Nippon India MF has launched Nippon India BSE Sensex Next 30 ETF and Nippon India BSE Sensex Next 30 ETF Index Fund. These are passive funds which will track the BSE Sensex Next 30 index. BSE Sensex Next 30 index comprises of 31st to 60th stocks by market capitalization listed on the Bombay Stock Exchange...Read More
Quant funds are thematic equity mutual fund schemes which use quantitative investment strategies. Stock selection of quant funds are based on mathematical models. The fund managers of quant schemes are responsible for developing and reviewing the mathematical models on a periodic basis, and make updates to...Read More
Canara Robeco Mutual Fund is launching a multicap fund, Canara Robeco Multicap Fund. The NFO opens for subscription on 7th July 2023 and closes on 21st July 2023. Multicap funds are diversified equity mutual fund schemes which invest across market cap segments i.e. large cap, midcap and small caps...Read More
How do you select mutual fund schemes for your investments? Most investors only check past performance. While returns are an important consideration for investing in mutual funds, there are other important factors you need to keep in mind to achieve your investment objectives. In this article, we will discuss...Read More
Principal Focused Multi-cap Fundinvests in about 30 stocks of different sizes (large cap, midcap and small cap) with high growth potential across different industry sectors. As per SEBI’s mandate for focused funds, the maximum number of stocks in the scheme’s portfolio will be limited to 30 only. This scheme was launched in 2005 and has given...Read More
The debt market has been affected by high inflation over past 12 months or so, with bond yields pushing higher. To cool inflation, Reserve Bank of India (RBI) has raised repo rate by 90 bps already this year. As per RBI data (as on 1st July 2022), the 10 year Government bond yield has...Read More
In the investment world, quantitative analysis has revolutionized the way financial decisions are made. Generally, quant funds utilize complex mathematical models and algorithms to make investment decisions. These funds harness the power of data, statistics, and computer programming to identify patterns, trends, and...Read More
If you invested Rs 10 lakhs in Axis Focused 25 Fund at the time of its NFO around 11 years back (2012) your investment would have multiplied 4 times (source: Advisorkhoj, as on 26th June 2023). Axis Focused 25 Fund is one of the most popular schemes in its category with Rs 15,680 crores of assets under management...Read More
Bank of India Mutual Fund has launched a new fund offer (NFO), Bank of India Business Cycle Fund. The fund focuses on riding business cycles by identifying and investing in growth themes through dynamic allocation across sectors and stocks at different stages of business cycle, resulting from the impact of medium...Read More
Axis AMC has now launched its NFO: Axis Nifty IT Index Fund. The NFO period is from 27-Jun-2023 to 11-Jul-2023. The fund’s objective is to provide returns before expenses that correspond to the total returns of the NIFTY IT TRI subject to tracking errors. The Nifty IT index comprises of the 10 largest IT companies in...Read More