Invest Aaj For Future

LIC Mutual Fund has announced the launch of its LIC MF Multi Asset Allocation Fund, a new open-ended mutual fund scheme. This fund is designed to provide investors with a diversified approach by allocating investments across equity, debt, and gold asset classes. The New Fund Offer (NFO) opens for subscription on January 24, 2025, and will remain available until February 7, 2025. Objective of the Fund The primary objective of the LIC MF Multi Asset Allocation Fund is to achieve long-term capital appreciation. By diversifying investments across equity, debt, and gold ETFs, the fund aims to balance the potential for high returns with controlled risk levels. The inclusion of multiple asset classes allows investors to benefit from different market conditions, enhancing portfolio resilience during periods of volatility. Benchmark Index The performance of the LIC MF Multi Asset Allocation Fund will be measured against a composite benchmark. This benchmark reflects the fund’s ...

The SBI Nifty Bank Index Fund , offered by SBI Mutual Fund, provides an efficient way for investors to access the Indian banking sector's growth. This open-ended index fund tracks the performance of the Nifty Bank Index , which represents the top banking stocks listed on the NSE. As the banking sector remains pivotal to India's economic growth, this fund is ideal for investors seeking sector-specific opportunities with long-term potential. Key Highlights of SBI Nifty Bank Index Fund Fund Type: Open-ended, passively managed equity fund Benchmark: Nifty Bank TRI (Total Returns Index) Objective: To mirror the performance of the Nifty Bank Index as closely as possible, aiming for long-term capital appreciation with minimal tracking error. Why Invest in SBI Nifty Bank Index Fund? Exposure to Banking Leaders: The fund enables investments in some of India’s leading private and public sector banks, pivotal to economic progress. Balanced Diversification: B...

Mirae Asset Mutual Fund has introduced its Small Cap Fund NFO (New Fund Offer) , providing investors a chance to explore the potential of small-cap companies. This fund targets smaller businesses that are in the growth phase, offering a promising opportunity for substantial returns in the long term. Here’s a detailed look at the Mirae Asset Small Cap Fund, its key features, and why it could be a beneficial addition to your investment portfolio. NFO Highlights Scheme Name: Mirae Asset Small Cap Fund Category: Small Cap Fund NFO Opening Date: January 3, 2025 NFO Closing Date: January 17, 2025 Minimum Investment Amount: ₹5,000 and multiples of ₹1 thereafter Benchmark Index: Nifty Smallcap 250 TRI (Total Return Index) Fund Managers: Led by experienced investment professionals, including Neelesh Surana. Investment Objective The Mirae Asset Small Cap Fund aims to achieve long-term capital growth by investing primarily in a diversified portfolio of small-cap...

ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Rural Opportunities Fund , an open-ended equity scheme targeting businesses that thrive within rural and allied sectors. This New Fund Offer (NFO) is an opportunity for investors to tap into the growing potential of India’s rural economy, which is undergoing rapid expansion and transformation. Key Features of the NFO NFO Timeline : Open from January 9, 2025 , to January 23, 2025 . Investment Objective : The fund focuses on long-term wealth creation through investments in equity and equity-linked securities of companies significantly associated with the rural sector. Benchmark Index : NIFTY Rural TRI , reflecting the performance of companies catering to rural demand. Minimum Investment : ₹5,000, with additional investments allowed in multiples of ₹1. Exit Load : 1% for redemptions within 12 months; no exit load applies beyond that. Fund Manager : Sankaran Naren , known for his expertise in managing th...