Best Aggressive Hybrid Mutual Funds to Invest in September 2024

You may have heard from your favorite mutual fund manager or experts that hybrid funds They are likely to show their worth next year. Hybrid mutual funds Mutual funds are more profitable in an uncertain or volatile environment, or schemes that invest primarily in equity and debt. Mutual fund experts believe that markets are likely … Read more

New thematic schemes keep net inflows into equity funds strong in August

The buy-sell ratio of equity funds hit an 18-month high of 2.1 in August, helped by new fund offerings (NFO) of sector fundsAccording to data from the Association of Mutual Funds in India (AMFI). This compares with the long-term average index of 1.6. A ratio greater than two indicates that buy entries are twice as … Read more

Kotak Mutual Fund warns investors against fake social media accounts

Kotak Mutual Fund has issued a public warning notice to alert all its investors and the public about a fake/deceptive/fraudulent group created in social networks Whatsapp platform. The fund manager said that there is a fake, misleading and fraudulent WhatsApp group under the name “Kotak Club – 213” which is posing as Kotak Mahindra Mutual … Read more

SBI Balanced Advantage Fund completes 3 years and delivers 14.11% returns since inception

SBI Balanced Advantage Fund has reached the milestone of completing three years. It is an open project Dynamic Asset Allocation Fund. The scheme is based on the NIFTY 50 Hybrid Composite Debt 50:50 index. The fund is managed by Dinesh Balachandran, Rajeev RadhakrishnanMansi Sajeja and Pradeep Kesavan. Read also | This hedge fund has returned … Read more

Sector funds show sustained traction among investors in NFO-backed funds in August

The buy-sell ratio of equity funds hit an 18-month high of 2.1 in August, helped by new fund offerings (NFOs) from sector funds, data from the Reuters showed. Association of Mutual Funds in India (AMFI). This compares with the long-term average ratio of 1.6. A ratio greater than two indicates that buying inflows are twice … Read more

Mutual funds’ assets under management hit an all-time high of Rs 66.7 trillion in August: AMFI

The mutual fund industry AUM has hit an all-time high of Rs 66.70 lakh crore, led by net inflows in open categories and market value (MTM) gains in the stock market. The industry’s assets under management rose 2.7% or Rs 1.74 lakh crore in absolute terms from Rs 64.97 lakh crore in July, according to … Read more

This large and midcap fund turns Rs 10,000 monthly SIP into Rs 9 lakh in 4 years

The Baroda BNP Paribas Large & Mid Cap Fund has been in existence for four years. The fund is an open-ended equity plan that invests in both large-cap and mid-cap stocks. The plan is compared with BSE 250 TRI Large Midcap and is directed by Sanjay Chawla and how to eat. This fund has delivered … Read more

The best value for money funds to invest in September 2024

The theme of value has dominated the Indian stock market for the last one year or so. mutual funds Funds that have followed the value investing strategy have delivered good returns over the past year. However, fund houses that had followed the growth strategy have suffered. If you blindly trust the principles of value investing, … Read more

Compliance Directorate conducts searches in Axis Mutual Fund pre-sale case

India’s law enforcement agency seized 1.29 million rupees ($15,360) during searches in Axis Mutual FundThe company’s offices in Mumbai and Kolkata are linked to an ongoing investigation into influence peddling, the agency said on Wednesday. He Execution Direction (ED) launched its investigation last year after the country’s market regulator identified Rs 305 crore in illicit … Read more

A quant mutual fund among top five AUM gainers in three years: Sandeep Tandon

Quantitative mutual fund has been able to capture market share, particularly in the small and mid-cap segments, by around 50-60% in the last few months, Sandeep TandonQuant Mutual Fund CEO told ET Now in an interview. According to Tandon, the fund manager has consistently maintained this performance over the past few months, demonstrating solid growth. … Read more