MF News
NFO Update: Groww Mutual Fund launches Groww Nifty Private Bank ETF
Groww Mutual Fund has launched the Groww Nifty Private Bank ETF, a passive scheme tracking the Nifty Private Bank Index TRI. The NFO is open until May 20. The fund offers exposure to private banking stocks with a low-cost, rules-based approach, aiming to minimise tracking error and deliver benchmark-aligned returns.
Axis Mutual Fund announces temporary suspension of subscription to units in its 3 international funds
Axis Mutual Fund has temporarily suspended subscriptions in three international funds from May 5 due to overseas investment limits. While fresh inflows are halted, redemptions and existing SIPs continue. The move comes amid strong past returns and follows leadership changes, including Ashish Gupta’s exit and R Sivakumar’s elevation as CIO.
JioBlackRock Mutual Fund files draft document with Sebi for hybrid long-short fund under Prism SIF
JioBlackRock Mutual Fund has filed draft papers with Sebi to launch a hybrid long-short fund under its Prism SIF platform. The interval strategy will invest across equity, debt and derivatives with limited short exposure. With structured allocation and income strategies, the fund targets long-term capital appreciation alongside income generation for investors.
HDFC Mutual Fund increases fresh SIP registration amount in HDFC Defence Fund, caps STP at Rs 25,000
HDFC Mutual Fund has revised investment rules for its HDFC Defence Fund, increasing the minimum amount for fresh SIP registrations. It has also capped new STP registrations at ₹25,000 per month per investor (PAN level), allowing them only under a monthly frequency from May 4.
NFO Alert: Axis Mutual Fund launches Axis Nifty Capital Markets Index Fund
Axis Mutual Fund has launched the Axis Nifty Capital Markets Index Fund, an open-ended scheme tracking the Nifty Capital Markets Total Return Index (TRI). The NFO is open till May 15 and aims to mirror index performance, before expenses, subject to tracking error. The fund offers investors exposure to India’s evolving capital markets ecosystem.
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule works
Mutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rolling out a voluntary lock-in facility. This Sebi-introduced framework offers enhanced safety and control, applicable to both demat and non-demat holdings, and is accessible via MF Central.
Kotak Mutual Fund temporarily suspends subscriptions in its 4 international funds
Kotak Mutual Fund has temporarily restricted subscriptions in four international funds, allowing investments up to Rs 1 lakh per PAN per month. The move reflects ongoing limits on overseas investments. Existing SIPs will continue, while fresh inflows are capped. The funds have delivered strong returns over the past year.
NFO Alert: Union Mutual Fund announces launch of equity long short fund under Arthaya SIF
Union Mutual Fund has launched its Arthaya Equity Long Short Fund under the new SEBI SIF framework. This strategy aims to generate returns across market cycles by combining long equity positions with selective short exposure, bridging the gap between traditional and alternative investment products.
ETFs record highest ever net inflows of more than Rs 1.8 lakh crore in FY26: Zerodha Fund House
Indian Exchange Traded Funds experienced unprecedented net inflows of over Rs 1.8 lakh crore in FY26. Commodity ETFs, specifically Gold and Silver, drew more investor interest than equity ETFs. This marks a significant shift, with over half of all ETF inflows directed towards these precious metals. This trend indicates investors are diversifying their portfolios using the ETF structure.
ICICI Prudential Mutual Fund announces change in fund management of two funds
ICICI Prudential Mutual Fund has announced changes in fund managers for two schemes effective May 1, with S Naren exiting both. The Passive Multi Asset FoF and Global Advantage FoF will see revised management structures. The update comes amid ongoing reshuffles within the fund house’s portfolio management teams.
Must Watch
HSBC Mutual Fund announces launch of its SIF platform, RedHex
HSBC Mutual Fund introduces RedHex SIF, a new specialized investment fund in India. This offering provides investors with focused strategies and portfolio flexibility. It operates within the familiar mutual fund structure, emphasizing transparency and governance. RedHex SIF targets experienced, institutional, and HNI investors with a minimum investment of Rs 10 lakh.
Global gold ETF holdings jump 801 MT; ETF share in consumption surges to 16% in CY25 from near zero: Report
Global gold demand as ETF inflows and bar and coin buying surged, shifting consumption away from jewellery. Rising prices curbed discretionary purchases, while investment demand strengthened globally and in India amid geopolitical uncertainty, diversification needs, and sustained central bank accumulation.
NFO Alert: Tata Mutual Fund announces launch of Titanium Equity Long‑Short Fund
Tata Mutual Fund has launched the Titanium Equity Long-Short Fund under its Titanium SIF platform, offering a dynamic long-short equity strategy with net exposure ranging from -25% to 100%. Aimed at high-risk investors, the NFO is open until May 11.
Silver and gold commodity based ETFs rally up to 3%. What should investors do?
Silver and gold ETFs saw gains of up to 3% on Monday, despite a lower opening for bullion prices on MCX. Rising crude oil prices fueled inflation concerns, reinforcing expectations of prolonged high interest rates. Experts suggest this consolidation phase offers an attractive window for long-term investors to accumulate precious metals.
NFO Alert: Invesco Mutual Fund launches BSE Sensex and Nifty Bank based index funds
Invesco Mutual Fund announced the launch of two new funds on Thursday, Invesco India BSE Sensex Index Fund and Invesco India Nifty Bank Index Fund.
WhiteOak Mutual Fund waives exit load on fresh investments; existing units retain old charges
WhiteOak Capital Mutual Fund has removed exit loads on new investments in its equity and hybrid schemes. This investor-friendly move enhances flexibility and improves the investment experience. The change applies to most schemes, excluding liquid and arbitrage funds. This decision aims to provide greater liquidity and agility for investors making portfolio decisions.