If you invest in mutual funds then this news is for you. Actually, HDFC Asset Management Company Limited, the investment manager of HDFC Mutual Fund, has announced the launch of HDFC Nifty Top 20 Equal Weight Index Fund. The new fund offering (NFO) opened on March 7, 2025. Its closing is March 21, 2025.

Invest from Rs 100

You can invest in this NFO of HDFC Mutual Fund from a minimum of ₹ 100. There is no maximum limit on the investment amount. There is no lock in period in the scheme and there is no exit load. This scheme is for those investors who want to take advantage of the long term growth potential of India’s blue-chip companies. This fund will be managed by Nirman Morakhia and Arun Agarwal.

The fund will be available under regular and direct plans, with only growth option. The scheme provides daily liquidity, allowing investors to buy and redeem units at net asset value (NAV) based prices on any business day.

What did the company official say

Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Company Limited, said – At HDFC Mutual Fund, we are committed to fulfilling our mission for investors. We continue to expand our range of investment solutions. HDFC Nifty Top 20 Equal Weight Index Fund can enable investors to benefit from the long-term growth potential of India’s top 20 largecap companies. With over two decades of expertise in index solutions, we are well positioned to bring this investment opportunity to our investors.

Related Articles:-

• 7th Pay Commission: Central employees will get a gift before Holi, DA hike may be approved
• IMD issued alert of major change in weather, warning of rain in these states
• School holiday in Holi 2025: Schools will be closed for 4 days on Holi, holidays will start from this day
• How to download APAAR ID online ? Quick step by step guide
• Paytm has introduced a new feature to download UPI payment statement

The post HDFC’s new scheme for mutual fund investors, you can invest from ₹ 100 first appeared on Rightsofemployees.com.

If you invest money in mutual funds or are thinking of investing, then know a rule related to this, which is going to be implemented from November 1. Market regulator SEBI said that the insider trading rule for mutual funds will come into effect from November 1.

Under this, all transactions of more than Rs 15 lakh made by the persons nominated in the mutual fund of the asset management company or their close relatives will have to be reported to the compliance officer within two business days. In all schemes except exempted schemes, the limit of Rs 15 lakh can be either in one-time transaction or in more than one transaction within a quarter.

The Securities and Exchange Board of India (SEBI) said in a circular that the new rule will come into effect from November 1. The regulator has asked asset management companies to provide information on a quarterly basis about the gross investments of their nominees, trustees and their close relatives in mutual funds from November 1, 2024.

Monitoring of transactions above Rs 15 lakh

According to SEBI, information about investments made in mutual funds till October 31 will have to be given to the stock markets by November 15. For the subsequent quarters, companies will have to provide information within 10 days after the end of the quarter. SEBI said, “Except exempted schemes, details of all transactions of more than Rs 15 lakh per PAN in their mutual fund schemes by nominees, trustees and their close relatives will be required to be given. This information will have to be given to the compliance officer of the AMC within two business days of the transaction.

The regulator said that employees should refrain from making profits from trading in the same security within 30 days and if they make a transaction, they must inform the compliance officer about the reason for it. The compliance officer will inform the board of directors and trustees of the asset management company about this.

SEBI included trading in mutual fund units under insider trading rules through a notification in November 2022. Its aim was to enhance integrity and transparency within asset management companies.

Related Articles:-

New Driving License: Govt is making free driving license for women, know the details

UAE’s new visa-on-arrival policy for Indians, know who is eligible and how to apply

Toll Tax Rules: These people do not have to pay toll tax. See the complete list in one click

The post Mutual funds: Insider trading rules for mutual funds to come into effect from November 1 first appeared on Rightsofemployees.com.

The company has announced a uniform tariff, which will directly affect the pockets of investors. The new rates will be applicable from October 1 and due to this, there is a movement in the shares of CDSL as well.

CDSL informed about the change in uniform tariff

According to the latest information released by CDSL, changes will be made in the uniform tariff from October 1. Let us tell you that after the order of market regulator SEBI, all companies, depositories and exchanges are reviewing their tariff plans. Under this, CDSL has announced a tariff of Rs 3.50 per debit transaction.

Changes made by CDSL

CDSL has offered a discount of Rs 0.25 per transaction on mutual funds and bond issues. Along with this, the discount of Rs 0.25 per transaction on women accounts will continue as before. Earlier, CDSL’s rate per debit transaction was between Rs 3.75 and Rs 5.5.

Functions of Depositories

Central Depositories Services Limited (CDSL) and National Securities Depositories Limited (NSDL) are the two major depositories in India. Both these depositories handle various types of securities such as equities, bonds, and ETFs.

MCX also changed the charges

Just two days ago, Multi Commodity Exchange (MCX) had also announced the transaction charges for options. MCX had revised the transaction charges and made them equal. SEBI has given everyone a deadline of 1 October 2024.

Know about CDSL

CDSL plays a vital role in the Indian equity market by providing depository services and facilitating the electronic storage and transfer of securities. The company has a low market share in demat accounts while NSDL has the highest market share in this case. CDSL is Asia’s only listed depository service with a market cap of around Rs 31,300 crore.

Related Articles:-

Uttar Pradesh’s first airline has arrived, got approval, know who is the owner

EPFO Claim: Your EPF claim will not be rejected, you just have to keep these things in mind

IndiGo’s Grand Runway Fest Sale – Fares starting at ₹ 1,111* , Hurry, limited time offer!

The post Mutual Fund Investor: New update for those investing in Mutual Fund, there will be a big change from October 1 first appeared on Rightsofemployees.com.

This decision has come at a time when market regulator Securities and Exchange Board of India (SEBI) is advocating small SIPs so that investors’ participation is higher. Recently SEBI Chairperson Madhavi Puri Buch talked about micro-SIP.

Daily wage labourers will also be able to take advantage of the stock market boom.
Speaking at an event organised to launch the NFO on manufacturing fund in Mumbai, RK Jha said that the AMC is working with registrar KFintech Services. LIC Mutual Fund plans to reduce the current limit of minimum SIP amount to Rs 100 per day and Rs 200 for monthly SIP. He said that this move will help the fund house reach those sections of the society which have not benefited from the stock market boom.

LIC Mutual Fund will increase AU

Jha further said that the fund house is aiming to increase its asset under management (AUM) from Rs 35,000 crore to Rs 65,000 crore by the end of this financial year and to Rs 1 lakh crore by the end of FY 2025-26.

What is SIP?

SIP is the easiest way to invest in mutual funds. Under SIP, the investor invests a fixed amount at regular intervals. A fixed amount is deducted from your bank account at regular intervals and invested in SIP.

Related Articles:-

Cheque Rule: Be careful while making payment by cheque, A small mistake can lead to trouble

Now make ration card sitting at home, get relief from visiting government offices

Good news for those making passport, passport will be made at home in 13 districts

The post Mutual Funds: LIC MF to introduce ₹100 daily SIPs, check full details first appeared on Rightsofemployees.com.