Economic Times
The NFO of the scheme is open for subscription and will close on February 12. The scheme will re-open for continuous sale and repurchase on February 1
Groww Nifty Smallcap 250 Index Fund will be benchmarked against Nifty Smallcap 250 Index-TRI. The new fund offer will open for subscription on Februar
The MPC decided to remain focused on the 'withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting gr
These 60 schemes were from midcap, ELSS, large & mid cap, largecap, flexicap, focused fund, value fund, and small cap categories.
The sectoral/thematic funds again managed to gain investors’ interest as the category saw the highest inflows to the tune of Rs 4,804.69 crore in Ja
These categories offered around 22.70-27.02% in five years. Four sectoral/thematic categories, smallcap and midcap categories have offered more than 2
These funds are expected to match the performance of their respective benchmarks barring any tracking error.
At least five fund houses including Sundaram, Bank of India, HSBC, Mirae and Bandhan have launched multi-asset funds over the past month. A multi-asse
The new fund offer is currently open and closes on February 20. The fund will be benchmarked to the Nifty Energy TR Index and managed by Raj Gandhi an
In a five-year horizon, the SIP investments in the scheme offered an XIRR of 26.80% compared to 19.02% by its benchmark (S&P BSE Teck TRI). In the thr
The scheme is suitable for investors who are seeking low volatility in their portfolio and exposure to multiple asset classes with better returns. Als
Axis S&P BSE Sensex Index fund is an open-ended index fund tracking the S&P BSE Sensex TRI. The scheme provides diversification as the S&P BSE Sensex
Franklin India Prima Fund, the oldest scheme in the mid cap category, failed to beat its respective benchmark in the seven year horizon.
The gross buy-to-sale ratio of local funds rose to 1.12 in January compared with the long-term average of 1.07. The latest investment figures suggest
As per fund houses, a large number of mutual fund folios do not have nominations, though the exact number is unknown. Nomination was not compulsory ea
Franklin Asian Equity Fund, with assets of Rs 250 crore is an open-ended scheme, launched in 2008, that invests in undervalued companies in India and
The 57-year-old Jha holds a bachelor's degree in commerce from Ranchi University.
The scheme is benchmarked against Nifty Large Midcap 250 TRI. It will be managed by Nimesh Chandan and Sorbh Gupta for equity investments and Siddhart
The scheme will be managed by Cheenu Gupta (for equity investments), Dipan Parikh (for gold/silver ETFs), Mahesh Chhabria (for debt investments), and
On the fundraising target during the NFO period, D P Singh, the deputy managing director & joint chief executive, told PTI that more than the primary
