HDFC Small Cap Fund - Direct (IDCW)

The NFO for the fund is open for subscription from 7 October to 21 October 2024. The scheme will then reopen for continuous sale and repurchase on 30 October 2024.

The fund will be managed by Kapil Menon. Investors can enter the fund with a minimum investment of Rs 5,000 during the NFO. An exit load of 0.25% will be applicable if units are redeemed within 15 days from allotment.

The Tata Nifty Capital Markets Index Fund will hold a maximum of 20 stocks from the parent Nifty 500 Index, representing various capital market businesses including exchanges, depositories, stockbroking, and financial products distribution. The weight of each stock in the index is based on its free-float market capitalization.

According to NSE data, the Nifty Capital Markets index delivered a return of 104.78% over the past year and a compounded annual growth rate (CAGR) of 34.80% over the past five years.

The top constituents of the Nifty Capital Markets Index are BSE, HDFC Asset Management Company, Multi Commodity Exchange of India, Central Depository Services (India), and Computer Age Management Services, which together make up over 60% of the index's portfolio.

Change in Exit Load:

Tata Equity P/E Fund - Regular Plan – IDCW Trigger – Option A (5%): Rs 1.74

Tata Equity P/E Fund - Direct Plan – IDCW Trigger – Option A (5%): Rs 1.92

Change in Fund Managers of the Schemes:

Change in Fund Managers of the Schemes:

Regular Plan – Monthly IDCW Option: Rs 0.06

Direct Plan – Monthly IDCW Option: Rs 0.06

Change in Fund Managers of the Schemes:

Change in name of Benchmark of UTI Floater Fund

The MF Lite framework offers relaxed regulatory requirements for entities looking to launch only passive mutual fund schemes, such as Exchange Traded Funds (ETFs) and Index Funds. These schemes follow a rule-based investment strategy with minimal discretion from the Asset Management Company (AMC).

Key benefits of the MF Lite framework include:

* Ease of Entry: Lower barriers to entry for new players in the mutual fund industry.

* Reduced Compliance: Simplified regulatory requirements for passively managed schemes.

* Enhanced Market Liquidity: Increased participation in the market can lead to greater liquidity.

* Investment Diversification: More options for investors to diversify their portfolios.

Existing AMCs that manage both active and passive schemes will have the option to hive off their passive schemes to a separate group entity under the MF Lite framework. Alternatively, they can continue managing their passive schemes under the existing mutual fund regulations while benefiting from the relaxed requirements.

SEBI's introduction of the MF Lite framework is expected to boost the growth of passively managed Mutual Funds in India, providing investors with more affordable and diversified investment options.

The new product, designed to bridge the gap between traditional Mutual Funds and Portfolio Management Services (PMS), offers investors greater flexibility in portfolio construction while maintaining a regulated environment. It aims to address the growing concern of unregistered and unauthorized investment schemes that often promise unrealistic returns and exploit investors.

Key features of the new investment product include:

* Professional Management: The product will be professionally managed, ensuring that investors benefit from expert investment advice.

* Enhanced Flexibility: Investors will have more flexibility in customizing their portfolios based on their risk tolerance and investment goals.

* Higher Risk-Taking Capabilities: The product is designed to cater to investors with a higher appetite for risk and potential returns.

* Robust Safeguards: The product will not allow leverage or invest in unlisted and unrated instruments beyond those already permitted for mutual funds. Additionally, derivatives exposure will be limited to 25% of assets under management for purposes other than hedging and rebalancing.

The new product will be referred to as "Investment Strategies" to differentiate it from traditional mutual fund schemes. The minimum investment limit for the product has been set at Rs 10 lakh per investor across all investment strategies offered by a particular AMC.

SEBI's approval of this new investment product is expected to provide a boost to the Indian investment landscape, offering investors a wider range of options and greater control over their investments.

Change in Fund Managers of the Schemes:

Change in Fund Managers of the Schemes:

Change in the name of the Scheme:

Change in Fund Managers of the Schemes:

Change in Fund Managers of the Schemes:

ICICI Prudential Multi–Asset Fund:

Regular Plan – IDCW: 0.1600

Direct Plan – IDCW: 0.1600

ICICI Prudential Equity–Arbitrage Fund:

Regular Plan – IDCW: 0.0500

Direct Plan – IDCW: 0.0500

Details of Mr. Santosh Kumar

Age: 51 years

Designation: Director

Qualification: Qualifications: B.A.(HONS), LL.B, CAIIB

Mr. Kiran Kumar Tarania will cease to be a Director on the Board of UTI Asset Management Company Limited (UTI AMC), effective at the close of business hours of September 30, 2024.

Tata Hybrid Equity Fund – Regular Plan & Direct Plan: 0.39 each.

Tata Equity Savings Fund – Regular Plan & Direct Plan: 0.058 each.

Bandhan Balanced Advantage Fund:

Regular Plan – IDCW: 0.232

Direct Plan – IDCW: 0.264

Bandhan Hybrid Equity Fund:

Regular Plan – IDCW: 0.306

Direct Plan – IDCW: 0.342

Change in Exit Load: