Quant Mutual Fund (MF), renowned for its top-performing equity schemes, has made a surprising move by divesting its entire holdings in HDFC Bank. This abrupt shift comes just months after the fund house had significantly increased its exposure to the country’s largest private lender. HDFC Bank, which was once a cornerstone of Quant MF’s investment …
Quant Small Cap Fund, once the darling of small-cap investors, has recently seen its performance come under scrutiny. While the fund has managed to deliver positive returns in the last month, it has lagged behind the category average and its benchmark, the Nifty Smallcap 250 TRI. Let’s dive into the details of what’s driving these …
Mutual fund investors are always on the lookout for schemes that not only promise growth but also deliver consistently, even during volatile times. One such low-priced mutual fund scheme that has caught investors’ attention is the UTI Innovation Fund Direct – Growth. With its impressive one-month performance, this fund is emerging as a hidden gem …
Multi-Asset Allocation Mutual Funds are hybrid schemes that strategically invest across diverse asset classes, including equity, debt, cash, and commodities. These funds aim to provide investors with long-term capital growth and stable returns by leveraging the best opportunities across various instruments. The primary focus is on equity investments, allowing investors to benefit from market opportunities …
Kotak Mutual Fund has introduced the Kotak Crisil-IBX AAA Financial Services Index – Sep 2027 Fund, an open-ended Target Maturity Debt Index Fund. This fund will invest in the CRISIL-IBX AAA Financial Services Index – Sep 2027, which features relatively high interest rate risk and low credit risk. The new fund offer (NFO) opened for …
ITI Mutual Fund is ambitiously targeting an AUM of ₹1 trillion within the next 5 years. The fund manager attributes this optimistic outlook to the increasing popularity of mutual funds among Indian investors, particularly through systematic investment plans (SIPs). ITI MF’s AUM has experienced substantial growth, surging nearly 2.4 times to ₹8,791 crore in July …
Travel and tourism in India have witnessed a significant surge in recent years, with more people prioritizing experiences over material possessions. Kotak Mahindra Asset Management has tapped into this growing trend by introducing the Kotak Nifty India Tourism Index Fund, an open-ended scheme designed to replicate or track the Nifty India Tourism Index. Travel Boom: …
Edelweiss Mutual Fund Edelweiss Mutual Funds is a rising name in India’s mutual fund industry, backed by the expertise of Edelweiss Financial Services Ltd. The company recently launched the Edelweiss Nifty Bank ETF, an open-ended exchange-traded fund (ETF) designed to track the performance of the Nifty Bank Total Return Index. The New Fund Offer (NFO) …
Baroda BNP Paribas Mutual Fund has announced the launch of the Baroda BNP Paribas Dividend Yield Fund, an open-ended equity scheme, which began on August 22, 2024. Investors now have the opportunity to subscribe to the fund until September 5, 2024. The minimum investment required to participate is Rs. 1,000, making it accessible to a …
Bandhan Mutual Fund has introduced a new investment opportunity with the launch of the Bandhan Nifty Midcap 150 Index Fund. This open-ended scheme is designed to track the Nifty Midcap 150 Index, offering investors a chance to participate in the midcap segment of the Indian stock market. The New Fund Offer (NFO) is currently open …
