8 new fund offers are lined up for investors as Indian stock market starts rising again. See details
Amid this renewed bull run, mutual fund houses have also announced a number of new fund offers, most of which are passive schemes.
Bajaj Finserv Nifty 50 Index Fund: Launched on April 25, this new fund offer will close on May 9. This is an index fund which will track the performance of Nifty50.
DSP Silver ETF Fund of Fund: Launched by DSP Mutual Fund, this scheme falls in the category of fund of funds (domestic). It was launched on April 28 and will close on May 9. It seeks to generate returns which are in line with the performance of physical silver in domestic prices.
Edelweiss BSE Internet Economy Index Fund: Launched by Edelweiss Mutual Fund on April 25, this scheme will close for investors on May 9. This is an index fund which will track the returns of the BSE Internet Economy Total Return Index.
SBI Income Plus Arbitrage Active FOF: Launched by SBI Mutual Fund, this fund offer was opened on April 23 and will close on April 30. The objective of the scheme is to generate regular income and capital appreciation by investing in a blend of units of actively managed debt-oriented schemes and actively managed arbitrage mutual fund schemes.
Groww Gilt Fund: Launched by Groww Mutual Fund on April 23, this new fund offer is a debt scheme (Gilt fund) that will close on May 7. It seeks to generate credit risk-free returns by predominantly investing in sovereign securities issued by the central and state governments.
Motilal Oswal Infrastructure Fund: Launched on April 23, this sectoral/thematic scheme's offer will close on May 7. The scheme will primarily invest in the stocks of companies that are operating in India's infrastructure sector.
Nippon India Nifty 500 Low Volatility 50 Index Fund: Launched on April 16, the new fund offer will close on April 30. Investment in this scheme will provide returns commensurate with the total returns of the securities as represented by the Nifty 500 Low Volatility 50 Index.
Nippon India Mutual Fund has also launched another fund offer — the Nifty 500 Quality 50 Index Fund. The offer was launched on April 16 and will close on April 30.
UTI Multi Cap Fund: Launched by UTI Mutual Fund on April 29, this multi cap scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across the market cap. The offer will close on May 13.
Visit here for all personal finance updates.
First Published: 29 Apr 2025, 05:31 PM IST
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
36 minutes ago
- India.com
This company shares gains 5 percent after getting buy call from AnandRathi
25 महीने में करोड़पति बन गए निवेशक Sindhu Trade Link shares gained over 6 per cent even today July 14, 2025 even as benchmark indices Sensex and Nifty dropped significantly. Despite these market conditions, the stock opened gap up with a gain of 3.57 per cent today at Rs 32.49 against the previous close of Rs 31.22 on the BSE. The scrip gained further to touch the high of Rs 33.41, a gain of 6.5 per cent from the closing price of the last trading session. This uptick follows three consecutive days of decline. Technically, the counter trades higher than the 20-day, 50-day, 100-day and 200-day moving averages but lower than the 5-day moving averages. The 52-week high of the stock is Rs 39.25 on the BSE against the previous close of Rs 12.90. The market cap of the company is Rs 5,062.15 crore. Stock Under ASM As a precaution, the BSE has placed Reliance Power Ltd's securities under the Short Term Additional Surveillance Measure Stage I framework. This measure is intended to alert investors to high volatility in share prices. Being aware of such measures is crucial for investors making informed decisions. Meanwhile, the rally in the stock comes as the stock has given a breakout above its yearly Camarilla pivot level around Rs 29.80 and is currently sustaining above it. 'This breakout is technically significant as it coincides with the VWAP higher band, offering strong support at current levels. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, we advise going long in the Rs 31-29 zone, with an upside target of Rs 36. A stop-loss should be placed below Rs 27 on a daily closing basis to manage risk effectively,' a report by Anand Rathi said. Stock Market Today Meanwhile, the 30-share BSE Sensex declined 232. 93 points to 82,267.54 in early trade. The 50-share NSE Nifty dipped 71.4 points to 25,078.45. From the Sensex firms, Bajaj Finance, Infosys, Tech Mahindra, Bharti Airtel, HCL Tech and Asian Paints were among the biggest laggards. However, Trent, Axis Bank, Mahindra & Mahindra and NTPC were among the gainers.
