Latest news with #NandKishore
DW
25-07-2025
- Climate
- DW
India: School children killed in Rajasthan as roof collapses – DW – 07/25/2025
Some 40 children, as well as teachers and staff, were in the school building in India's Rajasthan when the roof collapsed, killing seven children. At least seven children have been killed and two critically injured as the roof of a school building partially collapsed in India's western state of Rajasthan on Friday. The news was reported by several Indian outlets, including the newspaper and television channel NDTV. The incident occurred at the Piplodi Government School around 8:30 a.m. local time (0300 GMT), according to NDTV's report. It cited officials saying around 40 children, in addition to teachers and staff members, were inside when the roof of class six and seven of the one-story building collapsed. "Seven children have lost their lives so far and 26 others are injured," Nand Kishore, a senior police officer in the state of Rajasthan, told AFP. Two of those children are critically injured and in the intensive care unit. All students were between the ages of eight and 11. Eyewitnesses told the media that the roof suddenly caved in due to persistent heavy rainfall over the past few days and that the building had been in a dilapidated state. Rescue operations conducted through the morning were completed by the afternoon. State leaders announced that an investigation was to be conducted to determine the reason of the collapse. Initial visuals from other news agencies showed locals gathered around the debris, helping rescuers to clear it. In a post on X, Rajasthan Chief Minister Bhajanlal Sharma commented on the "heart-wrenching" incident. "Instructions have been given to the concerned authorities to ensure proper treatment for the injured children," he said.
Time of India
07-07-2025
- Business
- Time of India
NFO Alert: SBI Mutual Fund launches NIFTY100 Low Volatility 30 Index Fund
SBI Mutual Fund has announced the launch of SBI Nifty100 Low Volatility 30 Index Fund , an open-ended scheme tracking the Nifty100 Low Volatility 30 Index. The new fund offer or NFO of the fund will open for subscription on July 8 and will close on July 22. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like "척추관협착증 통증 때문에 걷기 힘들다면?"..."비수술치료"로 통증 개선 됩니다! ort02a_강남정형외과병원 지금 예약 Undo The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. "The NIFTY100 Low Volatility 30 Index provides exposure to 30 of the least volatile companies within the NIFTY100 universe. It has a track record of delivering returns with lower risk than its parent index, the NIFTY100, over longer time horizons. The SBI NIFTY100 Low Volatility 30 Fund provides access to a proven passive strategy, ideal for investors seeking resilience in their portfolio and a relatively smoother path to long-term wealth creation ,' said Nand Kishore, MD & CEO, SBI Funds Management Limited. Live Events The fund will be benchmarked against the Nifty100 Low Volatility 30 Index and will be managed by Viral Chhadva. "Low-volatility investing is based on the principle that such stocks tend to cushion the impact of sudden market downturns. The NIFTY100 Low Volatility 30 Index is a focused equity index that tracks 30 of the least volatile companies within the NIFTY100 universe. The SBI NIFTY100 Low Volatility 30 Fund provides investors access to a passive investment strategy that complements traditional approaches, providing prudent investors with a relatively calmer path to long-term wealth creation," said D P Singh, Deputy MD and Joint CEO, SBI Funds Management. The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty100 Low Volatility 30 Index and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund, according to a release by the fund house. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25 The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter. Additional purchases can be made for a minimum of Rs 1,000 and in multiples of Re 1 thereafter. Investments can be made through SIPs (Systematic Investment Plans) on a daily, weekly, monthly, quarterly, semi-annual, or annual basis. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
07-07-2025
- Business
- Economic Times
NFO Alert: SBI Mutual Fund launches NIFTY100 Low Volatility 30 Index Fund
The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter. SBI Mutual Fund has announced the launch of SBI Nifty100 Low Volatility 30 Index Fund, an open-ended scheme tracking the Nifty100 Low Volatility 30 Index. The new fund offer or NFO of the fund will open for subscription on July 8 and will close on July 22. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. "The NIFTY100 Low Volatility 30 Index provides exposure to 30 of the least volatile companies within the NIFTY100 universe. It has a track record of delivering returns with lower risk than its parent index, the NIFTY100, over longer time horizons. The SBI NIFTY100 Low Volatility 30 Fund provides access to a proven passive strategy, ideal for investors seeking resilience in their portfolio and a relatively smoother path to long-term wealth creation,' said Nand Kishore, MD & CEO, SBI Funds Management Limited. The fund will be benchmarked against the Nifty100 Low Volatility 30 Index and will be managed by Viral Chhadva. "Low-volatility investing is based on the principle that such stocks tend to cushion the impact of sudden market downturns. The NIFTY100 Low Volatility 30 Index is a focused equity index that tracks 30 of the least volatile companies within the NIFTY100 universe. The SBI NIFTY100 Low Volatility 30 Fund provides investors access to a passive investment strategy that complements traditional approaches, providing prudent investors with a relatively calmer path to long-term wealth creation," said D P Singh, Deputy MD and Joint CEO, SBI Funds Management. The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty100 Low Volatility 30 Index and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund, according to a release by the fund house. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25 The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter. Additional purchases can be made for a minimum of Rs 1,000 and in multiples of Re 1 thereafter. Investments can be made through SIPs (Systematic Investment Plans) on a daily, weekly, monthly, quarterly, semi-annual, or annual basis. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
