Baroda BNP Paribas Mutual Fund has declared income distribution under two of its hybrid schemes: Baroda BNP Paribas Balanced Advantage Fund and Baroda BNP Paribas Conservative Hybrid Fund. Investors can expect this payout in the form of Income Distribution cum Capital Withdrawal (IDCW). Here’s a look at the announcement and what it entails. Highlights of …
October brought severe challenges for equity investors as the stock market faced a bloodbath, with the Nifty500 falling 8.3% since its peak on September 27. Foreign Institutional Investors (FIIs) pulled out a staggering Rs 1.45 lakh crore from the market during October, further exacerbating volatility. However, in this chaos, some flexi-cap mutual funds managed to …
Adani Group stocks tumbled on November 26, 2024, after Fitch Ratings put some group bonds on negative watch. This follows accusations by US authorities of a $265 million bribery scheme to secure renewable energy contracts, implicating Gautam Adani, Sagar Adani, and associates. Ripple Effects of the Bribery Allegations The fallout of these accusations is evident …
Axis Mutual Fund is ready to introduce a new equity scheme to the market, the Axis Momentum Fund, targeting investors wanting to focus on long-term capital growth. This open-ended equity scheme follows the momentum investing theme, focusing on companies that show strong and sustainable upward trends in their stock performance. Details of the NFO The …
Following the positive sentiment from Maharashtra’s state election results, the Nifty50 index hit a high of 24,351.55 on Monday. However, the optimism proved short-lived as Tuesday’s session opened with the index forming an open=high candle, indicating resistance at the upper levels. The day’s opening price equalled the high, and subsequently, the index shed over 160 …
Union Mutual Fund has filed the scheme information deed (SID) to launch the Union Short Duration Fund. It is an open-ended short-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 Year to 3 Years. Investment Objective Union Short Duration Fund is an actively managed Scheme with an …
Introduction The Union Gold Fund of Funds is an open-ended investment scheme that focuses on investing in units of Gold Exchange Traded Funds (ETFs). This fund offers investors a convenient way to gain exposure to gold, a valuable asset known for its long-term stability and potential as a hedge against inflation. By investing in Gold …
The DSP Business Cycle Fund offers an attractive chance for individuals wishing to align their investments with broader economic trends. Nonetheless, prospective investors ought to evaluate their risk appetite and seek guidance from financial advisors prior to making any commitments. This equity thematic fund aims to achieve long-term capital growth by actively adjusting its investments …
Tata Asset Management has unveiled the Tata BSE Select Business Group Index Fund, an open-ended mutual fund that tracks the BSE Select Business Groups Index. This fund offers investors a strategic opportunity to invest in companies from seven of India’s largest conglomerates, spanning 19 diverse industries and aligning with the nation’s economic growth. About the …
As Indian interest rates hover near their peak, Franklin Templeton Mutual Fund and Mirae Asset Mutual Fund have introduced new Long Duration Debt Funds. These offerings come at a time when investors are keenly watching for opportunities to capitalise on high yields and potential rate cuts. Understanding Long Duration Funds What Are Long Duration Funds? …
