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Canara Robeco Mutual Fund announces change in fund manager under its schemes
02-May-2025 ( 11:13 )
Canara Robeco Mutual Fund has announced change in fund manager under the following schemes, with effect from 05 May 2025.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s)
Canara Robeco Balanced Advantage Fund 1. Mr. Shridatta Bhandwaldar
2. Ms. Ennette Fernandes
3. Ms. Suman Prasad
4. Mr. Amit Kadam* 		1. Ms. Ennette Fernandes
2. Mr. Pranav Gokhale
3. Ms. Suman Prasad
4. Mr. Amit Kadam*

Bank of India Mutual Fund announces change in Exit Load Structure
02-May-2025 ( 12:09 )
Bank of India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 02 May 2025

Change in Exit Load:

Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
Bank of India Arbitrage Fund : ' For Redemption/switch out - of up to 10% of the initial units allotted within 30 days from the date of allotment - NIL
' Any Redemption/Switch out - in excess of the above mentioned limit would be subject to an exit load of 0.50%, if the units are switched out within 30 days from the date of allotment of units
' If the units are redeemed/switched out after 30 days from the date of allotment of units - NIL 		' Any Redemption/Switch out - would be subject to an exit load of 0.50%, if the units are redeemed/switched out within 15 days from the date of allotment of units.
' If the units are redeemed/switched out after 15 days from the date of allotment of units - NIL

Quantum Mutual Fund announces change in scheme name
30-Apr-2025 ( 17:05 )
Quantum Mutual Fund has announced change in scheme name under the following scheme, With effect from 01 May 2025.

Change in the name of the Scheme:

Existing Scheme Name Revised Scheme Name
'Quantum Long Term Equity Value Fund' 'Quantum Value Fund'

Mirae Asset Mutual Fund announces change in scheme name
30-Apr-2025 ( 10:40 )
Mirae Asset Mutual Fund has announced change in scheme name under the following schemes, With effect from 06 May 2025.

Change in the name of the Scheme:

Existing Scheme Name Revised Scheme Name
Mirae Asset Equity Allocator Fund of Fund Mirae Asset Diversified Equity Allocator Passive FOF
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF

Bajaj Finserv Mutual Fund announces change in fund manager under its schemes
28-Apr-2025 ( 09:38 )
Bajaj Finserv Mutual Fund has announced change in fund manager under the following schemes, with effect from 26 April 2025.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s)
Bajaj Finserv Nifty 50 ETF Mr. Ilesh Savla
Mr. Haresh Mehta 		Mr. Ilesh Savla
Bajaj Finserv Nifty Bank ETF Mr. Ilesh Savla
Mr. Haresh Mehta 		Mr. Ilesh Savla

360 ONE MF announces change in fund manager under its scheme
24-Apr-2025 ( 10:08 )
360 ONE Mutual Fund has announced change in fund manager under the following scheme, with effect from 25 April 2025.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s)
360 ONE Quant Fund Mr. Parijat Garg ' Fund Manager
Mr. Ashish Ongari ' Co-Fund Manager 		Mr. Ashish Ongari ' Fund Manager
360 ONE ELSS Tax Saver Nifty 50 Index Fund Mr. Parijat Garg ' Fund Manager
Mr. Ashish Ongari ' Co-Fund Manager 		Mr. Ashish Ongari ' Fund Manager

Edelweiss MF announces IDCW & Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
22-Apr-2025 ( 09:30 )
Edelweiss Mutual Fund has announced 24 April 2025 as the record date for declaration of IDCW on the face value of Rs 10 per unit under the following schemes. The amount IDCW (Rs. per unit) will be:

Edelweiss Balanced Advantage Fund ' Regular Plan ' Monthly IDCW Option & Direct Plan ' Monthly IDCW Option: Rs. 0.18 each

Edelweiss Aggressive Hybrid Fund ' Regular Plan ' IDCW Option & Direct Plan ' IDCW Option: Rs. 0.20 each.

Edelweiss Equity Savings Fund ' Regular Plan ' Monthly IDCW Option & Direct Plan ' Monthly IDCW Option: Rs. 0.08 each.

Capitalmind receives SEBI nod to launch mutual fund business
21-Apr-2025 ( 16:33 )
Capitalmind Financial Services has secured final approval from the Securities and Exchange Board of India (SEBI) to launch Capitalmind Mutual Fund, marking its official entry into India's mutual fund space. Known for its data-driven and transparent Portfolio Management Services (PMS) and Alternative Investment Funds (AIF), Capitalmind now aims to extend its rules-based, quantitative investment approach to retail investors.

The company plans to kick off with active equity mutual funds, followed by offerings in debt, hybrid, and multi-asset categories. Its strategies, such as Adaptive Momentum and Surge India, have delivered post-fees returns of over 27.1% and 28.9% respectively over five years, and will form the backbone of the new fund offerings.

Led by founder Deepak Shenoy and COO Vashistha Iyer, the firm is positioning itself as a tech-forward AMC with a strong emphasis on transparency, in-house tech, and quantitative research. Capitalmind manages Rs 2,058 crore for PMS and AIF clients and has an engaged digital community of over 4 lakh followers.

Its entry comes as India's mutual fund industry crosses Rs 65 lakh crore in AUM, and Capitalmind hopes to democratize sophisticated investing with a retail-first, evidence-based philosophy.

ICICI Prudential MF announces change in Fund Manager of the following schemes
21-Apr-2025 ( 09:34 )
ICICI Prudential Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 21 April 2025

Change in Fund Manager of the Scheme:

Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s)
ICICI Prudential Smallcap Fund ' Mr. Anish Tawakley
' Mr. Sri Sharma 		' Mr. Anish Tawakley
' Mr. Aatur Shah
ICICI Prudential Income Plus Arbitrage Active FOF (Erstwhile ICICI Prudential Income Optimizer Fund (FOF)) ' Mr. Manish Banthia
' Mr. Ritesh Lunawat
' Ms. Sharmila D'mello
' Ms. Masoomi Jhumarvala
' Mr. Dharmesh Kakkad 		' Mr. Manish Banthia
' Mr. Ritesh Lunawat

HDFC Mutual MF announces change in fund manager under its scheme
21-Apr-2025 ( 10:28 )
HDFC Mutual Fund has announced change in fund manager under the following scheme, with effect from 18 April 2025.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s)
HDFC Defence Fund* Abhishek Poddar Priya Ranjan and Rahul Baijal

Aditya Birla Sun Life MF announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
17-Apr-2025 ( 09:30 )
Aditya Birla Sun Life Mutual Fund has announced 22 April 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Aditya Birla Sun Life Balanced Advantage Fund:

Regular Plan ' IDCW Option: 0.149

Direct Plan ' IDCW Option: 0.169

Aditya Birla Sun Life Arbitrage Fund:

Regular Plan ' IDCW Option: 0.065

Direct Plan ' IDCW Option: 0.067

Aditya Birla Sun Life International Equity Fund:

Regular Plan ' IDCW Option: 1.052

Quant Mutual Fund announces change in Exit Load Structure
17-Apr-2025 ( 10:53 )
Quant Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 21 April 2025

Change in Exit Load:

Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
quant Manufacturing Fund
quant Momentum Fund
quant Multi Asset Fund Allocation
quant Dynamic Asset Allocation Fund
quant Commodities Fund
quant Absolute Fund
quant PSU Fund
quant Consumption Fund
quant Flexi Cap Fund
quant Focused Fund
quant Healthcare Fund
quant Large and Mid-Cap Fund
quant Large Cap Fund
quant Quantamental Fund
quant Value Fund
quant Business Cycle Fund
quant Teck Fund
quant Active Fund
quant ESG Equity Fund
quant BFSI Fund 		For redemptions / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrespective of the amount of investment: 1% -For redemptions / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrespective of the amount of investment: 1%

No exit load shall be applicable on switches from Regular Plan to Direct Plan and vice versa, under the same scheme.

quant Mid Cap Fund
quant Infrastructure Fund 		For redemptions / switch outs (including SIP/STP) within 3 months from the date of allotment of units, irrespective of the amount of investment: 0.5% For redemptions / switch outs (including SIP/STP) within 3 months from the date of allotment of units, irrespective of the amount of investment: 0.5%

No exit load shall be applicable on switches from Regular Plan to Direct Plan and vice versa, under the same scheme.

quant Liquid Fund lnvestor exit upon subscription / switch-In Exit Load as a % of redemption Proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 onwards 0.0000% 		lnvestor exit upon subscription / switch-In Exit Load as a % of redemption Proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 0.0000% onwards No exit load shall be applicable on switches from Regular Plan to Direct Plan, under the same scheme.
quant ELSS Tax Saver Fund NIL. However, the scheme has lock-in period of 3 years. -NIL. However, the scheme has lock-in period of 3 years.

No exit load shall be applicable on switches from Regular Plan to Direct Plan and vice versa, under the same scheme.

quant Arbitrage Fund 0.25% if redeemed/switched out on or before completion of 1 month from the date of allotment of units.

No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.

0.25% if redeemed/switched out on or before completion of 1 month from the date of allotment of units.

No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.

No exit load shall be applicable on switches from Regular Plan to Direct Plan and vice versa, under the same scheme.

quant Small Cap Fund For redemptions / switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment: 1% For redemptions / switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment: 1%

No exit load shall be applicable on switches from Regular Plan to Direct Plan and vice versa, under the same scheme.

HDFC MF announces Income Distribution cum Capital Withdrawal (IDCW) under under its schemes
16-Apr-2025 ( 09:37 )
HDFC Mutual Fund has announced 17 April 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan IDCW & monthly IDCW option and direct plan IDCW & monthly IDCW option of HDFC Arbitrage Fund. The amount of distribution (Rs per unit) will be:

HDFC Arbitrage Fund ' Wholesale Plan ' Regular Plan ' Normal IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund ' Wholesale Plan ' Direct Plan ' Normal IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund ' Wholesale Plan ' Regular Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund ' Wholesale Plan ' Direct Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050

JM Financial MF announces change in Fund Management responsibilities of the following schemes
12-Apr-2025 ( 12:35 )
JM Financial Mutual Fund has announced change in Fund Management responsibilities of the following schemes with effect from: 11 April 2025

Change in Fund Manager Management responsibilities:

Fund Manager:
Name of the Scheme(s) Existing Fund Manager(s) Fund Managers & Co-Fund Manager(s)
JM Flexicap Fund Fund Manager: Mr. Satish Ramanathan

Co-Fund Managers:
Mr. Asit Bhandarkar
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager:

Mr. Satish Ramanathan

Co-Fund Managers:

Mr. Asit Bhandarkar
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

JM Large Cap Fund Fund Managers:
Mr. Satish Ramanathan

Co-Fund Managers:
Mr. Asit Bhandarkar
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager:
Mr. Deepak Gupta

Co-Fund Managers:

Mr. Asit Bhandarkar
Mr. Satish Ramanathan
Ms. Ruchi Fozdar (Debt Portion)

JM Value Fund Fund Manager
: Mr. Satish Ramanathan

Co-Fund Managers:
Mr. Asit Bhandarkar
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Satish Ramanathan

Co-Fund Managers:
Mr. Asit Bhandarkar
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

JM Focused Fund Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

JM ELSS Tax Saver Fund Fund Manager
: Mr. Chaitanya Choksi

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Asit Bhandarkar
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Deepak Gupta

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Asit Bhandarkar
Ms. Ruchi Fozdar (Debt Portion)

JM Aggressive Hybrid Fund Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

JM Arbitrage Fund Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

JM Midcap Fund Fund Manager
: Mr. Satish Ramanathan

Co-Fund Managers:
Mr. Asit Bhandarkar
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Satish Ramanathan

Co-Fund Managers:
Mr. Asit Bhandarkar
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

JM Small Cap Fund Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Chaitanya Choksi
Ms. Ruchi Fozdar (Debt Portion)

Fund Manager
: Mr. Asit Bhandarkar

Co-Fund Managers:
Mr. Satish Ramanathan
Mr. Deepak Gupta
Ms. Ruchi Fozdar (Debt Portion)

Equity mutual fund inflows dip in march despite rising AUM
11-Apr-2025 ( 14:11 )
Equity mutual funds net inflows fell in March 2025, according to data released by the Association of Mutual Funds in India (AMFI). Net inflows came in at Rs 25,082 crore ' marking a 14.4% drop from February's Rs 29,303 crore.

A cocktail of global trade tensions and economic uncertainty seems to have kept investors on edge. Markets have been jittery, and that cautious mood spilled over into mutual fund flows.

Despite the dip in fresh investments, total equity Assets Under Management (AUM) actually grew, rising to Rs 29.45 lakh crore in March from Rs 27.39 lakh crore in February. Credit largely goes to Systematic Investment Plans (SIPs), which continued to hum along steadily, acting as the tortoise to the market's hare.

SIP inflows fell marginally to Rs 25,926 crore during the month against Rs 25,999 crore received in February 2025.

Zooming out, the mutual fund industry's total AUM reached Rs 65.74 lakh crore in March, up from Rs 64.53 lakh crore in February ' yet another sign that the long-term money is still in the game.

Largecap fund inflows stood at Rs 2,479 crore for the month under review against Rs 2,866 crore in February 2025, registering a fall of 13.5% month-on-month. Midcap fund inflows, however, rose marginally to Rs 3,438.87 crore for the month against Rs 3,406.95 crore in February 2025, according to AMFI.

Meanwhile, debt mutual funds had a bit of a meltdown. Outflows skyrocketed to Rs 2.03 lakh crore in March, a sharp jump from February's Rs 6,526 crore. The biggest hit came from liquid funds (Rs -1.33 lakh crore), as corporates and institutions pulled out cash ahead of the financial year-end.

The new fund offer (NFO) party was still on. March saw 30 new mutual fund launches, raising Rs 4,085 crore. Index funds led the pack, with 11 new schemes mopping up Rs 2,049 crore. Two low-duration funds also joined the fray, pulling in Rs 928 crore.

HDFC FMP 1162D March 2022 ' Series 46 Merger into HDFC Banking and PSU Debt Fund
11-Apr-2025 ( 13:50 )
HDFC Mutual Fund has approved the merger of HDFC FMP 1162D March 2022 ' Series 46 Merger into HDFC Banking and PSU Debt Fund, with effect from 19 May 2025.

Motilal Oswal Mutual Fund announces change in Key Personnel
11-Apr-2025 ( 12:07 )
Motilal Oswal Mutual Fund has announced that Mr. Ranjit Sawant has been appointed as an Dealer - Key Personnel Officer on the Board of the Trustee Company with effect from April 11, 2025.

Details of Mr. Ranjit Sawant,

Age: 26 years

Designation: Dealer - Key Personnel

Qualification: Bachelor of Accounting Finance
Master of Advance Accounting and Finance

Trust Mutual Fund announces change in Key Personnel
09-Apr-2025 ( 11:41 )
Trust Mutual Fund has announced that Mr. Sanjay Pantula has been appointed as an Chief Business Officer on the Board of the Trustee Company with effect from April 02, 2025.

Details of Mr. Sandhir Sharma,

Age: 49 years

Designation: Chief Business Officer

Qualification:'MBA from BVIMR, (University of Pune) BBS (University of Delhi)

Nippon India Balanced Advantage Fund announces Income Distribution cum Capital Withdrawal (IDCW)
08-Apr-2025 ( 09:24 )
Nippon India Mutual Fund has announced 11 April 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ' IDCW payout and direct plan ' IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.

UTI MF announces change in Fund Manager of the following schemes
08-Apr-2025 ( 14:02 )
UTI Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 08 April 2025

Change in Fund Manager of the Scheme:

Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s)
UTI Flexi Cap Fund Mr. Ajay Tyagi - Fund Manager
Mr. Ravi Gupta - Assistant Fund Manager 		Mr. Ajay Tyagi - Fund Manager
Mr. Ravi Gupta - Assistant Fund Manager
Mr. Kamal Gada - Assistant Fund Manager
UTI Unit Linked Insurance Plan Mr. Sunil Patil ' Fund Manager (Debt Portion)
Mr. Ajay Tyagi ' Fund Manager (Equity Portion)
Mr. Ravi Gupta ' Assistant Fund Manager (Equity Portion) 		Mr. Sunil Patil - Fund Manager (Debt Portion)
Mr. Ajay Tyagi - Fund Manager (Equity Portion)
Mr. Ravi Gupta - Assistant Fund Manager (Equity Portion)
Mr. Kamal Gada - Assistant Fund Manager (Equity Portion)
UTI Gilt Fund Mr. Sudhir Agrawal Mr. Pankaj Pathak
UTI Dynamic Bond Fund Mr. Sudhir Agrawal Mr. Pankaj Pathak
UTI Floater Fund Mr. Sudhir Agrawal Mr. Pankaj Pathak
UTI Short Duration Fund Mr. Sudhir Agrawal Mr. Anurag Mittal

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