Economic Times
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
Thematic funds focus on specific themes like manufacturing, real estate, and energy, carrying higher risks due to concentrated investments. Investors
HDFC Defence Fund will cease accepting new SIPs and systematic transfer plans from July 22 but continue existing SIPs. It limited investments to ₹10
Investors are heavily relying on past returns when investing in equity mutual funds, which can result in below-average returns. Analysts note a patter
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
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
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
The sectoral/thematic funds saw a surge of 16% in the inflows and stood at Rs 22,351. Debt mutual funds saw an out of Rs 1.07 lakh crore in June
Mirae Asset Mutual Fund has introduced the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund, an open-ended scheme that invests in units of the Mirae Ass
Edelweiss Mutual Fund has introduced the Edelweiss Business Cycle Fund, an open-ended equity scheme that adopts a business cycle-based investing appro
HDFC Mutual Fund will restrict SIPs and discontinue lumpsum investments in the HDFC Defence Fund from July 22. The fund raised Rs 1,000 crores in a de
Seven equity mutual funds yielded over 20% returns in five years based on daily rolling analysis. Of 187 funds with five-year track records, top perfo
Sebi has updated rules on investments by passively managed mutual fund schemes in sponsor group companies. The new norms restrict investments to 25% o
The new fund offer of the scheme is currently open for subscription and will close on July 22. The scheme will reopen for continuous sale and repurcha
Tata Mutual Fund has launched Tata Nifty India Tourism Index Fund, the nation's first tourism index fund comprising a collection of companies forming
ICICI Prudential has launched ICICI Prudential Nifty Oil & Gas ETF. NFO open till July 18. Aims to mirror Nifty Oil & Gas Index returns, managed by Ni
Baroda BNP Paribas Manufacturing Fund through its NFO has collected around Rs 1,370 crore from investors. The new fund offer or NFO was open for subsc
Quant Small Cap Fund adjusts its portfolio in June with notable changes in stakes for Adani Power, HDFC Bank, and other stocks. The fund also introduc
Quant Mutual Fund faced its first weekly net outflows of 2024 in June's final week, with Rs 2,800 crore exiting the fund. Allegations of front-running
A Nifty50 ETF or exchange-traded fund is a passively managed fund that invests in the constituents of the Nifty50 index to replicate its index constit
