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
With the new government completing 100 days at the center and the US Fed giving in to the clamor with a resounding 50 bps rate cut, retail investors in Mutual Funds (MFs) who were waiting on the sidelines for the dust to settle can look at deploying monies in their chosen asset classes basis risk … Read more
Moyo Studio | E+ | Getty Images Exchange-traded funds have steadily gained popularity among investors in recent years — a trend experts say is largely due to advantages like lower tax bills and fees relative to mutual funds. The first ETF debuted in 1993. Since then, ETFs have captured about $9.7 trillion, according to Morningstar … 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
“On the flows side, mutual funds have been consistently net positive, with over Rs. 40,000 crores monthly, providing strong support to the market’s upward momentum,” says Ramkumar K, Chief Investment Officer, Reliance General Insurance. In an interview with ETMarkets, Ramkumar said: “With global headwinds, these markets could face growth challenges, whereas India has consistently posted … Read more
Mutual funds based on the consumption sector offered an average return of around 13.73% in three months – the third highest among all equity mutual categories. Around 15 consumption funds have completed three months of existence in the market. Kotak Consumption Fund, the topper in the category, offered 17.97% return in the last three month … 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
