The HSBC Multi Asset Allocation Fund is a newly launched open-ended scheme aiming for long-term capital growth and income through investments in equities, debt, and gold/silver ETFs. Launched on February 8th, 2024, the offer closes on February 22nd. The minimum investment is Rs 5,000, and there’s an exit load of 1% for units redeemed/switched above …
Mutual Funds - Angel One


AMC AUM race: Who’s zooming ahead and who’s falling behind?
16 February 2024There is a widespread belief that the Asset Management Company (AMC) business in India is on the brink of a significant upswing. To provide a clearer perspective on this, we have conducted a comprehensive analysis based on the AUM data released for December 2023. Our analysis includes a comparative study on a year-on-year basis. While …

Demystifying Mutual Fund Returns: CAGR, XIRR, Exit Load And More…
19 February 2024Investing in mutual funds can be a powerful way to grow your wealth, but deciphering the various terms and figures thrown around can feel like navigating a financial labyrinth. This article demystifies key concepts like CAGR, XIRR, exit loads, expense ratios, and other essential elements to help you understand your mutual fund returns better. Understanding …

Bank of India Mutual Fund launches Multi Asset Allocation Fund
14 February 2024Bank of India Multi Asset Allocation Fund is a new open-ended fund launched on February 7th, 2024, aiming for long-term capital growth through a mix of equity, debt, and gold investments. It has a minimum investment of Rs 5,000 and offers indexation benefits for tax purposes. While there’s no exit load after one year, there’s …

Portfolio reshuffle by mutual funds in January 2024
15 February 2024Mutual Funds Flock to Banking and Auto Stocks Mutual funds displayed a strong preference for banking and auto stocks in January. HDFC Bank emerged as the top pick, attracting a staggering Rs 13,977.50 crore in net purchases. This surge in buying reflects investors’ confidence in the bank’s robust financial performance and growth prospects. Other banking …

ELSS funds outperformed their benchmark returns: Complete list of Top ELSS Mutual Funds
15 February 2024When considering tax-saving options in investment, one standout choice to keep in mind is ELSS funds. The dynamic feature of offering a tax-saving option sets ELSS funds apart from various categories available in the mutual fund space. In this article, we will delve into ELSS funds along with the funds that have outperformed their benchmark …

NFO alert: Quant Mutual Fund launches Quant PSU Fund; details inside
7 February 2024Quant Mutual Fund’s quant PSU Fund is an open-ended equity scheme focused on the thematic investment in Public Sector Undertakings (PSUs). Launched on February 2nd, 2024, it aims for long-term capital appreciation by primarily investing in equity and equity-related securities of PSUs. This new fund offers closes on February 15th, 2024, and requires a minimum …

NFO alert: SBI Mutual Fund launches SBI Energy Opportunities Fund; details inside
6 February 2024SBI Mutual Fund is launching a new open-ended equity scheme, SBI Energy Opportunities Fund, intending to provide long-term capital appreciation to investors. The fund will invest in companies across the entire energy spectrum, including traditional sectors like oil & gas and utilities, as well as new energy segments like solar and wind power. The New …

Top 10 lowest expense ratio equity mutual funds
2 February 2024In the investment world, every penny counts. When it comes to equity mutual funds, expense ratios, and the fees charged for managing your money, can significantly impact your long-term returns. But fear not, cost-conscious investor! Here we come up with a list of lowest expense ratio equity mutual funds, unveiling options that can help you …

Top 10 small-cap funds that dominated returns in the past year
1 February 2024If you’ve got a high-risk appetite and are on the lookout for investment adventures, small-cap mutual funds might just be your golden ticket to a thrilling ride on the financial rollercoaster. In the exciting world of investments, where last year’s Sensex and Nifty50 boasted double-digit returns, small-cap mutual funds stole the show with even more …

