Fund of fund schemes rake in big money after Budget boost

Fund of fund schemes rake in big money after Budget boost

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

7 smallcap stocks double investors’ wealth in FY25, backed by over 20 MF schemes – Smallcap Picks

7 smallcap stocks double investors’ wealth in FY25, backed by over 20 MF schemes – Smallcap Picks

Indian Railway Finance Corporation Share Price 183.56 03:59 PM | 25 Jul 2024 -8.72(-4.54%) One97 Communications Share Price 462.8 03:58 PM | 25 Jul 2024 6.5(1.43%) YES Bank Share Price 24.62 03:59 PM | 25 Jul 2024 -0.28(-1.13%) ITC Share Price 489.95 03:59 PM | 25 Jul 2024 -4.11(-0.83%) HDFC Bank Share Price 1616.6 03:59 … Read more

santrupt misra: Odisha’s richest Lok Sabha election candidate owns 59 mutual fund schemes

santrupt misra: Odisha’s richest Lok Sabha election candidate owns 59 mutual fund schemes

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