Latest news with #SystematicInvestmentPlan
Time of India
a day ago
- Business
- Time of India
Deepak Shenoy's Capitalmind Mutual Fund files its first draft document with Sebi for a flexi cap fund
Deepak Shenoy 's CapitalMind Mutual Fund has filed its first draft document with Sebi to launch a flexi cap fund - Capitalmind Flexi Cap Fund . The fund will be an open-ended dynamic equity scheme investing across large cap, mid cap and small cap stocks. The investment objective of the fund will be to generate long-term capital appreciation by investing predominantly in equity & equity related instruments across market capitalization i.e. large-cap, mid-cap and small-cap stocks. Also Read | ITC and Cochin Shipyard among stocks that Quant Mid Cap Fund bought and sold in May 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 New Container Houses Vietnam (Prices May Surprise You) Container House | Search ads Search Now Undo It will be benchmarked against NIFTY 500 TRI and will be managed by Anoop Vijaykumar . The fund will offer regular and direct plans both with growth option only. For each purchase of units through lumpsum / switch-in / Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), exit load on redemption / Systematic Withdrawal Plan (SWP) / Switch-out, will be as: (i) If units redeemed or switched out within 12 months from the date of allotment – 1% of the applicable NAV (ii) If redeemed/switched out after 12 months from the date of allotment, the exit load will be nil. Live Events The minimum application amount for lumpsum investment is Rs 5,000 and in multiples of Re 1 thereafter. For SIP, the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter with a minimum of 6 instalments. The fund will allocate 65-100% in equity and equity related instruments of large cap, mid cap and small cap companies, 0-35% in debt securities & money market instruments (including cash & cash equivalents), 0-10% in units issued by REITs and INVITs, and 0-5% in units of mutual fund scheme. The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity-related instruments across market capitalizations. We employ a rule-based active approach using proprietary rule sets developed through an analysis of market, macroeconomic, and fundamental factors. Also Read | Money market funds outshine liquid & overnight funds in May. Time to rethink emergency fund strategy? 'Our equity allocation decisions are data-driven, based on objective market variables, including but not limited to macroeconomic variables, current equity market valuations and interest rates. Final investment decisions will be taken by the Fund Manager(s) based on the data referenced above, but may also be based on specific subjective analysis of underlying securities,' the fund house said in the draft document. Stock selection and weighting utilize quantitative factor-based methodologies designed to achieve a balanced mix of attributes that support long-term performance within defined risk parameters. A factor represents any quantifiable attribute that significantly explains the risk and/or return characteristics of a security. The Scheme may employ single factors or combinations to enhance diversification and risk control. According to the draft document, the scheme will be suitable for investors who are seeking - long term wealth creation and investment predominantly in equity and equity related instruments across large cap, mid cap and small cap stocks.
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Business Standard
4 days ago
- Business
- Business Standard
HDFC Balanced Advantage becomes first hybrid fund to cross ₹1 tn AUM
HDFC Balanced Advantage Fund (BAF) has become the first hybrid mutual fund (MF) scheme in India to achieve the ₹1-trillion asset milestone. This achievement makes it the second actively managed MF scheme—after Parag Parikh Flexi Cap Fund—to reach this 13-digit assets under management (AUM) mark. Launched in February 1994, HDFC BAF has consistently been one of the most popular MF offerings, largely due to its steady performance and stable fund management. Despite experiencing two changes in the fund house, the scheme was managed by the same fund manager for the majority of its lifetime. Prashant Jain, who managed the scheme from its inception, holds the record for managing an MF scheme for the longest period in India—28 years. Initially known as Centurion Prudence Fund, the scheme was renamed Zurich India Prudence Fund in 1999 when Zurich India acquired 20th Century Mutual Fund. In 2003, HDFC AMC acquired Zurich India, leading to the scheme being renamed HDFC Prudence Fund. It became HDFC Balanced Advantage Fund in 2018 following the merger with HDFC Growth Fund. After Jain's departure from HDFC AMC in 2022, the scheme has been managed by Gopal Agarwal, Anil Bamboli and Srinivasan Ramamurthy. HDFC BAF has delivered over 18 per cent annualised returns on lump-sum investments since its inception. Systematic Investment Plan (SIP) investments have also yielded nearly 19 per cent returns. Currently, the scheme leads the balanced advantage category return chart across all time frames. As of 13 June, it delivered a 23 per cent annualised return over the three-year period and a 26 per cent annualised return over the five-year period, according to Value Research data. Gopal Agarwal attributes this performance to the scheme's model-driven approach. 'We follow a model-driven approach to asset allocation with focus on valuation metrics, macroeconomic insights and bottom-up stock selection. The model dynamically adjusts equity exposure based on changing market conditions, helping manage risk while aiming for long-term growth,' he said.
