To meet the various needs of investors, ICICI Prudential Mutual Fund provides a broad range of investment options, including debt, hybrid, and equity funds. In the Indian mutual fund market, ICICI Prudential Mutual Fund has established itself as a reliable brand thanks to its solid track record of generating steady returns and commitment to client …
Sundaram Mutual Fund has introduced a new Prosperity SIP option for investing in its growth schemes and added a SIP Top-up feature on BSE and NSE platforms. This update will start on September 6. With the Prosperity SIP, investors can set up a Systematic Investment Plan (SIP) and a Systematic Withdrawal Plan (SWP). After the …
Investing in mutual funds offers a road to achieve financial objectives and accumulate wealth. However, it’s critical to make well-informed choices to enhance your long-term financial results. Here are ten typical mistakes that many investors should steer clear: Pursuing Historical Achievement: Mistake: Relying solely on historical performance for forecasting future achievements. Solution: The past performance …
Net flows into mutual funds took a notable hit in August, registering a decline of 42.8% primarily due to reduced inflows into debt-oriented schemes. The total net inflows for the month stood at Rs 1.08 lakh crore, a steep drop from Rs 1.89 lakh crore recorded in July. However, equity mutual funds showed resilience, with …
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 …
Over the past year, a little over 40% of large-cap mutual funds have managed to outpace their benchmarks. Out of 42 large-cap funds, 18 schemes succeeded in beating their respective benchmarks. For comparison, the NSE benchmark Nifty50 has gained 24.94% in the past year. Large-cap mutual funds generally benchmark their schemes against indices like Nifty …
The mutual fund industry’s assets achieved a new high, with an asset base of Rs. 66.70 lakh crore at the end of August 2024. The folio count surpassed 20 crores, and the positive inflows reflect investor trust and confidence in mutual funds as a preferred route for wealth creation. The overall AUM of the mutual …
New Fund Offer (NFO) represents the introduction of a fresh mutual fund scheme by a fund house or an Asset Management Company (AMC). This is a unique opportunity for investors to get in on the ground floor of a new fund, often at a nominal initial price. Once the NFO phase concludes, the fund becomes …
Introduction Groww Mutual Fund is introducing the Groww Nifty 200 ETF, an open-ended exchange-traded fund (ETF) that aims to track the performance of the Nifty 200 Index – Total Return Index (TRI). This ETF is designed to offer investors an opportunity to achieve long-term capital growth by investing in the companies that constitute the Nifty …
India’s mutual fund industry continues to exhibit robust growth, with its Assets Under Management (AUM) reaching a new milestone of ₹66.70 lakh crore in August 2024, according to data from the Association for Mutual Funds in India (AMFI). This substantial increase reflects a surge in investor interest driven by factors such as India’s burgeoning economy …
