SBI Mutual Fund, one of the very well-known asset managers with assets worth ₹11 lakh crore, is set to launch its first-ever quant fund, SBI Quant Fund. The open-ended equity scheme will employ a quantitative investing approach and be available through a New Fund Offer (NFO) from December 4 to December 18, 2024. What is …
In November, about 86% of equity mutual funds outperformed their respective benchmarks, as per an analysis of their performance. Out of 277 funds reviewed, 237 managed to surpass their benchmarks, leaving 40 funds trailing behind. Top-Performing Fund Categories Contra Funds: All 3 contra funds outperformed their benchmarks, recording a 100% success rate. Small-Cap Funds: With …
Kotak Mahindra Mutual Fund has unveiled its latest offering, the Kotak Nifty 50 Equal Weight Index Fund, which brings a fresh perspective to index investing. This open-ended scheme is designed to replicate or track the Nifty 50 Equal Weight Index, providing investors with exposure to a diversified basket of India’s top 50 companies. Unlike the …
Kotak Mutual Fund is set to launch the Kotak Nifty 100 Equal Weight Index Fund, which aims to replicate and track the Nifty 100 Equal Weight Index. This fund will follow a passive investment strategy, allocating between 80-100% of its assets in equity and equity-related securities, in the same proportion as the Nifty 100 Equal …
Flexi-cap funds are a type of equity mutual fund that offers the flexibility to invest across companies of different market capitalisations, large-cap, mid-cap, and small-cap, without any predetermined allocation limits. This versatility allows fund managers to adapt to changing market conditions, capitalising on growth opportunities across segments while mitigating risks. In this article, check the …
Kotak Mutual Fund has submitted draft documents to SEBI for the launch of three new funds: Kotak Nifty 100 Equal Weight ETF, Kotak Nifty AAA Financial Services Bond Mar 2028 Index Fund, and Kotak MSCI India ETF. Kotak Nifty 100 Equal Weight ETF This open-ended scheme aims to replicate or track the Nifty 100 Equal …
Bank of India Mutual Fund has filed draft documents with the market regulator SEBI to launch the Bank of India Money Market Fund, which is an open-ended debt scheme investing in money market instruments. The scheme will be managed by Mithraem Bharucha, having more than 15 years of experience in the Fixed Income market domain. …
The banking and financial services sector has consistently been a cornerstone of economic growth, offering resilience and opportunities for wealth creation. For investors looking to capitalise on this dynamic sector, mutual funds focused on banks and financial services provide a diversified and professionally managed way to tap into its potential. In this article, check the …
A New Fund Offer (NFO) is the initial launch of a mutual fund scheme by an asset management company (AMC), allowing investors to buy units at a fixed price, during the offer period. Similar to an IPO for stocks, NFOs are introduced to raise capital for new schemes or to tap into emerging investment opportunities, …
The stock market often witnesses bouts of volatility triggered by domestic and global factors, including geopolitical tensions. During such turbulent times, mid and small-cap stocks can cause significant disruptions to investment portfolios. However, large-cap stocks often act as a safety net, offering stability and the potential to generate alpha returns. They are particularly attractive to …
