Economic Times
The fund house will issue a series of seven such target maturity funds, with tenures ranging from 15-33 months as it believes yields are still lucrati
Mutual funds actively adjust their holdings to maximize returns. In September, several midcap stocks were dropped from portfolios, according to Nuvam
Nippon India Mutual Fund had an AUM of Rs 5.64 lakh crore in September. Top 10 stock holdings include HDFC Bank (5.4%), NTPC (3.9%), ICICI Bank (3.7%)
TRUST Mutual Fund has launched the TRUSTMF Small Cap Fund. This new equity scheme focuses on small-cap stocks and aims for long-term capital appreciat
The fund house increased its holdings in 43 stocks which include REC, Cipla, Glenmark Pharmaceuticals, Indian Hotels, Titan, Wipro, Hindalco Industrie
International mutual funds have recently seen a spike in returns, with an average of 6.01% in one month, driven primarily by the Chinese economy's new
As per Sebi norms, these schemes must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility bette
The Indian market has several equity-oriented index funds. Some popular index funds are based on broad indices — Nifty 50, S&P BSE Sensex, Nifty
HDFC Bank is a highly sought-after stock among mutual fund managers, with 609 schemes holding a combined 154.47 crore shares worth Rs 2.67 lakh crore.
LIC Mutual Fund has reduced daily SIP amount to Rs 100 and introduced daily SIP plan in LIC MF Liquid Fund. Monthly minimum SIP investment limit reduc
WhiteOak Capital's new fund focuses on high-quality businesses with strong ESG principles. The fund targets companies with sustainable returns, scalab
Mirae Asset Mutual Fund has launched the Mirae Asset Gold ETF Fund of Fund, an open-ended scheme designed to provide long-term capital appreciation by
SBI Mutual Fund launches the SBI Nifty India Consumption Index Fund. The NFO opens on October 16 and closes on October 25. Minimum investment is Rs 5,
HDFC, Kotak, Axis, Quant, and ICICI Prudential Mutual Funds exited several small-cap stocks in September. HDFC exited IDFC and Sadbhav Engineering. Ko
The key additions by the mutual fund industry were GE T&D India (Rs 42 billion), Infosys (Rs 32 billion), and Reliance Industries (Rs 26 billion) whi
In September, eight mutual fund houses experienced significant inflows, with SBI Mutual Fund leading at Rs 19,947 crore. Other notable inflows include
The new income tax regime's elimination of Section 80C benefits has led to outflows exceeding Rs 2,000 crore from Equity Linked Savings Schemes (ELSS)
If value investing still appeals to you, here is our list of recommended value funds to invest in October 2024. There is no change in our recommended
The Nifty Metal Index gained 7% during the month as fund managers mopped up stocks of Nalco, NMDC, Moil. Fund managers said with the China government
Groww added over 4.7 million new SIPs in July-September, accounting for 50% of the total industry SIPs in that timeframe. Younger investors and women
