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Mint
4 days ago
- Business
- Mint
Deepak Shenoy-backed Capitalmind Mutual Fund launches first NFO with flexi-cap scheme. Details here
Capitalmind Mutual Fund, backed by ace investor Deepak Shenoy, launched its first-ever mutual fund — a flexi-cap scheme with a quant-led strategy — on Friday, July 18. The new fund offer (NFO) of the flexi-cap scheme will close on July 28. The fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap and small-cap stocks. The mutual fund is an actively managed, market-cap agnostic equity scheme with a systematic, quantitative investment approach, the Capitalmind Mutual Fund said in a press release. Explaining the rationale behind the stock picking, the mutual fund house said its flexi-cap fund uses a multi-factor approach with momentum at its core, dynamically allocating across stocks from different market capitalisation, with built-in risk management and hedging flexibility. "A key attribute of the Capitalmind Flexi Cap Fund is its design to eliminate behavioural biases and reduce discretionary decision-making in equity allocation. The strategy is rooted in data-led discipline but remains flexible in its execution depending on market cycles. The strategy will also incorporate hedging techniques where necessary to manage downside risk," the release added. The scheme is benchmarked against the Nifty 500 Total Return Index (TRI) and is classified under the 'Very High Risk' category. The minimum initial investment during the NFO period is ₹ 5,000 and in multiples of ₹ 1 thereafter. For Systematic Investment Plans (SIPs), the minimum is ₹ 1,000 per instalment with a minimum of six instalments. Investors can also switch into the scheme with a minimum of ₹ 1,000. An exit load of 1% of applicable NAV applies to investments that are less than one year. The fund is available in the growth option, both Regular and Direct modes. Capitalmind Flexi-Cap Fund will allocate at least 65% to equity and equity-related instruments, and up to 35% in debt securities and money market instruments, with a provision to invest up to 10% in REITs and INVITs. "While the primary allocation will remain in equities, the dynamic nature of the strategy ensures flexibility to reposition during adverse market cycles or volatility spikes using predefined hedging rules," the company said. Deepak Shenoy, CEO, Capitalmind Mutual Fund said, 'Over years of in-house research and real-time execution at CFSL in portfolio management, Capitalmind has developed a proprietary framework that adapts to market momentum, adjusts when that momentum shifts, and applies multi-factor rules to mitigate risk during volatile or uncertain phases'. He further added, 'The Capitalmind Flexi Cap Fund is designed around a rule-based, quantitative approach that minimizes bias and emotion in portfolio construction. Rather than relying on forecasting or market narratives, the strategy uses data-driven factors to guide investments across the full spectrum of market capitalizations; large, mid, and small-cap stocks.' Disclaimer: This story is for educational purposes only. 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.
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Business Standard
4 days ago
- Business
- Business Standard
Capitalmind Flexi Cap Fund debuts: Data-led, momentum-driven investing
Capitalmind Asset Management on Friday announced the launch of its first mutual fund, the Capitalmind Flexi Cap Fund, an actively managed equity scheme using a quant-led, momentum-based strategy. The fund aims to dynamically allocate across large, mid, and small-cap stocks, with built-in risk management, and is open for investment from July 18 to July 28, 2025, the company said in a statement. Key details: The fund uses a multi-factor approach with momentum at its core, dynamically allocating across large, mid, and small-cap stocks, with built-in risk management and hedging flexibility NFO runs from July 18 to July 28, 2025; benchmarked to Nifty 500 TRI, with a minimum investment of ₹5,000 and SIPs starting at ₹1,000 The fund will allocate a minimum of 65% to equity and equity-related instruments, and up to 35% in debt securities and money market instruments, with a provision to invest up to 10% in REITs and INVITs. While the primary allocation will remain in equities, the dynamic nature of the strategy ensures flexibility to reposition during adverse market cycles or volatility spikes using predefined hedging rules. Investment strategy decoded: The fund's design eliminates behavioral biases and reduce discretionary decision-making in equity allocation. The strategy is rooted in data-led discipline but remains flexible in its execution depending on market cycles. The strategy will also incorporate hedging techniques where necessary to manage downside