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360 ONE Mutual Fund has announced the successful close of the New Fund Offer (NFO) for its newly launched 360 ONE Overnight Fund, having garnered over Rs 200 crore during the subscription period. The new fund offer or NFO of the fund was open from July 1 to July 9.

ICICI Prudential Mutual Fund has announced the resumption of subscriptions in its three international funds through various modes, including lump sum (including switches), Systematic Investment Plan (SIP), and/or Systematic Transfer Plan (STP) registration (as target schemes), effective July 17, 2025.

HDFC Defence Fund, the only actively managed defence-focused mutual fund, added just one stock to its portfolio in June—a smallcap that has surged nearly 300% over the past three years.

ICICI Prudential Mutual Fund has announced resumption of subscription in its international funds, with effect from July 17, 2025. Investors can now invest in the following schemes through lumpsum, switch-ins, and new SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan) registrations:

Groww Mutual Fund has launched two new passive schemes—the Groww BSE Power ETF and the Groww BSE Power ETF Fund of Fund (FoF)—to track the BSE Power Index – TRI. These schemes provide low-cost exposure to India’s power sector. The NFO for both funds will be open from July 18 to August 1, 2025.

Groww, a leading investment platform in India, introduces a new feature. Investors can now hold mutual fund units in demat format. This offers a unified way to manage investments. The demat option simplifies account management. Investors can easily update bank details. Multiple nominees can be added. Groww continues to offer the Statement of Account format.

Daily Voice: Small cap earnings set to outpace large caps amid economic recovery, says Bajaj Finserv AMC's Nimesh Chandan

ICICI Prudential AMC IPO | Since 1998, ICICI Prudential AMC has been operating as a joint venture between ICICI Bank and London-based Prudential Corporation Holdings with 51:49 shareholding.

ICICI Prudential Mutual Fund has launched the Active Momentum Fund, an open-ended equity scheme aiming to capture sustained price and earnings trends. With flexibility across sectors and market caps, the fund uses a mix of top-down and bottom-up strategies. NFO closes on July 22; minimum investment is Rs 5,000.

UTI Mutual Fund has declared income distribution of Rs 0.255 per unit under IDCW option (both regular and direct plans) of its UTI Multi Asset Allocation Fund.

ITI Mutual Fund has declared income distribution of Rs 0.10 per unit under IDCW option (both regular and direct plans) of its ITI Balanced Advantage Fund.

Franklin Templeton (India) has announced the launch of Franklin India Multi Asset Allocation Fund (FIMAAF), an open-ended multi asset allocation fund investing in equity, debt and commodities.

The scheme will allocate at least 95% and up to 100% of its assets to equities that are part of the Nifty100 Low Volatility 30 Index. The remaining 0–5% may be invested in government securities such as G-Secs, state development loans (SDLs), treasury bills, triparty repos, or units of liquid mutual funds, the fund house said.

The MD and CEO of Motilal Oswal AMC believes index earnings typically move in line with nominal GDP and one needs to identify spaces with a structurally higher growth trajectory to seek differentiated outcomes

Bajaj Finserv Mutual Fund has launched Bajaj Finserv Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks, that offers quality, growth and value.