ICICI Pru Technology Fund - Direct (IDCW)

Mirae Asset Aggressive Hybrid Fund – Regular Plan – IDCW Option: Rs 0.10 per unit.

Mirae Asset Aggressive Hybrid Fund – Direct Plan – IDCW Option: Rs 0.10 per unit

Baroda BNP Paribas Aggressive Hybrid Fund – Regular Plan – IDCW Option: Rs 0.12 per unit.

Baroda BNP Paribas Aggressive Hybrid Fund – Direct Plan – IDCW Option: Rs 0.14 per unit

Baroda BNP Paribas Multi Cap Fund – Regular Plan – IDCW Option: Rs 0.41 per unit.

Baroda BNP Paribas Multi Cap Fund – Direct Plan – IDCW Option: Rs 0.43 per unit.

In view of the above, fresh subscription/additional purchases and switch-in application(s) in Groww Silver ETF FOF, an open ended fund of fund scheme investing in the units of Groww Silver ETF will be accepted w.e.f. Friday, October 24, 2025 (“Effective Date”). In view of the above, relevant changes will be carried out in the SID and KIM of the Scheme.

The open-ended scheme aims to replicate and track the Nifty Chemicals Index, generating returns that align with the index’s performance, subject to tracking error. The minimum investment during the NFO is Rs 5,000, and the scheme will be managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen.

The Nifty Chemicals Index represents a diversified mix of leading Indian chemical companies across sub-sectors such as specialty chemicals, agrochemicals, and industrial chemicals. Over the past several years, India’s chemical industry has benefited from China's supply chain disruptions, environmental regulations, and the US-China trade war, positioning the country as an emerging global chemical hub.

Data from NSE and Nifty Indices show that the Nifty Chemicals Total Return Index (TRI) has consistently outperformed the Nifty 500 TRI across long-term horizons.

Over the past decade, the Nifty Chemicals TRI has delivered annualized returns of 21% compared with 14% for the Nifty 500 TRI, while over seven years it gained 20% versus 15% for the broader index. Both indices returned 21% over the five-year period, but the Chemicals TRI posted 6% returns over three years against 16% for the Nifty 500 TRI. Since inception on 1 April 2005, the Chemicals TRI has generated 20% annualized returns compared with 15% for the Nifty 500 TRI, with rolling return data further underscoring its strength, averaging 22.4% over 10 years versus 15.5% for the broader benchmark.

Sector valuations, the fund house said, are currently around long-term averages, offering potential for sustained returns. The fund house believes this ETF provides investors an opportunity to gain sectoral exposure through a cost-efficient and diversified route, amid India’s growing role in global chemical manufacturing.

Under the proposal, mutual fund folios will be activated only after the Know Your Client (KYC) verification is successfully completed and marked compliant in both the Asset Management Company (AMC) system and the KYC Registration Agency (KRA) database. Investors will be allowed to begin transactions once this verification is confirmed.

SEBI noted that the current sequential verification process sometimes results in KYC non-compliant folios, leading to delays in transactions, non-receipt of redemption proceeds, and an increase in unclaimed dividends. The proposed framework seeks to eliminate these gaps by introducing a uniform and technology-driven process for all fund houses.

The regulator said the standardisation would help reduce investor inconvenience and operational challenges faced by mutual fund companies. A detailed procedure for the new process is outlined in SEBI’s draft circular titled “Process for Opening of Mutual Fund Folios and Execution of First Investment.”

SEBI has invited public comments on the proposal until 14 November 2025, which can be submitted through its official website’s online feedback form. The regulator urged investors, intermediaries, and industry participants to share suggestions on the draft framework before it is finalised.

Change in name of Benchmark of ICICI Prudential Floating Interest Fund

Investors can now invest in the scheme through lumpsum, switch-ins, and new SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan) registrations

Change in Fund Manager:

Axis Arbitrage Fund – Regular Plan – Monthly IDCW Option: 0.05

Axis Arbitrage Fund – Direct Plan – Monthly IDCW Option: 0.05

AXIS Equity Savings Fund – Regular Plan – Monthly IDCW Option: 0.09

AXIS Equity Savings Fund – Direct Plan – Monthly IDCW Option: 0.09

AXIS Aggressive Hybrid Fund – Direct Plan – Monthly IDCW Option: 0.10

AXIS Multi Asset Allocation Fund – Regular Plan – Monthly IDCW Option: 0.15

AXIS Multi Asset Allocation Fund – Direct Plan – Monthly IDCW Option: 0.15

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

HDFC Balanced Advantage Fund – Regular Plan – IDCW Option: 0.250

HDFC Balanced Advantage Fund – Direct Plan – IDCW Option: 0.250

Regular Plan – Monthly IDCW Option: Rs 0.0575

Direct Plan – Monthly IDCW Option: Rs 0.0653

HSBC Aggressive Hybrid Fund – Regular Plan – IDCW Option: 0.190

HSBC Aggressive Hybrid Fund – Direct Plan – IDCW Option: 0.215

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

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

Change in name of Benchmark of Nippon India Multi - Asset Omni FoF.

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

Aditya Birla Sun Life Balanced Advantage Fund:

Regular Plan – IDCW Option: 0.155

Direct Plan – IDCW Option: 0.176

Aditya Birla Sun Life Arbitrage Fund:

Regular Plan – IDCW Option: 0.065

Direct Plan – IDCW Option: 0.067

Aditya Birla Sun Life Large Cap Fund:

Regular Plan – IDCW Option: 2.531

Direct Plan – IDCW Option: 6.054

Aditya Birla Sun Life Infrastructure Fund:

Regular Plan – IDCW Option: 1.668

Direct Plan – IDCW Option: 2.813

Aditya Birla Sun Life Income Fund:

Regular Plan – IDCW Option: 0.766

Direct Plan – IDCW Option: 0.817

Details of Mr. Jitark Shah

Designation: Research Analyst

Qualification: Master of Financial Analysis

Change in Fund Manager: