Economic Times
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maxim
1720586756 Commodities - 4 months ago
Thematic funds focus on specific themes like manufacturing, real estate, and energy, carrying higher risks due to concentrated investments. Investors
1720578977 Commodities - 4 months ago
HDFC Defence Fund will cease accepting new SIPs and systematic transfer plans from July 22 but continue existing SIPs. It limited investments to ₹10
1720577887 Commodities - 4 months ago
Investors are heavily relying on past returns when investing in equity mutual funds, which can result in below-average returns. Analysts note a patter
1720577679 Commodities - 4 months ago
The Indian mutual fund industry witnessed a surge in equity fund inflows in June, reaching a record ₹40,608 crore. SIP investments continued to grow
1720576473 Commodities - 4 months ago
In June, mutual fund (MF) SIP contributions exceeded Rs 20,000 crore, totaling Rs 21,260 crore, up from Rs 20,904 crore in May. Total SIP contribution
1720515746 Commodities - 4 months ago
LIC Mutual Fund named Nikhil Rungta as co-chief investment officer – equity (Co-CIO) from June 19, 2024, and notified unitholders via a notice-cum-a
1720514524 Commodities - 4 months ago
The sectoral/thematic funds saw a surge of 16% in the inflows and stood at Rs 22,351. Debt mutual funds saw an out of Rs 1.07 lakh crore in June
1720512837 Commodities - 4 months ago
Mirae Asset Mutual Fund has introduced the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund, an open-ended scheme that invests in units of the Mirae Ass
1720512133 Commodities - 4 months ago
Edelweiss Mutual Fund has introduced the Edelweiss Business Cycle Fund, an open-ended equity scheme that adopts a business cycle-based investing appro
1720507746 Commodities - 4 months ago
HDFC Mutual Fund will restrict SIPs and discontinue lumpsum investments in the HDFC Defence Fund from July 22. The fund raised Rs 1,000 crores in a de
1720505628 Commodities - 4 months ago
Seven equity mutual funds yielded over 20% returns in five years based on daily rolling analysis. Of 187 funds with five-year track records, top perfo
1720504485 Commodities - 4 months ago
Sebi has updated rules on investments by passively managed mutual fund schemes in sponsor group companies. The new norms restrict investments to 25% o
1720490205 Commodities - 4 months ago
The new fund offer of the scheme is currently open for subscription and will close on July 22. The scheme will reopen for continuous sale and repurcha
1720445469 Commodities - 4 months ago
Tata Mutual Fund has launched Tata Nifty India Tourism Index Fund, the nation's first tourism index fund comprising a collection of companies forming
1720437635 Commodities - 4 months ago
ICICI Prudential has launched ICICI Prudential Nifty Oil & Gas ETF. NFO open till July 18. Aims to mirror Nifty Oil & Gas Index returns, managed by Ni
1720435756 Commodities - 4 months ago
Baroda BNP Paribas Manufacturing Fund through its NFO has collected around Rs 1,370 crore from investors. The new fund offer or NFO was open for subsc
1720435572 Commodities - 4 months ago
Quant Small Cap Fund adjusts its portfolio in June with notable changes in stakes for Adani Power, HDFC Bank, and other stocks. The fund also introduc
1720426944 Commodities - 4 months ago
Quant Mutual Fund faced its first weekly net outflows of 2024 in June's final week, with Rs 2,800 crore exiting the fund. Allegations of front-running
1720423496 Commodities - 4 months ago
A Nifty50 ETF or exchange-traded fund is a passively managed fund that invests in the constituents of the Nifty50 index to replicate its index constit
1720421048 Commodities - 4 months ago