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ICICI Prudential MF announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
05-Dec-2024 ( 09:51 )
ICICI Prudential Mutual Fund has announced 09 December 2024 as the record date for declaration of IDCW in the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

ICICI Prudential ELSS Tax Saver Fund:

Regular Plan ' IDCW: 0.70

Direct Plan ' IDCW: 0.70

ICICI Prudential Infrastructure Fund:

Regular Plan ' IDCW: 2.60

Direct Plan ' IDCW: 2.60

ICICI Prudential Multicap Fund:

Regular Plan ' IDCW: 3.00

Direct Plan ' IDCW: 3.00

Baroda BNP Paribas Arbitrage Fund announces Income Distribution cum Capital Withdrawal (IDCW)
05-Dec-2024 ( 09:31 )
Baroda BNP Paribas Mutual Fund has announced 09 December 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option of Baroda BNP Paribas Arbitrage Fund. The amount of IDCW on the face value of Rs 10 per unit will be:

Regular Plan ' Monthly IDCW Option: Rs 0.06

Direct Plan ' Monthly IDCW Option: Rs 0.06

Navi Mutual Fund Change in Minimum Application Amount
05-Dec-2024 ( 10:20 )
Navi Mutual Fund announces that the Minimum Application Amount for Navi Nifty Next 50 Index Fund stands modified as under with effect from December 13, 2024.

Scheme Name Existing Revised
Navi Nifty Next 50 Index Fund Rs. 10 and in multiples of Re. 1/- thereafter

Rs.10 and in multiples of Re. 1/- thereafter

Rs.100/- and in multiples of Rs.1/-thereafter

NJ MF announces change in Fund Managers of the following scheme
04-Dec-2024 ( 11:12 )
NJ Mutual Fund has announced that Mr. Vishal Ashar, Dealer and Fund Manager for NJ Balanced Advantage Fund (Arbitrage Portion) and NJ Arbitrage Fund, will cease to be the Key Personnel effective from closing business hours of December 03, 2024. Accordingly, the fund Management Structure of the designated schemes is as follows:

Change in the name of the Scheme:

Name of the Fund Fund Management Structure
NJ Balanced Advantge Fund Mr. Viral Shah
Mr. Dhaval Patel
NJ Arbitrage Fund Mr. Viral Shah
Mr. Dhaval Patel

ICICI Prudential MF announces Income Distribution cum Capital Withdrawal (IDCW) under Two schemes
03-Dec-2024 ( 09:29 )
ICICI Prudential Mutual Fund has announced 05 December 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

ICICI Prudential Equity'Arbitrage Fund:

Regular Plan ' IDCW: 0.0500

Direct Plan ' IDCW: 0.0500

ICICI Prudential Multi'Asset Fund:

Regular Plan ' IDCW: 0.1600

Direct Plan ' IDCW: 0.1600

Franklin Templeton MF announces change in Fund Manager of the following scheme
03-Dec-2024 ( 11:32 )
Franklin Templeton Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 03 December 2024

Change in Fund Managers of the Scheme:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Franklin India Arbitrage Fund ' Yogik Pitti
' Rajasa Kakulavarpu
' Pallab Roy 		' Yogik Pitti
' Rajasa Kakulavarpu
' Pallab Roy
' Rohan Maru

Tata MF announces Income Distribution cum capital withdrawal (IDCW) under two schemes
02-Dec-2024 ( 09:29 )
Tata Mutual Fund has announced 04 December 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option and under the Periodic IDCW Periodic-Payout/Reinvestment) of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Tata Hybrid Equity Fund ' Regular Plan & Direct Plan: 0.37 each.

Tata Equity Savings Fund ' Regular Plan & Direct Plan: 0.057 each.

Bandhan MF announces change in Fund Manager of the following scheme
02-Dec-2024 ( 13:59 )
Bandhan Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 02 December 2024

Change in Fund Managers of the Schemes:

Scheme Name Existing Fund Manager(s) Revised Fund Manager(s)
Bandhan Large Cap Fund Mr. Sumit Agrawal Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra 		Mr. Manish Gunwani and Mr. Prateek Poddar
Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Focused Equity Fund Mr. Sumit Agrawal
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra 		Mr. Manish Gunwani,
Mr. Kirthi Jain and
Mr. Rahul Agarwal
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Financial Services Fund Equity portion:
Mr. Sumit Agrawal and Mr. Harshvardhan Agarwal
Debt Portion:
Mr. Harshal Joshi
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra 		Equity portion:
Ms. Ritu Modi and Mr. Harshvardhan Agarwal
Debt portion: Mr. Harshal Joshi
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra
Bandhan Balanced Advantage Fund Equity Portion:
Mr. Manish Gunwani and Mr. Prateek Poddar.
Debt Portion:
Mr. Brijesh Shah
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra
Debt overseas investment portion: Mr. Brijesh Shah 		Equity Portion:
Mr. Manish Gunwani and Mr. Vishal Biraia.
Debt Portion: Mr. Brijesh Shah
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra
Debt overseas investment portion: Mr. Brijesh Shah
Bandhan Retirement Fund Equity Portion:
Mr. Vishal Biraia
Debt Portion: Mr. Gautam Kaul
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra
Debt overseas investment portion: Mr. Brijesh Shah 		Equity Portion:
Mr. Vishal Biraia and Mr. Viraj Kulkarni Debt Portion: Mr. Gautam Kaul
Equity overseas investment portion: Ms. Ritika Behera & Mr. Gaurav Satra
Debt overseas investment portion: Mr. Brijesh Shah
Bandhan Core Equity Fund Mr. Manish Gunwani,
Mr. Rahul Agarwal and
Mr. Harsh Bhatia
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra 		Mr. Manish Gunwani and
Mr. Rahul Agarwal.
Equity overseas investment portion:
Ms. Ritika Behera &
Mr. Gaurav Satra
Bandhan Small Cap Fund Mr. Manish Gunwani
Mr. Kirthi Jain
Mr. Harsh Bhatia. Equity overseas investment portion:
Ms. Ritika Behera &
Mr. Gaurav Satra 		Mr. Manish Gunwani
Mr. Kirthi Jain
Equity overseas investment portion:
Ms. Ritika Behera &
Mr. Gaurav Satra
Bandhan Midcap Fund Equity portion:
Ms. Ritu Modi and Mr. Harsh Bhatia
Debt portion:
Mr. Harshal Joshi
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra 		Equity portion:
Ms. Ritu Modi
Debt portion:
Mr. Harshal Joshi
Equity overseas investment portion:
Ms. Ritika Behera & Mr. Gaurav Satra

UTI MF announces change in benchmark index under its schemes
02-Dec-2024 ( 11:59 )
UTI Mutual Fund has announced change in the benchmark of UTI Annual Interval Fund ' I with effect from November 29, 2024

Changes in Benchmark Index:

Scheme Name Existing Tier I Benchmark as per PRC Matrix Revised Tier I Benchmark as per PRC Matrix
UTI Annual Interval Fund ' I CRISIL Low Duration Debt Index CRISIL Low Duration Debt A-I Index
UTI Annual Interval Fund - II CRISIL Low Duration Debt Index CRISIL Low Duration Debt A-I Index
UTI Fixed Term Income Fund Series XXXVI - I (1574 Days) CRISIL Medium to Long Term Debt Index CRISIL Short Duration Debt A-II Index

Mahindra Manulife MF announces change in Fund Manager of the following scheme
02-Dec-2024 ( 10:57 )
Mahindra Manulife Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 03 December 2024

Change in Fund Managers of the Scheme:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Mahindra Manulife Mid Cap Fund 1. Mr. Krishna Sanghavi
2. Mr. Manish Lodha 		1. Ms. Kirti Dalvi
2. Mr. Krishna Sanghavi
3. Mr. Manish Lodha

Groww Mutual Fund Change in minimum lumpsum investment amount
29-Nov-2024 ( 11:24 )
Groww Mutual Fund announces that the minimum lumpsum investment amount for Groww Dynamic Bond Fund stands modified as under with effect from December 04, 2024.

Scheme Name Existing Lumpsum investment amount Revised Lumpsum investment amount
Groww Dynamic Bond Fund Rs. 100 and in multiples of Re. 1/- thereafter Rs. 500 and in multiples of Re.1 thereafter
Groww Overnight Fund Rs. 100 and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
Groww Liquid Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
Groww Short Duration Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
Groww Value Fund Rs. 10 and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
Groww Total Market Index Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter

ICICI Prudential MF announces Income Distribution cum Capital Withdrawal (IDCW) under Two schemes
28-Nov-2024 ( 09:22 )
ICICI Prudential Mutual Fund has announced 02 December 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

ICICI Prudential Balanced Advantage Fund:

Regular Plan ' Monthly IDCW: 0.07

Direct Plan ' Monthly IDCW: 0.07

ICICI Prudential Equity & Debt Fund:

Regular Plan ' Monthly IDCW: 0.16

Direct Plan ' Monthly IDCW: 0.16

UTI Conservative Hybrid Fund announces Income Distribution cum capital withdrawal (IDCW)
28-Nov-2024 ( 09:29 )
UTI Mutual Fund has announced IDCW is 02 December 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under Regular Plan-Monthly IDCW Option and Direct Plan-Monthly IDCW Option of UTI Conservative Hybrid Fund. The quantum of IDCW will be Rs 0.0800 per unit or 0.80% on the face value of Rs 10 per unit.

Axis Mutual Fund announces change in scheme name
28-Nov-2024 ( 12:50 )
Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 05 December 2024

Change in the name of the Scheme:

Existing Scheme name Revised Name
Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

TRUST MF announces change in benchmark index under its scheme
28-Nov-2024 ( 12:43 )
TRUST Mutual Fund has announced change in the benchmark of TrustMF Fixed Maturity Plan - Series II (1196 Days) with effect from November 27, 2024

Change in name of Benchmark of TrustMF Fixed Maturity Plan - Series II (1196 Days)

Scheme Name Existing Tier I Benchmark as per PRC Matrix Revised Tier I Benchmark as per PRC Matrix
TrustMF Fixed Maturity Plan - Series II (1196 Days): CRISIL Medium Duration Fund CIII Index CRISIL Medium Duration Fund AIII Index

Canara Robeco MF announces Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
27-Nov-2024 ( 13:41 )
Canara Robeco Mutual Fund has announced 29 November 2024 as the record date for declaration of quarterly & monthly Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

Canara Robeco Blue Chip Equity Fund ' Regular Plan ' IDCW Option: 1.52

Canara Robeco Blue Chip Equity Fund ' Direct Plan ' IDCW Option: 2.74

Canara Robeco Emerging Equities ' Regular Plan ' IDCW Option: 4.36

Canara Robeco Emerging Equities ' Direct Plan ' IDCW Option: 6.58

Canara Robeco ELSS Tax Saver ' Regular Plan ' IDCW Option: 1.25

Canara Robeco ELSS Tax Saver ' Direct Plan ' IDCW Option: 2.00

Canara Robeco Corporate Bond Fund ' Regular Plan ' IDCW Option: 0.29

Canara Robeco Corporate Bond Fund ' Direct Plan ' IDCW Option: 0.31

Canara Robeco Conservative Hybrid Fund ' Regular Plan ' Monthly IDCW Option & Direct Plan ' Monthly IDCW Option: 0.10 each

Canara Robeco Short Duration Fund ' Regular Plan ' Monthly IDCW Option & Direct Plan ' Monthly IDCW Option: 0.06 each

Canara Robeco Equity Hybrid Fund ' Regular Plan ' Monthly IDCW Option: 0.73

Canara Robeco Equity Hybrid Fund ' Direct Plan ' Monthly IDCW Option:0.60

Invesco Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under one scheme
27-Nov-2024 ( 09:18 )
Invesco Mutual Fund has announced 29 November 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the IDCW option of following schemes. The amount of IDCW (Rs per unit) will be:

Invesco India Balanced Advantage Fund ' Regular IDCW Option & Direct IDCW Option: 0.15

SBI Mutual Fund announces change in Key Personnel
26-Nov-2024 ( 17:05 )
SBI Mutual Fund has announced that Mr. Nand Kishore has been appointed as a Managing Director & CEO on the Board of SBI Management Company Ltd. effective November 23, 2024.

Details of Mr. Nand Kishore

Age: 58 years

Designation: (Managing Director & CEO)

Qualification: B.A, CAIIB

DSP Mutual Fund announces IDCW & Income Distribution cum Capital Withdrawal (IDCW) under its scheme
26-Nov-2024 ( 09:28 )
DSP Mutual Fund has announced 28 November 2024 as the record date for declaration of IDCW under the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

DSP Equity & Bond Fund - Regular Plan ' IDCW & Direct Plan ' IDCW: 0.200 each.

Kotak MF launches Transportation & Logistics Fund
26-Nov-2024 ( 13:56 )
Kotak Mahindra Mutual Fund has launched a new open-ended equity scheme focused on the transportation and logistics sector. The Kotak Transportation & Logistics Fund aims to capitalize on the growth potential of this industry, which is being driven by government initiatives like Bharatmala, Sagarmala, and the development of Dedicated Freight Corridors.

The New Fund Offer (NFO) opened on November 25, 2024, and will remain open for subscription until December 9, 2024. The minimum investment amount is Rs. 100, with subsequent investments in multiples of Re 100. An exit load of 1% of the applicable NAV applies if redeemed within 30 days from the date of allotment.

The fund will primarily invest in equity and equity-related securities of companies operating in transportation infrastructure, logistics services, innovative transportation solutions, and financial companies supporting the sector. The fund managers, Nalin Bhatt for equity and Abhishek Bisen for debt, will employ a bottom-up stock-picking approach, considering companies of various market capitalizations.

The scheme's performance will be benchmarked against the Nifty Transportation & Logistics Index (Total Return Index), which tracks the performance of 30 large-cap stocks in the transportation and logistics sector. Investors seeking exposure to the growing transportation and logistics sector may consider investing in this new fund.

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