Latest news with #SID
DW
17 hours ago
- Sport
- DW
German biathlete Dahlmeier died in mountains of Pakistan – DW – 07/30/2025
German Olympic star Laura Dahlmeier was confirmed dead on Wednesday following a mountaineering accident in Pakistan. Adverse weather conditions had hampered attempts to rescue the former Olympic champion. Former German Olympic biathlon champion Laura Dahlmeier was confirmed dead on Wednesday, two days after being caught in a rockslide high in the mountains of northern Pakistan. The 31-year-old was swept away by falling rocks on Monday at an altitude of around 5,700 meters (18,700 feet) while ascending the 6,069-meter-high Laila Peak. Dahlmeier's climbing partner, Marina Eva, sent a distress signal and was able to descend to base camp on Tuesday with the help of rescuers. But Dahlmeier remained injured and inaccessible on the mountain. Adverse weather conditions hampered rescue attempts, with Pakistani military helicopters remaining grounded due to low visibility, rain, and strong winds. Finally, on Wednesday morning, two teams comprising four international climbers — three Americans and one German — and two local high-altitude porters had set out on the rescue mission. Speaking to DW, Karar Haideri, the Vice-President of the Alpine Club of Pakistan, estimated that Dahlmeier's chances of survival were "50-50" but did emphasize that injured climbers have been known to survive for days with oxygen. But Dahlmeier's management confirmed to the German dpa and SID news agencies later on Wednesday that the athlete had indeed died. With two Olympic gold medals at the 2018 Winter Games in PyeongChang, South Korea, and a total of seven world championship titles, Dahlmeier was one of the most successful German biathletes of this century. She was named German Athlete of the Year in 2017 but surprisingly ended her career in May 2019 at the age of just 25 to become a mountain-climbing and ski instructor in her hometown of Garmisch-Partenkirchen in the Bavarian Alps. Dahlmeier had taken part in several challenging mountaineering expeditions, including up the 7,100-meter Korzhenevskaya Peak in Tajikistan in 2023, plus an ascent of the 6,800-meter Ama Dablam in Nepal in 2024 in a women's record time. She had been in northern Pakistan with friends since the end of June and had successfully climbed the 6,200-meter Great Trango Tower on July 8, her management confirmed, describing Dahlmeier as an "experienced and risk-aware climber."
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Business Standard
21 hours ago
- Business
- Business Standard
360 ONE Asset launches Multi Asset Allocation Fund: Who should invest?
360 One Multi Asset Allocation Fund: 360 One Asset has launched 360 One Multi Asset Allocation Fund, an open-ended scheme investing in a diversified portfolio of equities, debt, commodities, and assets like REITs and InvITs. The new fund offer (NFO) opened for subscription today, July 30, 2025 and will close on Wednesday, August 13, 2025. According to the scheme information document (SID), the investment objective of the scheme is to provide the investors with an opportunity to invest in an actively managed portfolio of multiple asset classes. However, there is no assurance that the investment objective of the scheme will be realised, and the scheme does not assure or guarantee any returns. Raghav Iyengar, chief executive officer at 360 ONE Asset, said that by diversifying across asset classes, we aim to mitigate risk and create sustainable value for our clients in an ever-changing global environment. "With this fund, we are not only expanding our robust portfolio of investment products but also empowering investors to navigate market complexities with confidence. This is another step in our journey to redefine the investment landscape in India," he added. The performance of the fund is benchmarked against a composite index of BSE 500 TRI (25 per cent), NIFTY Composite Debt Index (45 per cent), and domestic gold and silver prices (30 per cent). The equity portion of the fund will be managed by Mayur Patel, debt by Milan Mody, and the commodities portion by Rahul Khetawat. According to SID, no exit load will be charged if up to 10 per cent of the units are redeemed or switched out within 12 months from the date of allotment. However, no exit load will be charged on redemption of more than 10 per cent of the units. In addition, no exit load will be levied if units are redeemed or switched out after 12 months from the date of allotment. During the NFO, investors can invest a minimum of ₹1,000 and in multiples of ₹1 thereafter. For SIP investments, the minimum application amount is ₹1000 and in multiples of ₹1 thereafter. 360 ONE Multi Asset Allocation Fund: Who should invest? According to the SID, the product is suitable for investors seeking to create long-term wealth and investment in multiple asset classes. However, investors should consult their financial advisors if in doubt about whether the product is suitable for them. As per the riskometer, the principal invested in the scheme will be at high risk.
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Business Standard
2 days ago
- Business
- Business Standard
Bajaj Finserv AMC launches Equity Savings Fund; check key details here
Bajaj Finserv Equity Savings Fund: Bajaj Finserv AMC has launched the Bajaj Finserv Equity Savings Fund, an open-ended scheme that invests across equity, arbitrage, and debt instruments. The new fund offer (NFO) opened on Monday, July 28, 2025 and will close on August 11, 2025. According to the scheme information document (SID), the objective of the scheme is to generate capital appreciation and income by investing in equity and equity-related instruments, arbitrage opportunities and fixed income instruments, including debt, government securities and money market instruments. However, there is no assurance that the investment objective of the scheme will be achieved. Ganesh Mohan, managing director of Bajaj Finserv AMC, said that by combining growth-oriented equities, stable debt and low-risk arbitrage, it aims to deliver consistent returns with reduced volatility. 'In an environment where inflation impacts fixed income and equity markets remain unpredictable, this diversified strategy helps manage risk while capturing upside potential,' he added. The performance of the scheme will be benchmarked against the performance of the Nifty Equity Savings TRI. The scheme will maintain an overall equity allocation of at least 65 per cent, including arbitrage, allowing it to qualify for equity-oriented taxation. The equity portion of the fund will be managed by Sorbh Gupta, arbitrage by Ilesh Savla, and the debt portion by Siddharth Chaudhary. During the NFO, investors can invest a minimum of ₹500 and in multiples of ₹1 thereafter. The fund has no lock-in period and accepts systematic investment and withdrawal plans. According to the SID, if units are redeemed or switched out within seven days from the date of allotment, a 0.25 per cent of the Net Asset Value (NAV) will be charged as an exit load. However, no exit load will be charged if units are redeemed or switched out after seven days from the date of allotment. As per the risk-o-meter, the funds invested in the scheme will be at very high risk. Bajaj Finserv Equity Savings Fund: Should you invest? According to the SID, the product is suitable for investors seeking wealth creation over the long term and capital appreciation by investing in equity and equity-related instruments and regular income through investments in fixed income securities, arbitrage and other derivative strategies. However, investors should consult their financial advisers if in doubt about whether the product is suitable for them.
