Nippon India Mutual Fund is launching two new index funds—Nifty 500 Low Volatility 50 and Nifty 500 Quality 50—opening for subscription on April 16 with a minimum investment of Rs 1,000.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased