Banking and financial services sector is the one of the main driver's of a nation's economy. Banks facilitate flow of money into the markets. They place a key role in economic growth of a country by providing credit both to consumers and business. Since India is largely a consumption driven economy, growth...Read More
Kotak Mutual Fund has launched a New Fund Offer (NFO), Kotak MNC Fund. Kotak MNC Fund is an actively managed thematic fund which will invest in the MNC theme. Multinational companies (MNCs) are enterprises which have businesses in multiple countries around the world. MNCs can be subsidiaries of foreign companies...Read More
The growing popularity of mutual funds in India shows that investors are looking for higher returns than traditional fixed income investments. Historical data shows that over long investment horizon, equity as an asset class has the potential of giving better risk-adjusted returns compared to other asset classes. However...Read More
Smart beta funds are funds which combines passive and active methods of investing. Smart beta funds track factor indices. Most investors still associate passive equity investments with investing in broad market indices like Nifty 50 or Sensex. Though relatively new, more than 20 smart-beta index products are currently...Read More
LIC MF has launched a New Fund Offer (NFO), LIC MF Manufacturing Fund. The fund will invest in companies that are engaged in manufacturing and allied activities through top-down and bottom-up approach to stock-picking. Manufacturing is expected to play a major role in the “India Growth Story” and investment in the...Read More
The popularity of Mutual funds among domestic investors has grown manifold in the past 10 years. Assets under management (AUM) of mutual funds in India jumped more than 6X in the last 10 years from around Rs 10 lakh crores to Rs 66 lakh crores (source: AMFI, as on 31st August 2024). Total SIP accounts stood at around...Read More
Nippon India Mutual Fund has recently launched a new fund offer (NFO), Nippon India Nifty 500 Momentum 50 Index Fund. This is a passive smart beta fund, which will track the Nifty 500 Momentum 50 Index. Nippon India MF is one of the leading asset management companies in passive products with an...Read More
Bandhan MF has launched a New Fund Offer (NFO), the Bandhan Business Cycle Fund. The fund will invest in sectors that are likely to outperform in the different business cycles, thereby creating alpha opportunity for investors. The NFO has opened for subscription on 10th September 2024 and will close on 24th...Read More
Motilal Oswal Mutual Fund has recently launched a New Fund Offer (NFO), Motilal Oswal Nifty 500 Momentum 50 Index Fund. As the name suggests, the fund will track the Nifty 500 Momentum 50 Index. The Nifty 500 Momentum 50 Index tracks the performance of 50 high momentum stocks in the Nifty 500 index...Read More
Exports play an important role in a country's economy. Exports bring valuable foreign exchange which can be used to pay for imports, external debt, stabilize currency and strengthen the economy. India's exports of goods and services in FY 2023-24 stood at around $783Billion, growing at a CAGR of 10% over the post...Read More