Economic Times
The largest fund house completely exited IREDA, Shipping Corporation of India Land & Assets, and Swaraj Engines.
In 2024 so far, equity mutual funds have delivered returns of up to 62%. During this period, approximately 583 equity and equity-oriented schemes were
HDFC Defence Fund, the only active mutual fund focused on the defense sector, has doubled investors' money in just nine months, delivering a return of
Franklin Templeton Mutual Fund shocks investors with a massive increase in maximum application amount for SIP and STP in Franklin India Smaller Compan
The mutual fund industry presents its wishlist for Union Budget 2024-25, including proposals for tax parity, infrastructure investment, and capital ga
Aggressive hybrid funds are one of the popular hybrid mutual fund categories. These schemes are mandated to invest in a mix of equity (or stocks) and
The assets under management and NAV of the fund house are at lifetime highs and it has been able to generate alpha for over 80 lakh investors, Sandeep
SBI MF, Kotak MF, Axis MF, Quant MF and Aditya Birla Sun Life MF were among the fund houses which shopped for HDFC Bank shares worth Rs 6,800 crore. A
Around 57% equity mutual funds have outperformed their respective benchmarks in June. As many as 159 out of 281 open-ended equity diversified funds ou
In June, mutual funds invested Rs 282 billion in Indian markets, buying largecaps like Reliance Industries and HDFC Bank. Midcaps included Mphasis, In
In the debt mutual fund category, long-duration funds gave maximum returns over an investment horizon of 1 month, 3 months, 6 months and 1 year. Credi
An analysis revealed that certain ELSS funds multiplied a Rs 1.5 lakh lumpsum investment to Rs 1 crore over 25 years. Investors can explore the detail
If value investing still appeals to you, here is our list of recommended value funds to invest in July 2024. There is no change in our recommended sch
In June 2024, 4 million equity mutual fund folios were added, raising the total to 133 million, according to AMFI. Sectoral funds, contributing 37.84%
In June, mutual fund managers invested in BFSI, auto, and IT sectors, including companies like HDFC Bank, Shriram Finance, and Maruti Suzuki. They als
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Equity funds that beat their benchmark indices and category average returns regularly tend to score well on risk-adjusted metrics and hold durable sto
From a prestigious academic background to managing millions, this financial whiz has conquered it all! Dive into the thrilling world of high-stakes in
Quant Mutual Fund appointed Shashi Kataria as CFO effective July 1, succeeding Harshal Patel who resigned in February, with his last day in May. Katar
Around seven mutual funds received inflows of more than Rs 10,000 crore in June, according to the data from ACE MF.
