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Rajeev Radhakrishnan, Fund Manager & Head-Fixed Income, SBI Mutual Fund, says “the immediate challenge from an Indian fixed income perspective would be how inflation actually comes back closer to the RBI's policy target and what incremental actions may be required by the central bank. So, that is the near-term challenge.”

SBI Focused Equity Fund, the largest focused fund by assets under management (AUM), has completed 19 years. The scheme manages an AUM of Rs 29,473.64 crore. The scheme was launched on September 17, 2004.

UTI Mutual Fund (UTI) has launched UTI Innovation Fund, an open-ended equity scheme following the innovation theme to bring the next generation edge to investor’s portfolios. The Fund would follow a bottom-up approach for investing in innovation-oriented businesses and disruptors with the potential of non-linear growth outcomes.

People are notified that ICICI Prudential Mutual Fund has decided to revise the benchmark for its ICICI Prudential Manufacturing Fund, from "S&P BSE India Manufacturing TRI" to "Nifty India Manufacturing TRI", effective from October 1, 2023.

Mirae Asset Mutual Fund has launched Mirae Asset S&P BSE Sensex ETF, an open-ended scheme replicating/tracking S&P BSE Sensex Total Return Index.

This is to inform that HSBC Mutual Fund has declared dividend in its HSBC Infrastructure-IDCW and HSBC Infrastructure Direct-IDCW with quantum of dividend of Rs 2.25 per unit and Rs 2.50 per unit respectively, fixing record date as September 25, 2023.

This is to inform that Edelweiss Mutual Fund has declared dividend in its below mentioned funds, fixing record date as September 26, 2023:

This is to inform that Bank of India Mutual Fund has announced a change in its exit load structure from "For units in excess of 10% of the investment,1% will be charged for redemption Within 365 days" to "1% will be charged for redemption Within 90 days" for below mentioned funds:

This is to inform that Sundaram Mutual Fund has declared dividend in its Sundaram Diversified Equity-IDCW and Sundaram Diversified Equity Direct-IDCW with quantum of dividend of Rs 0.108 per unit and Rs 0.130 per unit respectively, fixing record date as September 20, 2023.

This is to inform that Sundaram Mutual Fund has declared dividend in its below mentioned funds, fixing record date as September 22, 2023:

Motilal Oswal Mutual Fund has launched Motilal Oswal Developed Market Ex US ETFs Fund of Funds, an open-ended fund of funds scheme investing in units of Global ETFs which track the performance of developed markets excluding US.

UTI Mutual Fund has announced that, face value of units of UTI Nifty 50 ETF is to be changed from Rs 10/- per unit to Rs 1/- per unit, as on September 25, 2023.

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

UTI Asset Management Company (UTI AMC) has announced the elevation of Anurag Mittal as head of fixed income with effect from October 1. Mittal joined UTI AMC in 2021 as deputy head of fixed income and has been managing key flagship funds for the company.

ICICI Prudential Mutual Fund has announced change in fund managers for its three equity schemes through a notice cum addendum.