Mint
36 minutes ago
- Mint
Expert view: Nifty EPS may grow at a 13% CAGR over FY25–FY27, says Anil Rego of Right Horizons PMS
Expert view: Anil Rego, the founder and fund manager at Right Horizons PMS, believes the Nifty 50 EPS may grow at a CAGR of nearly 13 per cent over FY25–FY27, making the case for moderate, earnings-driven gains over the medium term. In an interview with Mint, Rego shared his expectations for Q1 earnings and said he is positive about banking, defence, and consumer discretionary sectors, among others, at this juncture. Edited excerpts: Following a sluggish start, Indian markets witnessed a notable recovery in June, spurred by a combination of supportive global developments and decisive domestic policy actions. The Reserve Bank of India's 50 bps rate cut and a 100 bps reduction in the CRR, alongside a 9 per cent monsoon surplus and easing oil prices, have improved liquidity and sentiment. This led to a sharp uptick in rate-sensitive sectors like financials, real estate, and autos, with broader markets outperforming large caps. Globally, while risk sentiment has improved post-ceasefire in the Middle East, geopolitical fragility, policy uncertainty in the US, and tariff tensions remain key overhangs. Despite these risks, corporate earnings remain resilient, and consensus expects Nifty EPS to grow at a CAGR of nearly 13 per cent over FY25–FY27. This supports the case for moderate, earnings-driven gains over the medium term. The US tariff risk is a growing concern for Indian markets, especially after India announced retaliatory tariffs on US steel and aluminium at the WTO. While the risk remains sector-specific for now, impacting exports like IT, pharma, and metals, it does not yet pose a threat of prolonged economic pain due to India's strong domestic fundamentals. However, if trade tensions escalate further, it could hurt earnings in export-oriented sectors and trigger FPI outflows. The Q1FY26 earnings season is expected to show early signs of recovery, but it may not mark a broad-based turnaround just yet. While some sectors are poised to outperform, others are likely to face lingering challenges, suggesting that the worst may be behind us selectively, not uniformly. Banking sector: Banks are expected to report muted earnings growth due to margin compression from the RBI's recent repo rate cuts, seasonally weak fee income, and elevated credit costs, particularly in unsecured and agri loan segments. However, the outlook improves from the second half of the financial year (H2FY26), with expectations of improved loan growth, easing deposit costs, and declining slippages. IT sector: The IT sector is likely to report mixed revenue growth. Tier-1 IT companies may post flat to marginally negative constant-currency (CC) growth, with only a few companies expected to grow sequentially. Mid-tier firms are expected to do relatively better, driven by strength in BFSI, healthcare, and GenAI-led demand. The sector's deal pipeline remains healthy, and margin guidance is stable, indicating resilience despite macro headwinds. The market outlook supports a selective sectoral approach, focusing on areas with strong earnings visibility, structural tailwinds, and valuation comfort. Financials (banks & NBFCs) Banks remain structurally positive, with asset quality stabilising and credit demand holding up. Margins may have peaked, but lower funding costs from RBI rate cuts should aid profitability from H2FY26. NBFCs, especially in retail lending, gold loans, and vehicle finance, are expected to benefit from improved liquidity and demand recovery. Funding diversification and strong disbursement momentum support their outlook. Public and private capex revival, strong order books, and government focus on infrastructure make this sector attractive. Execution momentum is visible across electrification, construction equipment, and engineering segments, backed by rising investments and policy incentives. A structural growth story driven by indigenous procurement (92 per cent of contracts awarded to Indian firms), record exports, and rising capex allocation. Private players are gaining traction alongside DPSUs, supported by a ₹ 40,000 crore emergency procurement push. Hospitals are showing robust growth in profitability, ARPOB, and occupancy rates. Expansion into tier-2 cities and the medical tourism potential offer multi-year tailwinds. Diagnostics and digital health initiatives continue to support earnings resilience. Urban consumption remains healthy, aided by premiumisation and easing input costs. Value fashion, QSRs, electronics, and jewellery segments are doing well. Tax relief and rural revival could further aid demand in H2FY26. EMS firms are benefitting from PLI schemes, China+1 diversification, and rising demand for domestic electronics. Strong capex, growing order books, and operating leverage suggest continued double-digit growth. The Indian wealth management sector is at a pivotal inflection point, driven by the rapid rise of HNIs and ultra-HNIs. Financial assets held by these segments are projected to grow from $1.2 trillion in 2023 to $2.2 trillion by 2028, reflecting strong wealth creation and rising