Funds

-          An Open-ended scheme replicating/tracking the NIFTY PSU Bank Index (TRI) NFO Period – January 12th, 2024 – 23rd January, 2024 Mumbai, January 17, 2024: HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses, has announced the launch of the HDFC NIFTY PSU Bank ETF. This ETF offers a simple way to...

HDFC Asset Management Company Limited (HDFC AMC) declares financial results for the periodended December 31, 2023. Amongst India’s largest mutual fund managers with QAAUM market share of 11.2% for the quarter endedDecember 31, 2023. Amongst India’s largest Actively Managed Equity Mutual Fund managers with QAAUM market share of12.6% for the quarter ended December 31, 2023. One of the most preferred choices of...

Bangalore, Bandhan Mutual Fund unveiled its new brand tagline - 'Badhte Raho', an invitation to enrich life. The tagline was derived based on the insight that financial security empowers us to live life to the fullest and ‘Badhte Raho’ encapsulates this philosophy by encouraging everyone to celebrate every joy, face challenges confidently, and embrace the continuous journey of progress....

• Motilal Oswal S&P BSE Quality ETF and Motilal Oswal S&P BSE Quality Index Fund (An open-ended scheme replicating/tracking the performance of the S&P BSE Quality Index) • Motilal Oswal S&P BSE Enhanced Value ETF and Motilal Oswal S&P BSE Enhanced Value IndexFund (An open-ended scheme replicating/tracking the performance of the S&P BSE EnhancedValue Index)Mumbai, 28 July 2022: Motilal Oswal...

• FIBAF aims to combine the best of both worlds, deriving from Franklin Templeton’s in-house proprietary dynamic asset allocation model • Managing equity exposure through equity derivatives, based on market valuations & fixedincome exposureMumbai, July 26, 2022: Franklin Templeton (India) is launching an open-ended dynamic assetallocation fund called Franklin India Balanced Advantage Fund (FIBAF). The fund intends togenerate long-term capital...

New Delhi June 03, 2022: Bajaj Finance Limited, the lending arm of Bajaj Finserv Limited, a leading conglomerate in financial services, has launched its financial education initiative ‘Har Time EMI On Time’, a digital campaign to drive awareness around the need and benefits of adopting good financial habits for a healthy financial future. The campaign seeks to educate the public at large about...

June 1, 2022, Jaipur/Mumbai: 121 Finance, India’s first Digital NBFC-Factor, after the release of the Registration of Factors (Reserve Bank) Regulations, January 2022, has been the first to get onboarded on all three TReDS exchanges – M1xchange, RXIL, and Invoicemart. With this, the NBFC-Factor joins the league of few selected visionary NBFCs and banks to get registered on the platform. Only...

New Delhi, 31st May, 2022 - Global crypto asset management platform, Kassio has announced its launch today in India. The company started with a strong vision to help its users extract value from their crypto holdings beyond just trading. Founded in 2020, Kassio is the brainchild of the three co-founders Sachin Singh, Anuj Yadav and Bharat Vivek, who altogether come with 10+...

Mumbai – 30th May 2022 – MSWIL (Motherson Sumi Wiring India Limited) today announced its financial results for the fiscal 2021-22 fourth quarter, which ended on 31st March 2022. Performance Highlights ·            Quarterly revenues of Rs. 1,662 crores, up by 14% on QoQ ·            Quarterly EBITDA of Rs 252 crores, up by 21% on QoQ ·            The board has recommended dividend of Rs. 0.85 per share for the FY21-22 The Indian automotive market demand remained strong though global shortages, logistics and geopolitical issues had its impact in production numbers. Despite the supply challenges of input child parts from global suppliers the team has continued to focus on operational efficiency and cost management to achieve commendable results. Commenting on the results, Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd. said, “We have kept our promise of bifurcating MSSL into two separate listed companies, one being domestic wiring harness business in India, to meet the demand / expectations of our shareholders/other stakeholders; completed in a period of 18 months...

Mumbai, India — May 30, 2022 — CoinDCX, one of India’s largest and the most valuable crypto company, today announced the launch of its new crypto yield program, ‘Earn’, a new way for CoinDCX’s customers to put their crypto to work and earn interest on their idling crypto assets.The ‘Earn’ feature is currently one of the most competitive products in...