Latest news with #CFSL
Mint
6 days ago
- Business
- Mint
Deepak Shenoy-backed Capitalmind Mutual Fund launches first NFO with flexi-cap scheme. Details here
Capitalmind Mutual Fund, backed by ace investor Deepak Shenoy, launched its first-ever mutual fund — a flexi-cap scheme with a quant-led strategy — on Friday, July 18. The new fund offer (NFO) of the flexi-cap scheme will close on July 28. The fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap and small-cap stocks. The mutual fund is an actively managed, market-cap agnostic equity scheme with a systematic, quantitative investment approach, the Capitalmind Mutual Fund said in a press release. Explaining the rationale behind the stock picking, the mutual fund house said its flexi-cap fund uses a multi-factor approach with momentum at its core, dynamically allocating across stocks from different market capitalisation, with built-in risk management and hedging flexibility. "A key attribute of the Capitalmind Flexi Cap Fund is its design to eliminate behavioural biases and reduce discretionary decision-making in equity allocation. The strategy is rooted in data-led discipline but remains flexible in its execution depending on market cycles. The strategy will also incorporate hedging techniques where necessary to manage downside risk," the release added. The scheme is benchmarked against the Nifty 500 Total Return Index (TRI) and is classified under the 'Very High Risk' category. The minimum initial investment during the NFO period is ₹ 5,000 and in multiples of ₹ 1 thereafter. For Systematic Investment Plans (SIPs), the minimum is ₹ 1,000 per instalment with a minimum of six instalments. Investors can also switch into the scheme with a minimum of ₹ 1,000. An exit load of 1% of applicable NAV applies to investments that are less than one year. The fund is available in the growth option, both Regular and Direct modes. Capitalmind Flexi-Cap Fund will allocate at least 65% to equity and equity-related instruments, and up to 35% in debt securities and money market instruments, with a provision to invest up to 10% in REITs and INVITs. "While the primary allocation will remain in equities, the dynamic nature of the strategy ensures flexibility to reposition during adverse market cycles or volatility spikes using predefined hedging rules," the company said. Deepak Shenoy, CEO, Capitalmind Mutual Fund said, 'Over years of in-house research and real-time execution at CFSL in portfolio management, Capitalmind has developed a proprietary framework that adapts to market momentum, adjusts when that momentum shifts, and applies multi-factor rules to mitigate risk during volatile or uncertain phases'. He further added, 'The Capitalmind Flexi Cap Fund is designed around a rule-based, quantitative approach that minimizes bias and emotion in portfolio construction. Rather than relying on forecasting or market narratives, the strategy uses data-driven factors to guide investments across the full spectrum of market capitalizations; large, mid, and small-cap stocks.' Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
6 days ago
- Business
- Business Standard
Capitalmind Flexi Cap Fund debuts: Data-led, momentum-driven investing
Capitalmind Asset Management on Friday announced the launch of its first mutual fund, the Capitalmind Flexi Cap Fund, an actively managed equity scheme using a quant-led, momentum-based strategy. The fund aims to dynamically allocate across large, mid, and small-cap stocks, with built-in risk management, and is open for investment from July 18 to July 28, 2025, the company said in a statement. Key details: The fund uses a multi-factor approach with momentum at its core, dynamically allocating across large, mid, and small-cap stocks, with built-in risk management and hedging flexibility NFO runs from July 18 to July 28, 2025; benchmarked to Nifty 500 TRI, with a minimum investment of ₹5,000 and SIPs starting at ₹1,000 The fund will allocate a minimum of 65% to equity and equity-related instruments, and up to 35% in debt securities and money market instruments, with a provision to invest up to 10% in REITs and INVITs. While the primary allocation will remain in equities, the dynamic nature of the strategy ensures flexibility to reposition during adverse market cycles or volatility spikes using predefined hedging rules. Investment strategy decoded: The fund's design eliminates behavioral biases and reduce discretionary decision-making in equity allocation. The strategy is rooted in data-led discipline but remains flexible in its execution depending on market cycles. The strategy will also incorporate hedging techniques where necessary to manage downside risk. All you should know about the Fund: Units will be