Mutual Funds - Angel One

Investing in mutual funds offers a road to achieve financial objectives and accumulate wealth. However, it’s critical to make well-informed choices to enhance your long-term financial results. Here are ten typical mistakes that many investors should steer clear: Pursuing Historical Achievement: Mistake: Relying solely on historical performance for forecasting future achievements. Solution: The past performance …

What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …

Investing in multinational corporation (MNC) mutual funds can be an attractive option for those seeking exposure to globally diversified companies with strong financial performance. In this article, we delve into the performance, expenses, and other essential metrics of some of the leading MNC mutual funds in India, including Aditya Birla Sun Life MNC Fund, UTI …

Dividend mutual funds have become increasingly popular among investors seeking a balance between income and capital appreciation. These funds offer a unique opportunity to benefit from both regular dividend payments and the potential for long-term capital growth. What is a Dividend Mutual Fund? Dividend mutual funds are a type of equity fund that primarily invests …

SBI Mutual Fund has launched the SBI Innovative Opportunities Fund, an open-ended equity scheme aiming to provide long-term capital appreciation by investing in companies focused on innovation. This New Fund Offer (NFO) is open from July 29 to August 12, 2024. The scheme, categorised as equity-sectoral/Thematic, requires a minimum investment of Rs 5,000. Investment Objective …

Bajaj Finserv Mutual Fund has launched an Open-Ended Equity Scheme, Bajaj Finserv Large Cap Fund, aimed at generating long-term capital appreciation and income distribution. The fund primarily invests in large-cap company equities. The New Fund Offer (NFO) opened on July 29, 2024, and closes on August 12, 2024. There is no entry load, but an …

Mirae Asset Investment Managers (India) Pvt. Ltd. announced the withdrawal of the existing temporary suspension on subscriptions for the Mirae Asset Large and Midcap Fund, formerly known as the Mirae Asset Emerging Bluechip Fund. Starting from August 1, 2024, the fund will resume accepting subscriptions across all modes—Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), …

Over the past five years ending in June 2024, an analysis of the top 30 active equity funds by AUM reveals that 12 funds outperformed their respective benchmarks. Notably, the Quant Small Cap Fund, SBI Contra Fund, and Nippon India Small Cap Fund stood out, each generating over 5% alpha. The Quant Small Cap Fund, …

An analysis done shows that UTI Nifty 50 Index Fund is the largest index fund with an AUM close to Rs.18,300 crore. HDFC Index Fund Nifty 50 Plan and ICICI Prudential Nifty 50 Index Fund are the next two largest funds in the category with AUM of Rs 16,500 crore and Rs 9,800 crore, respectively. …

Background The case stems from a Show Cause Notice (SCN) issued on November 6, 2023, by the Securities and Exchange Board of India (SEBI) to HSBC Asset Management (India) Private Limited. This notice was related to the inspection of L&T Mutual Fund, which was managed by L&T Investment Management Limited until it was acquired by …