Page 18 - Banking Finance June 2025

MUTUAL FUND

The scheme will invest 50-65% in debt- Mutual Fund SIP Inflows Hit Record Rs 26,632 Crore
oriented schemes, 30-50% in arbitrage
schemes, and up to 5% in money mar- in April
ket instruments. The goal is to outper- Systematic Investment Plan (SIP) inflows into mutual funds reached a new
form traditional debt instruments record in April 2025, rising 3% to Rs 26,632 crore from Rs 25,926 crore in
through a tax-efficient structure, espe- March. The number of new SIPs surged to 46.01 lakh in April, up from 40.18
cially for investors with a holding pe- lakh a month earlier, and total contributing SIP accounts rose to 8.38 crore.
riod beyond two years.
SIP assets under management (AUM) grew to Rs 13.89 lakh crore, reflect-
Prashant Pimple, CIO - Fixed Income, ing increasing investor confidence despite market volatility. Retail mutual
said, "This fund offers the potential to fund folios also increased to 18.71 crore, with total mutual fund folios reach-
earn better post-tax returns, especially ing 23.62 crore. April marked the 50th consecutive month of positive eq-
for holding periods beyond two years." uity inflows, continuing a trend that began in March 2021.
The fund aims to mitigate risk while
enhancing return potential through Venkat Chalasani, CEO of AMFI, noted, "This continued growth reflects the
diversified allocation, making it suit- rising preference among investors for mutual funds as a disciplined and ef-
fective tool for long-term savings." The average AUM for April 2025 stood
able for investors looking to move be-
at Rs 69.49 lakh crore.
yond conventional fixed-income av-
enues in today's dynamic interest rate
environment. cial goals." Designed to thrive in both (GARP) based investment philosophy.
bullish and bearish phases, the fund The Unifi Flexi Cap Fund follows a sea-
Canara Robeco Unveils aims to offer diversification through soned investment and portfolio con-
active allocation, catering to evolving
Multi Asset Allocation investor needs in a volatile economic struction framework, ensuring a bal-
ance between active bottom-up posi-
Fund to Tackle Market environment. tions and index mindfulness. The fund

Cycles ultimately builds a diversified portfolio
Unifi Mutual Fund an- of 50-70 stocks, maintaining a 3–5-year
Canara Robeco Mutual Fund has investment outlook while balancing
launched its Multi Asset Allocation Fund, nounces extension of NFO bottom-up active positions with bench-
targeting investors seeking balanced period of its flexi cap fund mark mindfulness.
growth and downside protection across Unifi Mutual Fund has announced the
market conditions. The NFO opens on extension of the NFO period of its flexi The scheme will be anchored to invest-
May 9 and closes on May 23, with re- cap fund from May 30 to June 2. The ing in growth businesses and will be
opening scheduled on or before June 6. fund house informed its unitholders consensus-agnostic. The scheme strives
to adopt a prudent sell-discipline on
The open-ended scheme will invest 65- through a notice-cum-addendum. achieving objective or fundamental
80% in equities, 10-25% in debt instru- The addendum further mentioned that thesis change as part of its ongoing
ments, and 10-25% in Gold and Silver all the other provisions of the SID and portfolio management.
ETFs. It may also allocate to REITs and KIM cum application form of the
Nifty 500 will be the primary universe
InvITs. The strategy includes periodic scheme, except as specifically modified for the fund from which 75% or more
optimisation based on economic indi- herein above, remain unchanged. This of the portfolio constituents will be
cators, earnings momentum, valua- notice cum addendum forms an inte- selected. The next 500-750 companies
tions, and risk premiums to align the gral part of the SID and KIM of the would also be pursued tactically to
portfolio with market dynamics. scheme as amended from time of time. capitalise on emerging sectors, trends
Rajnish Narula, CEO of Canara Robeco Unifi Flexi Cap Fund is an open-ended ,and companies. Through rigorous re-
Asset Management, stated, "This equity scheme that has the flexibility search, the selection is narrowed down
launch expands our product offerings to invest across large-cap, mid-cap, to 100-120 companies, focusing on
and empowers investors to build resil- and small-cap stocks, aligning with earnings growth, leadership, and valu-
ient portfolios aligned with their finan- Unifi’s Growth at a Reasonable Price ation comfort.

16 | 2025 | JUNE | BANKING FINANCE