Page 14 - Banking Finance October 2025

MUTUAL FUND

try into Indian fund management after crore in assets under management A lump sum of Rs. 10,000 invested at
exiting in 2018. For Ambani, this ex- (AUM), with a diversified allocation launch would now be worth Rs. 3.37
pansion complements his broader across large (38.39%), mid (28.41%) lakh-outperforming both the BSE 500
strategy to disrupt financial services by and small-cap (25.56%) stocks. It is TRI and Sensex TRI benchmarks. The
leveraging Jio's telecom and retail in- benchmarked against the Nifty 500 fund's current AUM stands at Rs.
frastructure. Multicap 50:25:25 TRI. 13,301.47 crore.

India's mutual fund landscape is be- Managed by Sanjay Chawla, the This open-ended scheme invests dy-
coming increasingly attractive, espe- scheme has consistently outperformed namically across large-cap, mid-cap,
cially with rising household savings and and small-cap equities. Over 1-year, 3-
its benchmark over 1-year and 3-year
growing middle-class aspirations for periods. The fund house attributes this year, and 5-year periods, the fund has
wealth generation. shown consistent performance, align-
success to a research-driven strategy
Jio BlackRock aims to be a major player with a focus on risk-adjusted returns. ing with its objective of long-term capi-
in this transformation by offering tech- tal appreciation.
With India's capital markets growing,
enabled, low-cost investment solutions the fund is positioned as a compelling The fund's robust track record high-
to the masses. lights its potential for wealth creation,
option for long-term investors seeking
making it suitable for investors seeking
balanced equity exposure across mar-
Baroda BNP Paribas ket capitalisations. diversified equity exposure across mar-
ket cycles.
Multicap Fund grows SIP
to Rs. 1.52 crore in 22 Canara Robeco Flexi Cap Tata Asset Management to
years Fund SIP grows to Rs. 1.79 launch dynamic equity
Baroda BNP Paribas Multicap Fund has crore in 22 years fund at GIFT City
turned a Rs. 10,000 monthly SIP into Canara Robeco Flexi Cap Fund has Tata Asset Management has received
Rs. 1.52 crore over 22 years, deliver- grown a Rs. 10,000 monthly SIP to Rs. approval to launch the Tata India Dy-
ing a strong CAGR of 15.24%. A one- 1.79 crore over 22 years, with a total namic Equity Fund at GIFT City IFSC,
time Rs. 10,000 investment at incep- investment of Rs. 26.4 lakh. The fund with a minimum investment size of USD
tion would now be worth Rs. 22.6 lakh. has delivered an XIRR of 15.04% since 500. The fund is positioned as a retail-
The fund has also crossed Rs. 2,900 inception. friendly, global gateway to Indian eq-
uities.
Tata AIA launches sector leader index funds with Structured as an inbound feeder fund,
it will invest in mutual fund equity
GST relief
schemes and ETFs, with active alloca-
Tata AIA Life Insurance has launched two new funds-Tata AIA Sector Lead- tion across large-, mid-, and small-cap
ers Index Fund and Sector Leaders Index Pension Fund-focused on India's stocks. It also includes tactical exposure
top-performing companies across key sectors. to themes like technology, healthcare,
These funds are available during the New Fund Offer (NFO) at Rs. 10 per and energy.
unit until September 22. Importantly, they are exempt from GST under new The fund offers non-resident investors
rules effective from the same date. tax advantages and aligns with Tata
AMC's goal of enabling global partici-
The company believes India's economic growth, fueled by rising consump-
tion, lower interest rates, and high-performing corporates, offers a timely pation in India's capital markets.
opportunity for long-term wealth creation. Prathit Bhobe, CEO, said the move
connects global investors with India's
With life insurance bundled in, the funds offer a mix of investment and fi-
multi-decade growth story. The fund is
nancial security. Tata AIA aims to attract retail investors looking to ride
India's sectoral growth while benefiting from cost savings on fund charges. expected to appeal to both institu-
tional and retail investors abroad.

BANKING FINANCE | OCTOBER | 2025 | 13