The NFO will be open for subscription from August 16th, 2023 and will end on August 30th, 2023. Within five Business Days following the date of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 1000 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available.

About Union Mutual Fund

Union Mutual Fund, backed by Union Bank of India, has been a significant force in India’s asset management sector for over a decade. Their vision is to empower investors to achieve sustainable prosperity through responsible capital market investments.

Founded on December 30, 2009, the AMC leveraged Union Bank of India’s substantial client base to establish a robust asset management portfolio. Initially formed in partnership with Belgium’s KBC Asset Management NV, it was known as Union KBC Mutual Fund, with Union Bank holding the majority stake.

The collaboration with KBC ended in 2016, leading to Union Bank’s complete ownership. In 2017, Japan’s Dai-ichi Life acquired a 39.62% stake, further strengthening the company. While the AMC’s structure remained unchanged, Dai-ichi appointed a nominee to its Board of Directors.

Union Innovation & Opportunities Fund – NFO Detail

Union Innovation & Opportunities Fund NFO – Scheme Objective

The Investment Objective of the Scheme is to achieve long term capital appreciation by investing predominantly in equity and equity related securities of Innovative Companies. 

Union Innovation & Opportunities Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Long term capital appreciation.
• Investment predominantly in equity and equity related securities of Innovative Companies.

How Will the Scheme Allocate Its Asset

• 80-100% in Equity and Equity related Instruments of innovative companies.
• 0-20% in Equity and Equity related Instruments of other than above companies.
• 0-20% in Debt and Money Market Instruments.
• 0-10% in Units issued by REITs and InvITs.

Where Will the Scheme Invest?

The corpus of the Scheme will be invested in a portfolio of predominantly Equity and Equity Related Instruments of Innovative Companies. The Scheme shall also invest in Equity and Equity Related Instruments of other than above companies and further also in Debt and Money Market Instruments, units issued by REITs and InvITs and schemes of mutual funds. Further, pending deployment of funds of the Scheme in securities in terms of the investment objective, and for margin purposes, the AMC may park the funds of the Scheme in short term deposits of scheduled commercial banks, subject to the guidelines issued by SEBI from time to time. The securities/ instruments in which the Scheme shall invest include but are not limited to the following: 

• Investment in Equity and Equity linked Instruments: Equity related securities include, but are not limited to:

i. Equity Warrants and Convertible Instruments.

ii. Fully Convertible debentures, Debentures, Partly Convertible Debentures, unlisted securities,

initial public offerings, private placements etc.

iii. Equity Derivatives. (Futures and Options)

iv. Any other securities / instruments as may be permitted by SEBI from time to time.

• Investment in Debt and Money Market Instruments:

1. Certificate of Deposit (CD)

2. Tri-party Repo in Government Securities

3. Commercial Paper (CP)

4. Reverse Repo

5. Treasury Bill (T-Bill)

6. Securities created and issued by the Central and State Governments

7. Non-convertible debentures and bonds

8. Floating rate debt instruments 

9. Debt derivative instruments

Union Innovation & Opportunities Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post Union Innovation & Opportunities Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

About NJ Mutual Fund

NJ Asset Management Private Limited is a reputable player in India’s financial services and wealth management sector, operating under NJ India Invest Pvt. Ltd. Established in 1994, NJ India Invest was a pioneer in finance management, evolving to address the changing financial landscape.

Under the NJ group, led by Mr. Niraj Choksi and Mr. Jignesh Desai, the business extends beyond product distribution to include loans, insurance, asset management, and offshore fund distribution. NJ Mutual Fund, a part of this group, manages mutual fund assets of Rs. 1,22,477 crore as of January 31, 2022.

NJ Mutual Fund employs “Rule-based Active Investment,” uniting financial expertise and technology to select stocks, allocate assets, and predict returns. This data-driven approach reduces bias and benefits both investors and partners.Their specialized research team ensures value and convenience for clients through portfolio management and mutual fund analysis, adhering to SEBI regulations.

NJ Flexi Cap Fund – NFO Detail

NJ Flexi Cap Fund NFO – Scheme Objective

The investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations.

NJ Flexi Cap Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Long term capital appreciation.
• Investment in equity and equity related securities of companies.

How Will the Scheme Allocate Its Asset

• 80-100% in Equity and Equity related Instruments.
• 0-20% in Specified Debt Securities,units of mutual funds, cash and cash equivalents.

Where Will the Scheme Invest?

The scheme will predominantly invest in equity and equity related securities. The Scheme may also invest a certain proportion of its corpus in debt and money market securities of India. The fund may invest in:

• Equity and equity related securities including preference shares and warrants.
• Equity Related Instruments,being securities which give the holder of the security right to receive Equity Shares on preagreed terms. It includes convertible/optionally convertible/compulsorily convertible preference shares,share warrants and other security which has equity component embedded in it .
• Equity Derivatives, which are financial instruments, generally traded on the stock exchange,the price of which is directly dependent upon(i.e.,“derived from”) the value of equity shares or equity indices. Derivatives involve the trading of rights or obligations based on the underlying, but do not directly transfer property.
• TREPS, Repo, Treasury bills, cash and cash equivalents.
• Government Securities Issued By(central and state governments)and other securities issued by RBI from time to time.
• Units of Mutual funds including ETFs as may be permitted by  SEBI regulation.
• Fixed Deposit as permitted under SEBI Regulations From time to time.
• Any other instruments may be permitted byRBI /SEBI /such other Regulatory Authority(ies) from time to time. 

NJ Flexi Cap Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post NJ Flexi Cap Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The New Fund Offering (NFO) is open for subscription from August 10th to August 24th, 2023. Within five Business Days of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions start at Rs. 5000 and multiples of Rs. 1/-. Both Regular and Direct Plans are accessible.

About HSBC Mutual Fund

Part of HSBC Securities and Capital Markets (India) Private Limited, HSBC Mutual Funds is a leading AMC in India’s investment market. Backed by HSBC, the 7th largest global bank, it provides top-tier investment options and services to investors nationwide. HSBC Mutual Fund serves over 1 million customers through 1000+ offices across India. With a corpus of Rs. 12,637.24 Crore (2022), it offers 103 diverse schemes spanning equity, debt, and add-on funds.

Globally, HSBC boasts 100 million active customers, excluding Polar regions, with £102.7 billion market cap (2018). HSBC’s India operations are a key asset, and it has expansion plans for South East Asia. Aligned with regulations, HSBC Mutual Fund operates under Indian Trusts Act (1882) and holds SEBI registration number MF/046/02/5.

HSBC Consumption Fund – NFO Detail

HSBC Consumption Fund NFO – Scheme Objective

The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities.

HSBC Consumption Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• To create wealth over long-term
• Investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities.

How Will the Scheme Allocate Its Asset

• 80-100% in Equities & Equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities.
• 0-20% in Equity and equity related securities of companies other than consumption and consumption related activities.
• 0-20% in Debt Securities & Money Market instruments (including Cash & cash equivalents, units of Liquid and Overnight mutual funds).
• 0-10% in Units of REITs and InvITs.

Where Will the Scheme Invest?

The aim of the Scheme is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities. Subject to the Regulations and other prevailing laws as applicable, the corpus of the Scheme can be invested in any (but not exclusively) of the following securities:

• Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares.  
• ADRs / GDRs issued by the Indian companies, subject to the guidelines issued by the Reserve Bank of India and Securities and Exchange Board of India.  
• Units of REITs and InvITs.
• Foreign securities including overseas funds and Exchange Traded Funds as may be permitted by SEBI / RBI.  
• Liquid and Overnight mutual funds.  
• Stock index futures and such other derivative instruments permitted by SEBI / RBI.  
• Securities issued / guaranteed by the Central, State and local governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills). 
• Indian Depository Receipts (IDR) issued by foreign companies, subject to the guidelines issued by RBI and SEBI.
• Debt obligations of domestic government agencies and statutory bodies, which may or may not carry a Central / State Government guarantee.
• Corporate debt (of both public and private sector undertakings).
• Debt obligations of banks (both public and private sector) and financial institutions.
• Money market instruments permitted by SEBI and / or RBI, having residual maturities of up to 1 year.  
• Certificate of Deposits (CDs)  
• Commercial Paper (CPs)  
• Bills of Exchange / Promissory Notes  
• Securitised Debt  
• TREPS & reverse repos  
• Floating Rate Instruments  
• Repurchase and reverse repurchase obligations in securities  
• Repo in Corporate bonds  
• The non-convertible part of convertible securities  
• Any other domestic fixed income securities

HSBC Consumption Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post HSBC Consumption Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO will be open for subscription from August 9th, 2023 and will end on August 23rd, 2023. Within five Business Days following the date of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 500 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available.

About Nippon India Mutual Fund

Nippon India Mutual Fund stands as a prominent Asset Management Company in India. Established in June 1995 under the name Reliance Mutual Fund, it originated as a collaboration between India’s Reliance Capital and Japan’s Nippon Life Insurance company. In 2019, Nippon acquired Reliance’s stake, leading to the fund house’s renaming to Nippon India Mutual Fund.

Nippon Mutual Funds effectively manage assets totaling Rs.2,07,288 crores. Their comprehensive portfolio encompasses 52 equity, 266 debt, and 40 balanced funds. Sundeep Sikka guides the company as its CEO. Functioning as an investment management firm, Nippon Life India Asset Management Limited offers a spectrum of services, including portfolio management, mutual fund investment, financial planning, and advisory services, catering to individuals, institutions, trusts, and private funds.

Nippon India Innovation Fund – NFO Detail

Nippon India Innovation Fund NFO – Scheme Objective

The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in l innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors.

Nippon India Innovation Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Long term capital appreciation.
• Investment in equity and equity related securities of companies adopting innovation themes.

How Will the Scheme Allocate Its Asset

• 80-100% in Equity and Equity related Instruments of companies adopting innovation themes.
• 0-20% in Debt & Money Market Instruments.

Where Will the Scheme Invest?

The scheme will predominantly invest in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors. The Scheme may also invest a certain proportion of its corpus in debt and money market securities of India. The fund may invest in:

• Equity and equity related securities are such instruments like Convertible bonds and debentures and warrants carrying the right to obtain equity shares and derivative instruments.
• ADRs/ GDRs issued by Indian companies, subject to guidelines issued by RBI/ SEBI.
• Foreign securities in accordance with SEBI Guidelines.
• Money market instruments permitted by SEBI/RBI
• Open-ended Liquid Schemes registered with SEBI or schemes that invest predominantly in money market instruments / securities.
• Commercial Paper (CP) (listed), Certificate of Deposits (CD), Treasury Bills, Bills Rediscounting, Tri-party Repo/Reverse Repo (including repo in corporate bonds). 
• The scheme shall not invest in unlisted debt instruments including commercial papers (CPs), other than (a) government securities, (b) other money market instruments and (c) derivative products such as Interest Rate Swaps (IRS), Interest Rate Futures (IRF), etc. which are used by mutual funds for hedging.
• Corporate Bonds include all debt instruments issued by entities such as Banks, Public Sector Undertakings, Government Agencies and other Statutory Bodies, Municipal Corporations, body corporate, companies, trusts/ Special Purpose Vehicles etc and would exclude investments in Government Securities issued by Central and State Government.
• Investment in Government securities issued by Central and/or State Government to the extent of SEBI prescribed limits. Such securities may be:

(i) Supported by the ability to borrow from the Treasury or

(ii) Supported by Sovereign guarantee or the State Government or

(iii) Supported by Government of India/ State Government in some other way

• Securities issued by any government agencies, quasi-government or statutory bodies, Public Sector Undertakings, which may or may not be guaranteed or supported by the Central Government or any state government (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Non-convertible securities as well as nonconvertible portion of convertible securities,such as debentures, coupon bearing bonds, zero 30 coupon bonds, deep discount bonds, Mibor-linked or other floating rate instruments, premium notes and other debt securities or obligations of public sector undertakings, banks, financial institutions, corporations, companies and other bodies corporate as may be permitted by SEBI/ RBI from time to time.
• Derivatives like Interest Rate Swaps, Forward Rate Agreements, Stock/Index Futures, Stock/Index Options (Including covered calls) and such other derivative instruments as permitted by RBI/SEBI.
• Fund may use Interest Rate Futures (IRF) to create an imperfect hedge/ proper hedge from time to time as per SEBI regulations.
• Any other debt and money market instruments that may be available and allowed/permitted by RBI/ SEBI from time to time
• All investments in overseas securities will be governed based on SEBI guidelines issued from time to time. The Scheme may invest in various types of Foreign Securities including, but not limited to, any of the following:

(i) Foreign debt securities (non-convertible) in the countries with fully convertible currencies.

(ii) Overseas short term as well as long term debt instruments with rating not below investment grade by accredited/registered credit rating agencies.

(iii) Overseas Money market instruments rated not below investment grade

• The Fund may also enter into “Repo”, hedging or such other transactions as may be allowed to Mutual Funds from time to time. Investments in Tri-Party Repo would be as per the RBI circular dated July 24, 2018.Investments in Repo in corporate debt securities would be in line with SEBI circular dated November 11, 2011, SEBI Circular dated June 8, 2023 and RBI circular dated July 24, 2018 and shall be made basis the policy approved by the Board of NAM INDIA and NLITL. The significant features are as follows:

i. As specified in the SEBI Circular dated November 15, 2012, the base of eligible securities for mutual funds to participate in repo in

corporate debt securities are

a. Listed AA and above rated corporate debt securities.

b. Commercial Papers (CPs) and Certificate of Deposits (CDs)

ii. Category of counterparty & Credit rating of counterparty NIMF schemes shall enter in lending via Repo only with Investment Grade

counterparties.

iii. The Gross exposure of the scheme to repo transactions in corporate debt securities shall not be more than 10% of the net asset of the

scheme

Nippon India Innovation Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post Nippon India Innovation Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO will be open for subscription from August 7th, 2023 and will end on August 21st, 2023. Within five Business Days following the date of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 5,000 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Asset Management Company Limited (KMAMC), an esteemed subsidiary of Kotak Mahindra Bank Limited (Kotak). As the trusted Asset Manager for Kotak Mahindra Mutual Fund (KMF), KMAMC has been driving financial excellence since its inception in December 1998. With a remarkable investor base of approximately 48.65 lakh folios across various schemes as of 31st March 2023, KMF stands as a beacon of opportunity.

Dedicated to serving investors with diverse risk-return preferences, KMF proudly offers a comprehensive range of schemes. Pioneering the financial landscape, KMF holds the distinction of being the first fund house in the country to introduce a dedicated gilt scheme, exclusively investing in government securities. Expanding its reach far and wide, KMAMC operates in 88 cities and boasts an extensive network of 95 branches as of 31st March 2023.

Kotak S&P BSE Housing Index Fund – NFO Detail

Kotak S&P BSE Housing Index Fund NFO – Scheme Objective

The investment objective of the scheme is to replicate the composition of the S&P

BSE Housing Index and to generate returns that are commensurate with the

performance of the S&P BSE Housing Index, subject to tracking errors. 

Kotak S&P BSE Housing Index Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Long term capital appreciation.
• Investment in stocks comprising the underlying index and endeavors to track the benchmark index.

How Will the Scheme Allocate Its Asset

• 95-100% in Equity and Equity related securities covered by the S&P BSE Housing Index.
• 0-5% in Debt & Money Market Instruments.

Where Will the Scheme Invest?

The Scheme shall invest in the following securities as per the limits specified in the asset allocation table of Scheme, subject to SEBI (MF) Regulations.

• The net assets of the Scheme will be invested in stocks constituting the S&P BSE Housing Index and / or its exchange traded derivatives. This would be done by investing in almost all the stocks comprising the S&P BSE Housing Index in approximately the same weightage that they represent in the S&P BSE Housing Index and / or investing in derivatives including futures contracts and options contracts on the Index.
• The Scheme may take derivatives or index derivatives positions subject to the guidelines issued by SEBI from time to time and in line with the overall investment objective of the Scheme.
• Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares.
• Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Debt obligations of domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee (including but not limited to Indian Government Bond, State Development Loans issued and serviced at the Public Debt Office, Bonds issued by Central & State Government PSUs which are guaranteed by Central or State Governments)
• Corporate debt (of both public and private sector undertakings) including Non-convertible debentures (including bonds) and non-convertible part of convertible securities having residual maturity of upto 91 days.
• Units of Mutual Fund Schemes;
• Reverse repos in such Government Securities as may be permitted by RBI;
• Short Term Deposits of banks (both public and private sector) and development financial institutions to the extent permissible under SEBI Regulations; 
• Money market instruments permitted by SEBI/RBI, having maturities of up to one year but not limited to:
  • Certificate of Deposits (CDs).
  • Commercial Paper (CPs)
  • Tri Party repo on Government securities or treasury bills, Bills rediscounting*, as may be permitted by SEBI from time to time.
• Securities Lending as permitted by SEBI from time to time.

Kotak S&P BSE Housing Index Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post Kotak S&P BSE Housing Index Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO is open for subscription from July 26th, and will end on August 8th, 2023. Scheme will re-open for continuous Sale and Repurchase within 5 Business Days from the date of allotment of units under NFO. Subscriptions can be made starting at Rs. 5000 and and in multiples of Re. 1/- thereafter. Both a Regular Plan and a Direct Plan are available.

About Quant Mutual Fund (Group)

More than a decade ago, in the middle of the 2008 Global Financial Crisis, quant Group was founded as a financial services platform with two simple but powerful guiding mantras: “Being Relevant” and “Predictive Analytics.” According to the “Being Relevant” idea, in today’s uncertain and ever-changing environment, success requires passing the “test of time” every day through the application of new information and the development of novel approaches to old problems. Predictive analytics, a framework for studying and foreseeing markets across assets and regions, makes this possible.

The business was founded in May 2008 after its incorporation in December 2007. Quant Global Research (qGR) has spent the previous decade developing a powerful set of analytical indicators and the flexible VLRT framework.

Quant Manufacturing Fund – NFO Detail

Quant Manufacturing Fund NFO – Scheme Objective

The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of companies that follow the manufacturing theme.

Quant Manufacturing Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Capital appreciation over the long term.
• To generate consistent returns by investing in equity and equity related instruments of manufacturing-centric companies.

How Will the Scheme Allocate Its Asset

• 80-100% in Equity and Equity related instruments of companies having manufacturing themes.
• 0-20% in other Equity and equity related instruments of companies other than having manufacturing themes.
• 0-20% in Foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs.
• 0-20% in Debt & Money Market instruments*.
• 0-5% in Units issued by REITs & InvITs.

Where Will the Scheme Invest?

The corpus of the Scheme, subject to the enabling provisions of asset allocation pattern, will be invested in securities/instruments which will include but not limited to: 

• Equity and Equity Related Instruments.
• Debt Instruments & Money Market Instruments.
• Repos.
• Securities created and issued by the Central and State Governments.
• Non -Convertible Debentures.
• Securitized Assets.
• Real Estate Investment Trust (REITs) & Infrastructure Investment Trust (InvIT).
• Debt derivative instruments.
• Foreign Securities.
• Short Term Deposits.
• Units of Mutual Fund schemes.

Quant Manufacturing Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post Quant Manufacturing Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO will be open for subscription from July 28th, and will end on August 11th, 2023. Scheme will re-open for continuous Sale and Repurchase within 5 Business Days from the date of allotment of units under NFO. Subscriptions can be made starting at Rs. 100 and any amount thereafter. Both a Regular Plan and a Direct Plan are available.

About HDFC Mutual Fund 

All HDFC Mutual Fund schemes have HDFC Asset Management Company Limited as its Investment Manager. When it comes to mutual funds, this firm is among the most reliable in India. It is also one of the largest and wealthiest mutual fund institutions in the country, with AUM of more than INR 4.4 trillion. Together with Abrdn Investment Management Limited (formerly Standard Life Investments Limited), Housing Finance Development Corporation (HDFC) established the fund house in 1999.

Among the AMC’s stockholders, HDFC owns 52.6% and Abrdn Investment Management Limited controls 16.2%. The HDFC group is an industry leader in a wide variety of financial services, including banking, mortgages, insurance, investment funds, and student loan financing. Over a million investors trust Abrdn Investment Management Limited with their £532 billion in assets. The IPO occurred in 2017–18, and the business was officially listed on August 6, 2018.

HDFC Transportation and Logistics Fund – NFO Detail

HDFC Transportation and Logistics Fund NFO – Scheme Objective

The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies with a focus on non-cyclical consumer theme.

HDFC Transportation and Logistics Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Capital appreciation over the long term.
• Investment predominantly in equity & equity related instruments of companies under Transportation and Logistics theme.

How Will the Scheme Allocate Its Asset

• 80-100% in Equity & Equity related instruments of Transportation and Logistics themed companies.
• 0-20% in Equity and Equity related instruments of companies other than above.
• 0-20% in Debt securities*, money market instruments and Fixed Income Derivatives.
• 0-20% in Units of Mutual Funds.
• 0-10% in Units issued by REITs and InvITs.

Where Will the Scheme Invest?

The Scheme may invest its funds in the following securities:

• The scheme shall invest into equities and equities related instruments as per limit specified in the asset allocations subject to permissible limits laid under SEBI (MF) regulations.
• The Scheme will retain the flexibility to invest in the entire range of debt instruments and money market instruments. These instruments are more specifically Debt instruments (in the form of non-convertible debentures, bonds, secured premium notes, zero interest bonds, deep discount bonds, floating rate bond / notes and any other domestic fixed income securities).
• Money Market Instruments include:

1) Commercial papers

2) Commercial bills, usance bills

3) Treasury bills

4) Government securities having an unexpired maturity upto one year

5) Tri-party Repos on Government securities or treasury bills (TREPS)

6) Certificate of deposit

7) Permitted securities under a repo/ reverse repo agreement (other than Corporate Debt Securities)

8) Any other instruments as may be permitted / approved by RBI / SEBI from time to time subject to necessary regulatory approvals.

• The Scheme may engage in securities lending within the overall framework of ‘Securities Lending Scheme, 1997 specified by SEBI and such other norms as may be specified by SEBI from time to time. 
• The Scheme may invest in other schemes managed by the AMC or in the schemes of any other mutual funds, provided it is in conformity with the investment objectives of the Scheme and in terms of the prevailing SEBI (MF) Regulations.
• The Scheme may invest in hybrid securities such as units of REITs and InvITs for diversification and subject to necessary stipulations by SEBI from time to time.

HDFC Transportation and Logistics Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post HDFC Transportation and Logistics Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO is open for subscription from July 24th, and will end on August 07th, 2023. Scheme will re-open for continuous Sale and Repurchase within 5 Business Days from the date of allotment of units under NFO. Subscriptions can be made starting at Rs. 500 and and in multiples of Re. 1/- thereafter. Both a Regular Plan and a Direct Plan are available.

About Bajaj Finserv Mutual Fund 

Bajaj Finserv, a well-known non-banking financial services company (NBFC), announced the debut of its new mutual fund business, dubbed ‘Bajaj Finserv Mutual Fund’. The newly launched Bajaj Finserv AMC is a subsidiary of Bajaj Finserv, which is the holding company for many financial services firms under the Bajaj Group and is headquartered in Pune, India. The Securities and Exchange Board of India (SEBI) approved Bajaj Finserv in March of this year. 

Five new mutual funds have entered the industry since 2021, and Bajaj Finserv is one of the newly established fund companies in the Rs 40 trillion Indian mutual funds business. This new entry is the 43rd asset management business in the market, with about Rs 41.52 lakh crore in assets under management (AUM) as of April 2023.

Bajaj Finserv Flexi Cap Fund – NFO Detail

Bajaj Finserv Flexi Cap Fund NFO – Scheme Objective

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments across market capitalisation. 

Bajaj Finserv Flexi Cap Fund NFO – Who Can Invest?

This product is suitable for:

• Investors who are looking for Wealth creation/capital appreciation over the long term.
• Investors who want to invest in equity and equity related instruments across large cap, mid cap and small cap stocks.

How Will the Scheme Allocate Its Asset

• 65-100% in Equity and equity related instruments of large cap, mid cap and small cap companies.
• 0-35% in Debt and money market instruments and units of mutual fund schemes.
• 0-10% in Units issued by REITs and InvITs.

Where Will the Scheme Invest? 

• Equity and equity related instruments including Indian Depository Receipts (IDRs) and warrants carrying the right to obtain equity shares.
• Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Securities guaranteed by the Central, State and local Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Debt securities issued by domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee.
• Corporate debt securities (of both public and private sector undertakings)
• Securities issued by banks (both public and private sector) including term deposit with the banks as permitted by SEBI/RBI from time to time, subject to approval from SEBI / RBI as required and development financial institutions.
• Money market instruments, as permitted by SEBI/ RBI.
• Securitized Debt.
• The non-convertible part of convertible securities.
• Derivative instruments like Stock/Index Futures, Stock/Index Options, Interest Rate Future, Interest Rate Swap, Forward Rate Agreement and such other derivative instruments permitted by SEBI.
• Foreign Securities as permitted by Reserve Bank of India and Securities and Exchange Board of India.
• Units of Mutual Fund Schemes/Exchange Traded Funds.
• Cash & cash equivalents.
• Preference shares.
• Repo transactions in corporate debt securities.
• Units of REITs & InvITs.
• Any other domestic fixed income securities as permitted by SEBI/ RBI subject to requisite approvals from SEBI/RBI, if needed.

