The Bank of India Mutual Fund has launched its latest thematic offering, the Bank of India Consumption Fund. As an open-ended equity scheme, this fund targets investments in companies driving consumption and its allied sectors. By focusing on this rich sector, the fund aims to tap into India’s evolving consumer landscape, which seems ready for …
Baroda BNP Paribas Mutual Fund has declared income distribution under two of its hybrid schemes: Baroda BNP Paribas Balanced Advantage Fund and Baroda BNP Paribas Conservative Hybrid Fund. Investors can expect this payout in the form of Income Distribution cum Capital Withdrawal (IDCW). Here’s a look at the announcement and what it entails. Highlights of …
Adani Group stocks tumbled on November 26, 2024, after Fitch Ratings put some group bonds on negative watch. This follows accusations by US authorities of a $265 million bribery scheme to secure renewable energy contracts, implicating Gautam Adani, Sagar Adani, and associates. Ripple Effects of the Bribery Allegations The fallout of these accusations is evident …
Following the positive sentiment from Maharashtra’s state election results, the Nifty50 index hit a high of 24,351.55 on Monday. However, the optimism proved short-lived as Tuesday’s session opened with the index forming an open=high candle, indicating resistance at the upper levels. The day’s opening price equalled the high, and subsequently, the index shed over 160 …
The DSP Business Cycle Fund offers an attractive chance for individuals wishing to align their investments with broader economic trends. Nonetheless, prospective investors ought to evaluate their risk appetite and seek guidance from financial advisors prior to making any commitments. This equity thematic fund aims to achieve long-term capital growth by actively adjusting its investments …
This fund seeks to take advantage of the growth prospects within India’s manufacturing sector, which is anticipated to thrive due to multiple government initiatives like “Make in India” and a rise in domestic demand. The fund will focus its investments on companies operating in different manufacturing sub-sectors, such as automobiles, engineering, chemicals, textiles, and others. …
Bandhan Mutual Fund has submitted a proposal to the Securities and Exchange Board of India (SEBI) for its latest offering, the Bandhan Rediscovery Fund. This fund intends to give investors the chance to tap into their investment potential and reach their financial objectives. Emphasizing strong returns while effectively managing risks, the Bandhan Rediscovery Fund promises …
Active Equity Funds Hold Most Cash Since October 2024 An active mutual fund is a kind of mutual fund, in which professional managers take decisions regarding the selection of securities to outperform a benchmark index. The professionals primarily purchase and sell assets depending on market conditions, research, and analysis to gain superior returns over the …
Introduction to the NFO Mirae Asset Investment Managers (India) Pvt. Ltd. has introduced a promising investment opportunity with the Mirae Asset Long Duration Fund, a New Fund Offer (NFO). Designed to cater to long-term financial goals, this debt scheme invests in instruments with a Macaulay duration exceeding seven years. The NFO opens on November 21, …
In 2024, the mutual fund landscape has been buzzing with activity, with over 100 new fund offers (NFOs) hitting the market so far, making it an exciting and dynamic year for investors. Staying updated on new mutual fund launches is crucial for every investor, as these funds often target specific asset classes, industries, or investment …
