Around 75% small cap mutual funds have managed to outperform their respective benchmarks in the month of September. There were 28 small cap funds in the said period, out of which 21 funds managed to outperform their respective benchmarks in the mentioned period. In the other words, only seven small cap funds failed to beat … Read more
When evaluating mutual fund performance, one important metric to consider is the return due to net selectivity ratio. This concept captures a manager’s ability to generate excess returns through effective stock selection, beyond what the general market delivers. To understand how this ratio influences the return, it’s essential to grasp the underlying mechanics and factors … Read more
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
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
Sharpe Ratio is one of the most crucial tools for evaluating the performance of mutual funds. This was developed by Nobel laureate William F. Sharpe, and measures the risk-adjusted return of an investment, helping investors determine whether the returns of a mutual fund are sufficient given the level of risk taken. The Sharpe Ratio of … Read more
The mutual fund industry AUM has hit an all-time high of Rs 66.70 lakh crore, led by net inflows across open-ended categories and mark-to-market (MTM) gains in the equity market. The industry AUM rose by 2.7% or Rs 1.74 lakh crore in absolute terms from Rs 64.97 lakh crore in July, according to a monthly … Read more
With the stock market experiencing fluctuations in a highly volatile environment, mutual fund investors find themselves in confusion on how they should proceed with their investments. On one hand, there is a fear about a potential correction in the market as that is already at high levels. On the other hand, the bullish phase of … Read more
Quant Mutual Fund has crossed Rs 1 lakh crore asset under management (AUM) in August. The fund house has over 81 million unique investors within just a few years, according to a release by the fund house. The fund house mentioned that, “At quant, we are today acknowledging our emotional connection with our stakeholders, which … Read more
Franklin Templeton Mutual Fund has announced the launch of Franklin India Medium to Long Duration Fund, an open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 and 7 years with relatively high interest rate risk and relatively moderate credit risk. The new fund offer or NFO … Read more
