logo
All market index funds make diversified investing easy and simple

All market index funds make diversified investing easy and simple

Remember that such funds may correct more than a frontline index during a market correction
premium
Sarbajeet K Sen
Listen to This Article
Broad-based market indices are back in focus with the new fund offer (NFO) of Motilal Oswal BSE 1000 Index Fund opening for subscription. Fund houses like Mirae, Bandhan, Groww and Angel have also launched passively managed schemes which track the Nifty Total Market Index.
'These funds provide broad market exposure through a single investment, eliminating the need to choose individual stocks or select between different market segments like large, mid or smallcap. This makes it easy for investors, especially beginners, to gain diversified access to the entire market without the complexity of constantly managing and rebalancing a portfolio,' says Sirshendu

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fund houses plan retail-focused schemes at Gift City for overseas play
Fund houses plan retail-focused schemes at Gift City for overseas play

Business Standard

time7 days ago

  • Business Standard

Fund houses plan retail-focused schemes at Gift City for overseas play

Mirae and Tata among fund houses set to offer retail schemes from Gift-IFSC as clarity on regulation and tax drives investor interest in overseas diversification Khushboo Tiwari Mumbai Listen to This Article At least five mutual fund houses, including Mirae Asset Investment Managers and Tata Asset Management, are planning to launch retail schemes in the Gift-IFSC to tap into non-resident investors (NRIs) and local individuals seeking overseas exposure. These would be the first retail schemes from the financial hub, which has so far seen rising interest from alternative investment funds (AIFs). While two fund houses have firmed up their plans for retail schemes and the launch is expected in the next few months, sources said that three more have approached the International Financial Services Centre Authority (IFSCA), a unified regulator for the

NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF
NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF

Time of India

time7 days ago

  • Time of India

NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF

Mirae Asset Mutual Fund has announced the launch of the Mirae Asset Nifty India Internet ETF , an open-ended scheme that replicates/tracks the Nifty India Internet Total Return Index. The New Fund Offer (NFO) for the Mirae Asset Nifty India Internet ETF will open for subscription on June 18 and close on June 25. The fund will reopen for continuous sale and repurchase on July 2. This thematic ETF offers investors an opportunity to participate in India's growing internet-based business ecosystem through a diversified portfolio of companies that derive a significant portion of their revenues from online platforms. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More Undo The Nifty India Internet Index is designed to capture the performance of companies operating primarily in the internet domain, including segments such as e-commerce, fintech, web-based media and services, online travel, food delivery, digital entertainment, etc., selected from the Nifty Total Market Index. The index comprises a mix of large, mid, and small-cap companies, with a strong representation of emerging and digitally focused businesses, according to a press release. The scheme will be managed by Ekta Gala and Akshay Udeshi. The minimum initial investment during the NFO period will be Rs 5,000, and in multiples of Re 1 thereafter. Live Events 'India's digital economy is not just growing—it is reshaping how businesses operate and how consumers engage. With the launch of the Mirae Asset Nifty India Internet ETF , we are continuing our endeavour to provide investors access to structural, long-term themes through simple and transparent vehicles like ETFs. This product aligns with our view that thematic investing can be a meaningful part of building a future-ready portfolio,' said Swarup Anand Mohanty, Vice Chairman & CEO, Mirae Asset Investment Managers (India). The Nifty India Internet Index includes companies that have a significant reliance on digital and online business models, reflecting the broader internet economy in India. The index is reconstituted semi-annually and rebalanced quarterly. Currently, the index comprises 21 stocks, with the top stock capped at 20% at the time of rebalancing. The portfolio is expected to evolve as more digital and online-centric companies get listed and become part of the eligible universe. 'The Mirae Asset Nifty India Internet ETF is designed to reflect the shift in India's consumption and business landscape, where digital platforms are becoming central to engagement, delivery, and growth. By offering exposure to this evolving theme through an ETF, we aim to provide access to a diversified basket of businesses that are driving India's ongoing digital transformation,' said Siddharth Srivastava , Head – ETF Products, Mirae Asset Investment Managers (India).

NFO Alert: Mirae Asset Mutual Fund launches funds focused on dynamic allocation and financial sector fixed income strategy
NFO Alert: Mirae Asset Mutual Fund launches funds focused on dynamic allocation and financial sector fixed income strategy

Time of India

time12-06-2025

  • Time of India

NFO Alert: Mirae Asset Mutual Fund launches funds focused on dynamic allocation and financial sector fixed income strategy

Mirae Asset Mutual Fund has announced the launch of new fund offers (NFOs) for two distinct funds, catering to evolving investor preferences in a dynamic rate and liquidity environment. The two new funds offer differentiated approaches— a dynamic strategy blending arbitrage and debt allocations and a passively managed constant maturity strategy focused on the AAA-rated financial services segment. The new funds are Mirae Asset Income Plus Arbitrage Active FOF and Mirae Asset CRISIL IBX Financial Services 9-12 Months Debt Index Fund. Mirae Asset Income Plus Arbitrage Active FOF is an open-ended fund of funds scheme investing in units of actively managed debt oriented and arbitrage mutual fund schemes, and Mirae Asset CRISIL IBX Financial Services 9-12 Months Debt Index Fund is an open-ended index fund tracking CRISIL-IBX Financial Services 9-12 Months Debt Index. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Also Read | Mutual funds reduces overall cash allocation by Rs 6,200 crore to Rs 2.17 lakh crore in May The new fund offer or NFO for Mirae Asset Income Plus Arbitrage Active FOF will open for subscription on June 16 and will close on June 30. The new fund offer for Mirae Asset CRISIL IBX Financial Services 9-12 Months Debt Index Fund will open on June 17 and will close on June 23. Mirae Asset Income Plus Arbitrage Active FOF will re-open on July 7 while Mirae Asset CRISIL IBX Financial Services 9-12 Months Debt Index Fund Scheme re-open on June 26. Live Events 'We are optimistic about the potential of the Mirae Asset Income plus Arbitrage Active FOF to adapt to diverse market environments. While on one hand, active allocation across debt fund categories will help deal with a volatile fixed income space, ability to opt for Arbitrage funds when it offers a better opportunity will be an additional feature' said Mahendra Kumar Jajoo, CIO – Fixed Income, Mirae Asset Investment Managers (India). 'The Mirae Asset CRISIL IBX Financial Services 9-12 Months Debt Index Fund offers a low duration, low credit risk strategy through a passively managed index approach. It tracks a basket of AAA-rated financial sector issuers including banks, NBFCs, and HFCs with 9–12-month maturities. With a roll down strategy and attractive term spreads in the sector, it offers a good option for accrual strategy orientation with a bit of capital gains possibility' said Amit Modani, Dealer -Fixed Income & Fund Manager, Mirae Asset Investment Managers (India). For both schemes, the minimum initial investment during the new fund offer will be Rs 5,000 with subsequent investments in multiples of Re 1 thereafter. SIP will be available starting from Rs 99. Mirae Asset Income Plus Arbitrage Active FOF The scheme seeks to deliver stable and tax-efficient returns through a dynamic allocation between arbitrage and debt mutual fund schemes based on macroeconomic outlooks. The allocation can range between 35% to 65% each in actively managed arbitrage and debt mutual fund schemes, based on a disciplined 3-step process analyzing interest rate trends, arbitrage spreads, and debt market signals. The portfolio will be assessed monthly, especially around futures expiry, to ensure optimal allocation based on prevailing market conditions The scheme aims to act as an all-seasons vehicle for investors seeking stability, moderate risk, liquidity, and tax efficiency. Also Read | JioBlackRock Mutual Fund files draft documents with Sebi to launch its first 2 debt schemes Mirae Asset CRISIL IBX Financial Services 9-12 Months Debt Index Fund The fund is designed to track the CRISIL-IBX Financial Services 9-12 Months Debt Index, offering investors exposure to high-quality Commercial Papers (CPs), Certificates of Deposits (CDs), and bonds issued by AAA-rated financial services companies such as Public Sector Banks (PSU) and private banks, Non-Banking Financial Companies (NBFCs), and Housing Finance Companies (HFCs). The index follows a constant maturity roll-down strategy, maintaining instruments with 9-12 months maturity, and benefits from the term premium and declining yields as securities approach maturity. The portfolio is diversified across issuers with no single issuer exceeding 15% and rebalanced semiannually. With a Modified Duration of 0.65 years and Yield to Maturity (YTM) of 6.44% (as of June 10, 2025), the fund offers a compelling low-risk investment for investors seeking income with low interest rate sensitivity.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store