Zerodha Fund House has launched the Zerodha Multi Asset Passive FoF(Fund of Fund), a new open-ended scheme that provides retail investors easy access to a range of asset classes through one investment. The fund uses a balanced strategy, with 30% in large-cap ETFs that track the top 100 companies, 30%
India’s ₹74 lakh crore mutual fund sector is preparing to embrace two new players Abakkus Asset Management and Choice International as both received preliminary approval from SEBI to start their mutual fund operations. Established by well-known fund manager Sunil Singhania, Abakkus AMC is presently active in the PMS and AIF
SEBI has released a mandate requiring investors in Special Investment Funds (SIFs) to keep a minimum investment of ₹10 lakh consistently. Mutual funds and Asset Management Companies (AMCs) must now track this threshold daily to ensure adherence and avoid violations resulting from redemptions or other transactions initiated by investors. If
A recent study conducted by the Insurance Awareness Commission (IAC) reveals that life insurance is the most acknowledged financial product in India, achieving 100% awareness, in contrast to 92% for health insurance and 72% for mutual funds. Interestingly, 57% of those surveyed identified financial security as the primary motivation for
The Wealth Company Mutual Fund has submitted Scheme Information Documents (SIDs) for four new schemes to SEBI, signifying its official entry into the Indian mutual fund sector. The offerings consist of a flexi cap fund, an arbitrage fund, a thematic fund, and a fixed income scheme—showcasing a varied product strategy
In Q1 FY 2026, HDFC Mutual Fund topped the sector by incorporating 10.7 lakh new folios, with Motilal Oswal MF (9.66 lakh) and Nippon India MF (9.24 lakh). ICICI Prudential MF (8.18 lakh) and PPFAS MF (5.70 lakh) completed the top five. Tata MF, SBI MF, Bandhan MF, Kotak MF,
Motilal Oswal Mutual Fund has introduced the Motilal Oswal Special Opportunities Fund, a thematic equity scheme available for subscription from July 25 to August 8, with regular transactions commencing on August 21. This flexible fund will put capital into businesses undergoing unique events such as policy shifts, mergers and acquisitions,
Maharashtra’s Charity Commissioner has allowed public trusts to allocate as much as 50% of their total funds into mutual funds and ETFs—without needing prior consent. This significant policy change streamlines the procedure, granting investment power directly to trustees. Experts estimate that this change could direct around ₹5,000–10,000 crore into mutual
Leading Mutual Fund Companies by Individual, Retail & HNI Assets in June 2025. By June 2025, HDFC Mutual Fund is at the forefront in individual investor AUM with ₹5.96 lakh crore, followed closely by ICICI Prudential MF at ₹5.93 lakh crore and SBI MF at ₹5.69 lakh crore. Together, individual
Summary: Key Need: Financial protection against the rising costs and increased prevalence of critical illnesses in 2025. Table of Contents 1. Introduction Critical Illness Insurance is a type of insurance policy that provides a lump-sum payment if you are diagnosed with a critical illness or condition that is specified in