allotted post closure, with the scheme benchmarked against the Nifty 500 Total Return Index (TRI) and classified under the 'Very High Risk' category in the SEBI Risk-o-Meter. The minimum initial investment during the NFO period is ₹5,000 and in multiples of ₹1 thereafter. For Systematic Investment Plans (SIPs), the minimum is ₹1,000 per installment with a minimum of six installments. Investors can also switch into the scheme with a minimum of ₹1,000. An exit load of 1% of applicable NAV applies to investments that are less than one year. The fund is available in the growth option, both Regular and Direct modes. With this launch, Capitalmind Mutual Fund marks its entry into the mutual fund space, drawing upon the extensive experience and track record of its sponsor, Capitalmind Financial Services Private Limited (CFSL). "Known for its legacy in quantitative research, systematic investing, and investor-first thinking, CFSL now brings these strengths into a regulated, retail-ready product through the Capitalmind Flexi Cap Fund, crafted for long-term investors with a high-risk appetite who seek disciplined, strategy-backed exposure to equity markets," the company said. As India transitions from an emerging market to a more mature, domestically driven economy, there's growth potential across sectors and company sizes. This shift creates opportunity but also complexity, and requires investors to go beyond traditional, fixed-cap approaches. 'The Capitalmind Flexi Cap Fund is designed around a rule-based, quantitative approach that minimizes bias and emotion in portfolio construction. Rather than relying on forecasting or market narratives, the strategy uses data-driven factors to guide investments across the full spectrum of market capitalizations; large, mid, and small-cap stocks," said Deepak Shenoy, CEO, Capitalmind Mutual Fund. 'We designed the Capitalmind Flexi Cap Fund to do two things well; stay in step with the market's strongest trends and to change allocation when the data says risk is rising. By combining momentum with a dynamic mix of other proven factors, our rules-based framework moves across large, mid, and small cap opportunities while being mindful of downside risk. The result, we believe, is a disciplined yet agile investment approach that lets investors compound wealth over the long term without having to predict the market's next move.' said Anoop Vijaykumar, Head of Equity & Fund Manager, Capitalmind Asset Management Pvt. Ltd. Capitalmind Mutual Fund has partnered with Kfin Technologies Ltd. as the Registrar & Transfer Agent (RTA) and Deutsche Bank AG as the custodian for the scheme.
Indian Express
04-07-2025
- Politics
- Indian Express
Excise policy scam case: What's the fear in supplying list of ‘unrelied documents', Delhi HC asks CBI
'What is the fear' in providing the list of 'unrelied upon documents (URDs)', the Delhi High Court orally asked the CBI on Friday while hearing a petition filed by the central agency against a May 22 trial court order in connection with the excise policy scam case. The trial court had directed that summons to produce documents or summons to individuals must be included in the list of URDs. 'Unrelied' documents are collected by probe agencies at the time of investigation but not used as evidence by the prosecution. The CBI has challenged the May 22 Rouse Avenue special CBI court order, which had stated that the court will proceed with the arguments on charges 'once the relied-upon digital evidence copy and the list of URDs are supplied to the accused individuals'. The trial court had reasoned that 'as the CBI must provide copies of relied-upon digital data currently with CFSL (Central Forensic Science Laboratory), this court cannot yet hear arguments on charge, given that all relied-upon documents must be available to the accused before charges'. It had directed that 'all notices under Section 91/160 CrPC and written communications sent by CBI to others, including witnesses and accused, and all written communications/documents received by CBI concerning those notices/written communications, must be included in the list of URDs if CBI does not intend to rely on them in this trial'. Section 160 of the Criminal Procedure Code (CrPC) empowers police officers to summon individuals to assist in the probe. Directing that the list of URDs should be filed in court, and copies of the list must be supplied to all accused, the trial court had directed that the investigating officer (IO) 'shall file an affidavit confirming that no other such notice/communication/document is omitted from the relied-upon documents or the URD'. Opposing the direction to the IO, the CBI, while arguing before Justice Ravinder Dudeja, also opposed the direction that notices issued to and statements made by the accused under Section 160 of CrPC — before they were considered to be an accused in the case — be considered a part of URDs. The CBI's counsel told HC, 'We have already given whatever we are relying upon, the (special CBI) judge wants the entire data to be given… CrPC sections 91 and 160 are tools of investigation, how can it be given? It is not part of the evidence collected.' 