Latest news with #NipponIndiaMutualFund
&w=3840&q=100)
Business Standard
16-07-2025
- Business
- Business Standard
NFO Alert! Nippon India launches Nifty 1D Rate Liquid ETF; check details
Nippon India Nifty 1D Rate Liquid ETF: Nippon India Mutual Fund has launched the Nippon India Nifty 1D Rate Liquid ETF, an open-ended exchange-traded fund that aims to replicate the performance of the Nifty 1D Rate Index. The new fund offer (NFO) opens today, July 16, 2025 and closes on Friday, July 18, 2025. According to the scheme information document, the investment objective of the Nippon India Nifty 1D Rate Liquid ETF - Growth is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills/Repo & Reverse Repo as represented by Nifty 1D Rate index before expenses, subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be achieved. The units of the scheme will be listed on the National Stock Exchange (NSE) for ongoing trading within 5 working days from the date of allotment. During the NFO, investors can invest a minimum of ₹1,000 and in multiples of ₹1 thereafter. There is no entry or exit load, and there is no lock-in period. As per the risk-o-meter, the principal invested in the scheme will be at low risk. "Investment in Debt & Money Market Instruments is subject to price, credit, and interest rate risk. The NAV of the Scheme may be affected, inter alia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures," the AMC said in the SID. Vikash Agarwal and Vivek Sharma are the designated fund managers for the scheme. Agarwal is the senior fund manager, and Sharma is the fund manager at Nippon India Mutual Fund. Nippon India Nifty 1D Rate Liquid ETF: Who should invest? According to the SID, the scheme is suitable for investors seeking current income with a high degree of liquidity and investment in Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo predominantly and money market instruments. However, investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Mint
11-07-2025
- Business
- Mint
Nippon India Mutual Fund raises stake in Whirlpool of India. Details here
Nippon India Mutual Fund has increased its stake in Whirlpool of India, breaching the 5 percent ownership threshold—a key disclosure requirement under SEBI norms. The fund, acting through its trustee company Nippon Life India Trustee Ltd, acquired an additional 1,82,901 equity shares of the consumer durables company. This latest acquisition took its overall stake to 5.0091 percent of the total share capital of Whirlpool of India, up from 4.8649 percent held earlier. Before the transaction, Nippon India Mutual Fund owned 61,72,230 equity shares in the company. The purchase has raised its total shareholding to 63,55,131 shares. According to the exchange filing, the transaction was executed through open market purchases between January 10, 2018, and July 8, 2025. Crossing the 5 percent mark triggers mandatory disclosures under SEBI regulations, signalling rising institutional interest in the stock. While the fund has been gradually accumulating shares, this step suggests growing confidence in Whirlpool's long-term strategic potential, despite near-term business pressures. The timing of the increased stake comes amid reports of a potential acquisition bid for Whirlpool of India. Indian conglomerates Reliance Retail and Havells are reportedly exploring a joint offer to buy a significant or controlling stake in the company. This move follows Whirlpool Corporation's global restructuring plans, which involve selling non-core assets and exiting less profitable geographies, including India. Whirlpool of India, a subsidiary of the U.S.-based Whirlpool Corporation, has been facing operational and profitability challenges over the past few quarters. The company posted a net loss of ₹ 26.5 crore in Q4FY24, reflecting weak consumer demand and margin pressure. Still, the brand's strong equity in the Indian appliance market, wide product range, and extensive retail network make it an attractive acquisition target for Indian companies looking to scale up their presence in the consumer durables space. A successful acquisition could help Reliance or Havells expand their product portfolios, tap into Whirlpool's distribution infrastructure, and consolidate their leadership in home appliances. With rising household incomes and increasing demand for quality home products, the Indian market offers substantial room for growth. Following the news of increased stake and acquisition buzz, Whirlpool of India's stock gained nearly 3 percent to touch an intraday high of ₹ 1,366.85. However, the broader picture remains cautious. The stock is still down nearly 44 percent from its 52-week high of ₹ 2,450, reached in October 2024. It is currently trading well above its 52-week low of ₹ 899, recorded in March 2025, but has yet to regain strong momentum. In terms of recent performance, the stock has declined almost 3 percent so far in July. This follows a 13.4 percent gain in June and mixed movement earlier this year, including a sharp 27 percent jump in April and significant declines of 18.5 percent in February and 38 percent in January. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)
Business Standard
10-07-2025
- Business
- Business Standard
MNC Funds: High quality, but hold for a minimum of 5 years to offset risks
