The sectoral and thematic funds ruled the return chart in August and offered up to 9.37% return, a data crunching by ETMutualFunds showed. There were around 590 equity and equity oriented mutual funds in the said period. WOC Pharma and Healthcare Fund, the topper in the list, gave 9.37% return in August. Two international funds … Read more
Around 16 equity mutual funds have offered negative returns in the last one month. A deep dive into the data showed that out of 16 funds which offered negative returns, eight were from Quant Mutual Fund. The first eight funds in the list of losers were from Quant Mutual Fund. Quant ELSS Tax Saver Fund … Read more
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
Bank of India Mutual Fund has launched Bank of India Business Cycle Fund, an open ended equity scheme investing in the sector based on its business cycle. The new fund offer or NFO of the scheme is open for subscription and will close on August 23. The fund aims to identify and invest in sectors … Read more
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday in its bi-monthly monetary policy review meeting has decided to keep the policy rate unchanged at 6.50%. This decision has been kept same since April 2023. Here is what rate pause by RBI means for the mutual fund investors. Adhil Shetty, … Read more
Large & mid cap mutual funds invest most of their corpus in the large and mid cap stocks. As per the Sebi mandate, large & mid cap schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid … Read more
Amid the recent market volatility in the market, Edelweiss Mutual Fund CEO, Radhika Gupta suggested investors not to panic with markets moving up and down. The market corrections are normal. “So, with markets moving up and down, all this global news, everyone’s been asking me questions about what to do with their investments. So quick … Read more
Many mutual fund investors always look for those equity mutual funds that double or triple their investment in a short span of time. ETMutualFunds did some data crunching and found that around 13 equity mutual funds multiplied investors wealth by more than four times in five years. Around 189 equity mutual funds have completed five … Read more
The stock market categorizes listed companies into three groups based on market value: large-cap, mid-cap, and small-cap. Large-cap includes the top 100 companies, mid-cap covers those ranked 101 to 250, and small-cap comprises all other listed companies.Mutual fund investors looking for diversification have two main options: flexi-cap and multi-cap funds. Both these options aim to … Read more
Mutual fund investors were left shocked when it was reported that Sebi has conducted raids at Quant Mutual Fund offices in a suspected case of front running. Since then, Quant Small Cap Fun, which has been consistently outperforming, has underperformed against its respective benchmark. The scheme gave 1.38% return compared to 2.68% by its benchmark … Read more
