Interview with Nikhil Rungta, Co-Chief Investment Officer – Equity at LIC Mutual Fund Asset Management Ltd.

Bajaj Finserv Multi Cap Fund is benchmarked against the Nifty 500 Multicap 50:25:25 TRI Index.

The scheme will track the BSE Financial Services Index TRI. 

The fund will invest across core, emerging, and cyclical consumption sectors, offering investors a strategic entry into businesses benefiting from India’s robust consumption trends.

UTI Mutual Fund has expanded its passive investment offerings with the launch of two new index funds.

SBI Nifty IT Index Fund NFO is open from February 4 to February 17, 2025.

ICICI Prudential Nifty 500 Index Fund - new fund offer (NFO), is open from December 10 to December 17, 2024.

The NFO opens for subscription on November 18, 2024, and closes on December 02, 2024.

Shriram Multi Sector Rotation Fund NFO opens on November 18, 2024, and closes on December 2, 2024.

Instead of setting aside a lump sum for your dream abroad trip, you can plan it through disciplined investment. By investing Rs 12,000 a month (as a couple, Rs 6,000 + Rs 6,000) in mutual funds via SIPs, and enjoying average returns, you might find yourself sipping coffee at a quaint European café sooner than you think.