HDFC Balanced Advantage Fund (IDCW)

Change in Fund Manager:

DSP Aggressive Hybrid Fund – Regular Plan – IDCW Option: 0.200

DSP Aggressive Hybrid Fund – Direct Plan – IDCW Option: 0.200

Canara Robeco Consumer Trends Fund:

Regular Plan – IDCW: 2.48

Direct Plan – IDCW: 4.54

Canara Robeco Focused Fund:

Regular Plan – IDCW: 0.93

Direct Plan – IDCW: 1.00

Canara Robeco Value Fund:

Regular Plan – IDCW: 0.91

Direct Plan – IDCW: 0.97

Canara Robeco Multi Cap Fund:

Regular Plan – IDCW: 0.72

Direct Plan – IDCW: 0.74

LIC MF Aggressive Hybrid Fund – Regular Plan - IDCW Option: 0.10

Change in Fund Manager:

HDFC Balanced Advantage Fund:

Regular Plan – IDCW: 0.250

Direct Plan – IDCW: 0.250

Aditya Birla Sun Life Balanced Advantage Fund:

Regular Plan – IDCW Option: 0.157

Direct Plan – IDCW Option: 0.178

Aditya Birla Sun Life Arbitrage Fund:

Regular Plan – IDCW Option: 0.065

Direct Plan – IDCW Option: 0.067

Aditya Birla Sun Life Value Fund:

Regular Plan – IDCW Option: 2.659

Direct Plan – IDCW Option: 4.853

Aditya Birla Sun Life Focused Fund:

Regular Plan – IDCW Option: 1.548

Direct Plan – IDCW Option: 3.646

Aditya Birla Sun Life Digital India Fund:

Regular Plan – IDCW Option: 2.723

Direct Plan – IDCW Option: 3.704

In a consultation paper released last week, the domestic market regulator SEBI has proposed to review the categorisation of mutual fund schemes in order to improve clarity, introduce new schemes and to address the issue of overlap in portfolios of schemes.

The paper proposes changes to the scheme categorisation process and the financial instruments into which each fund would be allowed to invest in. It also wants to examine whether fund houses should be allowed to launch solution-oriented schemes.

On the lines of sectoral equity funds, SEBI's proposal also suggests allowing fund houses to launch sectoral debt funds.

If the new proposals are accepted, most mutual fund schemes will be able to invest a portion of their funds in REITs and InvITs. Additionally, the names of mutual fund schemes might change. Besides current labels like long-term fund or medium-term fund, scheme names could also include their specific investment tenure, such as 3-5 years or 7-10 years.

SEBI has proposed allowing fund houses to introduce solution-oriented life cycle Fund of Funds (FoFs). These FoFs would have a lock-in period and would be designed for specific financial goals like retirement, housing, or marriage. According to a SEBI paper, such open-ended, target-date FoFs could be structured in various ways.

According to SEBI, if its proposals are approved, each scheme's investment objectives, strategies, and benchmarks will be updated to align with their respective scheme categories.

The regulator would also allow fund houses to launch an additional scheme in the existing scheme categories, provided those fund houses meet certain conditions.

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

Sundaram Small Cap Fund:

Regular Plan – IDCW: 2.338

Direct Plan – IDCW: 2.648

Sundaram Mid Cap Fund:

Regular Plan – IDCW: 4.622

Direct Plan – IDCW: 5.101

Details of Mr. Prateek Nigudkar

Age: 39

Designation: Senior Fund Manager

Qualification :MS Finance, BE Information Technology

Experience : 13 years

Capitalmind Mutual Fund has launched the Capitalmind Flexi Cap Fund, which is an open-ended dynamic equity scheme investing across large cap, mid cap & small cap stocks.

The New Fund Offer (NFO) opened on 18 July 2025, and it will close on 28 July 2025, welcoming investors to participate with a minimum lumpsum investment of Rs 5000. The fund is available in the growth option, both regular and direct modes.

Capitalmind Flexi Cap Fund relies on a quantitative core with a human in the loop. The fund would follow a rules-based framework that scans the entire listed universe. When momentum is strong it would lean into it. When conditions change it would shift toward other factors such as low risk, quality, or value if they offer a better risk-reward trade-off. As a flexi-cap fund it can allocate across large, mid, and small-cap stocks in any sector. In rough markets it may add hedges that help soften volatility.

The fund intends to manage the volatility, which is inherent to equity markets and a source of their long-term return, in two ways. First, it would switch between its primary factor, momentum, and alternate factors such as low risk, quality, or value based on quantitative signals. Second, it would hedge part of the exposure when markets are weak. These rules have been tested on fifteen years of data. They aim to reduce drawdowns, not remove them. Over a full cycle the fund expects declines similar to the benchmark while seeking better risk-adjusted returns.

The fund would be managed by Anoop Vijaykumar, who is the head of equity at Capitalmind Asset Management.

The benchmark for the fund is the NSE 500 index, the market-cap-weighted index of India’s largest 500 companies. As an active fund, it would aim to deliver higher risk-adjusted returns than this benchmark. There will still be stretches of one, three, or even five years when the fund trails the benchmark.

Investors should note that an exit load of 1% applies on redemptions made within twelve months of allotment; after that, no exit load will be charged.

Change in Fund Manager:

Change in the name of the Scheme:

Edelweiss Balanced Advantage Fund – Regular Plan – Monthly IDCW Option & Direct Plan – Monthly IDCW Option: Rs. 0.18 each

Edelweiss Aggressive Hybrid Fund – Regular Plan – IDCW Option & Direct Plan – IDCW Option: Rs. 0.20 each.

Edelweiss Equity Savings Fund – Regular Plan – Monthly IDCW Option & Direct Plan – Monthly IDCW Option: Rs. 0.08 each.

Franklin India Dynamic Asset Allocation Active Fund of Funds:

Regular Plan – IDCW: 0.850

Direct Plan – IDCW: 1.000

Details of Mr. Arihant Jain,

Age: 29

Designation: Portfolio Manager/Senior Investment Analyst

Qualification : Bachelor of Engineering (Hons), BITS Pilani CFA Charter Holder, CFA Institute

Experience : 8 years

Details of Mr. Deep Mehta,

Age: 29

Designation: Equity Dealer

Qualification : • CFA Level 3 (Cleared)
• CMT Level 3 (Cleared)
• B.Tech Mechanical

Experience : 8 years

Change in Fund Manager:

Details of Mr. Pankit Shah,

Age: 39

Designation: Chief Business Officer

Qualification : CA Accounting Technician, CWA – 8(th) rank WIRC & 52(nd) All India Rank

Experience : 17 years