financialization of assets. Yet, only 15 per cent of India's financial wealth is professionally managed, compared to nearly 75 per cent in developed markets. This vast gap presents a structural opportunity for PMS, AIFs, and advisory platforms to expand. There appears to be selective value emerging in the IT sector, particularly among mid-tier companies, although the broader outlook remains cautious. Early Q1FY26 earnings trends suggest that: Tier-1 IT firms are expected to post muted revenue growth in constant currency terms, with flat to low-single-digit QoQ changes. Deal flow remains intact, but revenue conversion is lagging due to delayed decision-making by clients in the US and Europe. Mid-cap IT players, however, are showing signs of resilience. They are benefitting from niche capabilities in areas like healthcare, engineering services, and AI-linked digital services. Early previews indicate better execution and margin improvement from this segment. From a valuation standpoint, the sector has derated and is trading closer to its long-term average. While high-growth tailwinds of the pandemic years have faded, the sector offers reasonable entry points for long-term investors willing to ride out near-term demand uncertainty. Cost efficiency, GenAI adoption, and vendor consolidation deals could drive outperformance for well-positioned firms. As of June 2025, key indices like the Sensex are trading at nearly 24.7 times trailing PE and nearly 3.7 times P/B, which are above their 10-year averages. This elevated valuation comes after a sharp June rally driven by the RBI's front-loaded rate cuts, falling crude prices, and foreign inflows. In this context, a prudent equity investment strategy would involve: Bottom-up stock selection: Focus on fundamentally strong companies with stable earnings visibility, robust cash flows, and sectoral tailwinds, particularly in financials, manufacturing, healthcare, and select midcap IT. Maintain valuation discipline: Avoid chasing momentum in overvalued stocks or sectors. Seek opportunities where growth is not fully priced in, especially in sectors benefiting from reforms, PLI, or rising domestic demand. Diversify across market caps: While large caps offer safety in uncertain times, select mid and small caps with solid fundamentals and reasonable valuations can provide alpha as the cycle broadens. Use volatility to build exposure: Geopolitical risks, global rate uncertainty, and election-driven policies may trigger short-term corrections. These should be used to accumulate quality names rather than exiting in panic. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of the expert, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
India Today
an hour ago
- India Today
Sensex down 400 points: Why is stock market falling today?
Dalal Street continued its downward slide on Monday, starting the week on a negative note with benchmark indices falling half a percent. Sensex tanked over 400 points, while Nifty lost 100 of 11:50 am, the S&P BSE Sensex was down by 388.85 points to 82,111.62, while the NSE Nifty50 lost 110.85 points to 25, market was dragged by a decline in IT stocks as they acted as major laggards. All major IT shares were trading in The Nifty IT index faced broad-based selling pressure today, falling 1.42% to close at 37,159.25. Most major IT stocks ended in the red with significant declines across the board. Wipro led the fall with a sharp drop of 2.11%, followed by Tech Mahindra down 1.70% and HCL Technologies declining 1.67%.Other major IT stocks also faced selling pressure with Infosys down 1.63%, Tata Consultancy Services falling 1.43%, LTIMindtree declining 1.27%, and MphasiS dropping 0.49%. Persistent Systems and Coforge also joined the decline, falling 0.36% and 0.26% respectively."So, due to the trade war uncertainty and also the earnings season started with lukewarm earnings of TCS, that has been creating some kind of pressure in the market as the trade war uncertainty remains persist," said said Kranthi Bathini, Director - Equity strategy, WealthMills Securities Pvt Ltd."Investors and traders are trying to be on the sidelines. We need to see Nifty holding the 25,000 levels. If the market sustains 25,000 levels, the trend can be positive. If the market fails to hold the 25,000 level of Nifty, we can see some perceived weakness," he top five gainers on BSE were Eternal up 2.32%, Titan up 0.80%, Sun Pharmaceutical up 0.63%, ITC up 0.53%, and Adani Ports up 0.41%.On the losing side, Tech Mahindra crashed 1.70%, Infosys fell 1.69%, Bajaj Finance dropped 1.55%, Asian Paints declined 1.52%, and Tata Consultancy Services was down 1.50%.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said, "Nifty has been exhibiting weak trend weighed mainly by the weakness in the IT stocks. This weakness may persist particularly since the FIIs were big sellers in the cash market last Friday.""Market is expecting a US- India trade deal soon with a tariff rate of around 20% for India. If this happens the market will get a sentimental boost. Any disappointment on this front can drag the market further down," he added.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- EndsMust Watch
