Economic Times
DSP Mutual Fund was the pioneer in launching an equal weight index fund in India, introducing it in 2017, followed by an ETF in 2021 after thorough re
1720705459 Commodities - 5 months ago
This feature enables investors to easily identify and invest excess funds from their savings accounts into Bajaj Finserv Liquid Fund and Bajaj Finserv
1720704468 Commodities - 5 months ago
The Association of Mutual Funds in India (AMFI) has released 16-point proposal for Union Budget FY 2024-25 requesting tax concessions in debt mutual f
1720698550 Commodities - 5 months ago
The scheme is benchmarked against Nifty India Defence Index TRI. The fund aims to capitalise on the opportunities in the space and has seen good inter
1720687824 Commodities - 5 months ago
AMFI reports Rs 726.16 crore June inflow in gold ETFs, following Rs 827.43 crore in May and a Rs 395.69 crore April outflow. H1 2024 inflows total Rs
1720681416 Commodities - 5 months ago
Equity mutual funds' AUM rose 23% to Rs 27.67 lakh crore by June 2024. Sectoral/thematic funds grew 41%, multi-cap 30%, and large & mid-cap 26%. Mid c
1720677650 Commodities - 5 months ago
Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can
1720672486 Commodities - 5 months ago
ELSS funds and focused funds saw outflows of Rs 445 crore and Rs 286 crore, respectively, in June.
1720616135 Commodities - 5 months ago
Sectoral and thematic mutual fund categories contributed more than 50% to the total inflows in equity oriented schemes. Out of total inflows of Rs 40,
1720609148 Commodities - 5 months ago
According to AMFI, industry assets reached a record high of Rs 61.16 lakh crore in June, primarily due to MTM gains and net inflows into equities.
1720598749 Commodities - 5 months ago
The Fund provides a relatively cost-effective and transparent way to invest in the Indian stock market, offering investors diversified exposure to pub
1720597927 Commodities - 5 months ago
SIP inflows reached Rs 213 billion, growing 53% since January. Contributions hit Rs 1.19 lakh crore, AUM at Rs 60.89 lakh crore in June. Record highs
1720596120 Commodities - 5 months ago
Small cap funds have shown impressive returns over the last five and ten years, with potential for high volatility. Investment experts recommend cauti
1720591369 Commodities - 5 months ago
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 - 5 months ago
Thematic funds focus on specific themes like manufacturing, real estate, and energy, carrying higher risks due to concentrated investments. Investors
1720578977 Commodities - 5 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 - 5 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 - 5 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 - 5 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 - 5 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 - 5 months ago