ICICI Pru Equity & Debt Fund - (G)

Change in Fund Manager:

Details of Ms. Divya Jain

Age: 31 years

Designation: Fund Manager – MF Equity

Qualification: Chartered Accountant, Chartered Financial Analyst (CFA) Level 1 and B.Com

Experience: Over 9 years of experience

Change in Fund Manager:

Bandhan Aggressive Hybrid Fund – Regular Plan – IDCW Option: 0.114

Bandhan Aggressive Hybrid Fund – Direct Plan – IDCW Option: 0.129

Details of Mr. Manav Ravi Shah

Age: 21 years

Designation: Research Analyst

Qualification: Bachelors in Accounts and Finance and CFA Level 1 completed

Change in the name of the Scheme:

Regular Plan – Monthly IDCW Option: Rs 0.0528

Direct Plan – Monthly IDCW Option: Rs 0.0617

Change in the name of the Scheme:

Baroda BNP Paribas Aggressive Hybrid Fund – Regular Plan – IDCW Option: Rs 0.13 per unit.

Baroda BNP Paribas Aggressive Hybrid Fund – Direct Plan – IDCW Option: Rs 0.15 per unit

Baroda BNP Paribas Multi Cap Fund – Regular Plan – IDCW Option: Rs 0.42 per unit.

Baroda BNP Paribas Multi Cap Fund – Direct Plan – IDCW Option: Rs 0.44 per unit.

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