Sept. 30.

Minimal Subscription Price: Rs 5,000

Class: Different ETFs

Investing Goal: The funding goal of the scheme is to generate returns, earlier than bills, which can be commensurate with the efficiency of the Nifty PSU Financial institution Index.

Mirae Asset Nifty PSU Financial institution ETF

Open: Sept. 20 to Sept. 30.

Minimal Subscription Price: Rs 5,000

Class: Different ETFs

Investing Goal: The funding goal of the scheme is to generate returns, earlier than bills, which can be commensurate with the efficiency of the Nifty Steel Index.

Opinion

Mutual Funds Transferring Past High 15 Cities, Says Franklin Templeton Report

Kotak Nifty Midcap 150 Momentum 50 Index Fund

Open: Sept. 19 to Oct. 3.

Minimal Subscription Price: Rs 100

Class: Index Funds

Investing Goal: The funding goal of the scheme is to offer returns that, earlier than bills, comparable to the full returns of the securities as represented by the underlying index.

Groww Nifty India Defence ETF

Open: Sept. 23 to Oct. 4.

Minimal Subscription Price: Rs 500

Class: Different ETFs

Investing Goal: The funding goal of the scheme is to generate long-term capital development by investing in securities of the Nifty India Defence in the identical proportion/weightage with an intention to offer returns earlier than bills that monitor the full return of Nifty India Defence Index.

Groww Nifty India Defence ETF FOF

Open: Sept. 23 to Oct. 4.

Minimal Subscription Price: Rs 500

Class: FoF Home

Investing Goal: The funding goal of the scheme is to generate long run capital good points by investing in models of the Groww Nifty India Defence ETF.

HDFC NIFTY LargeMidcap 250 Index Fund

Open: Sept. 20 to Oct. 4.

Minimal Subscription Price: Rs 100

Class: Index Funds

Investing Goal: To generate returns which can be commensurate (earlier than charges and bills) with the efficiency of the Nifty LargeMidcap 250 Index (TRI)

WhiteOak Capital Digital Bharat Fund

Open: Sept. 20 to Oct. 4.

Minimal Subscription Quantity: Rs 500.

Class: Sectoral/Thematic.

Investing Goal: The funding goal of the scheme is to offer long-term capital appreciation by investing predominantly in fairness and fairness associated devices of know-how and know-how associated corporations.

LIC MF Manufacturing Fund

Open: Sept. 20 to Oct. 4.

Minimal Subscription Price: Rs 5,000

Class: Sectoral/Thematic

Investing Goal: The funding goal of the Scheme is to attain long run capital appreciation by predominantly investing in fairness and fairness associated devices of corporations following manufacturing theme. 

Baroda BNP Paribas Nifty200 Momentum 30 Index Fund

Open: Sept. 25 to Oct. 9.

Minimal Subscription Price: Rs 1,000

Class: Index Funds

Investing Goal: The funding goal of the scheme is to offer funding returns intently comparable to the full returns of the securities as represented by the Nifty200 Momentum 30 Whole Returns Index earlier than bills, topic to monitoring errors, charges, and bills. 

Opinion

LIC Manufacturing Fund To Scale back SIP Quantities From October First Week

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments