Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November
Equity schemes continue to witness net inflows, driven by SIPs
The market regulator had issued the notification on the inclusion of MF units under PIT in November 2022, but it is being made effective now after consultation with industry bodies and members
Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30
ONDC was conceived to boost e-commerce in India and is now diversifying its services to include financial products
Scheme will follow passive strategy to leverage the top 30 momentum stocks from the Nifty 200 Total Return Index
Diversifying portfolio is essential for economic stability, according to experts
It is crucial to regularly monitor your portfolio, as frequently as possible, to stay on top of its performance
Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19
HSBC India Export Opportunities Fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies
Fintech platform MarketsMojo on Wednesday announced the launch of its mutual fund investment and distribution services platform MOJOMF. The platform will be a complete advisory solution on mutual funds with guidance on how to generate alpha on investments. The move is aimed at attracting more investors, especially the youth, by making investment processes and advisory simple, accessible and free of charge. "Investors will benefit from our selection of funds, curated by our advanced algorithm, which is customised to fit one's risk tolerance and investment goals. "The ultimate goal is to deliver a balanced and precision-driven investment strategy, tailored to meet one's specific financial goals," Amit Golia, Group CEO at MarketsMojo, said. MarketsMojo also plans to provide a complete wealth management solution in the coming months, starting with the launch of mutual funds (MF), and eventually becoming an asset advisor across the family portfolio. This includes risk profiling and th
Capitalmind joins the likes of Angel One and Unifi Capital in the queue for a final MF licence
Investor tide swells by 1.2 million, reaching 48.1 million
The fund aims to invest dynamically across sectors and companies by utilising emerging market trends and growth themes to optimise returns
Radhakrishnan notes that global central banks' potential policy easing could further bolster demand
In its annual report, regulator says difficult to recover dues stand at Rs 76,000 crore
Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs
Investment schemes will help investors 'capitalise on future of electric mobility and related technologies', says company
The current government, right from 2014, has shown an inclination to maintain fiscal discipline, he says