UTI Asset Management Company (UTI AMC), one of the largest asset managers in the country, is delighted to announce a significant expansion in its distribution reach with the launch of 29 new Financial Centers. These offices will be inaugurated at the same time on Friday, September 29, 2023, across all locations. This strategic move reflects …
The craze of Indian retail individual investors for investing in the small-cap category is never-ending. Investors are investing in actively managed small-cap funds as they look to ride the ongoing rally. However, since some of these funds have already gone up a lot in value, financial experts are advising investors to consider spreading their investments …
Investing in mutual funds is undoubtedly a good choice for someone who is not active in the stock market and can’t track the market regularly. Sundaram Mid Cap Fund (Regular Plan – Growth) achieved a remarkable milestone with its Net Asset Value (NAV) crossing Rs 900 as of yesterday. Its journey commenced on July 19, …
According to the latest data from the Association of Mutual Funds in India (AMFI), small-cap mutual fund schemes recorded the highest inflows in June 2023. This surge in inflows comes as the BSE small-cap index approaches its 52-week high amidst a steady rise in equity markets. AMFI data reveals that net investments in small-cap equity …
Franklin Templeton India returned Rs 27,109 crore to investors of six debt schemes that were unexpectedly closed due to significant redemption pressure caused by a liquidity crisis in the debt market during the Covid pandemic breakout in April 2020. As of July 31, the payments made to investors account for 108% of the aggregate reported …
The compilation is made by considering the increase in the share of overall mutual fund equity AUM in comparison to the previous year. IT software Businesses nowadays are getting increasingly digitised and are investing more in technology. A growing number of schemes added these stocks to their portfolios. The overall equity AUM for this sector …
Mutual funds are frequently viewed as a type of investment that can be trusted to help one accumulate wealth for the future. Mutual funds can help you achieve all of your objectives, both short- and long-term. The assets are distributed among numerous equities and debt instruments by these funds, allowing the invested capital to increase …
Mutual funds have become an increasingly popular way to grow wealth. They offer diversified portfolios, less time requirement and high returns. However, not all mutual funds are created equal, and investors must choose funds that align with their investment goals and risk appetite. In this article, we will discuss some of the top 5-star rated …
Mutual fund investments can be a great method for salaried people to increase their wealth and meet their long-term financial objectives. But with so many mutual funds on the market, selecting the best one can be difficult. The best mutual fund for a salaried person to invest in will rely on a number of variables, …
Prepare to embark on a captivating journey through the enigmatic realm of the stock market, where tales of rags to riches have mesmerized us all. We’ve marveled at those astute investors who turned a mere few thousands or lakhs of rupees into fortunes worth crores. What’s the secret behind their remarkable success? Well, it all …
