Quant Small Cap Fund, once the darling of small-cap investors, has recently seen its performance come under scrutiny. While the fund has managed to deliver positive returns in the last month, it has lagged behind the category average and its benchmark, the Nifty Smallcap 250 TRI. Let’s dive into the details of what’s driving these …
Bajaj Finserv Asset Management Limited recently celebrated the first anniversary of its flagship equity fund, Bajaj Finserv Flexi Cap Fund. The fund, which marked its first successful year of investing, delivered impressive returns of 41.30%* under the regular plan and 43.43%* under the direct plan. The fund’s growth trajectory reflects a strong commitment to Megatrend …
Quant Mutual Fund (MF), renowned for its top-performing equity schemes, has made a surprising move by divesting its entire holdings in HDFC Bank. This abrupt shift comes just months after the fund house had significantly increased its exposure to the country’s largest private lender. HDFC Bank, which was once a cornerstone of Quant MF’s investment …
Motilal Oswal Mutual Fund has recently launched the Motilal Oswal Nifty 500 Momentum 50 Index Fund, an open-ended index fund designed to track the performance of the Nifty 500 Momentum 50 Total Return Index. The fund aims to provide investors with returns that closely correlate to the index, subject to tracking error. Key Features Investment …
HSBC Mutual Fund has introduced the HSBC India Export Opportunities Fund, an open-ended equity scheme focused on the export theme. The New Fund Offer (NFO) will be open for subscription from September 5 to September 19, 2024. The investment objective of HSBC India Export Opportunities Fund is to achieve long-term capital growth by actively managing …
Edelweiss Mutual Fund has launched a new open-ended exchange-traded scheme, Edelweiss Nifty Bank ETF, which replicates/tracks the Nifty Bank Total Return Index. The new fund offer (NFO) of Edelweiss Nifty Bank ETF opened on September 03, 2024 and will close on September 06, 2024. During the NFO period, an investor is required to invest a …
One equity mutual fund scheme that Motilal Oswal Mutual Fund introduced is called Motilal Oswal Nifty 500 Index Fund Direct Growth. Investors were able to access this scheme on December 29, 2009. The current fund manager of the Motilal Oswal Nifty 500 Index Fund Direct-Growth fund is Swapnil P. Mayekar. The fund’s latest net asset …
Invesco Mutual Fund is The company recently announced its latest offering—the Invesco India Technology Fund, an open-ended equity scheme with a special focus on the tech sector. The NFO is open for subscription until September 17, 2024, and after that, it’ll be back for continuous sale and repurchase within five business days of allotment. Feature …
Kotak Mahindra Mutual Fund has recently launched an open-ended scheme replicating/tracking the Nifty India Tourism Index, named Kotak Nifty India Tourism Index Fund. The new fund offer (NFO) opened on September 02, 2024, and will close on September 16, 2024. The performance of Kotak Nifty India Tourism Index Fund is measured against Nifty India Tourism …
This week, 9 new mutual funds are being introduced, each tailored to meet different investment strategies and market segments. Let’s look at these new fund offerings (NFOs). Kotak Nifty India Tourism Index Fund Kotak Mutual Fund launched the Kotak Nifty India Tourism Index Fund opened on September 2, will be available for subscription till September …
