In different market scenarios, different strategies come into play. During a rising interest rate scenario, shorter duration (maturity) instruments, higher yields, and floating rate bonds tend to perform well. Conversely, in a falling interest rate scenario, longer duration (maturity) instruments and fixed rate bonds tend to outperform. The... Read More
Axis Mutual Fund, one among the fastest growing fund houses in India, is pleased to announce the launch of its New Fund Offer - Axis S&P BSE Sensex Index Fund (an open-ended index fund tracking the S&P BSE Sensex TRI). The fund will be managed by Mr. Karthik Kumar (Fund Manager) and Mr. Ashish Naik (Fund Manager). The... Read More
Sundaram Mutual is happy to announce the success of its newly launched Multi-Asset Allocation Fund. The fund has garnered ₹1,890 crores in AUM, with participation from 83,500+ investors. This milestone marks a significant achievement for the brand, making this its 2nd largest NFO. The NFO opened on Jan 5, 2024 and... Read More
Sundaram Mutual launches a New Fund Offer (NFO) - Sundaram Multi Asset Allocation Fund, an open-ended scheme investing in equity, debt and money market Instruments and Gold ETFs. The investment objective of the scheme is to generate long term capital appreciation by investing in Equity and Equity related Securities, Debt and... Read More
Axis Mutual Fund, one among the fastest growing fund houses in India, is excited to announce that it has garnered over INR 3,400 crores in the Axis India Manufacturing Fund, one of the highest funds raises ever in a thematic fund this year. This NFO, from 1st Dec to 15th Dec 2023, received robust participation from diverse investor... Read More
Investors are requested to note that, pursuant to clause 2.6 of SEBI Master Circular dated May 19, 2023 on categorization of schemes, the scheme name shall be the same as the scheme category for easy identification for investors. In order to align the scheme name with the respective scheme category, the Board of Mirae... Read More
Axis Mutual Fund, one among the fastest growing fund houses in India announces the launch of its latest fund offering, the 'Axis US Treasury Dynamic Bond ETF Fund of Fund'. Benchmarked against the Bloomberg US Intermediate Treasury TRI, the primary investment objective of the scheme is to provide regular income by... Read More
Kotak Mahindra Asset Management Company Ltd. (KMAMC) recently initiated “Wellness Drives Wealth”, a drive to raise health awareness among its trade partners and their family members. Around 2000 people participated in the drive, conducted in more than 50 cities is aimed at promoting healthy living. Under the initiative, the... Read More
The market capitalization as evidenced by the stocks listed on the BSE and the NSE surpassed the $4 trillion mark on 29 November. India is now the fifth country after the United States, China, Japan, and Hong Kong to achieve this milestone. The overall market capitalization on the BSE touched Rs 333.29 lakh crore ($4 trillion in US... Read More
Mumbai, November 29, 2023: In an endeavour to harness the potential of India's growing manufacturing theme, Axis Mutual Fund, one among the fastest growing fund houses in India, has announced the launch of Axis India Manufacturing Fund. The latest offering is an open-ended equity scheme that represents the India... Read More
Aditya Birla Sun Life AMC Limited (ABSLAMC), a subsidiary of Aditya Birla Capital Limited and investment manager for Aditya Birla Sun Life Mutual Fund, collected nearly Rs 200 crore for its Aditya Birla Sun Life US Treasury Bond ETFs Fund of Funds NFO from 16th October 2023 to 30th October 2023. Aditya Birla Sun Life US Treasury... Read More
Mumbai, October 25, 2023: Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) today announced the launch of Kotak Consumption Fund, an Open-Ended Scheme that will invest in equity, equity related securities of companies engaged in consumption and consumption related activities. The scheme... Read More
Indian equity markets have undergone a remarkable transformation, with derivatives trading now dominating the landscape. Equity derivatives account for a staggering 99.6% of market volumes, totaling over US$4.3 trillion per day. Alignment of expiries in key indices to different days of the week now facilitates zero-day expiries... Read More
As widely expected and concurrent to our view, the Reserve Bank of India (RBI) continued with a pause on interest rates, but with a hawkish bias. The governor highlighted uncertainty around inflationary pressures and added that the policy remains focused on aligning inflation to 4% target on durable basis and not in the band of... Read More
Mumbai, 25 Sep 2023: Axis Mutual Fund, one among the fastest growing mutual fund houses in India, conducted an investor survey to ascertain 'Risk Comprehension' amongst Indian investors. The survey received responses from over 1700 Axis MF investors from across the country. The objective of the survey was to receive insights on... Read More
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