Tata Value Fund - (G)

Change in Exit Load:

The net assets under the management (AUM) of the Indian mutual fund industry at the end of August 2026 stood at Rs 87.07 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is higher by 1.54% as compared with the figure of Rs 85.75 lakh crore recorded in July 2026.

The AUM of open-ended plans rose to Rs 86.92 lakh crore in August 2026 from Rs 82.59 lakh crore in July. The equity plans in this category recorded net inflows of Rs 29,328.62 crore.

Within equity, Small Cap Funds drew the most significant inflows in August, attracting Rs 7,973.33 crore. Mid Cap Funds followed suit with inflows of Rs 6,989.40 crore, while Large Cap Funds saw net outflows of Rs 1,147.36 crore during the period under review.

Debt funds witnessed net outflow in August, which added up to Rs 8,127.32 crore. This category had recorded net inflows of Rs 1,87,511.32 crore in July. Overnight Funds recorded maximum outflow of Rs 30,654.25 crore while Liquid Funds recorded maximum inflow of Rs 19,934.29, followed by Money Market Funds (with inflows of Rs 11,734.71 crore) and Ultra Short Term Funds (with inflows of Rs 4,256.55 crore).

Hybrid schemes, offering a mix of equity and debt exposure, recorded net inflows of Rs 10,045.34 crore in August 2026. This was largely driven by Arbitrage Funds and Multi Asset Allocation Fund, which recorded inflows of Rs 3,789.02 crore and Rs 3,670.97 crore, respectively.

In the Other Schemes category, Equity ETFs and Gold ETFs recorded a net inflow of Rs 7,237.49 crore and Rs 2,596.70 crore, respectively.

The systematic investment plan (SIP) contributions stood at Rs 32,297 crore in August 2026 as against Rs 31,961 crore in July of this year. The number of SIP contributing accounts was 10.02 crore while the SIP AUM was Rs 18.62 lakh crore as on 31 August 2026.

Nippon India Balanced Advantage Fund - Regular Plan – IDCW 0.2200

Nippon India Balanced Advantage Fund - Direct Plan – IDCW: 0.2200

Nippon India Multi Asset Allocation Fund - Regular Plan – IDCW 0.1500

Nippon India Multi Asset Allocation Fund - Direct Plan – IDCW: 0.1500

ICICI Prudential ELSS Tax Saver Fund :

Regular Plan – IDCW: 0.07

Direct Plan – IDCW: 0.07

ICICI Prudential Exports & Services Fund :

Regular Plan – IDCW: 3.30

Direct Plan – IDCW: 3.30

ICICI Prudential Focused Fund Fund :

Regular Plan – IDCW: 2.36

Direct Plan – IDCW: 2.36

Name: Mr. Hardik Gala

Age: 38 years

Designation: Head-Operations (Fund Accounting)

Qualification: Chartered Accountant

UTI Short Term Fund

UTI Corporate Bond Fund

UTI Credit Risk Fund

UTI Dynamic Term Fund

UTI Banking & PSU Debt Fund

UTI Medium Term Fund

UTI Medium to Long Term Fund

UTI 10 year Constant Maturity Gilt Fund

Change in Exit Load:

ICICI Prudential Aggressive Hybrid Fund :

Regular Plan – Annual IDCW : 2.35

Direct Plan – Annual IDCW : 2.35

ICICI Prudential Conservative Hybrid Fund :

Regular Plan – Half Yearly IDCW : 0.3498

Direct Plan – Half Yearly IDCW : 0.5064

Regular Plan – Quarterly IDCW : 0.1866

Direct Plan – Quarterly IDCW : 0.2540

Aashish P Sommaiyaa, equity partner and chief executive officer of WhiteOak Capital, said the initiative will use a multi-manager FoF structure and that the company has hired a manager with nearly two decades of experience in managing such strategies in the US.

“It’s a multi manager fund. It will invest in direct plans of small cap funds. It’s a new initiative,” Sommaiyaa said in a post on social media on 3 September 2026.

Under the proposed structure, 95%-100% of the scheme's assets will be invested in units of equity-oriented small-cap mutual fund schemes, while 0%-5% may be invested in debt and money market instruments, government securities, T-Bills and TREPS.

Sommaiyaa said the multi-manager structure would combine quantitative analysis to shortlist funds with qualitative assessment. According to him, this approach could reduce the probability of selecting the worst or most volatile funds from the small-cap universe.

He said there are “probably 3 dozen smallcap funds” in the market and argued that a professionally managed FoF could improve the probability of selecting winners while making decisions to stay invested or disinvest more systematic.