'There cannot be a procedure in the Delhi excise case which is different from any other case… (IO of) CBI has to file an affidavit for (filing all unrelied communication/notices) everything? It is unheard of… Some people have intimate messages and videos, some have competitive information (as businesses are also accused in the case)… There are privacy concerns… Inter se, conflict of privacy in URDs should not stall the trial,' the counsel added. Further opposing the supply of CrPC Section 160 notices and statements of accused recorded prior to them being made accused, the CBI added, 'Once they have been made accused, that statement is not part of relied upon or unrelied upon documents, because those statements can also trample upon somebody's right to self-incrimination.' Justice Dudeja, however, asked the CBI's counsel, '…Point is, why should it not be given… Disclosure statements of accused persons are not made part of the record… Why did you record the statement of the accused at the first instance if you were not going to rely, or not rely on such statements? You can provide the list (of URDs).' While CBI contended that if included in the list of URDs, 'it will then be seen by everybody else', Justice Dudeja orally responded, 'Show then… what is the fear… What is the prejudice being caused to you in case you hand over the copies of the notices under CrPC Section 160? Why do you not want to share these notices?' The CBI contended, 'It is not about fear, it's about what is relevant and not… (If the trial court's directions are upheld) what will happen is, it will become a practice (of including CrPC Section 160 notices) which does not exist at all… It is a roving inquiry.' A defence advocate for the accused, Rajat Bharadwaj, contended before the court, 'The fear is the entire frivolous investigation they have done will come all out in the open. Since past six months, they are not supplying us these documents… thereby these directions have been passed by the trial court.' Another defence advocate, Adit Pujari, added, 'This is a bogey being played (by CBI)… that supply of the list is going to delay arguments on charge…' While an order is awaited, Justice Dudeja indicated that the court is not inclined to stay the order till a status report is filed, all accused are served and their responses to the CBI's petition come on record. The court also indicated that it is agreeable only to the aspect of staying the direction that requires the IO to file an affidavit before the trial court.
Time of India
23-06-2025
- Politics
- Time of India
'No Rest For Maoists': Amit Shah Reveals Plan to Wipe Out Naxals From Chhattisgarh by March 2026
Home Minister Amit Shah, on the first day of his Chhattisgarh visit, reiterated his strong stance against Left-wing extremism (LWE), setting a bold deadline of March 2026 for complete eradication. Chairing a high-level anti-Maoist strategy meeting in Raipur with top police officials from 7 affected states, Shah declared that this time, Maoists will not get their usual monsoon break. He also urged misguided youth to surrender under the government's lucrative surrender policy, assuring full support and rehabilitation. In a major boost to forensic and criminal justice capabilities, Shah also laid the foundation of NFSU and CFSL in Raipur. Catch full details of his fiery speech, the roadmap for LWE eradication, and the implications of forensic modernisation for central India's justice system.#amitshah #chhattisgarh #maoists #naxalites #amitshahmaoists #maoistsdeadline #naxaldeadline #amitshahnaxals #naxaloperation #march2026 #leftwingextremism #forensics #nfsu #cfsl #breakingnews #toi #toibharat #bharat #breakingnews #indianews Read More
Time of India
22-06-2025
- Politics
- Time of India
NFSU graduation means job guarantee, says Amit Shah at launch of NFSU, CFSL in Chhattisgarh