Business Upturn
5 days ago
- Business
- Business Upturn
JPMorgan downgrades HDFC AMC stock to ‘Neutral'; sees limited near-term triggers after sharp rally
By Markets Desk Published on June 16, 2025, 07:54 IST JPMorgan has downgraded HDFC Asset Management Company (AMC) to 'Neutral' with a target price of ₹5,000, citing limited upside after the stock's sharp 33% rally in the past three months, outperforming the NIFTY's 10% gain. The brokerage acknowledged that equity inflows into the mutual fund industry have remained strong over the past few years, supported by benign inflation, steady GDP growth, and accommodative monetary policy. However, JPMorgan noted a slowdown in equity inflows in the year-to-date period, which could weigh on earnings momentum. It pointed out that while SIP (Systematic Investment Plan) flows remain resilient and are a medium-term structural driver for HDFC AMC, these positives appear to be fully priced in, with the stock currently trading at FY26/FY27 P/E of 37x/33x. Ahmedabad Plane Crash Markets Desk at
Time of India
13-06-2025
- Business
- Time of India
JioBlackRock gears up for third debt launch, files draft document of overnight fund with Sebi
JioBlackRock Mutual Fund has filed a draft document with Sebi for its third debt fund - an overnight fund. JioBlackRock Overnight Fund will be an open ended debt scheme investing in overnight securities with a relatively low interest rate risk and relatively low credit risk. The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising debt and money market instruments with overnight maturity. 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 If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo Also Read | JioBlackRock Asset Management receives SEBI approval to commence mutual funds business The scheme will be benchmarked against NIFTY 1D Rate Index and will be managed by Arun Ramachandran, Vikrant Mehta, and Siddharth Deb. The scheme will offer only direct plans and the plan shall offer only growth options. Live Events The minimum application amount for lumpsum investment will be Rs 500 and any amount thereafter. The minimum amount for switch-in to the scheme will be Rs 500 and any amount thereafter. The minimum amount for Systematic Investment Plan (SIP) will be Rs 500 and in multiples of Re 1 thereafter. The scheme will invest 0-100% in overnight securities or debt and money market instruments maturing on or before next business day. The investment objective of the scheme is to generate returns by investing in debt and money market instruments with overnight maturity. The total assets of the scheme will be invested in debt securities and money market instruments maturing on or before next business day. The scheme will be suitable for investors who are seeking regular income over a short term that may be in line with overnight call rates and want investment in debt and money market instruments with overnight maturity. Also Read | JioBlackRock Mutual Fund files draft documents with Sebi to launch its first 2 debt schemes Two days before the fund house filed draft documents with Sebi for a money market fund and liquid fund. Last month, the fund house shared the news that it has received Sebi's approval to commence mutual fund business. Earlier this week, the fund house announced the appointment of its executive leadership team and the launch of its website along with an exclusive early access initiative
Mint
12-06-2025
- Business
- Mint
The two-minute investment rule that can transform your finances
David Allen revolutionised productivity with a deceptively simple idea in his bestselling book Getting Things Done. Among his many insights, perhaps the most transformative is the two-minute rule: if something takes less than two minutes to do, do it immediately rather than adding it to your to-do list. The logic is elegant, the time spent writing it down, remembering it, and eventually doing it far exceeds the time needed to complete the task right away. This principle, born in the world of personal productivity, offers some valuable lessons for managing your investments. Just as Allen discovered that small tasks left undone create disproportionate mental overhead, small investment-related tasks left unattended can snowball into outsized financial problems. Read this | This CEO has no fixed-income investments, and has never done an SIP Consider a common scenario: you receive dividend payments, maturity proceeds, or some other lump sum that sits idle in your savings account for months. The two-minute action of transferring these funds into a liquid fund or setting up a Systematic Investment Plan (SIP) helps preserve purchasing power. Yet most investors defer this simple step, watching their money quietly lose value to inflation. The same applies to other routine tasks - updating nomination details, reviewing insurance coverage annually, reconciling portfolio statements, or ensuring your SIPs are running smoothly. Each of these typically takes just a couple of minutes, but ignoring them can lead to major headaches later. Allen's rule recognizes a fundamental truth about human behaviour: we tend to overestimate the effort needed for small tasks and underestimate their cumulative impact. In investing, this leads to a dangerous pattern—deferring minor maintenance until it turns into major problems. Take the simple act of reviewing your mutual fund statements each month. Most investors either ignore them or promise to do a 'proper" review later. But what does a proper review really entail? For most retail investors, it means little more than checking if the funds are performing reasonably and ensuring no unexpected charges have crept in. That's a two-minute job per fund. Yet catching issues early can prevent years of underperformance. If you use a platform like Value Research Fund Advisor, it becomes even easier. And remember, this isn't just financial housekeeping—it is return on investment (ROI) in its purest form. ROI is the gain on an action divided by its cost. While this is usually applied to large investment decisions, it holds just as true for micro-tasks. Move ₹50,000 from a 3% savings account to a 7% liquid fund, and in the 90 seconds it takes, you'll earn around ₹2,000 more over a year—that's equivalent of making over ₹80 lakh an hour for that minute-and-a-half of effort. Few corporate projects deliver such yields. In that light, procrastination isn't harmless—it's a silent wealth tax. Two minutes trumps indifference—because the market rewards speed and inflation punishes delay. Read this | The one number every investor must know—but rarely does This approach challenges the notion that good investing requires slow, careful deliberation over every decision. While big investment calls do deserve thought, much of successful portfolio management is just routine hygiene—small, regular actions that benefit from speed, not perfectionism. The rule also helps counter one of the most destructive forces in retail investing: procrastination disguised as preparation. Many investors delay getting started because they want to research the 'perfect" allocation or find the 'best" mutual funds. But the two-minute rule offers a better path: if you can identify a reasonable investment option quickly, act on it. You can always refine later. What you can't do is get back the time lost to inaction. The most important thing is to begin—begin somehow, with anything. Most importantly, the two-minute rule helps maintain what professionals call 'portfolio hygiene." Just like personal hygiene involves small actions that prevent illness, portfolio hygiene involves timely actions that prevent financial messes. Also read | Ask yourself these questions to avoid emotional investing So the next time you receive an investment-related alert or communication, ask yourself: Can I address this in two minutes or less? If yes, do it immediately. Whether it's updating contact details, checking balances, or making a small adjustment, these little acts compound over time. Successful investing isn't just about choosing the right stocks or funds—it's about consistently taking care of the small stuff before it becomes big stuff. Sometimes, the best financial advice isn't about what to buy, but about what to do now. Dhirendra Kumar is the founder and CEO of Value Research, an independent investment research firm.
