DSP Banking & Financial Services Fund - Reg (IDCW)

ITI Balanced Advantage Fund:

Regular Plan – IDCW: 0.02

Direct Plan – IDCW: 0.02

Change in name of Benchmark of DSP Income Plus Arbitrage Fund of Fund

Change in the name of the Scheme:

HSBC Aggressive Hybrid Fund – Regular Plan – IDCW Option: 0.180

HSBC Aggressive Hybrid Fund – Direct Plan – IDCW Option: 0.210

HSBC Balanced Advantage Fund – Regular Plan – IDCW Option: 0.122

HSBC Balanced Advantage Fund – Direct Plan – IDCW Option: 0.143

HSBC Business Cycles Fund – Regular Plan – IDCW Option: 2.200

HSBC Business Cycles Fund – Direct Plan – IDCW Option: 2.300

HSBC Midcap Fund – Regular Plan – IDCW Option: 6.500

HSBC Midcap Fund – Direct Plan – IDCW Option: 7.000

HDFC Balanced Advantage Fund:

Regular Plan – IDCW: 0.250

Direct Plan – IDCW: 0.250

Change in name of Benchmark of Bandhan Floater Fund

Change in Exit Load:

HDFC Arbitrage Fund – Wholesale Plan – Regular Plan – Normal IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund – Wholesale Plan – Direct Plan – Normal IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund – Wholesale Plan – Regular Plan – Monthly IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund – Wholesale Plan – Direct Plan – Monthly IDCW Option (Payout & Reinvestment): 0.050

Details of Mr. Mayuresh Nagvekar

Age: 27 years

Designation: Dealer - Equity

Qualification: B.Com in Financial Management

Change in Fund Manager:

Motilal Oswal Balance Advantage Fund – Regular Plan – Quarterly IDCW Option: Rs 0.19

Motilal Oswal Balance Advantage Fund – Direct Plan – Quarterly IDCW Option: Rs 0.20

Sundaram Aggressive Hybrid Fund - Regular Plan-Monthly-IDCW Option: 0.250

Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.350

Sundaram Balanced Advantage Fund - Regular Plan-Monthly-IDCW Option: 0.115

Sundaram Balanced Advantage Fund - Direct Plan-Monthly-IDCW Option: 0.140

Details of Mr. Dushyant Sarsonia

Age: 38 years

Designation: Dealer - Debt

Qualification: MBA, Finance & Marketing Certified Treasury Professional (CTP), Indian Institute of Banking & Finance

Experience: 11 Years and 09 Months

Change in the name of the Scheme:

DSP ELSS Tax Saver Fund - Regular Plan – IDCW Option: 0.5900

DSP ELSS Tax Saver Fund - Direct Plan – IDCW Option: 0.5900

The net assets under the management (AUM) of the Indian mutual fund industry continued to grow in July 2025, reaching a new high of Rs 75.35 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is a 1.28% increase from Rs 74.40 lakh crore at the end of June.

The AUM of open-ended plans increased from Rs 74.14 lakh crore in June 2025 to Rs 75.10 lakh crore in July 2025. Investors continued to be drawn to equity plans in this category, with net inflows of Rs 42,702.35 crore.

Within equity, sectoral/thematic funds drew the most significant inflows in July, attracting Rs 9,426.03 crore. Flexi Cap Funds followed suit with Rs 7,654.33 crore, while equity linked saving schemes (ELSS) saw net outflows of Rs 368.18 crore.

Debt funds witnessed net inflows in July, totaling Rs 1.06 lakh crore. This category had recorded net outflow of Rs 1,711.47 crore in June. Money Market Funds recorded maximum inflows of Rs 44,573.60 crore. Other debt segments like liquid funds, low duration fund and overnight fund also saw significant inflows.

Hybrid schemes, offering a mix of equity and debt exposure, recorded inflows of Rs 20,879.47 crore in July. This was largely driven by arbitrage funds, which attracted Rs 7,295.70 crore.

The systematic investment plan (SIP) contributions reportedly rose to Rs 28,464 crore in July 2025, up by 4% from Rs 27,269 crore recorded in June 2025. The number of contributing SIP accounts also rose from 8.64 crore in June to 9.11 crore in July, marking an addition of 47 lakh accounts.

Change in name of Benchmark of Tata India Pharma and Healthcare Fund