The CEO also highlighted the potential tax-efficiency of the structure. Investors could continue their SIPs in the FoF while the fund manager changes or recalibrates exposure to underlying schemes based on periodic assessments. Sommaiyaa said switching between underlying small-cap funds within the FoF would not require the investor to redeem from one fund and invest in another, thereby avoiding a tax event at the investor level.

On performance expectations, Sommaiyaa said the small-cap FoF would not necessarily be the best or top performer among small-cap peers. However, if it performs as intended, he expects it to remain above average and typically land in the second quartile, while having lower volatility of alpha compared with an individual fund.

The scheme will benchmark its performance against the Nifty Smallcap 250 TRI and will follow an active investment strategy, with allocations across multiple small-cap mutual fund schemes based on factors including relative valuations, market cycles, liquidity, fund manager track record, portfolio overlap and risk-return characteristics.

The scheme will offer direct and regular plans, with the growth option. The NFO price will be Rs 10 per unit, while the minimum application amount during the NFO period will be Rs 500.

The scheme will have no entry load. An exit load of 1% will apply if units are redeemed or switched out within one year from the date of allotment. No exit load will apply after one year.

The NFO opening and closing dates have not yet been specified. The scheme will be managed by Ashish Agrawal, Bhavin Patadia and Nikunj Sampat. Agrawal has over 18 years of financial-market experience, while Patadia and Sampat have over 17 years and 15 years of experience, respectively, according to the Scheme Information Document.

The scheme aims to generate long-term capital appreciation by predominantly investing in equity and equity-related instruments selected using a quality factor-based approach. The fund will focus on businesses with strong and sustainable quality characteristics and assess their growth prospects, business fundamentals, competitive advantages and valuations before selecting securities.

The fund house said its quality framework focuses on companies with high return on equity and return on capital employed, low leverage, consistent earnings across cycles, strong free cash flows, capital discipline, durable competitive advantages and sound corporate governance. The proposed portfolio is expected to comprise around 20-35 stocks.

The fund's investible universe comprises the top 1,000 companies by market capitalisation. The portfolio construction process progressively narrows this universe to around 450-550 stocks after the neglect screen, 250-350 after the quality filter and 80-90 after the growth overlay, before selecting 20-35 stocks for the final portfolio.

The scheme will be benchmarked against the Nifty 200 Quality 30 Total Return Index. The Quality Index delivered positive returns in 97.8% of rolling three-year periods between FY06 and FY26, indicating resilience across different economic cycles.

The fund is classified as an equity thematic-factor-based fund and carries a very high risk rating. The minimum investment is Rs 500 and the scheme is available through regular and direct plans, with growth and IDCW options.

The fund will be managed by Ankit Agarwal, Ajay Khandelwal and Varun Sharma for the equity component, Rakesh Shetty for the debt component and Swapnil Mayekar for overseas securities. The scheme will be actively managed and may use equity and equity-related derivatives for hedging and portfolio risk management, subject to applicable limits.

The fund has an exit load of 1% if units are redeemed on or before 90 days from the date of allotment, while no exit load will apply after 90 days. The scheme is open-ended and does not have a lock-in period.

Name: Mr. Alankrit Shrivastava

Age: 35 years

Designation: Chief Information Security Officer

Qualification: Bachelor of Engineering in Electronics and Telecommunication

Mr. Somesh Patil shall cease to be the Chief Information Security Officer (CISO) of 360 ONE Asset management Limited and shall accordingly cease to be the Key Personnel, with effect from close of business hours of August 31, 2026.

Mahindra Manulife Aggressive Hybrid Fund:

Regular Plan Monthly – IDCW: 0.18

Direct Plan Monthly – IDCW: 0.18

Change in Fund Manager:

ICICI Prudential Multi Asset Allocation Fund:

Regular Plan – IDCW: 0.1600

Direct Plan – IDCW: 0.1600

ICICI Prudential Balanced Advantage Fund:

Regular Plan – IDCW: 0.07

Direct Plan – IDCW: 0.07

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

Union Retirement Fund - Direct Plan - IDCW Option: 0.20 Union Retirement Fund - Regular Plan - IDCW Option: 1.22

Union Innovation & Opportunities Fund - Direct Plan – IDCW Option: 1.19

Union Innovation & Opportunities Fund - Regular Plan – IDCW Option: 1.19

Union Multi Asset Allocation Fund – Direct Plan – IDCW Option: 0.90

Union Multi Asset Allocation Fund - Regular Plan – IDCW Option: 0.90

Invesco India Balanced Advantage Fund – Regular IDCW Option & Direct IDCW Option: 0.14

Ms. Neetu Kumari has ceased to be an Investment Associate – (Equity), with effect from the close of business hours of August 28, 2026;

Mr. Kandarp Solanki shall cease to be Research Analyst – (Equity), with effect from the close of business hours of August 31, 2026.