With the financialization of India, the new measure should be the size of the Monthly SIP book, he said Radhika GuptaCEO of Edelweiss Investment FundAccording to Gupta, he would love to hear young people say, “Meri toh mahine ki 1L ki SIP Hello, and you? He posted on social media platform X: “With the financialisation … Read more
Mutual fund investors always look for companies with consistent performance before choosing an investment plan. ETMutualFunds conducted a data analysis and found that around 53 equity and equity-oriented companies mutual funds have never delivered negative returns since 2018. In simple words, it means that these funds have never delivered negative returns in the last six … Read more
Many mutual fund advisors believe that 2024 will be the year of hybrid funds. Due to uncertainties regarding the global economy and the ever-rising Indian stock market, advisors have been advising investors to exercise caution. In such a scenario, they believe that investing in hybrid funds mutual funds – Schemes that invest in equity and … Read more
Robeco de Canara Consumer Trends Fund, an open-ended equity fund thematic background Investing in companies that benefit from the growing consumer demand in India and follow a consumer and finance theme, it has completed 15 years of existence in the market. Over the past 15 years, the fund has delivered a compound annual growth rate … Read more
Mutual Funds They were sitting on Rs 1.86 lakh crore money accumulated in August, which was 5.20% of total AUM. cash holdings In July it was Rs 1.71 lakh crore. Total assets under management in August was recorded at Rs 35.82 lakh crore as of August 2024. Last month, around five fund houses had a … Read more
Mutual Funds Sector-based consumer funds offered an average return of around 13.73% in three months, the third highest among all equity investment categories. Around 15 consumer funds have completed three months of existence in the market. Kotak Consumption FundThe category leader, offered a return of 17.97% over the last three months. Tata India Consumer Fund … Read more
For some time now, many mutual fund advisors have been recommending balanced advantage funds to new and inexperienced investors. These advisors believe that these schemes are ideally positioned to cope with the current market conditions due to their dynamic portfolio. Advisors also recommend these schemes to investors for depositing their lump sums. Balanced advantage funds … Read more
Axis Balanced Advantage FundA dynamic, open-ended asset allocation fund, it has completed seven years in the market and has delivered a CAGR of 10.70% since inception. The scheme, which was launched in August 2017, has offered a compound annual growth rate (CAGR) of 13.51 per cent over the last five years. In the last three … Read more
SBI Mutual Fundthe largest fund manager in terms of assets under management, has announced the launch of SBI Nifty 500 Index Fundan open scheme that replicates/tracks the Nifty 500 index. The scheme’s new fund offer or NFO will open for subscription on September 17 and close on September 24. Read also | Silver mutual funds … Read more
Three new passive mutual fund offerings (NFOs) will open for subscription this week. Groww Nifty 1D Rate Liquid ETF and Motilal Oswal Nifty 500 Momentum 50 ETF are open for subscription. HDFC Nifty LargeMidcap 250 Index Fund will open for subscription later this week. Among these three, two are ETF (exchange-traded funds) and one is … Read more
