Axis Mutual Fund has launched the Axis CRISIL-IBX AAA NBFC Index – June 2027 Fund, an open-ended Target Maturity Index Fund. It invests in the constituents of the CRISIL-IBX AAA NBFC Index – June 2027, featuring moderate interest rate risk and relatively low credit risk. The scheme’s maturity date is June 30, 2027. The new … Read more
May 17, 2024, 02:34:35 PM IST Around 42 mutual funds were sitting on Rs 1.36 lakh crore cash in April, according to data by ACE MF. Here are the top 10 mutual funds that had the highest cash holding. iStock The largest fund house was sitting on Rs 22,703 crore cash in April. The cash … Read more
May 14, 2024, 01:27:16 PM IST 43 of 44 mutual fund (MF) houses received inflows in April. Only IL&FS Infra Mutual Fund witnessed outflows. Interestingly, around seven MF houses received over Rs 20,000 crore inflow in April, according to the data from ACE MF. Take a look Getty Images The largest fund house received the … Read more
Mumbai: Mutual fund investors looking to diversify portfolios beyond traditional diversified equity strategies can consider quant funds, which primarily use mathematical models to select stocks, eliminate fund manager bias, and have lower costs than active funds. Wealth managers believe investors can allocate 15-20% to such schemes. Quant funds build a portfolio by selecting stocks on … Read more
Apr 15, 2024, 01:58:03 PM IST 1/11 Assets under management The total mutual fund AUM was recorded at Rs 54.55 lakh crore in March. The top 10 mutual fund houses manage assets worth Rs 42.52 lakh crore which accounts for 78% of the total AUM. Here is a detail of how the AUM of the … Read more
