HDFC Mutual Fund has announced a New Fund Offer – HDFC MNC Fund – a thematic fund benchmarked to the Nifty MNC Index. As per the index factsheet available on NSE, the Nifty MNC Index comprises 30 listed companies on National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. HDFC MNC […]
DSP Value Fund – Is this really new?
On Nov 20, 2020, DSP Mutual Fund is launching a new fund – DSP Value Fund. The fund aims to follow value investing principles and invest in domestic as well as international stocks. It also plans to take on valuation based calls and sit on cash/money market investments, if right opportunities are not available. As […]
Is Motilal Oswal S&P 500 Index Fund a good fit for international diversification?
Motilal Oswal S&P 500 Index fund is the upcoming new fund offer from Motilal Oswal AMC with the theme of providing international diversification to investment portfolios. Why International Diversification? There is an important reason for it. As per World Bank, India has a roughly 3% share of world GDP. It means international diversification is an […]
NFO: Tata Quant Fund – the retail hedge fund
With just Rs. 5,000 one time investment or an SIP of Rs. 1,000 per month, you can participate in a modern hedge fund like strategy driven by Artificial Intelligence/Machine Learning. That’s, in summary, the sales pitch of the newly launched Tata Quant Fund. Did I say AI/ML in a hedge fund? Yes! The modern hedge […]
Quantum India ESG Fund NFO – an extra layer of quality?
Quantum Mutual Fund has announced the launch of its new fund scheme, Quantum India ESG Fund. ESG stands for Environment, Social and Governance, 3 parameters which together define sustainability. For the new scheme, the ESG criteria will play a key role in selection of stocks for the scheme’s portfolio. Why ESG? As the world gets […]