The HDFC NIFTY200 Momentum 30 Index Fund, launched by HDFC Mutual Fund on February 9th, 2024, is an open-ended index fund aiming to mirror the performance of the NIFTY200 Momentum 30 Index TRI. With a minimum investment of Rs 100 and no entry load, it passively tracks the index, offering investors exposure to the 30 …
As of January 2024, the State-wise Assets Under Management (AUM) of Mutual fund in India offers a comprehensive insight into the investment landscape across different regions. Topping the list is Maharashtra, boasting an impressive AUM of Rs 21,70,500 crore. Maharashtra in the lead The Mutual Fund AUM of Maharashtra reveals an intriguing fact: a balanced …
In the dynamic landscape of investment, where timing is everything, ICICI Prudential Business Cycle Fund stands out as a beacon of strategic prowess. With a keen eye on economic cycles, this equity-oriented offering has consistently delivered impressive results, showcasing the power of astute sectoral allocation and forward-thinking management. Dazzling Returns in Three Years Imagine your …
Zerodha Gold ETF, launched by Zerodha Mutual Fund on February 16, 2024, is an open-ended scheme aiming to mimic the returns of domestic gold prices, minus associated fees and expenses. It primarily invests in physical gold, offering investors indirect exposure to the yellow metal without having to hold it physically. This new fund offering (NFO) …
Imagine you’re a busy professional with limited time for research. You want to invest in mutual funds but the sheer number of options can be overwhelming. This is where FOFs come in. A FOF is a mutual fund that invests in other mutual funds. So, instead of picking individual stocks or bonds, the fund manager …
When investors choose mutual funds, they often focus on returns. However, experienced investors also consider other parameters like rolling returns and volatility. One crucial factor that many investors overlook is the number of stocks in a fund’s portfolio. Let’s explore whether the number of stocks affects a fund’s performance and if it should be a …
Canara Robeco Manufacturing Fund is a new open-ended equity mutual fund scheme launched by Canara Robeco Mutual Fund on February 16, 2024. It aims to generate long-term capital appreciation by investing primarily in stocks and equity-related instruments of companies in the manufacturing sector. The minimum investment amount is Rs 5,000 and there is no entry …
Investing in mutual funds can be a powerful way to grow your wealth, but deciphering the various terms and figures thrown around can feel like navigating a financial labyrinth. This article demystifies key concepts like CAGR, XIRR, exit loads, expense ratios, and other essential elements to help you understand your mutual fund returns better. Understanding …
In mutual funds, investors often rely on historical performance to guide their decisions. However, a recent analysis of 146 equity mutual fund schemes has shed light on a concerning trend: around 60 schemes have failed to beat their respective benchmarks over three, five, seven, and 10-year periods. Approximately 41% of the funds have underperformed, indicating …
Value investing thrives on the principle of identifying undervalued stocks, those trading below their intrinsic worth. By leveraging this perceived market inefficiency, investors aim to reap the benefits when the stock price eventually reflects the company’s true value. This long-term approach involves meticulous research and analysis to uncover hidden gems with the potential for significant …
