Ahead of the June quarter earnings season in which IT majors managed to beat Street expectations led by significant improvements in the BFSI sector, mutual fund managers were smart enough to buy IT stocks even as FIIs sold. June quarter shareholding pattern shows that MFs raised stake in Infosys by 116 bps to 19.09%. The … 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
The total retail folios in index funds increased by close to 12 times from 4.95 lakh in March 2020 to 59.37 lakh in December 2023, showing a remarkable surge in the adoption of index funds among retail investors over the past few years, according to a study by Zerodha Fund House.The assets under management (AUM) … Read more
India’s capital market regulator has proposed a new asset class, different from mutual funds, Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). A look at what this means: What is the new asset class that’s in the works? To meet the growing demand for financial products in India, the Securities and Exchange Board of … Read more
As the June quarter earnings season began this week, FII inflow into Dalal Street has crossed the Rs 15,000 crore mark in June with analysts predicting that better than expected results of IT majors can attract more inflow. “FII flows will continue to be erratic, influenced by global factors. Better-than-expected results from IT majors who … Read more
Gold ETFs saw an inflow for the second consecutive month in June of Rs 726.16 crore, according to the monthly data released by AMFI. The category saw an inflow of Rs 827.43 crore in May and an outflow of Rs 395.69 crore in April. In the first six months of 2024, the category received a … Read more
DP Singh, Deputy MD, SBI MF, says we may not see the largecap category itself having SIP flows, but the other funds also, every midcap and smallcap fund has some percentage of largecap stocks. So, do not look at the numbers just in the largecap category, but largecap stocks are also getting quite good flows.The … Read more
According to data analyzed by ETMutualFunds, approximately six large-cap mutual funds have transformed a lump sum investment of Rs 5 lakh into Rs 1 crore over the last 20 years. It’s noteworthy that around 11 large-cap funds have completed 20 years of existence in the market. HDFC Top 100 Fund The HDFC Top 100 Fund … Read more