Bajaj Finserv Flexi Cap Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post Bajaj Finserv Flexi Cap Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO will be open for subscription from July 24th, 2023 and will end on August 7th, 2023. Within five Business Days following the date of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 5,000 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Asset Management Company Limited (KMAMC), an esteemed subsidiary of Kotak Mahindra Bank Limited (Kotak). As the trusted Asset Manager for Kotak Mahindra Mutual Fund (KMF), KMAMC has been driving financial excellence since its inception in December 1998. With a remarkable investor base of approximately 48.65 lakh folios across various schemes as of 31st March 2023, KMF stands as a beacon of opportunity.

Dedicated to serving investors with diverse risk-return preferences, KMF proudly offers a comprehensive range of schemes. Pioneering the financial landscape, KMF holds the distinction of being the first fund house in the country to introduce a dedicated gilt scheme, exclusively investing in government securities. Expanding its reach far and wide, KMAMC operates in 88 cities and boasts an extensive network of 95 branches as of 31st March 2023.

Kotak Nifty Financial Services Ex-Bank Index Fund – NFO Detail

Kotak Nifty Financial Services Ex-Bank Index Fund NFO – Scheme Objective

The Investment objective of the Scheme is to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors. 

Kotak Nifty Financial Services Ex-Bank Index Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Long term capital appreciation.
• Investment in stocks comprising the underlying index and endeavors to track the benchmark index.

How Will the Scheme Allocate Its Asset

• 95-100% in Equity and Equity related securities covered by the Nifty Financial Services Ex-Bank Index.
• 0-5% in Debt & Money Market Instruments.

Where Will the Scheme Invest?

The Scheme shall invest in the following securities as per the limits specified in the asset allocation table of Scheme, subject to SEBI (MF) Regulations.

• The net assets of the Scheme will be invested in stocks constituting the Nifty Financial Services Ex-Bank Index and / or its exchange traded derivatives. This would be done by investing in almost all the stocks comprising the Nifty Financial Services Ex-Bank Index in approximately the same weightage that they represent in the Nifty Financial Services ExBank Index and / or investing in derivatives including futures contracts and options contracts on the Index.
• The Scheme may take derivatives or index derivatives positions subject to the guidelines issued by SEBI from time to time and in line with the overall investment objective of the Scheme.
• Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares.
• Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Debt obligations of domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee (including but not limited to Indian Government Bond, State Development Loans issued and serviced at the Public Debt Office, Bonds issued by Central & State Government PSUs which are guaranteed by Central or State Governments)
• Corporate debt (of both public and private sector undertakings) including Non-convertible debentures (including bonds) and non-convertible part of convertible securities having residual maturity of upto 91 days.
• Units of Mutual Fund Schemes;
• Reverse repos in such Government Securities as may be permitted by RBI;
• Short Term Deposits of banks (both public and private sector) and development financial institutions to the extent permissible under SEBI Regulations; 
• Money market instruments permitted by SEBI/RBI, having maturities of up to one year but not limited to:
  • Certificate of Deposits (CDs).
  • Commercial Paper (CPs)
  • Triparty repo on Government securities or treasury bills, Bills rediscounting*, as may be permitted by SEBI from time to time.
• Securities Lending as permitted by SEBI from time to time.

Kotak Nifty Financial Services Ex-Bank Index Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post Kotak Nifty Financial Services Ex-Bank Index Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.

The NFO is open for subscription from July 21st, 2023 and will end on August 4th, 2023. Within five Business Days following the date of allotment(August 17th), the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 5,000 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available.

About UTI Mutual Fund

UTI Mutual Fund, founded in 2003 after the bifurcation of Unit Trust of India, has emerged as a prominent player in India’s Mutual Fund industry. It is backed by four leading PSU banks – State Bank of India, Punjab National Bank, Bank of Baroda, and Life Insurance Corporation of India – each holding 18.24% shares in UTIMF. With a vast investor base of approximately 11 million and a diverse portfolio of over 250 plans, UTI Mutual Fund manages an impressive total Assets under Management (AuM) of nearly Rs. 23,372 Crores.

