Edelweiss Mutual Fund is launching a Fund of Funds (FOF) which will invest in Gold and Silver exchange traded funds (ETFs). Exchange traded funds are mutual funds schemes which track some market index or price of commodities e.g. gold, silver. ETFs are listed on stock exchanges and are traded like...Read More
360 ONE Focused Equity Fund, erstwhile IIFL Focused Equity Fund, is one of the best performing focused funds. In the last 1 year, 360 One Focused Equity Fund ranks among the top 3 funds (Mutual Fund Trailing Returns - Equity Focused).Read More
ITI Mutual Fund has launched a New Fund Offer (NFO), ITI Large and Midcap Fund. As per SEBI's mandate, large and midcap funds must invest at least 35% of their assets in large cap stocks (top 100 stocks by market capitalization) and minimum 35% of their assets in midcap stocks (101st to 250th stocks by market capitalization...Read More
The influence of global brands on modern life both professional and personal is huge. A decade or two back, brands were usually associated with luxury spending e.g. apparel, accessories, gadgets etc. But now from waking up in the morning to going to bed, most of us are consumers of global brands on a daily basis. The toothpaste you use in...Read More
As per SEBI guidelines, focused equity funds is a category of mutual fund schemes where each scheme is focused on a few stocks – the maximum number of stocks a focused equity fund can invest in is 30. These schemes are less diversified than schemes which invest in a larger number of stocks and thus have higher...Read More
Axis AMC has now launched its NFO: Axis Nifty IT Index Fund. The NFO period is from 27-Jun-2023 to 11-Jul-2023. The fund’s objective is to provide returns before expenses that correspond to the total returns of the NIFTY IT TRI subject to tracking errors. The Nifty IT index comprises of the 10 largest IT companies in...Read More
Short term funds, also known as short duration funds, are debt mutual fund schemes which invest in debt and money market instruments such that the Macaulay Duration of the scheme is 1 to 3 years. Macaulay duration is the weighted average of the period the investor should remain invested in the security in...Read More
The equity market has been challenging over the past few months. The Nifty is down more than 2,000 points from its all time high. High inflation is providing headwinds to economic recovery from the COVID-19 pandemic. Central banks around the world e.g. US Fed, RBI etc. are adopting increasingly hawkish stances...Read More
Bank of India Mutual Fund has launched a new fund offer (NFO), Bank of India Business Cycle Fund. The fund focuses on riding business cycles by identifying and investing in growth themes through dynamic allocation across sectors and stocks at different stages of business cycle, resulting from the impact of medium...Read More
If you invested Rs 10 lakhs in Axis Focused 25 Fund at the time of its NFO around 11 years back (2012) your investment would have multiplied 4 times (source: Advisorkhoj, as on 26th June 2023). Axis Focused 25 Fund is one of the most popular schemes in its category with Rs 15,680 crores of assets under management...Read More