A Mutual Fund Fact Sheet is an essential document for any investor looking to understand the nuances of a mutual fund scheme. This document is usually updated and released monthly by the mutual fund house, providing a snapshot of key data points that inform investors about the fund’s performance, strategy, and management. Here’s a breakdown …
When it comes to mutual funds, performance is key. The Quant Focused Mutual Fund has made headlines with its staggering returns, turning an initial NAV of Rs 10 into a remarkable Rs 94. That’s a jaw-dropping gain of over 800% since its inception in 2008. But what exactly has fueled this impressive growth? Let’s dive …
Asset Management Companies (AMCs) introduce new Fund Offers (NFOs) to create new mutual fund schemes. These companies design and manage the funds, allowing investors to invest during the initial phase. NFOs usually have a set subscription period, after which they become available for regular investments. Let’s look at the upcoming NFOs in October 2024. Upcoming …
Axis Mutual Fund has recently filed a scheme information deed (SID) to launch the Axis CRISIL-IBX AAA Financial Services Index – Sep 2027 Fund. It is an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA Financial Services Index – Sep 2027. Investment Objective The investment objective of the Axis CRISIL-IBX AAA Financial …
To meet the various needs of investors, ICICI Prudential Mutual Fund provides a broad range of investment options, including debt, hybrid, and equity funds. In the Indian mutual fund market, ICICI Prudential Mutual Fund has established itself as a reliable brand thanks to its solid track record of generating steady returns and commitment to client …
Sundaram Mutual Fund has introduced a new Prosperity SIP option for investing in its growth schemes and added a SIP Top-up feature on BSE and NSE platforms. This update will start on September 6. With the Prosperity SIP, investors can set up a Systematic Investment Plan (SIP) and a Systematic Withdrawal Plan (SWP). After the …
Investing in mutual funds offers a road to achieve financial objectives and accumulate wealth. However, it’s critical to make well-informed choices to enhance your long-term financial results. Here are ten typical mistakes that many investors should steer clear: Pursuing Historical Achievement: Mistake: Relying solely on historical performance for forecasting future achievements. Solution: The past performance …
Net flows into mutual funds took a notable hit in August, registering a decline of 42.8% primarily due to reduced inflows into debt-oriented schemes. The total net inflows for the month stood at Rs 1.08 lakh crore, a steep drop from Rs 1.89 lakh crore recorded in July. However, equity mutual funds showed resilience, with …
Investing in healthcare and pharmaceutical mutual funds is for investors looking to capitalise on the growth of the healthcare sector. With ongoing advancements in medical technology, an ageing population, and rising global health concerns, the healthcare and pharma industries can offer significant potential for long-term returns. Mutual funds in this sector provide investors with diversified …
Over the past year, a little over 40% of large-cap mutual funds have managed to outpace their benchmarks. Out of 42 large-cap funds, 18 schemes succeeded in beating their respective benchmarks. For comparison, the NSE benchmark Nifty50 has gained 24.94% in the past year. Large-cap mutual funds generally benchmark their schemes against indices like Nifty …
