SBI Mutual Fund is an Indian asset management company introduced by the State Bank of India (SBI) and incorporated in 1987 with its corporate head office located in Mumbai, India. The fund house currently oversees 116 mutual fund schemes, comprising 44 equity schemes, six hybrid schemes, 57 debt schemes, two commodity-based schemes, and seven other …
The Parag Parikh Flexi Cap Fund – Growth Plan has delivered remarkable returns since its inception on May 28, 2013. Investors who started a Systematic Investment Plan (SIP) of Rs 10,000 per month have seen their investment grow to Rs 43.50 lakh over 11 years, achieving an impressive annualised return of 20.20%. This performance raises …
Axis Mutual Fund has recently filed a draft paper with SEBI for the launch of Axis Nifty 500 Index Fund. This is an open-ended index fund designed to track the Nifty 500 Total Returns Index (TRI). Let’s dive into the details of this new investment opportunity. Overview of Axis Nifty 500 Index Fund The Axis …
The Association of Mutual Funds of India (AMFI) released data for May 2024, highlighting significant trends and shifts in the mutual fund industry. Here are some crucial takeaways from the latest figures: Record-Breaking Equity Mutual Fund Inflows Equity mutual fund inflows surged by an impressive 83.42% month-on-month to a record high of Rs 34,697 crore …
In this article, we will explore what these funds are, how they work, and who should consider investing in them. Let’s dive in. What Are Special Situations Funds? Special Situations Funds are a type of investment fund that focuses on taking advantage of unique opportunities that arise due to specific events affecting a company. These …
Introduction Invesco Mutual Fund has recently filed draft papers with the Securities and Exchange Board of India (SEBI) for its new open-ended equity scheme, the Invesco India Manufacturing Fund. This scheme will follow the manufacturing theme, aiming to provide investors with capital appreciation over the long term by investing predominantly in equity and equity-related instruments …
Indian markets rebounded on Thursday, following initial anxieties after the election results. Investors seem to be adopting a wait-and-see approach, anticipating the formation of a new government under Prime Minister Narendra Modi’s leadership. In this climate, large-cap mutual funds, known for their focus on established companies and relatively lower volatility, have witnessed some interesting trends. …
The Indian stock market experienced significant turbulence on Tuesday as early trends in the Lok Sabha election results suggested an unclear victory margin for the Modi-led alliance. This uncertainty led to widespread selling across various indices, with the mid-cap and small-cap indexes particularly affected. The mid-cap index fell by 7.88%, while the small-cap index declined …
Choosing the right large-cap mutual fund is a crucial decision for investors seeking stable and potentially high returns. This article delves deeper into the performance of five prominent large-cap funds in India over the past five years, analyzing their returns, risk metrics, and other factors to guide your investment choices. Funds Fund Manager AUM (in …
GAIL (India) Limited, a leading natural gas company, has launched a captivating campaign titled “Waah Kya Energy Hai!” This innovative initiative aims to educate and empower Indian households to embrace cleaner, more sustainable fuel options. Engaging Storytelling for Impact “Waah Kya Energy Hai!” leverages the power of relatable storytelling. The campaign features a charming mini-series …
