As Baroda BNP Paribas Large Cap Fund completes its 20-year journey on September 23, 2024, it’s a perfect time to look back and analyze how this large-cap fund has performed over the past two decades. Known for its focus on blue-chip companies and market leaders, the fund has proven to be a reliable investment vehicle, …
The world of mutual funds and ETFs continues to evolve, offering investors more ways to manage their portfolios with precision and flexibility. The latest entrant, the Groww Nifty 1D Rate Liquid ETF, is set to provide investors with a fresh opportunity in the liquid investment space. Let’s delve into the details of this New Fund …
Gold ETFs (Exchange Traded Funds) Fund of Funds (FoF) are gaining traction among investors who seek exposure to gold as a hedge against market volatility and inflation. Two standout performers in this category are the UTI Gold ETF FoF Direct – Growth and Invesco India Gold ETF FoF Direct – Growth. In this blog, we …
In August, top mutual fund houses sold a large portion of their shares in HDFC Bank, amounting to around ₹8,200 crore. Data shows that 23 out of 41 funds reduced their stakes, including major names like Kotak Mahindra Mutual Fund, Quant Mutual Fund, and SBI Mutual Fund. This marks the first time in 8 months …
Introduction Axis CRISIL-IBX AAA NBFC Index – June 2027 Fund is a new fund offering (NFO) that aims to track the CRISIL-IBX AAA NBFC Index, providing investors exposure to a diversified portfolio of AAA-rated debt securities issued by non-banking financial companies (NBFCs). Fund Objectives The fund aims to replicate the performance of the CRISIL-IBX AAA …
ICICI Prudential Mutual Fund has filed a scheme information deed (SID) for the ICICI Prudential Nifty EV & New Age Automotive ETF. This open-ended Exchange-Traded Fund tracks the Nifty EV & New Age Automotive Index. The scheme’s performance would be benchmarked against the Nifty EV & New Age Automotive TRI. Since the scheme is an …
This week, 9 new mutual funds are being introduced, each tailored to meet different investment strategies and market segments. Let’s look at these new fund offerings (NFOs). Kotak Nifty India Tourism Index Fund Kotak Mutual Fund launched the Kotak Nifty India Tourism Index Fund opened on September 2, will be available for subscription till September …
The mutual fund industry in India has grown remarkably over the years. The industry’s AUM first reached the milestone of ₹10 trillion (₹10 Lakh Crore) in May 2014. Within a relatively short three-year period, the AUM size has more than doubled, reaching ₹20 trillion (₹20 Lakh Crore) for the first time in August 2017. For …
Kotak Mutual Fund has filed a Scheme Information Deed with the market regulator SEBI to launch the Kotak Energy Opportunities Fund. This open-ended equity scheme follows the Energy theme. The performance of the Kotak Energy Opportunities Fund is measured against Nifty Energy TRI. The new fund offer (NFO) open and close date is yet to …
Contra funds are equity mutual funds that follow a contrarian investment approach. This strategy involves investing in stocks that are currently out of favor or underperforming in the market but possess strong fundamentals and potential for long-term growth. The essence of this approach is to buy undervalued stocks at low prices and hold them until …
