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
Ease of investing, automatic asset allocation and benefit of long-term capital gains taxation are drawing investors to fund of fund (FoF) schemes again after the budget. Data from AMFI show these schemes saw inflows of ₹1,008 crore in August, as compared to outflows of ₹2,445 crore in 12-month period ending March 31, 2024. An FoF … 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
The share of mid-cap and small-cap companies in India’s total market value hit the highest level in May, boosted by the unabated appetite for these shares among domestic investors. This, however, warrants caution, said fund managers, who warned that the sharp run-up in these shares may be excessive for now. According to a study by … Read more
Jun 17, 2024, 10:00:13 AM IST The second largest fund house manages assets under management of Rs 7.80 lakh crore as on May 2024. The fund house manages 253 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services. iStock The highest … 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
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
Apr 16, 2024, 06:25:52 PM IST At the end of March, the total cash holding of all equity-based mutual funds stood at Rs 1.33 lakh crore, at 4.71%. Here is the list of seven mutual funds who were sitting on over Rs 5,000 crore cash pile, according to data by ACE MF. iStock The largest … 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
ICICI Prudential Mutual Fund has sold a partial stake in Zee Entertainment amid a price crash following the termination of a merger with Sony. According to an exchange filing, I-Pru MF has sold 2.06 crore shares or 2.15% stake between January 20 and January 30 in a series of secondary market transactions. At the end … Read more