risk. All you should know about the Fund: Units will be allotted post closure, with the scheme benchmarked against the Nifty 500 Total Return Index (TRI) and classified under the 'Very High Risk' category in the SEBI Risk-o-Meter. The minimum initial investment during the NFO period is ₹5,000 and in multiples of ₹1 thereafter. For Systematic Investment Plans (SIPs), the minimum is ₹1,000 per installment with a minimum of six installments. Investors can also switch into the scheme with a minimum of ₹1,000. An exit load of 1% of applicable NAV applies to investments that are less than one year. The fund is available in the growth option, both Regular and Direct modes. With this launch, Capitalmind Mutual Fund marks its entry into the mutual fund space, drawing upon the extensive experience and track record of its sponsor, Capitalmind Financial Services Private Limited (CFSL). "Known for its legacy in quantitative research, systematic investing, and investor-first thinking, CFSL now brings these strengths into a regulated, retail-ready product through the Capitalmind Flexi Cap Fund, crafted for long-term investors with a high-risk appetite who seek disciplined, strategy-backed exposure to equity markets," the company said. As India transitions from an emerging market to a more mature, domestically driven economy, there's growth potential across sectors and company sizes. This shift creates opportunity but also complexity, and requires investors to go beyond traditional, fixed-cap approaches. 'The Capitalmind Flexi Cap Fund is designed around a rule-based, quantitative approach that minimizes bias and emotion in portfolio construction. Rather than relying on forecasting or market narratives, the strategy uses data-driven factors to guide investments across the full spectrum of market capitalizations; large, mid, and small-cap stocks," said Deepak Shenoy, CEO, Capitalmind Mutual Fund. 'We designed the Capitalmind Flexi Cap Fund to do two things well; stay in step with the market's strongest trends and to change allocation when the data says risk is rising. By combining momentum with a dynamic mix of other proven factors, our rules-based framework moves across large, mid, and small cap opportunities while being mindful of downside risk. The result, we believe, is a disciplined yet agile investment approach that lets investors compound wealth over the long term without having to predict the market's next move.' said Anoop Vijaykumar, Head of Equity & Fund Manager, Capitalmind Asset Management Pvt. Ltd. Capitalmind Mutual Fund has partnered with Kfin Technologies Ltd. as the Registrar & Transfer Agent (RTA) and Deutsche Bank AG as the custodian for the scheme.
Yahoo
4 days ago
- Business
- Yahoo
Thomson Reuters: A Quiet Dividend Performer with Global Reach
Thomson Reuters Corporation (NASDAQ:TRI) is included among the . A tax specialist counseling a client for best practices in automating tax workflows. The company has maintained solid momentum in 2025, driven by its strategic emphasis on content-focused technology, which is supporting consistent growth across its main business segments. The company's push into generative AI is yielding positive results, with GenAI-enabled offerings now accounting for 20% of its annualized contract value. To further strengthen its AI capabilities, Thomson Reuters is allocating $200 million each year, with the investment spread across both operating costs and capital spending. Thomson Reuters Corporation (NASDAQ:TRI) reported strong earnings in the first quarter of 2025. The company reported revenue of $1.9 billion, which showed a 1% growth from the same period last year. Its operating profit for the quarter came in at $563 million, also up by 1% from the prior-year period. The company's cash position also came in strong, with an operating cash flow of $445 million and a free cash flow of $277 million, both showing a 4% and 3% growth on a YoY basis, respectively. Thomson Reuters Corporation (NASDAQ:TRI) currently offers a quarterly dividend of $0.595 per share and has a dividend yield of 1.13%, as of July 15. The company has grown its dividends for 31 years in a row. While we acknowledge the potential of TRI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Time of India
14-07-2025
- Business
- Time of India
NFO Alert: Groww Mutual Fund introduces BSE Power-based passive funds
