Looking to pick only one index fund? Radhika Gupta shares an idea

Looking to pick only one index fund? Radhika Gupta shares an idea

One should always pick Large and Midcap 250 Index, if they want to pick one and only one index fund, said Edelweiss Mutual Fund CEO, Radhika Gupta. According to Gupta, The index covers the broad Indian economy with reasonable allocation to large and midcaps. She posted on social media platform X, “Since I am always … Read more

ETFs constitute 13% of the total mutual fund industry AUM: Zerodha Fund House

ETFs constitute 13% of the total mutual fund industry AUM: Zerodha Fund House

ETFs now constitute close to 13% of the total Mutual Fund Industry AUM indicating the remarkable adoption of ETFs by retail investors in India, according to a study by Zerodha Fund House. ETMarkets.com The study reveals that the substantial share of Rs 6.95 lakh crore out of the total Rs 53.40 lakh crore signifies a … Read more

equity investors: Take a small exposure to Canara’s new fund to gain from manufacturing push

equity investors: Take a small exposure to Canara’s new fund to gain from manufacturing push

Mumbai: Long-term equity investors eyeing a thematic allocation and believe India is well positioned to become the next manufacturing hub, can consider a small allocation to the new fund offer of the Canara Robeco Manufacturing Fund. Conservative equity mutual fund investors can use systematic investment plans (SIPs) to invest in diversified equity mutual fund schemes … Read more