Economic Times
Private banks had the highest weightage of around 17.2%. It was the top sectoral holding for mutual funds in April 2024.
Investing in gold through ETFs offers convenience and transparency. Gold, a symbol of wealth and power, has evolved as an investment option over time.
Around 42 mutual funds were sitting on Rs 1.36 lakh crore cash in April, according to data by ACE MF.
April saw higher month-on-month inflows for midcap mutual funds. Inflows were lower compared to February and January. SBI PSU Fund added IEX in April.
JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund
There are no changes in the list this month. Follow our monthly updates to know how your schemes performed in the previous month.
Some wealth managers said high-pitch advertising and marketing by fund houses and distributors along with strong returns from equity schemes have led
SBI Mutual Fund has introduced the SBI Automotive Opportunities Fund, an open-ended equity scheme centered around automotive and allied business activ
Earlier, WhiteOak Capital Mutual Fund launched its Special Opportunities Fund. The scheme will be open for subscription till May 29. The fund focuses
The fund house had assets under management of Rs 77,358 crore as on April 2024. The fund house manages 27 mutual fund schemes.
Parag Parikh Flexicap Fund added 3.90 lakh shares of ITC to its portfolio in April. The shares increased from 7.31 lakh crore in March to 7.35 lakh cr
SBI raises fixed deposit rates by up to 75 basis points, effective May 15, yet falls short compared to over 300 debt mutual funds offering higher annu
Franklin Templeton plans to launch Franklin India Multicap Fund, an open-ended scheme investing in largecap, midcap, and smallcap stocks. It aims for
There is no change in the list this month as all schemes have retained their place in the list. Watch out for our monthly updates to ensure your schem
The Securities and Exchange Board of India (Sebi), in a circular on May 14, removed the requirement for investors to link the permanent account number
A study by Whiteoak Capital Mutual Fund for the last 19 years shows that an investor who started an SIP in a mid-cap or small-cap index fund in April
The fund is designed to capitalise on identifying the market opportunities, aiming for long-term capital growth through undervalued or overlooked oppo
In October, Sebi asked all investors to redo their KYC process after submitting the required documents. The official valid documents were Aadhar, pass
SBI Mutual Fund proposes an innovative opportunities fund, aiming for long-term capital growth through investments in innovative companies. Managed by
88% of large cap mutual funds struggled to beat benchmarks in the last seven years, highlighting challenges post Sebi's introduction of total return i
