The shares of Vodafone Idea plunged over 6% on Friday, extending losses to 24% in two straight sessions over AGR issues. An ET Mutual Fund analysis reveals that mutual funds had over Rs 6,000 crore investment in this telecom company as of August 2024 and held around 383 crore shares in their portfolio. Around 32 … Read more
Mutual funds were sitting with Rs 1.86 lakh crore cash pile in August which was 5.20% of the total AUM. The cash holding in July was Rs 1.71 lakh crore. The total equity AUM in August was recorded at Rs 35.82 lakh crore as of August 2024. Around five fund houses were sitting on more … Read more
Jun 23, 2024, 02:20:38 PM IST Around four mutual fund houses had cash allocations of more than Rs 10,000 crore in their portfolio as of May 2024. Here is the break-up, according to data from ACE MF. iStock The largest fund house had a cash allocation of Rs 27,070 crore in their portfolio as of … Read more
Jun 16, 2024, 12:31:07 PM IST Around seven mutual funds exited from 18 stocks in their portfolio in May. Here is the breakdown of the stocks exited, according to Mutual Fund Insight by Nuvama Alternative & Quantitative Research. iStock HDFC Mutual Fund made a complete exit from Radico Khaitan, Phoenix Mills, and Sundaram Finance. The … Read more
The initial public offering of Awfis Space Solutions closed on Monday, with bids exceeding more than 108 times the shares the office sharing company has put up for sale. According to data from the BSE, the public issue received bids for more than 936.8 million shares against the 8.62 million shares on offer. The category … 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 15, 2024, 06:16:38 PM IST Seven mutual funds added around 21 stocks to their portfolios in April, according to Mutual Fund Insight by Nuvama Alternative & Quantitative Research. Here is the list of stocks. iStock The fund house added Dr Lal Pathlabs (13.08 lakh shares), Vodafone Idea (17.29 crore shares), and Marico (19.79 lakh … 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
Santrupt Misra, a Biju Janata Dal (BJD) candidate and former HR head of Aditya Birla Group filed his nomination papers from the Cuttack Lok Sabha Seat for the 2024 Lok Sabha elections. His affidavit shows that Mistra has investments in 59 mutual fund schemes. The former HR head of Aditya Birla Group has investments in … Read more
Shashi Tharoor, Chairman of the Parliamentary Standing Committee on Information Technology and former Minister of State for HRD and External Affairs, filed his nomination papers for Thiruvananthapuram Lok Sabha seat in 2024 general elections. He has declared that his total investments in mutual funds was at Rs 1.72 crore. The member of Indian National Congress … Read more
