NFO Alert: Invesco Mutual Fund launches a technology fund

Invesco collective investment fund has announced the launch of Invesco India Technology Fundan open-ended capital scheme that invests in technology and technology-related sectors. The new fund offer or NFO of the scheme will open for subscription on September 3 and close on September 17. The scheme will again open for continuous sale and repurchase within … Read more

How equity mutual funds with AUM of at least Rs 50,000 crore performed in five years

Around 12 equity-oriented stocks and shares mutual funds had assets under management (AUM) of over Rs 50,000 crore as on July 30, 2024. ETMutualFunds analysed the performance of these schemes over the last five years. HDFC Balanced Advantage Fund, the largest equity-oriented mutual fund by assets under management, had an AUM of Rs 94,048 crore … Read more

NFO Tracker: New mutual funds offer up to 27% returns in 2024 so far

Thirty-six new mutual funds Funds launched so far in 2024 have yielded up to 27% since inception. The top of the list belong to sector and thematic categories. So far this year, four funds have delivered returns of over 25%. The Canara Robeco Manufacturing Fund, launched in March, has delivered the highest return since inception … Read more

Small-cap, infrastructure and public sector mutual funds enrich investors with a compound annual growth rate of 30% in five years

Mutual Funds Stocks focused on small caps, capex and public sector companies have generated the highest returns over the past five years, reflecting their strong performance on Dalal Street. Of the 21 equity categories, small caps, infrastructure and public sector companies have delivered the highest returns over the past five years, reflecting their strong performance … Read more

Top 10 Mutual Funds to Invest in August 2024

Many new and relatively inexperienced investors are always looking for the best. mutual funds For investing, they ask their friends or colleagues or on some mutual fund forums what are the best plans when they start their investment journey or when they decide to invest extra money. But most of them are not satisfied with … Read more

Nilesh Shah: There is a need to create a balance between technology and human contact in the mutual fund sector

It is necessary to create a balance catering to both tech-savvy investors and those who prefer physical interaction on the Mutual fund space, Managing Director of Kotak Mahindra Asset Management Company Nilesh Shah On Thursday, he also advised the industry to avoid creating a digital environment that could lead to exclusion or digital capture. He … Read more

Sundaram Mutual Fund launches Prosperity SIP in select schemes

Sundaram Mutual Fund has launched a SIP Prosperity facility for investments under the growth option of eligible schemes of the fund and has also allowed SIP Recharge facility on BSE and NSE platforms under fund house schemes. The fund manager informed its investors of this by means of a notice-addendum. The Prosperity SIP credit line … Read more

Quant Mutual Fund dominates the list of schemes with negative returns in a month

Around 16 actions mutual funds have offered negative returns in the last month. A deep analysis of the data showed that out of 16 funds that offered negative returns, eight were from Quantitative mutual fund. The top eight funds on the losers list were Quant Mutual Fund. Quant ELSS Tax Saver Fund lost 1.08% in … Read more

Quant Mutual Fund dominates the list of schemes with negative returns in a month

Around 16 actions mutual funds have offered negative returns in the last month. A deep analysis of the data showed that out of 16 funds that offered negative returns, eight were from Quantitative mutual fund. The top eight funds on the losers list were Quant Mutual Fund. Quant ELSS Tax Saver Fund lost 1.08% in … Read more

Pharmaceutical and healthcare mutual funds top the charts in August, delivering a 5% return

In August, mutual funds Funds focused on the pharmaceutical and healthcare sectors have outperformed, with an impressive average return of almost 4.75%. During this period, around 14 funds in this sector have been actively available on the market. The WOC Pharma and Healthcare fund, the best in the category, returned 7.28 per cent in the … Read more