Economic Times
At least five fund houses including Sundaram, Bank of India, HSBC, Mirae and Bandhan have launched multi-asset funds over the past month. A multi-asse
The new fund offer is currently open and closes on February 20. The fund will be benchmarked to the Nifty Energy TR Index and managed by Raj Gandhi an
In a five-year horizon, the SIP investments in the scheme offered an XIRR of 26.80% compared to 19.02% by its benchmark (S&P BSE Teck TRI). In the thr
The scheme is suitable for investors who are seeking low volatility in their portfolio and exposure to multiple asset classes with better returns. Als
Axis S&P BSE Sensex Index fund is an open-ended index fund tracking the S&P BSE Sensex TRI. The scheme provides diversification as the S&P BSE Sensex
Franklin India Prima Fund, the oldest scheme in the mid cap category, failed to beat its respective benchmark in the seven year horizon.
The gross buy-to-sale ratio of local funds rose to 1.12 in January compared with the long-term average of 1.07. The latest investment figures suggest
As per fund houses, a large number of mutual fund folios do not have nominations, though the exact number is unknown. Nomination was not compulsory ea
Franklin Asian Equity Fund, with assets of Rs 250 crore is an open-ended scheme, launched in 2008, that invests in undervalued companies in India and
The 57-year-old Jha holds a bachelor's degree in commerce from Ranchi University.
The scheme is benchmarked against Nifty Large Midcap 250 TRI. It will be managed by Nimesh Chandan and Sorbh Gupta for equity investments and Siddhart
The scheme will be managed by Cheenu Gupta (for equity investments), Dipan Parikh (for gold/silver ETFs), Mahesh Chhabria (for debt investments), and
On the fundraising target during the NFO period, D P Singh, the deputy managing director & joint chief executive, told PTI that more than the primary
Two new fund offering from Nippon India mutual Fund are open for subscription. Four new fund offer will open for subscription later this week. Should
Around six mutual fund schemes had over Rs 100 crore exposure in One97 Communications. Around 40 mutual fund schemes had less than Rs 10 crore exposur
INVESCO INDIA LARGE CAP: This fund mainly prefers growth stocks, with some exposure to value picks. Within large caps, it prefers businesses with stro
Multi-asset funds are actively promoted as a remedy against the hassle of predicting which asset classes will work well, and in what combination. Yet,
The minimum application amount for both the schemes will be Rs 1,000 and in multiples of Re 1 thereafter. The schemes will be managed by Nemish Sheth.
The scheme will invest 95-100% of its assets in stocks comprising the NIFTY50 Equal Weight Index, 0-5% in equity derivatives or up to 5% in Government
We considered regular and growth options for the analysis. We analysed the yearly performance of ELSS schemes for a period of five years from 2019 to
