Latest Saving, Investing & Mutual Fund Articles

Kotak Multicap Fund has been the best performing multicap fund in the last 1 year. In the last 1 year, the fund has given 63.81% returns, around 14% excess returns (alpha) relative to its benchmark market index (as on 10th April 2024, source: Advisorkhoj). As on 1st April 2024, the scheme assets under...

SBI Mutual Fund launched SBI Balanced Advantage Fund in August of 2021. The scheme manages its asset allocation dynamically based on valuations and some other parameters. SEBI does not have asset allocation upper and lower limits for dynamic asset allocation funds or balanced advantage funds. In other words...

Bandhan Mutual Fund has launched a New Fund Offer, Bandhan Innovation Fund, an open ended thematic fund. The NFO opened for subscription on 10th April and closes on 24th April 2024. Mutual Fund industry veteran and Head of Equities at Bandhan AMC, Manish Gunwani will manage this scheme. Innovation has shaped...

The end of the financial year brings with it the renewed hopes of increments that can improve your lifestyle and allow you to save more while at the same time beat inflation. Along with your annual increment, you may get that long awaited bonus which you may want to spend on some much-desired luxury purchase or...

In September 2023, 360 ONE AMC launched its first hybrid offering, 360 ONE Balanced Hybrid Fund. This fund is a unique proposition as it is the only true to label balanced fund that balances asset allocations to equity and debt across different market conditions. The equity and debt allocations are both maintained in 40 – 60%...

Focused funds are equity mutual fund schemes that invest in maximum 30 stocks (as per SEBI’s mandate). There are no market cap restrictions for these funds, in other words, they can invest across market capitalization segments. Though focused funds have higher concentration risks compared to more diversified funds which...

The SBI Long Term Equity Fund is an open-ended Equity Linked Saving Scheme (ELSS) with a tax saving benefit and a statutory 3-year lock-in period, which was started in March 1993. The scheme aims to deliver Equity returns to its investors along with the tax deduction benefits as provisioned under 80C of Income Tax Act...

Kotak Mutual Fund through ‘Seekho Paiso Ki Bhasha’, an investor education and awareness initiative launched six months ago, has covered over 52,000 CBSE teachers across India. They conducted 860 workshops in 100 locations across India, targeting A, B and C-class towns between September 2023 and February...

The passive space in the mutual fund industry has grown at a very fast pace over the past few years. Passive assets under management (AUM) have multiplied 4.5 times in the last 4 years from Rs 1.9 lakh crores to Rs 8.8 lakh crores. Institutional investors account for a significant portion of passive AUM especially...

We have been in a global high interest regime for a fairly long period of time. The Reserve Bank of India began hiking repo rates in April 2022 when the rate was 4% and has held the repo rate at 6.5% for the last 1 year. The US Federal Reserve began hiking interest rates (Fed Funds Rate) in March 2022...