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Business Standard
3 days ago
- Business
- Business Standard
NFO Alert! Zerodha MF launches Multi Asset Passive FoF: Should you invest?
Zerodha Multi Asset Passive FoF: Zerodha Fund House has launched Zerodha Multi Asset Passive FoF, an open-ended fund of fund scheme investing in units of equity, debt index funds/ETFs and commodity ETFs. The new fund offer (NFO) of the scheme is currently open for subscription and will close on August 8, 2025. According to the scheme information document (SID), the investment objective of the scheme is to provide diversified exposure across multiple asset classes-equity, debt, and commodities, through a passive investment approach. By blending asset classes with low correlation, this scheme seeks to offer better risk-adjusted returns while reducing overall portfolio volatility. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme will be benchmarked against 60 per cent Nifty 200 TRI, 15 per cent CRISIL 10-year Gilt Index, and 25 per cent Domestic prices of Physical Gold. Kedarnath Mirajkar will be the designated fund manager for the scheme. During the NFO, investors can invest a minimum of ₹100 and in multiples of ₹100 thereafter. On a continuous basis, investors can invest under the Scheme during the ongoing offer period with a minimum investment of ₹100 and in multiples of any amount thereafter. Zerodha Multi Asset Passive FoF: Who should invest? According to the SID, the product is suitable for investors seeking long-term wealth creation and diversified exposure by investing across multiple asset classes such as equity, debt index funds/ETS, and commodity ETFs. 'The Zerodha Multi Asset Passive FOF is a good starting point for those investors seeking to diversify through a simple, ready-made portfolio in a single investment', said Vishal Jain, chief executive officer at Zerodha Fund House. According to Vaibhav Jalan, chief business officer at Zerodha Fund House, this new fund takes the guesswork out of investing, offering diversification and easy access to multiple asset classes. "It is designed to be a no-brainer solution for anyone looking for a simple way to achieve their asset allocation goals,' he said. The principal invested in the scheme will be at Very High Risk, as per the risk-o-meter. However, investors should consult their financial advisors if in doubt whether the product is suitable for them.
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Business Standard
23-07-2025
- Business
- Business Standard
Motilal Oswal MF launches Special Opportunities Fund; check key details
Motilal Oswal Special Opportunities Fund: Motilal Oswal Mutual Fund is set to launch the Motilal Oswal Special Oppotunities Fund, an open-ended equity scheme following special situation's theme. The new fund offer (NFO) will open on Friday, July 25, 2025 and close on Friday, August 8, 2025. According to the scheme information document, the scheme aims to generate long-term capital by investing in opportunities presented by special situations such as corporate restructuring, merger & acquistions, government policy, and/or regulatory changes, disruption, upcoming and new trends, new & emerging sectors, companies or sectors going through temporary unique challengess and other similar instances. However, there is no assurance that the investment objective of the scheme will be achieved. The scheme will track the Nifty 500 Total Return Index (TRI). "The fund aims to capitalise on special opportunities in the market by following MOMF's QGLP framework - investing in Quality businesses with high Growth potential, Longevity, and at a reasonable Price. It will adopt a focused, high-conviction, active portfolio management approach," Motilal Oswal MF said. Ajay Khandelwal, fund manager at Motilal Oswal AMC said that, manufacturing, services, FDIs, and exports are expected to grow significantly, supported by structural reforms like PLI, RERA, and Atmanirbhar Bharat. "We believe that corporate actions and macro shifts may continue to create special opportunities capable of disrupting markets. The fund will follow a blend of bottom-up stock picking and top-down analysis to identify companies navigating such transformative phases. This may span sectors like chemicals, EMS, infrastructure, defence, hospitality, healthcare, and IPO-bound firms," he added. Ajay Khandelwal, Atul Mehra, Bhalchandra Shinde, Rakesh Shetty and Sunil Sawant will be the designated fund managers for the scheme. During the NFO, investors can invest a minimum of ₹500 and in multiples of ₹1 thereafter. Through a weekly or monthly Systematic Investment Plan (SIP), the minimum investment amount required is ₹500 and can be increased in multiples of ₹1 thereafter. According to the SID, if units are redeemed or switched out within 3 months from the date of allotment, a 1 per cent of the Net Asset Value (NAV) will be charged as an exit load. However, no exit load will be charged if units are redeemed or switched out after 3 months from the date of allotment. As per the risk-o-meter, the funds invested in the scheme will be at very high-risk. Motilal Oswal Special Opportunities Fund: Should you invest? According to the SID, the fund is suitable for investors seeking long-term capital appreciation by investing predominantly in equities and equity relate instruments of special situations theme. However, investors should consult their financial advisors if in doubt about whether the product is suitable for them.
