Canara Robeco MF is launching a Balanced Advantage Fund. The New Fund Offer (NFO) has opened for subscription on 12th July and close on 26th July. The fund will follow a dynamic asset allocation model. In this article, we will review this Canara Robeco Balanced Advantage Fund NFO. The market is trading at record highs...Read More
Kotak MF has launched a passive fund New Fund Offer (NFO), Kotak BSE PSU Index Fund. As the name implies, the fund will track the BSE PSU Index. The BSE PSU index comprises of major Public Sector Undertakings (Government owned companies) listed on the Bombay Stock Exchange. The NFO has opened for subscription...Read More
SBI Mutual Fund had launched SBI Energy Opportunities Fund in February 2024. This is a thematic fund which will invest in companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to sectors such as...Read More
Franklin Templeton MF has launched a new diversified equity fund, Franklin India Multi Cap Fund. The New Fund Offer opened for subscription on 8th July and will close on 22nd July 2024. This open ended equity mutual fund scheme will invest in all three market cap segments, large cap, midcap and small cap, with minimum...Read More
Banking sector is the backbone of any economy. Banks provide an ecosystem to carry out financial transactions. Companies depend on bank loans to fund their working capital and capex. Economic growth of a country is dependent on a robust and well-functioning banking system. The Indian banking system comprises...Read More
The Bank of India Manufacturing and Infrastructure Fund was launched in March 2010. This is a thematic fund which invests in stocks in the infrastructure and manufacturing sector. With assets under management of 338.69 Cr as on 31st May 2024, the TER of the Regular Growth option of the fund stood at 2.41% as on the...Read More
Services sector is the largest contributor to India’s GDP, contributing nearly 55% to Gross Value Add (source: Press note on provisional FY 2023-24 GDP estimate, Ministry of Statistics & Programme Implementation, Government of India). The services sector is also a major source of employment in our country accounting...Read More
Axis MF has launched a New Fund Offer called the Axis Nifty 500 Index Fund. The NFO opened for subscription on 26th June 2024 and will close on 09th July 2024. Index funds have become very popular with retail investors over the last few years. Index funds have gained popularity among retail investors in recent years...Read More
The market has recovered after the Lok Sabha election results and is now trading at record highs. The broader market has outperformed Nifty 50 on an YTD basis – Nifty 500 TRI has given 8.8% absolute returns on an YTD basis versus Nifty 50 TRI YTD return of 4.17% (as on 31st May 2024). Over the past 1 year, midcap...Read More
The stock market is at record high despite the dip seen on the election results day. Yet many investors are worried. When the market is at its high, some investors get concerned about valuations. Some investors are worried about Foreign Institutional Investors selling. Some investors may be worried about...Read More