One of UTI Mutual Fund’s key strengths lies in its extensive distribution network, which reaches both rural and semi-urban areas of India. The fund has over 50,000 AMFI and NSFM certified Independent Advisors and 200 full-time Financial Service Centres, ensuring wide accessibility of its offerings.

The fund managers at UTI Asset Management are experienced and skilled in various areas, including retirement solutions, portfolio management, international banking, and alternative assets management. This expertise enables UTI Mutual Fund to provide a comprehensive suite of financial products and services to cater to diverse investor needs and preferences

UTI Balanced Advantage Fund – NFO Detail

UTI Balanced Advantage Fund NFO – Scheme Objective

The Investment objective of the Scheme is to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. 

UTI Balanced Advantage Fund NFO – Who Can Invest?

This product is suitable for investors who are seeking*:

• Long-term capital appreciation and income
• Investment in a dynamically managed portfolio of equity and debt instruments.

How Will the Scheme Allocate Its Asset

• 30-90% in Equity & equity related instruments.
• 10-70% in Debt and Money Market instruments (including securitised debt).

Where Will the Scheme Invest?

Subject to SEBI (Mutual Funds) Regulations, as amended from time to time and the disclosures made under the sections “How will the Scheme allocate its assets” and “ What is the Investment objective of the Scheme”, the corpus of the Scheme can be invested in any (but not exclusively) of the following securities:- 

• Domestic equity and equity related securities including convertible bonds and debentures and warrants etc. carrying the right to obtain equity shares.
• Derivative instruments like Stock/ Index Futures, Stock/Index Options etc. traded on derivatives markets in India and any other derivative instruments permitted by SEBI.
• ADRs/GDRs issued by Indian companies subject to the guidelines issued by the Reserve Bank of India and Securities and Exchange Board of India (SEBI).
• Equity of overseas companies listed on recognized stock exchanges overseas.
• Derivatives traded on recognized stock exchanges overseas only for hedging and portfolio balancing with underlying securities.
• Units/securities of overseas mutual funds/ overseas ETFs.
• Short term deposits with banks overseas where the issuer is rated not below investment grade.
• Initial and follow on public offerings for listing at recognized stock exchanges overseas.
• Foreign debt securities in the countries with fully convertible currencies, short term as well as long term debt instruments with rating not below investment grade by accredited/registered credit rating agencies.
• Government securities where the countries are rated not below investment grade. 
• Units/securities issued by overseas mutual funds or unit trusts registered with overseas regulators and investing in (a) aforesaid securities, (b) Real Estate Investment Trusts (REITs) listed in recognized stock exchanges overseas or (c) unlisted overseas securities (not exceeding 10% of their net assets).
• The scheme may invest in derivatives to engage in permitted currency hedging transactions with an intention to reduce exchange rate fluctuations between the currency of the scheme (INR) and the foreign currency exposure.
• Securities created and issued by the Central and State Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Securities guaranteed by the Central and State Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
• Repos in the form of investment, where the counterparty is rated not below investment grade and which does
• not involve any borrowing of funds by the Scheme/Fund.
• Debt securities issued by domestic Government agencies and statutory bodies, which may or may not carry Central/State Government guarantee.
• Corporate debt securities (of both public and private sector undertakings).
• Obligations or Securities issued by banks (both public and private sector) including term deposits as permitted by SEBI / RBI from time to time and development financial institutions.
• Securitised Debt.
• Money market instruments as permitted by SEBI/RBI and rated not below the investment grade.
• Tri Party Repo on Government Securities or treasury bill.
• Securities with Floating rate Instruments.
• Certificate of Deposits (CDs).
• Listed or to be listed Commercial Paper (CPs).
• Pass through, Pay through or other Participation Certificates, representing interest in a pool assets including receivables
• Such other securities / assets may be permitted by the SEBI from time to time.
• Derivative instruments like Interest Rate Futures (IRF), Interest Rate Swaps (IRS) etc. and any other debt instruments permitted by SEBI. (including Forward Rate Agreements). 

UTI Balanced Advantage Fund NFO – SID (Scheme Information Document)

Please click here to read the SID (Scheme Information Document) of this upcoming NFO scheme.

How to Invest?

Visit this page on the AMC website for further detail and investment.

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

The post UTI Balanced Advantage Fund – NFO Dates, Scheme Features appeared first on Investingly - Stock Market | Mutual Funds | IPO | NFO | NCD.