Axis Mutual Fund has announced the launch of Axis Consumption Fundan open action plan that follows the theme of consumption. The new fund offer or NFO of the scheme will open for subscription on August 23 and close on September 6. The scheme will reopen for continuous sale and repurchase within five business days from … Read more
WhiteOak Capital Mutual Fund has announced the launch of the WhiteOak Capital Arbitrage Fundan open scheme focused on arbitrage opportunities. The new fund offering (NFO) will open for subscription on 28 August and close on 3 September. The fund aims to generate returns primarily by investing in arbitrage opportunities within the cash and derivatives segments … Read more
PGIM India Mutual Fund has launched the PGIM India Multi-Cap Fundan open project equity plan Invest in large, mid and small cap stocks. The new fund offer (NFO) is open for subscription and will close on September 5. “Given the short-term volatility in the equity markets, a typical question we are faced with is “What … Read more
Best Fund Ideas: An increasing number of investors are turning to companies focused mutual fundswhich bundle assets into a small number of high-potential stocks. The asset base for this category rose to Rs 1.43 lakh crore in the three months ended June 2024. This marked a 31 per cent increase over the previous year, according … Read more
Around 32 equity mutual funds I had a portfolio turnover ratio of less than 10% in July. A deep analysis of the data showed that these 32 stocks mutual funds were of a sectoral/thematic nature (including international funds), flexible cap, multi-cap, large- and mid-cap, and focused fund categories. Most of them belonged to the sector/thematic … Read more
Are you looking for relatively safe debt funds to invest in for a few years? You can consider investing in debt funds of banks and public sector undertakings as these schemes are mandated to invest at least 80% of their capital in debt investments of banks, public sector undertakings and public financial institutions. Mutual fund … Read more
Discretion is the better part of valor: that’s the standard warning financial advisers offer savers these days, with record highs minimizing options for lump sum commitments. But for those who have a tidy package to invest and strive for investment options that offer valuation comfort, the DSP Nifty Top 10 Equal Weighted Index Fund It … Read more
India’s asset management industry has witnessed a remarkable growth of over 7x in the last 10 years, with its assets under management (AUM) rising to Rs 61.2 lakh crore by June 2024, from Rs 8.3 lakh crore in December 2013, according to Motilal Oswal Asset Management Company’s ‘Where the money flow’ study. The study reveals … Read more
Nippon India Mutual Fund has launched Nippon India Nifty 500 Equal Weighted Index Fundan open scheme that replicates/tracks the Nifty 500 Equal Weight Index. The scheme’s new fund offer or NFO is open for subscription and will close on September 4. The investment objective of the scheme is to provide investment returns proportional to the … Read more
Edelweiss Investment Fund Executive Director Radhika Gupta has announced a book about Invest that presents complex ideas and concepts in a simple, lucid style. He posted on social media platform X mentioning that his new book ‘Mango Millionaire‘, in collaboration with niranjan avasthi from the Edelweiss Mutual Fund, coming soon. She posted: “Here it is! … Read more