01-07-2025
- Business
- Time of India
SBI mutual fund launches AI-powered ‘SmartAssist' on whatsApp
SBI Mutual Fund , India's leading asset management company, today announced the launch of SBIMF SmartAssist, an AI-powered conversational assistant available on WhatsApp. Designed to simplify every stage of the mutual fund journey , SmartAssist helps users learn about mutual funds, invest, and manage their portfolios — all through a simple, WhatsApp chat-based experience. A seamless investment journey: Educate – Buy – Service Clarity without the clutter SBI MF SmartAssist is powered by advanced natural language processing and AI that understands and learns from human conversations. It enables users to ask questions conversationally, just like chatting with a friend! SBI MF SmartAssist provides accurate, easy-to-understand responses enhanced with visual cues, eliminating the need to navigate websites or sift through a lot of information. A simple & friendly experience Whether you're starting an SIP, checking your portfolio, comparing funds, or resuming your investment journey, SBI MF SmartAssist makes the process seamless, guiding you step by step. All interactions take place within WhatsApp, making mutual fund investing more accessible and friendly than ever. Always on, always ready Available 24/7, SBI MF SmartAssist ensures your investing needs are just a message away, eliminating wait times and making it convenient for you. 'At SBI Mutual Fund, we believe technology should simplify and bring in efficiency. With the launch of SmartAssist – our AI powered WhatsApp chat bot, we are bringing the power of AI directly to our investors, making mutual fund investing more intuitive and accessible. This is a significant step in our journey to enhance investor experience and adopt tech for growth and efficiency', said Mr. Nand Kishore , MD & CEO, SBI Mutual Fund. 'With SBI MF SmartAssist, we are not just offering a chat service — we are offering a full-cycle investment companion which is built on AI to give consumers an intuitive and enriched experience,' said Mr. Srinivas Jain, Executive Director and Chief of Strategy, Digital & Technology, SBI Mutual Fund. Powered by AI, designed for everyone SBI MF SmartAssist is currently available in English, with support for regional languages coming soon — reflecting SBI Mutual Fund's commitment to financial inclusion. By leveraging WhatsApp's reach to over 800 million Indians, the tool aims to bring digital investing to every corner of the country. An evolving AI-led experience As an AI-powered platform, SmartAssist is continuously learning and evolving. While we strive to deliver accurate and seamless service, we appreciate your patience as we fine-tune the experience based on real-world interactions and user feedback.
Time of India
26-06-2025
- Business
- Time of India
NFO Alert: SBI Mutual Fund launches Nifty200 Momentum 30 Index Fund
SBI Mutual Fund has announced the launch of SBI Nifty200 Momentum 30 Index Fund , an open-ended scheme replicating/ tracking Nifty200 Momentum 30 Index. The new fund offer or NFO of the scheme is open for subscription and will close on July 3. Also Read | Consistent performers: 10 equity mutual funds deliver over 30% CAGR in 3 and 5-year periods Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Semua yang Perlu Anda Ketahui Tentang Limfoma Limfoma Pelajari Undo The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. "The Nifty200 Momentum 30 Index is constructed to reflect the performance of the top 30 high-momentum stocks within the Nifty200 universe, selected through a methodology that considers both recent price performance and risk-adjusted returns. The SBI Nifty200 Momentum 30 Index Fund provides investors with an opportunity to access a momentum-driven strategy, which can serve to enhance return potential in a diversified portfolio," said Nand Kishore, MD & CEO, SBI Funds Management. Live Events "Momentum investing is a well-established strategy that seeks to capitalize on the persistence of stock performance trends. The Nifty200 Momentum 30 Index is designed to systematically identify and track the top 30 high-momentum stocks within the Nifty200 universe. Through the SBI Nifty200 Momentum 30 Index Fund , investors gain access to a momentum-driven investment style that can complement traditional strategies and potentially enhance portfolio returns by participating in prevailing market trends," said D P Singh, Deputy MD & Joint CEO, SBI Funds Management. The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty200 Momentum 30 Index and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund. Also Read | Best corporate bond mutual funds to invest in June 2025 The minimum application amount during the NFO is of Rs 5,000 and in multiples of Re 1 thereafter with additional purchases of Rs. 1,000 and in multiples of Re 1 thereafter. Investments can also be done through daily, weekly, monthly, quarterly, semi-annual, and annual SIP (Systematic Investment Plan). The fund manager for the SBI Nifty200 Momentum 30 Index Fund is Viral Chhadva. The fund gives an opportunity to invest in 30 'high momentum' stocks, which includes both large & mid-cap stocks, from its parent NIFTY200 index, selected based on their 'normalised momentum' scores, according to the release by the fund house.
