Mutual Fund News
Axis MF: Fixed income outlook October 2024
The month of September was eventful for debt markets, with the Fed setting the rate cycle in motion with a 50 bps cut. It's not only the US Fed; interestingly this quarter imminent global central banks implemented a total of 28 rate cuts, the most since COVID times. Fed dot plot further gives guidance of additional 50 bps rate cut... Read More
Axis Mutual Fund Launches Axis Nifty500 Value 50 Index Fund
Axis Mutual Fund, one among the fastest growing and prominent fund houses in India, is pleased to announce the launch of its New Fund Offer - Axis Nifty500 Value 50 Index Fund. This open-ended index fund aims to replicate the performance of the Nifty500 Value 50 Total Return Index (TRI). The New Fund Offer (NFO) opens... Read More
Megatrend Investing: Why One Should Have a Systematic Investment Plan (SIP) in Flexi Cap Funds
A Systematic Investment Plan (SIP) allows investors to make disciplined, regular investments. When combine with Flexi cap fund which can invests across market capitalizations - large-cap, mid-cap, and small-cap stocks, based on market conditions and the fund manager's discretion. This strategy also aligns well with the... Read More
Kotak Small Cap Fund: Proven Process, Seamless Transition and Stellar Performance
The Kotak Small Cap Fund has been a strong performer in the small-cap segment, consistently generating wealth for its investors. Despite a temporary dip, the fund has made a notable recovery over the past six months, re-establishing itself as a top choice for small-cap investors. Over the past two years, the fund... Read More
Aditya Birla Sun Life Mutual Fund launches Target Maturity Fund Investing in India's Top NBFCs & HFCs
Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under... Read More
Axis Mutual Fund Announces Name Change for Select Schemes
Axis Mutual Fund, one of the fastest growing mutual fund houses in India, today announced the renaming of several of its mutual fund schemes, effective from 30th Sep 2024. The changes are part of Axis Mutual Fund’s ongoing commitment to providing investors with clear and concise information about their investments... Read More
FED SETS THE RATE CYCLE IN MOTION WITH 50 BPS CUT
In a much anticipated decision, the US Federal Reserve (Fed) made significant adjustments to the monetary policy during the FOMC meet. The key action was a 50 bps cut in the federal funds rate bringing it down to a range of 4.75% to 5%. This was the first rate cut since 2020, marking a pivot from the Fed's previous focus... Read More
Axis MF launches AXIS CRISIL IBX AAA NBFC INDEX JUN 2027 FUND
Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – AXIS CRISIL-IBX AAA NBFC INDEX – JUN 2027 Fund. It is an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA NBFC Index – Jun 2027, a moderate interest rate risk and relatively... Read More
Households don't create deposits, banks do
The slow growth in bank deposits has been a matter of concern, particularly as growth in private credit has outpaced deposits for the last two years now. This has largely been attributed to the decline in household savings or to a shift to physical savings or even a shift to alternate financial savings like mutual funds. However, contrary to... Read More
Axis MF: Fixed income outlook September 2024
Month of August continued to remain positive for the bond markets. It began with significant uptick in US unemployment data, which led to fears of slowdown and increased probability of recession in US, outcome was US bond yields rallied and started pricing in aggressive rate cuts. Fed futures are now pricing in 100 bps cut till Dec 2024... Read More
Kotak Mutual Fund launches Kotak Nifty India Tourism Index Fund
Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) today announced the launch of Kotak Nifty India Tourism Index Fund, an open-ended scheme replicating/tracking the Nifty India Tourism Index. The scheme opens for public subscription on September 2, 2024, and closes on September 16, 2024... Read More
Groww Asset Management Ltd Expands Presence with New Office in Ghatkopar, Mumbai
Groww Asset Management Ltd (Groww AMC) is pleased to announce the opening of its new office in Ghatkopar, Mumbai. This new office, which began operations on 21st August, 2024, marks a significant milestone in the company's strategic expansion across India. The inauguration was attended by key distribution partners from... Read More
Axis Commercial Real Estate Fund announces First Investment at Fintech City, Chennai
Axis Asset Management Company Limited (Axis AMC) and Tishman Speyer announced today that Axis Commercial Real Estate Fund (the Fund) has successfully acquired one of the two plots for auction at a prime location in Fintech City, Nadambakkam, Chennai. The acquisition was made through a bid cum e-auction process... Read More
A WIDELY EXPECTED STATUS QUO: RBI MONETARY POLICY: AUGUST 2024
Concurrent to our view, in its third policy of FY25, the Reserve Bank of India (RBI) retained a pause on interest rates for the ninth consecutive time. With headline inflation above the 4% target, the central bank governor persisted with its withdrawal of accommodation stance. However, two members voted for an interest rate cut... Read More
Axis MF: Fixed income outlook Aug'24
The month of July was positive for bond markets. Weak Economic data in US economy, positive demand supply for bonds in India, China surprise rate cut, weak Oil and commodities prices and inally Fiscal consolidation in budget led to yields trending lower. Banking liquidity as highlighted last month turned surplus and overnight... Read More
Recent News
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Axis MF: Equity outlook Aug'24
Aug 7, 2024
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Groww Mutual Fund introduces ETF and FOF Schemes based on the Nifty EV & New Age Automotive Index
Jul 25, 2024
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Unaltered path: Continuity in budget policies
Jul 24, 2024
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Mutual Fund Trends: June 2024
Jul 18, 2024
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Let's talk about supply too
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