As of June 2024, the fund's assets under management stood at Rs 3,247 crore, up from Rs 2,019 crore in June 2022
Despite this, growth is still projected to exceed decadal averages and will continue to be aided by demand from infrastructure and construction segments
In the past three years, the fund has maintained a predominant allocation to non-convertible debentures (NCDs) and bonds of financial institutions
Fort Knox of finance: Where returns meet ironclad safety
The fund's month-end assets under management increased to Rs 11,680 crore in March 2024 from Rs 6,800 crore in March 2021
In FY24, state spends are expected to go up further by 8-12 per cent as their percentage achievement of budgetary allocations are expected to be largely in line with historical average
The fund's assets under management at month-end increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021
The fund's month-end assets under management (AUM) increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021
Various factors contributed to the growth, such as increasing penetration of internet and 5G services, rising consumer income, shorter replacement cycles, easier payment terms
The fund aims to provide capital growth as well as regular income by predominantly investing in equities, with debt and money market securities making up a smaller pie
The fund aims for long-term capital appreciation by investing in quality midcap companies with sustainable competitive advantages and significant growth potential
Agrochemicals margins could normalise from the second quarter due to destocking of high-cost inventories
The fund has consistently outperformed its peers in all trailing periods under analysis
The fund targets long-term capital appreciation from a portfolio predominantly invested in equity and equity-related securities of large and midcap companies
The cotton prices are likely to remain stable as cotton consumption continues to be lower than production, supporting the cost competitiveness of the cotton textile value chain
The fund's month-end assets under management (AUM) increased from Rs 17,715 crore in January 2021 to Rs 30,980 crore in January 2024. Rahul Baijal has been managing this fund since July 2022
The fund aims to provide capital growth and current income through a portfolio invested predominantly in equities, with a balance in debt and money market securities
In the next financial year, the revenue is expected to grow 9-11 per cent as Lok Sabha elections in April-May are expected to boost demand
Revenue and margins to remain healthy next financial year, too
The fund aims to provide capital growth to investors through a diversified portfolio of equities, fixed-income securities, and money market instruments