Economic Times
Around 69% and 100% of value and contra mutual funds respectively outperformed benchmarks in the last three years, driven by market recovery and strat
Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per
The share of mid-cap and small-cap companies in India's total market value reached a record high in May. Fund managers caution that the sharp rise in
The fund house increased holdings in 762 stocks and slashed stakes in 21 stocks last month.
Groww Mutual Fund has filed draft documents with Sebi for Nifty EV & New Age Automotive ETF. Groww Nifty EV & New Age Automotive ETF will be an open-e
Gold ETF schemes added 136,772 folios in May, a 12.5% year-on-year increase. Investors are increasingly choosing Gold ETF mutual schemes for reasons l
Mirae Asset Mutual Fund launches India’s first ETF focusing on Electric Vehicles (EV) and New Age Automotive, offering long-term capital growth by i
Mid cap mutual funds offered an average return of 26.09% in the last three years. The mid cap funds are benchmarked against Nifty Midcap 150 - TRI and
There are no changes in the list this month. Follow our monthly updates to know how your schemes performed in the previous month.
The average SIP ticket size has increased by 2% on a month-on-month basis to Rs 2,387 in May from Rs 2,341 in April. On a yearly basis, the same incre
Hybrid mutual funds saw an increase of approximately 1.67 lakh folios from April, reaching 1.38 crore in May, up from 1.36 crore.
The AUM of children’s mutual funds surged by 142% in the last five years to reach Rs 20,081.35 crore in May. This growth is attributed to the discip
The fund house manages assets of Rs 2.94 lakh crore as on May 31, 2024. It manages 87 mutual fund schemes.
Mutual funds raised auto sector weight by 80 bps YoY in May. IT is the second most preferred sector behind financials, reaching a 68-month high. Priva
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
PSU theme based mutual funds like CPSE ETF and SBI PSU Fund offered impressive returns of around 99.76% in the last year, with CPSE ETF leading at 116
Equity savings schemes are funds that belong to the hybrid category. They invest in a mix of equity, debt and arbitrage opportunities. A scheme in thi
Hybrid mutual funds saw an increase in inflows in May at Rs 17,990 crore against Rs 19,862 crore in April.
Currently, it is an open-ended scheme that invests in equity, debt, exchange-traded commodity derivatives, and Gold ETFs. After the changes, it will e
The fund house had an allocation of 5.5% each in both these banks in May. It added 14.41 lakh shares of HDFC Bank, leading to an increase in weight by