RAIPUR: Union Home Minister Amit Shah on Sunday laid the foundation stones for two landmark projects in Chhattisgarh: a National Forensic Sciences University (NFSU) campus and a Central Forensic Science Laboratory (CFSL) in Nava Raipur Atal Nagar. 'Graduating from NFSU will be like a job guarantee. You won't have to search elsewhere," Shah told students and youth. This is a great opportunity for the youths of Chhattisgarh. With 16 NFSU campuses across India (7 operational, 9 approved, and 10 proposed), the govt plans to develop 26 campuses in total. Shah said the system would eventually produce 32,000 forensic experts every year, exceeding India's current need of 30,000. 'The NFSU campus to be built at a cost of Rs 145 crore, and the CFSL, at Rs 123 crore, are part of a broader national push to modernize the criminal justice system and make India self-reliant in forensic science. Under the new criminal laws, it would become mandatory for a forensic team to visit the crime scene for any offense with a sentence of more than seven years. This shows the immense scope for forensic science in our country,' Shah noted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Eat 1 Teaspoon Every Night, See What Happens A Week Later! [Video] getfittoday Undo Chhattisgarh government has given land for the institutes and the entire campus of NFSU will be developed in the next three years, he said. Chhattisgarh presently has four regional State Forensic Science laboratories in Ambikapur, Bilaspur, Durg and Jagdalpur. 'Now, with CFSL setting up, it will give a huge strength to our criminal justice system. There will be no need to go to other states for forensic probe or to send samples to Delhi for investigation. The entire investigation will be done in Nava Raipur Atal Nagar only. 'There was a time when arguments for justice were based on feelings or imagination and evidence, but I believe that the perfect result comes when there is proof and scientific evidence. With the help of FSL (forensic science lab), India will be among the countries with the highest conviction rate in the world within a few years,' he said. Shah said after complete implementation of three new laws- Bharatiya Nyay Sanhita, Bharatiya Nagarik Suraksha Sanhita and Bharatiya Sakshya Adhiniyam, the India's criminal justice system will become world's most modern and advanced criminal justice system with the country entering into an era of more evidence-based criminal justice. We have worked towards creating a modern, speedy and scientific justice system through these three criminal justice laws,' he added. 'The implementation of three criminal laws after abolishing the 160 year old colonial law, would mean that any FIR registered in any corner of our country will ensure justice to the complainant and the victim up to the Supreme Court within three years. There will be no delay in justice for more than three years,' he said. 'Prime Minister Narendra Modi's vision is very clear. The target to make India a developed country by 2047, is not focused only on innovation, infrastructure, industrial and economic developments but to also ensure timely justice. The three new laws will help in ensuring timely justice, Shah said. Amit Shah also inaugurated the transit NFSU campus in Sejbahar and the i-Hub innovation centre, saying, both would be game-changers for Chhattisgarh's youth who want a start-up support eco-system. modelled 'Chhattisgarh i-Hub (innovation hub) has also been inaugurated today. After the formation of Vishnu Deo Sai led govt in Chhattisgarh, MoUs worth Rs 5 lakh crore have been signed in recent investors' summit. Though several industries have been coming to state but I want to clearly say that the industrial revolution cannot happen until the youth of Chhattisgarh become entrepreneurs,' Shah said. 'Chhattisgarh's industrial revolution cannot depend only on outside investors. Its youth must lead it as entrepreneurs,' he emphasized, 'The i-Hub will help young innovators with practical validation, technological support, financial assistance, and mentorship, all under one roof. This move aligns with the government's vision to boost MSMEs and local start-ups, encouraging a culture of 'industrial adventurism' in state,' Shah said. The i-Hub High Hope initiative started on Sunday will not only help the youth who want to get their own start-ups but will also help them in checking the practicality of it and give them technological support, he said. It will also act as a bridge for financial support to begin with a start-up marketing experience and guidance will be provided by the single centre. 'Someone had sent me a survey which states the global forensic technology market is worth 20 billion US dollars, which will be worth 55 billion US dollars by 2036 with a 13% compound annual growth rate. The survey estimates India's share in it to be 9%. This is a huge potential our youth will get to explore through this,' Amit Shah added. Chief Minister Vishnu Deo Sai, Deputy CMs Arun Sao and Vijay Sharma, Union Home Secretary Govind Mohan, Director of Intelligence Bureau Tapan Deka and Chhattisgarh Chief Secretary Amitabh Jain were present during the event.
