Economic Times
Around 15 lakh new folios added in sectoral/thematic mutual funds in May, as per AMFI data. Total equity mutual fund folios increased by 33.94 lakh. S
Sebi has announced simplification of compliance for investors by lifting freeze on demat accounts and mutual fund folios due to non-submission of nomi
Equity mutual funds saw an 83% increase in inflows to Rs 34,697 crore in May from Rs 18,917 crore in April. Sectoral/thematic funds received the highe
Technology based mutual funds have offered an average return of 6.45% in 2024 so far. Quant Teck Fund led with 12.20% return, followed by Franklin Ind
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
We believe that elections are just another passing event in the long investing journey for an investor. There have been many coalition governments in
Mutual fund investors committed record funds to equities in May, looking beyond event risk posed by the election outcome. New fund offers (NFO) of sec
Local funds escalated equity wagers at an unprecedented pace in May 2024, with domestic funds investing a record ₹48,099 crore in equities. Foreign
HDFC Mutual Fund resumes subscription in HDFC Nifty Realty Index Fund, managed by Nirman Morakhia and Arun Agarwal, accepting lumpsum and systematic t
SBI Mutual Fund became the first in India to surpass Rs 10 lakh crore in Average Asset Under Management (AAUM) on June 3, 2024, with a 27% growth. Thi
In a circular, the markets regulator said, based on representations received from participants, for ease of compliance and investor convenience, non-s
Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Manufacturing Fund, an equity scheme managed by Jitendra Sriram, offering growth op
Aditya Birla Sun Life has launched Aditya Birla Sun Life Quant Fund, an open-ended equity scheme following Quant-based investment theme. The New Fund
May saw a record-breaking surge in MF SIP contributions, hitting Rs 20,904.37 crore, a 3% rise from April and a significant increase from a year ago.
Kotak Mutual Fund has launched Kotak Special Opportunities Fund, an open-ended equity scheme following the special situations theme.
In May, equity mutual funds experienced a notable 83% increase in inflows to Rs 34,697 crore from April's Rs 18,917 crore. Sectoral/thematic funds saw
Parag Parikh Flexi Cap Fund increases stake in ITC, HDFC, and Kotak while making exits from Bajaj Finance and HUL in May. The largest flexi cap fund m
Three mutual fund NFOs are open for subscription this week. These thematic funds offer opportunities for long-term capital appreciation through unique
15 largecap mutual funds turned a monthly SIP of Rs 40,000 into Rs 1 crore in 10 years, with impressive XIRR growth rates. Conservative investors may
Investors rushed to invest lump sums in equity mutual fund schemes on June 4 after the stock market fell post the electoral verdict. They expressed di