This theme can underperform during strong rallies in domestic markets Sarbajeet K Sen Listen to This Article MNC (multinational corporation) funds have struggled over the past year. The category declined by 5.1 per cent, compared with a 2.2 per cent gain in flexi-cap funds, over the past year. Despite this, Nippon India Mutual Fund has launched a new fund offer (NFO) for its MNC Fund, aiming to tap into the long-term growth potential of the category. 'Thematic funds can display some divergence vis-à-vis the broader market in certain market phases. In the past one year, banking and financial services significantly outperformed the broader markets while themes like industrials, FMCG and consumer discretionary, which form a high percentage
Mint
12-06-2025
- Business
- Mint
BEL share price edges higher despite Nippon India Mutual Fund booking profit in defence PSU
BEL share price rose marginally on Thursday, inching near its 52-week high level. BEL shares gained as much as 0.71% to ₹ 395.70 apiece on the BSE. The gains in BEL share price today comes despite a recent stock exchange disclosure showing that a major mutual fund house has sold shares of the defence PSU company. Nippon India Mutual Fund has sold a significant number of equity shares of Bharat Electronics Ltd (BEL) from the month of March 2020 to June 2025. According to a stock exchange filing, Nippon India Mutual Fund sold 5,13,812 equity shares of BEL, representing 0.007% stake in the defence PSU, through the open market on the National Stock Exchange of India (NSE). The sale transactions were entered into from 13 March 2020 to 9 June 2025. Prior to the transaction, the fund house held 23,10,90,464 shares of BEL, aggregating to 3.1614% equity stake in the company. After the sale, the shareholding of Nippon India Mutual Fund in Bharat Electronics has dropped to 3.1544%, holding 23,05,76,652 shares of the company. BEL share price has witnessed a sharp uptrend in recent months, with the defence PSU stock gaining 21% over the past one month and over 41% in the last three months. On a year-to-date (YTD) basis, BEL shares have risen 33%, while its one-year return stands at 35%. Over the longer term, the defence PSU stock has delivered exceptional returns, surging by a staggering 230% over the past two years and delivering a multibagger return of 1,536% over the last five years. At 12"40 PM, BEL share price was trading 0.25% lower at ₹ 391.90 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
04-06-2025
- Business
- Time of India
Which mutual funds are scoring high on value, quality and momentum factors: Insights from Share.Market's MF scorecard
Live Events Mutual fund houses like Nippon India Mutual Fund, HDFC Mutual Fund , ICICI Prudential Mutual Fund, and Franklin Templeton Mutual Fund emerged as the most consistent performers across fund categories. PPFAS Mutual Fund 's two equity funds also stood out for their consistent performance, with a strong focus on Quality and Value the other hand, most of the funds of quant AMC also score 'high' on performance consistency, their funds seem to have significantly higher risk than peers in the respective categories, according to CRISP Mutual Funds on balanced factor exposure yields results, AMCs like ICICI Prudential Mutual Fund, SBI Mutual Fund , and Nippon India Mutual Fund demonstrated strong performance consistency without extreme tilt towards a single investment style, highlighting the effectiveness of balanced strategies, stock selection, and asset allocation Also Read | Smallcap mutual funds emerge as top performers in May with average return of 8%. Opportunity or time for caution? Based on value & momentum styles outperformance, funds with high exposure to Value and Momentum investment styles outperformed across most categories over the past five years, the scorecard the Large & Midcap Funds category, approximately 56% of the funds categorised as high on value style are also high on consistency, and 22% are 'high' on momentum. In the ELSS category, around 55% of the funds with 'high' performance consistency had a 'high' score on value style, and 45% had a 'high' score on core categories, such as flexicap and large cap, have also witnessed a similar trend, with the majority of 'high' consistency performers being 'high' on value and/or momentum investment report also highlights that there are instances of funds that, despite maintaining 'High' exposure to styles that have driven performance over the last 5 years, i.e. High Value and/or High Momentum, have not been able to translate this into strong Consistency scores. This highlights the fact that favourable style factors alone do not guarantee top-tier Read | Should you consider starting SIP or lumpsum in a momentum index fund right now? 'Investors today are overwhelmed with data, but much of it stops at historical returns or risk-adjusted ratings—often leaving them with limited information for investment decision making. At we believe investors deserve more. With our CRISP Mutual Funds Scorecard, we go beyond past performance to offer deeper, actionable insights into how their money is truly being managed. This initiative reflects our commitment to empowering investors with a clearer, more holistic view of mutual fund performance,' said Ujjwal Jain, CEO, (PhonePe Wealth) released the inaugural edition of its 'CRISP Mutual Funds Scorecard' for the quarter ending March 2025 (data considered is for the period April '20 to March '25) CRISP Mutual Funds Scorecard is a quarterly, data-driven evaluation of mutual funds across categories and AMCs, offering investors a comprehensive view of performance, risk, and investment style.
