In August 2023, people invested a lot more money in equity mutual funds than they did in July this year. The amount of investment reached a high point for the past five months, totalling Rs 20,245.26 crore. In July, it was much lower at Rs 7,625.96 crore, representing a 165% jump from the previous month’s …
The Indian stock market is abuzz with excitement, and the bulls are on a winning streak. For the sixth consecutive day, the Nifty has shown remarkable gains, starting the day on a strong note. The index has surged past the significant milestone of 19,900 points, bringing it tantalizingly close to it’s all-time high of 19,991.85, …
Investing in mutual funds is undoubtedly a good choice for someone who is not active in the stock market and can’t track the market regularly. Sundaram Mid Cap Fund (Regular Plan – Growth) achieved a remarkable milestone with its Net Asset Value (NAV) crossing Rs 900 as of yesterday. Its journey commenced on July 19, …
Franklin Templeton India returned Rs 27,109 crore to investors of six debt schemes that were unexpectedly closed due to significant redemption pressure caused by a liquidity crisis in the debt market during the Covid pandemic breakout in April 2020. As of July 31, the payments made to investors account for 108% of the aggregate reported …
In India, there are several mutual fund houses and HDFC is one of them. It is one of the country’s most popular and trusted Asset Management Companies (AMC). HDFC Fund House has more than Rs. 4.4 trillion worth of Assets Under Management (AUM). It offers various mutual fund schemes of different categories like equity, debt, …
A ‘Mutual Fund’ is a trust that collects money from a pool of investors sharing a common investment objective and invests the same money in various instruments such as equities, bonds, and/or other securities. After conducting thorough due diligence activities and considering various crucial factors, Mutual Funds infuse capital into companies or withdraw capital from …
The State Bank of India (SBI) doesn’t need an introduction. It is one of the largest and oldest banks in India. Not just in banking but also in asset management, SBI holds a prominent name. SBI Mutual Fund house holds about Rs. 7,15,648 crore worth AUM (Assets Under Management). They have over 100 mutual fund …
According to the latest data from the Association of Mutual Funds in India (AMFI), small-cap mutual fund schemes recorded the highest inflows in June 2023. This surge in inflows comes as the BSE small-cap index approaches its 52-week high amidst a steady rise in equity markets. AMFI data reveals that net investments in small-cap equity …
What is a Mutual Fund? Mutual fund is an investment vehicle that pools money from various investors and invests in different securities like equity, debt, bonds and government securities. These funds are managed by highly qualified and experienced fund managers and they make investment decisions based on their expertise that help maximise the returns. Also …
Introduction In a move to promote greater transparency and empower investors, the Securities and Exchange Board of India (SEBI) recently released a consultation paper addressing the review of Total Expense Ratio (TER) charged by Asset Management Companies (AMCs) to unit holders of Mutual Funds. With the aim of fostering transparency and benefiting investors through economies …
