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
Most equity mutual fund investors look for best performing mutual fund schemes in a longer horizon, say five and 10 years. ETMutualFunds did some data crunching and found out that around 64 equity mutual funds have offered more than 10% in 2024 so far. We considered the top 20 equity mutual funds. Top two performers … Read more
Mar 07, 2024, 02:28:54 PM IST Around 12 equity mutual funds have crossed Rs 1,000 NAV, according to the data by ACE MF. Three flexi cap and mid cap, two ELSS, one aggressive hybrid, large & mid cap, large cap, and a thematic fund featured on the list. Here is how these equity mutual funds … Read more
Around this time in 2022, Delhi-based Shalini Narang found herself with some extra cash and didn’t quite know what to do with it. So the 53-year-old homemaker rang up her trusted advisor, Palak Narang, who suggested she invest in some mutual funds (MFs). Hesitant at first, Shalini quickly came around when she saw Palak’s dizzying … Read more
Three equity mutual fund schemes have managed to multiply lumpsum investments by more than 10 times in 10 years, an analysis by ETMutualFunds showed. There were around 146 equity schemes that have completed 10 years in the market. Nippon India Small Cap Fund, the largest scheme in the small cap category based on assets managed, … Read more
Mumbai: Investors continued to buy equity mutual funds adding ₹21,781 crore in January, making this the 35th month of consecutive net inflows. These inflows climbed 28% from ₹16,997 crore in December. Contributions through systematic investment plans (SIP) surged to a record high of ₹18,838 crore in January higher by ₹1,228 crore than December’s ₹17,610 crore. … Read more
Financial planners insist investors must make a nominee in their mutual fund units in their own interest. This makes transmission of units simple and hassle-free for the beneficiary. The deadline for this is extended to June 30. WHAT DOES NOMINATION MEAN IN THE CASE OF A MUTUAL FUND? Nomination is the process of appointing a … Read more
India’s markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able to withstand sharp falls in stock prices or sudden outflows, according to two sources with direct knowledge of the matter. Such funds have seen heavy inflows over the past year, pushing up the prices of … Read more
