With no Fed rate cut in sight, gilt schemes garner Rs 5,200 cr in April, most in at least 5 yrs
From changes in bank charges to regulatory updates, here's what you need to know
Flexicap mutual funds offer the fund managers to invest across sectors and market capitalisations without any restrictions
With markets hovering around their record-high levels, traders are facing the dilemma of whether to buy the dip or sell the rallies
Unique investor tally surges to 44.5 million as 6.8 million new investors come onboard
Average MF ownership in Nifty Smallcap 250 stocks rose to 9% in Dec 2023 from 7.7% a yr ago
The company plans to launch the MF vertical by June, said Vasanth Kamath, Founder and CEO of Smallcase
The equity-linked savings scheme (ELSS) were the best performers among all the categories as 70 per cent of the schemes managed to outperform the S&P BSE 200, the study shows
Zerodha Fund House, a joint venture between Zerodha and smallcase, witnessed substantial growth with its Assets Under Management (AUM) surging Rs 500 crore in just 40 days, taking the total tally to cross Rs 1,000-crore mark. The fund house touched the asset base of Rs 500 crore on February 15. The first Rs 500 crore in AUM was added in over three months and the increase from Rs 500 crore to Rs 1,000 crore took just 40 days. "Heartening to see investor trust continue to compound at @ZerodhaAMC (a smallcase-Zerodha JV) with assets doubling to Rs 1,000+ crore in just 40 days. It's a reflection of the growing appetite for index-based investment products & we are grateful for all the feedback & ideas," Vasanth Kamath, Founder and CEO, smallcase announced on X(formerly Twitter). "Also, very proud of the amazing team at ZFH that's innovating with industry-first products while charting our own unique path by building differently with a direct-only, passive-only approach," he ...
However, the stake sale is subject to regulatory approvals from the Reserve Bank of India and Department of Financial Services, Ministry of Finance, Govt. of India
The top 10 investors in the smallcap and midcap schemes have an aggregate holding of 1.54 per cent and 0.91 per cent, respectively
Singh mentions that the only headwind for the market could emerge on the rural demand front
Fund houses asked to consider placing caps on investment, prevent first mover advantage
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
PPFAS, Quantum, Mahindra Manulife among those to launch new products
With new CEO at helm, fund house to focus on performance, distribution reach
Proposes to give greater control to investors in terms of changes, additional inputs
Fund managers' preference for sovereign bonds in the recent past has also impacted MFs' corporate bond investments
Vora says investors should look at longer duration to benefit from the decline in interest rates
Elevated MF returns, preference for SIPs led to net additions of 15 mn accounts