Groww Mutual Fund has launched two new passive investment schemes: the Groww BSE Power ETF and the Groww BSE Power ETF Fund of Fund (FoF). Both schemes aim to track the BSE Power Index – Total Return Index (TRI), offering investors low-cost exposure to companies in India's power sector. The New Fund Offer (NFO) for both schemes will open for subscription on July 18 and close on August 1, 2025. Also Read | Nearly 112 lakh SIPs closed in 2025: Should you worry about the negative net SIP trend? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » The Groww BSE Power ETF is an exchange-traded fund that seeks to replicate the BSE Power Index by investing in its underlying constituents in the same proportion. The Groww BSE Power ETF Fund of Fund (FoF) is a mutual fund that aims to invest in units of the ETF. Together, these schemes offer two different formats for participating in the same investment theme, according to a press release from the fund house. As per the release, these are India's first power-focused ETF and FoF, designed to capture the sector's evolution via the BSE Power Index – Total Return Index (TRI). Live Events The schemes aim to capitalize on India's evolving electricity landscape, shaped by long-term economic trends, supportive policy measures, and the accelerating momentum in energy transition. The fund house noted that constituents of the BSE Power Index have witnessed their revenues nearly double, and net profits more than triple between 2020 and 2024, indicating improved business fundamentals. Overall, the power sector is undergoing structural reform, supported by long-term tailwinds such as policy initiatives, rising consumption, clean energy adoption, and digital infrastructure. The Groww BSE Power ETF and FoF aim to capture this opportunity through a disciplined, index-based investment approach. The minimum application amount is Rs 500, with no exit load. Both schemes will be benchmarked against the BSE Power Index – TRI and will be managed by Nikhil Satam, Aakash Chauhan, and Shashi Kumar. Also Read | Mazagon Dock and CONCOR among stocks bought and sold by mutual funds in June The Groww BSE Power ETF is suitable for investors seeking long-term capital appreciation through investments in equity and equity-related instruments that are part of the BSE Power Index. On the other hand, the Groww BSE Power ETF FoF is ideal for investors aiming for long-term capital appreciation by investing in units of the Groww BSE Power ETF.
Economic Times
14-07-2025
- Business
- Economic Times
NFO Alert: Groww Mutual Fund introduces BSE Power-based passive funds
Synopsis Groww Mutual Fund has launched two new passive schemes—the Groww BSE Power ETF and the Groww BSE Power ETF Fund of Fund (FoF)—to track the BSE Power Index – TRI. These schemes provide low-cost exposure to India's power sector. The NFO for both funds will be open from July 18 to August 1, 2025. Groww launches India's first power-focused ETF and FoF. Groww Mutual Fund has launched two new passive investment schemes: the Groww BSE Power ETF and the Groww BSE Power ETF Fund of Fund (FoF). Both schemes aim to track the BSE Power Index – Total Return Index (TRI), offering investors low-cost exposure to companies in India's power New Fund Offer (NFO) for both schemes will open for subscription on July 18 and close on August 1, 2025. Also Read | Nearly 112 lakh SIPs closed in 2025: Should you worry about the negative net SIP trend? The Groww BSE Power ETF is an exchange-traded fund that seeks to replicate the BSE Power Index by investing in its underlying constituents in the same proportion. The Groww BSE Power ETF Fund of Fund (FoF) is a mutual fund that aims to invest in units of the ETF. Together, these schemes offer two different formats for participating in the same investment theme, according to a press release from the fund per the release, these are India's first power-focused ETF and FoF, designed to capture the sector's evolution via the BSE Power Index – Total Return Index (TRI). The schemes aim to capitalize on India's evolving electricity landscape, shaped by long-term economic trends, supportive policy measures, and the accelerating momentum in energy fund house noted that constituents of the BSE Power Index have witnessed their revenues nearly double, and net profits more than triple between 2020 and 2024, indicating improved business the power sector is undergoing structural reform, supported by long-term tailwinds such as policy initiatives, rising consumption, clean energy adoption, and digital infrastructure. The Groww BSE Power ETF and FoF aim to capture this opportunity through a disciplined, index-based investment minimum application amount is Rs 500, with no exit load. Both schemes will be benchmarked against the BSE Power Index – TRI and will be managed by Nikhil Satam, Aakash Chauhan, and Shashi Kumar. Also Read | Mazagon Dock and CONCOR among stocks bought and sold by mutual funds in JuneThe Groww BSE Power ETF is suitable for investors seeking long-term capital appreciation through investments in equity and equity-related instruments that are part of the BSE Power Index. On the other hand, the Groww BSE Power ETF FoF is ideal for investors aiming for long-term capital appreciation by investing in units of the Groww BSE Power ETF.
