Economic Times
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
SBI Mutual Fund, managing Rs 11.34 lakh crore, has HDFC Bank and Reliance Industries as its top 10 stock picks. HDFC Bank's weight increased by 0.3% i
Unique stocks refer to those held by only one fund house. There were 188 unique stocks in September, out of which we filtered out those with a market
Baroda BNP Paribas Mutual Fund has introduced the Baroda BNP Paribas Nifty Midcap 150 Index Fund, an open-ended scheme designed to replicate the Nifty
Mutual funds held Rs 1.86 lakh crore in cash, which was 5.02% of their total AUM in September 2024. ICICI Prudential had the highest cash holdings at
Two ELSS mutual funds, HDFC ELSS Tax Saver and Franklin India ELSS Tax Saver Fund, have turned a Rs 1 lakh investment into over Rs 1 crore in 25 years
There are 11 NPS fund managers. Out of 11, 10 NPS fund managers have completed one year of existence and offered upto 40% return in the last one year,
According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions
Sundaram Multi Cap Fund: The fund emphasises on growth at reasonable price (GARP) framework, with a preference for focused businesses with long growth
If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 20th part
