An investor before choosing a mutual fund scheme to invest always looks for the past performance of that scheme. Ever wondered why the returns are expressed in different nomenclatures? Why are they written as CAGR, IRR or XIRR? ETMutualFunds made it easy for the first time investors to understand what these nomenclatures mean and how … Read more
Apr 06, 2024, 01:31:52 PM IST Technology funds have lost around 3.96% in one month, an analysis of performance by ETMutualFunds showed. There were around seven active schemes in the category during the said horizon. iStock Aditya Birla Sun Life Digital India Fund lost the most at around 5.52% in one month. ICICI Prudential Technology … Read more
Apr 05, 2024, 05:31:01 PM IST There were around 621 equity and equity-oriented schemes in March. Out of this around 295 equity schemes offered negative returns. Here are the 10 equity schemes that lost more than 4% in March, according to ACE MF. ETMarkets.com 2/8 Aditya Birla SL Digital India Fund This fund topped the … Read more
Three small cap schemes have continuously underperformed their respective benchmarks in two consecutive years (2022 and 2023), an analysis of yearly returns of the category by ETMutualFunds showed. Around 23 small cap schemes have completed two years of existence in the market. Out of these 23 small cap schemes, three schemes – Aditya Birla Sun … Read more
Shakti Pumps (India) on Friday said that it has raised an amount of Rs 200 crore through qualified institutional placement route. The Qualified Institutional Placement (QIP) issue garnered significant interest from qualified domestic institutional investors and was fully subscribed by two large Mutual Funds – LIC Mutual Fund and SBI Mutual Fund, the solar pumps … Read more
ETMutualFunds reviewed the performance of passive mutual funds in FY24 (April 1, 2023 to date). They have offered an average return of around 34.86% during the period. CPSE ETF, the topper on the list, offered 97.76% in FY24. Motilal Oswal S&P BSE Enhanced Value ETF offered 86.87%. Around 80 passive mutual funds have given over … Read more
ETMutualFunds looked at the performance of equity mutual funds in FY24 (April 1, 2023 to till date). Nifty50 was up by 27.05% and S&P BSE Sensex was up by 23.32%. The toppers were from sectoral/thematic funds. Aditya Birla SL PSU Equity Fund, the topper in the list, offered 84.86% in the financial year 2023-24 so … Read more
As investors continue to pour money into stocks and equity funds, asset managers are raising more cash in their portfolios. February month data shows that the total cash pile at equity mutual funds rose for the second consecutive month to 4.82% of total assets under management (AUM) at Rs 1.33 lakh crore. SBI Mutual Fund … Read more
Tata Steel. Share Price 149.70 03:59 PM | 18 Mar 2024 8.00(5.65%) Mahindra & Mahindra. Share Price 1856.05 03:59 PM | 18 Mar 2024 56.55(3.15%) JSW Steel. Share Price 804.40 03:58 PM | 18 Mar 2024 23.75(3.05%) Tata Motors. Share Price 972.45 03:59 PM | 18 Mar 2024 26.61(2.82%) Apollo Hospitals Enterprise. Share Price 6136.55 … Read more
Around 61% ELSS schemes have failed to beat their respective benchmarks and category average in a three year horizon, an analysis of performance by the ELSS category showed. There were around 36 ELSS schemes in the category that have completed three years of existence in the market. Around 22 ELSS schemes failed to beat their … Read more
