ICICI Pru Nifty 100 Low Volatility 30 ETF

PGIM India Arbitrage Fund:

Regular Plan – Monthly IDCW Option: 0.0455

Direct Plan – Monthly IDCW Option: 0.0464

PGIM India Aggressive Hybrid Equity Fund:

Regular Plan – Monthly IDCW Option: 0.1528

Direct Plan – Monthly IDCW Option: 0.1728

PGIM India Equity Savings Fund:

Regular Plan – Monthly IDCW Option: 0.0640

Direct Plan – Monthly IDCW Option: 0.0707

Name: Mr. Prateek Malhotra,

Age: 61 years

Designation: Research Analyst - Equity

Qualification: B.A. (Hons) Economics, PGDM (Business Management - Finance)

Sundaram Aggressive Hybrid Fund - Regular Plan-Monthly-IDCW Option: 0.210

Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.330

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

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

Name: Ms. Pooja Motwani

Age: 42 years

Designation: Chief Growth Officer

Qualification: • Post Graduate Diploma in Management Studies (Marketing)

• Masters in Commerce (Management)

• Bachelors in Accounting & Commerce

Union Balanced Advantage Fund – Regular Plan – IDCW Option: 0.17

Union Balanced Advantage Fund – Direct Plan – IDCW Option: 0.17

Union Aggressive Hybrid Fund – Regular Plan – IDCW Option: 0.15

Union Aggressive Hybrid Fund – Direct Plan – IDCW Option: 0.15

Name: Mr. Roopam Asthana,

Age: 61 years

Designation: (Associate Director)

Qualification: B. Sc. (Hons.), P.G.D.M. (I.I.M. Ahmedabad)

The net assets under management (AUM) of the Specialised Investment Funds (SIFs) stood at Rs 17,857.77 crore at the end of June 2026, according to data from the Association of Mutual Funds of India (AMFI). This represents a 29.28% increase over the Rs 13,813.72 crore recorded at the end of May 2026.

Equity Oriented Investment Strategies accounted for a net AUM of Rs 5,035.50 crore as on 30 June 2026, up 31.02% from Rs 3,843.28 crore a month earlier. The category witnessed net inflows of Rs 1,096.62 crore during June, with Equity Ex-Top 100 Long-Short Funds attracting the highest inflows, followed by Equity Long-Short Funds and Sector Rotation Long-Short Funds.

Hybrid Investment Strategies remained the larger segment, with net AUM rising to Rs 12,822.27 crore as on 30 June 2026 from Rs 9,970.44 crore at the end of May, marking a 28.60% increase. The category garnered net inflows of Rs 2,685.34 crore during the month, with Hybrid Long-Short Funds emerging as the preferred strategy over Active Asset Allocator Long-Short Funds.

In June 2026, a total of 6 new Specialized Investment Funds (SIFs) completed allotment, mobilizing Rs 1,740 crore.

While Equity-Oriented Investment Strategies and Hybrid Investment Strategies each launched three schemes, hybrid funds dominated fundraising, attracting Rs 1,190 crore of investor funds.

The Hybrid Long-Short Fund category emerged as the top-performing strategy with Rs 712 crore in inflows, followed by the Active Asset Allocator Long-Short Fund with Rs 478 crore.

Among the fund houses, iSIF mobilized the highest inflows at Rs 690 crore across two schemes, accounting for nearly 40% of the total funds raised during the month.

Change in Minimum Redemption amount in following schemes of Bank of India Mutual Fund:

The scheme tracks the 30 highest-momentum stocks from the BSE Midcap 150 Index using a rules-based methodology based on 12-month risk-adjusted price momentum. The portfolio is rebalanced quarterly, with individual stock weights capped at 5%. The minimum investment during the NFO is Rs 500, with additional investments in multiples of Re 1.

According to the fund house, the BSE Midcap 150 Momentum 30 Index has delivered an annualised return of 27.70% over the last 15 years, compared with 16.6% for the BSE Midcap 150 TRI and 11.44% for the Nifty 50 TRI. Over the past 10 years, the momentum index returned 28.6%, versus 17.7% for the parent index and 12.5% for the Nifty 50 TRI.

The scheme carries a "Very High" risk rating and is suitable for investors seeking returns corresponding to the underlying index and long-term capital growth. The equity component will be managed by Swapnil Mayekar, with Dishant Mehta as Associate Fund Manager, while Rakesh Shetty will manage the debt component.

The net assets under the management (AUM) of the Indian mutual fund industry at the end of June 2026 stood at Rs 82.22 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is higher by 0.78% as compared with the figure of Rs 81.58 lakh crore recorded in May 2026.

The AUM of open-ended plans rose to Rs 82.05 lakh crore in June 2026 from Rs 81.38 lakh crore in May. The equity plans in this category recorded net inflows of Rs 28,973.41 crore.

Within equity, Mid Cap Funds drew the most significant inflows in June, attracting Rs 6,090.17 crore. Small Cap Funds followed suit with inflows of Rs 5,601.96 crore, while ELSS saw net outflows of Rs 633.88 crore during the period under review.

Debt funds witnessed net outflows in June totaling Rs 1,09,053.65 crore. This category had recorded net inflows of Rs 96,948.51 crore in May. Liquid Funds recorded maximum outflow of Rs 42,293.29, followed by Low Duration Funds (with outflows of Rs 16,484.01 crore) and Ultra Low Duration Funds (with outflows of Rs 11,426.26 crore).

Hybrid schemes, offering a mix of equity and debt exposure, recorded net inflows of Rs 12,892.76 crore in June 2026. This was largely driven by Arbitrage Funds, which recorded inflows of Rs 5,799 crore.

In the Other Schemes category, Gold ETFs and Other ETFs recorded a net inflow of Rs 3,443.23 crore and Rs 13,237.76 crore, respectively.

In the Other ETFs segment, Income/Debt Oriented oriented ETFs saw the highest inflow of Rs 7,816.47 crore. Further, Domestic Equity oriented ETFs and Silver ETFs registered inflows of Rs 4,622.04 crore and Rs 3,181.37 crore, respectively, in June 2026.

The systematic investment plan (SIP) contributions stood at Rs 31,781 crore in June as against Rs 30,954 crore in May 2026. The number of SIP contributing accounts was 9.78 crore while the SIP AUM was Rs 17,70,482 crore as on 30 June 2026.

The ETF will replicate the BSE Midcap 150 Momentum 30 Total Return Index (TRI) by investing in its constituent stocks, while the FOF will invest predominantly in units of the ETF.

The NFO for the ETF will remain open for subscription from 6 July 2026 to 13 July 2026, while the FOF NFO will close on 20 July 2026. The ETF and FOF will reopen for continuous sale and repurchase on 17 July 2026 and 24 July 2026, respectively.

The underlying index follows a rules-based methodology to select 30 midcap stocks from the BSE Midcap 150 Index based on their 12-month risk-adjusted momentum score. It also applies liquidity filters, caps the weight of each stock at 5%, and is reviewed quarterly.

According to the fund house, the BSE Midcap 150 Momentum 30 Index has delivered annualised returns of 27.70% over 15 years, 28.62% over 10 years, 30.46% over five years, 33.87% over three years, and 13.07% over one year. Over the same periods, the BSE Midcap 150 TRI returned 16.49%, 18.03%, 18.31%, 21.21%, and 5.79%, respectively.

Mirae Asset said the momentum strategy aims to capture stocks exhibiting strong price trends, although it may experience higher volatility and drawdowns during market reversals. The fund house added that the scheme is suitable for investors with a higher risk appetite.

The minimum investment during the NFO period is Rs 5,000, with subsequent investments in multiples of Re 1. Both schemes will be benchmarked against the BSE Midcap 150 Momentum 30 TRI and will be managed by Ekta Gala and Vishal Singh.

Change in Exit Load:

Change in Exit Load: