A New Fund Offering (NFO) is when a mutual fund or Exchange-Traded Fund (ETF) is first made available to investors. It works similarly to an Initial Public Offering (IPO), where a company raises capital by selling its shares to the public. During an NFO, investors can purchase fund units at a fixed price. This offering …
SBI Mutual Fund House, India’s largest asset management company (AMC), has achieved a remarkable milestone this year by becoming the first mutual fund house in the country to surpass Rs 10 lakh crore in Average Asset Under Management (AAUM) as of June. With over 60 diverse schemes, SBI Mutual Fund has solidified its position as …
The Association of Mutual Funds in India (AMFI) has implemented new minimum standards to prevent front-running and market abuse by asset management companies (AMCs). These measures are in response to a recent circular issued by the Securities and Exchange Board of India (SEBI), which mandated AMCs to establish institutional mechanisms to deter such activities. The …
Investing in healthcare and pharmaceutical mutual funds is for investors looking to capitalise on the growth of the healthcare sector. With ongoing advancements in medical technology, an ageing population, and rising global health concerns, the healthcare and pharma industries can offer significant potential for long-term returns. Mutual funds in this sector provide investors with diversified …
Medium duration mutual funds in India are investment vehicles designed for investors seeking a balance between the stability of short-term funds and the higher returns potential of long-term investments. According to SEBI guidelines, medium duration mutual funds invest in debt and money market instruments with Macaulay duration of portfolio between 3 – 4 years. In …
Capitalmind Financial Services Private Limited, a prominent investment management firm, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch a new mutual fund. This significant development marks a strategic expansion for Capitalmind, which already manages over ₹2,200 crore for a diverse client base. Under Deepak Shenoy’s leadership, Capitalmind has …
The analysis of debt funds’ performance over the year ending in June 2024 reveals a challenging landscape, with a majority of funds failing to outperform their respective benchmarks. Across most categories, underperforming schemes outnumber those that managed to deliver better-than-benchmark returns, with the exception of the floater funds category, where a higher number of funds …
Investing in mutual funds can be an effective way to meet both short-term and long-term financial goals. For those who seek a regular income stream along with capital appreciation, dividend yield mutual funds offer a compelling investment opportunity. Over the past five years, several dividend yield mutual funds have delivered impressive returns on Systematic Investment …
Owning a car is a cherished aspiration for many Indians. For some, it is a necessity; for others, it offers convenience or serves as a status symbol. Regardless of the reason, most people aspire to own at least one car in their lifetime. However, with advancements in technology, cars are becoming more sophisticated—and more expensive. …
Indian markets gained nearly 1% in intraday trading today, marking the eighth consecutive session of gains. This positive momentum came after U.S. Federal Reserve Chair Jerome Powell suggested a potential interest rate cut next month, which boosted investor sentiment. Speaking at the Jackson Hole Symposium in Wyoming, Powell said, “The direction is clear, and the …
