Page 8 - Mutual Fund

Axis Mutual Fund launches Axis Nifty 500 Index Fund: Check details

The fund will invest in India's largest 500 companies listed on the NSE

Should you take a loan against mutual funds? Check details before opting

Loan against mutual funds is a financial solution that allows you to create an overdraft facility against your mutual fund units

As big gets bigger, largecap cutoff surges past Rs 80,000 crore

The cutoff has gone up sharply since the Covid-19 pandemic. During July-December 2019, the largecap cutoff stood at Rs 27,454 crore

Are PSU mutual funds a good investment option?

PSU mutual funds can be a good investment option for investors looking to gain exposure to the public sector

Mutual fund scheme launches to pick up pace as markets stabilise

In the past fortnight, fund houses have approached Sebi for 20 NFO approvals

Sebi junks rule to freeze demat a/cs, eases MF folio norm for investors

Capital markets regulator Sebi on Monday eased rules for existing investors with abolishing the norm of freezing demat accounts and mutual fund folios in case of failure to provide a 'choice of nomination'. Additionally, investors holding securities in physical form would be eligible for receipt of any payment, including dividend, interest or redemption payment as well as to lodge grievances or avail any service request from the RTA (Registrars to an Issue and Share Transfer Agents) even if they did not submit 'choice of nomination'. Earlier, the regulator set June 30, 2024, as the deadline for all existing individual mutual fund holders to nominate or opt out of nomination. Failure to comply with the rule could have led to the freezing of their accounts for withdrawals. Based on representations received from the market participants, for ease of compliance and investor convenience, Sebi has decided that for existing investors or unitholders, non-submission of 'choice of nomination'

Unable to invest in MF due to inoperative PAN?: Here is a good news for you

Sebi earlier required that all mutual fund investors link their PAN with Aadhaar to complete KYC process

Check out new fund offers of companies; build up your investment portfolio

NFOs provide investors with the opportunity to invest in a fund from its inception, offering benefits such as low initial investment, unique investment themes, and potential for future growth

SBI automotive opportunities fund: Know details before investing

The thematic scheme will invest in stocks of companies engaged in automotive and allied businesses.

Jump in passive fund inflows in 2024 on new launches, EPFO boost

Passive funds attract Rs 37,200 crore inflows in 2024

Stock market volatility: It is a good time to rebalance equity portfolio

Equities offer the best potential for wealth building over the long term. Investors need to invest time and effort in acquiring skills to improve their stock selection, timing, money management skill

Mutual funds likely to get nod to invest in ETFs with India presence

India exposure in such global ETFs could be capped at 20%

Samco Asset Management eyes Rs 500 cr from special opportunities fund

Samco Asset Management expects to mop up Rs 500 crore from its new fund offer that tracks long-term capital growth through undervalued or overlooked opportunities, a top company official said on Thursday. The new fund offering (NFO) would open on May 17 and conclude on May 31. In an interaction with PTI, Umeshkumar Mehta, Chief Investment Officer of Samco Mutual Fund, said the objective of the fund is to achieve long-term capital appreciation by investing in a portfolio of securities "that are involved in 10 special situations". These "situations" include digitisation, spin-offs & corporate actions, reform-based strategy, undervalued holding companies strategy, trends sustainable over time, innovation & technological disruption, and new & emerging sectors. These 10 sub-strategies define the "disruption" model and are weaved around different corporate actions. These situations often create mispricing and undervalued opportunities that the fund aims to exploit for potential .

WhiteOak MF launches spl opportunities fund; Allied Blenders gets IPO nod

Allied Blenders and Distillers, the maker of Officer's Choice Whisky, has received Sebi's go-ahead to raise Rs 1,500 crore through an IPO, an update with the markets regulator showed on Tuesday

Debt fund investments surge to multi-year high as flows jump across schemes

With no Fed rate cut in sight, gilt schemes garner Rs 5,200 cr in April, most in at least 5 yrs

Credit card changes to mutual fund KYC: Key financial changes from May 1

From changes in bank charges to regulatory updates, here's what you need to know

Flexicap funds: All you need to know about the popular mutual fund category

Flexicap mutual funds offer the fund managers to invest across sectors and market capitalisations without any restrictions

Street signs: Liquid gold in market, unveiling market innovations, more

With markets hovering around their record-high levels, traders are facing the dilemma of whether to buy the dip or sell the rallies

Equity euphoria boosts mutual fund investor additions by 70% in FY24

Unique investor tally surges to 44.5 million as 6.8 million new investors come onboard

Betting big: Mutual funds own larger slice of small and midcap stocks

Average MF ownership in Nifty Smallcap 250 stocks rose to 9% in Dec 2023 from 7.7% a yr ago