Sundaram Fin Serv Opportunities (G)

Change in Fund Manager:

Baroda BNP Paribas Aggressive Hybrid Fund – Regular Plan – IDCW Option: Rs 0.12 per unit.

Baroda BNP Paribas Aggressive Hybrid Fund – Direct Plan – IDCW Option: Rs 0.14 per unit

Baroda BNP Paribas Multi Cap Fund – Regular Plan – IDCW Option: Rs 0.40 per unit.

Baroda BNP Paribas Multi Cap Fund – Direct Plan – IDCW Option: Rs 0.42 per unit.

DSP Aggressive Hybrid Fund – Regular Plan – IDCW Option: 0.200000

DSP Aggressive Hybrid Fund – Direct Plan – IDCW Option: 0.200000

HDFC Balanced Advantage Fund:

Regular Plan – IDCW: 0.250

Direct Plan – IDCW: 0.250

LIC MF Aggressive Hybrid Fund – Regular Plan - IDCW Option: 0.10

Invesco India Balanced Advantage Fund – Regular IDCW Option & Direct IDCW Option: 0.15

The New Fund Offer (NFO) opens on 23 April 2025, and will close on 30 April 2025. The fund aims to deliver tax-efficient, moderate returns over a medium-term horizon of two to three years, though it does not guarantee any returns.

The fund will allocate 50% to 65% of its portfolio to debt mutual fund schemes for income stability, while 35% to 50% will be directed towards arbitrage strategies to capture market opportunities. Additionally, up to 5% may be invested in cash, money market instruments, triparty repos, and reverse repos, adding liquidity and flexibility to the portfolio.

Its performance will be benchmarked against a composite index made up of 65% Nifty Composite Debt Index and 35% Nifty 50 Arbitrage Index, reflecting its hybrid strategy. The scheme will be managed by Ardhendu Bhattacharya, a seasoned fund manager associated with SBI Mutual Fund since 2019, who brings considerable experience in overseeing debt and hybrid portfolios.

The minimum investment required is Rs 5,000, with additional contributions allowed in multiples of Rs 1,000. Investors can also opt for Systematic Investment Plans (SIPs), available in daily, weekly, monthly, quarterly, semi-annual, and annual frequencies, offering accessibility and convenience.

This fund is targeted at investors seeking a diversified approach that combines the relative safety of debt instruments with the return potential of arbitrage strategies. It is especially suited for those looking for regular income, moderate capital growth, and an actively managed portfolio without the need to track individual mutual fund schemes.

Edelweiss Balanced Advantage Fund – Regular Plan – Monthly IDCW Option & Direct Plan – Monthly IDCW Option: Rs. 0.18 each

Edelweiss Aggressive Hybrid Fund – Regular Plan – IDCW Option & Direct Plan – IDCW Option: Rs. 0.20 each.

Edelweiss Equity Savings Fund – Regular Plan – Monthly IDCW Option & Direct Plan – Monthly IDCW Option: Rs. 0.08 each.

The company plans to kick off with active equity mutual funds, followed by offerings in debt, hybrid, and multi-asset categories. Its strategies, such as Adaptive Momentum and Surge India, have delivered post-fees returns of over 27.1% and 28.9% respectively over five years, and will form the backbone of the new fund offerings.

Led by founder Deepak Shenoy and COO Vashistha Iyer, the firm is positioning itself as a tech-forward AMC with a strong emphasis on transparency, in-house tech, and quantitative research. Capitalmind manages Rs 2,058 crore for PMS and AIF clients and has an engaged digital community of over 4 lakh followers.

Its entry comes as India's mutual fund industry crosses Rs 65 lakh crore in AUM, and Capitalmind hopes to democratize sophisticated investing with a retail-first, evidence-based philosophy.

Change in Fund Manager:

Change in Fund Manager of the Scheme:

Change in Exit Load:

Aditya Birla Sun Life Balanced Advantage Fund:

Regular Plan – IDCW Option: 0.149

Direct Plan – IDCW Option: 0.169

Aditya Birla Sun Life Arbitrage Fund:

Regular Plan – IDCW Option: 0.065

Direct Plan – IDCW Option: 0.067

Aditya Birla Sun Life International Equity Fund:

Regular Plan – IDCW Option: 1.052

HDFC Arbitrage Fund – Wholesale Plan – Regular Plan – Normal IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund – Wholesale Plan – Direct Plan – Normal IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund – Wholesale Plan – Regular Plan – Monthly IDCW Option (Payout & Reinvestment): 0.050

HDFC Arbitrage Fund – Wholesale Plan – Direct Plan – Monthly IDCW Option (Payout & Reinvestment): 0.050

Change in Fund Manager Management responsibilities:

A cocktail of global trade tensions and economic uncertainty seems to have kept investors on edge. Markets have been jittery, and that cautious mood spilled over into mutual fund flows.

Despite the dip in fresh investments, total equity Assets Under Management (AUM) actually grew, rising to Rs 29.45 lakh crore in March from Rs 27.39 lakh crore in February. Credit largely goes to Systematic Investment Plans (SIPs), which continued to hum along steadily, acting as the tortoise to the market’s hare.

SIP inflows fell marginally to Rs 25,926 crore during the month against Rs 25,999 crore received in February 2025.

Zooming out, the mutual fund industry’s total AUM reached Rs 65.74 lakh crore in March, up from Rs 64.53 lakh crore in February — yet another sign that the long-term money is still in the game.

Largecap fund inflows stood at Rs 2,479 crore for the month under review against Rs 2,866 crore in February 2025, registering a fall of 13.5% month-on-month. Midcap fund inflows, however, rose marginally to Rs 3,438.87 crore for the month against Rs 3,406.95 crore in February 2025, according to AMFI.

Meanwhile, debt mutual funds had a bit of a meltdown. Outflows skyrocketed to Rs 2.03 lakh crore in March, a sharp jump from February’s Rs 6,526 crore. The biggest hit came from liquid funds (Rs -1.33 lakh crore), as corporates and institutions pulled out cash ahead of the financial year-end.

The new fund offer (NFO) party was still on. March saw 30 new mutual fund launches, raising Rs 4,085 crore. Index funds led the pack, with 11 new schemes mopping up Rs 2,049 crore. Two low-duration funds also joined the fray, pulling in Rs 928 crore.

Details of Mr. Ranjit Sawant,

Age: 26 years

Designation: Dealer - Key Personnel

Qualification: Bachelor of Accounting Finance
Master of Advance Accounting and Finance

Details of Mr. Sandhir Sharma,

Age: 49 years

Designation: Chief Business Officer

Qualification:·MBA from BVIMR, (University of Pune) BBS (University of Delhi)

Change in Fund Manager of the Scheme: