SBI Mutual Fund has launched a New Fund Offer, SBI Innovative Opportunities Fund, an open-ended equity scheme following the innovation theme. The fund will seek to identify investment opportunities in companies which are innovators (demonstrated through innovation in product/process or through innovative business...Read More
Canara Robeco Consumer Trends Fund is one of the best performing consumption funds over the last 10 years. If you invested Rs 1 lakh in this fund 10 years back, your investment would have multiplied nearly 5.5X to Rs 5.37 lakhs. India is a consumption driven economy – historical data shows that consumption...Read More
We have to face the challenge of dealing with multiple financial goals throughout our life. As we go through different stages of life, new goals get added. As our income increases, lifestyles and financial goals also change. The one challenge that remains throughout is that even though our goals keep multiplying...Read More
The projection for India to become the third largest economy in the world within 2030 does not seem like a mere dream. The resurgence of Indian economy fuelled by the upsurge in the performance of the various sectors is inevitable. CAPEX from govt, rural penetration of banking, rising adoption UPI in the payment ecosystem...Read More
Bajaj Finserv MF has launched a New Fund Offer, Bajaj Finserv Large Cap Fund. This is the third equity product offering by Bajaj Finserv. The fund will invest in the top 100 companies by market capitalization. The NFO has opened for subscription on 29th July 2024 and will close on 12th August 2024. In this article...Read More
According to SEBI mandate, Aggressive Hybrid Funds invest 65-80% of their funds in equity and equity related instruments while the remaining 20- 35% is invested in debt and money market instruments. This ensures long term capital appreciation due to the equity exposure coupled with downside protection offered by...Read More
Groww MF is has launched an NFO, Groww Nifty EV and New Age Automotive ETF and Groww Nifty EV and New Age Automotive Fund of Fund (FOF). Groww Nifty EV and New Age Automotive ETF will track the Nifty EV and New Age Automotive index. The FOF will invest in units of Groww Nifty EV and New Age Automotive ETF. You...Read More
India was the fastest growing G-20 economy in FY 2024. IMF has forecasted India’s FY 2025 GDP growth to 7%, which will again the highest growth rate among G-20 economies. The fiscal deficit has been narrowing – from 6.4% in FY 2023 to 5.6% in FY 2024. In 2024 Union Budget, the fiscal deficit target for FY 2025 is 4.9%...Read More
Motilal Oswal has launched a thematic NFO based on manufacturing theme (Motilal Oswal Manufacturing Fund). The fund will invest in companies in the manufacturing sectors. There are relatively few mutual fund schemes in the manufacturing theme compared to sectors like Banking and Financial Services...Read More
A large section of retail investors has traditionally favored diversified equity funds for their investment portfolios. As per AMFI June 2024 data, more than 85% of active equity funds assets under management (AUM) are in funds which are diversified in nature (including market cap specific funds). By diversified funds, we...Read More