Motilal Oswal has launched a thematic NFO based on manufacturing theme (Motilal Oswal Manufacturing Fund). The fund will invest in companies in the manufacturing sectors. There are relatively few mutual fund schemes in the manufacturing theme compared to sectors like Banking and Financial Services...Read More
A large section of retail investors has traditionally favored diversified equity funds for their investment portfolios. As per AMFI June 2024 data, more than 85% of active equity funds assets under management (AUM) are in funds which are diversified in nature (including market cap specific funds). By diversified funds, we...Read More
2024 has been a very interesting year for the Indian stock market. While the broad trend of the market has been bullish, we have also seen periods of volatility in certain pockets and even in the broad market. In the first half of the year Nifty 50 TRI (Total return Index) gave 11.3% return while the broader market...Read More
Axis Quant Fund has recently completed 3 years since launch. Unlike traditional fund managers who rely on a combination of quantitative and qualitative analysis to select stocks for their scheme portfolios, quant funds employ systematic, algorithmic rule-based approaches to build their portfolios. Though the...Read More
Canara Robeco MF is launching a Balanced Advantage Fund. The New Fund Offer (NFO) has opened for subscription on 12th July and close on 26th July. The fund will follow a dynamic asset allocation model. In this article, we will review this Canara Robeco Balanced Advantage Fund NFO. The market is trading at record highs...Read More
Kotak MF has launched a passive fund New Fund Offer (NFO), Kotak BSE PSU Index Fund. As the name implies, the fund will track the BSE PSU Index. The BSE PSU index comprises of major Public Sector Undertakings (Government owned companies) listed on the Bombay Stock Exchange. The NFO has opened for subscription...Read More
SBI Mutual Fund had launched SBI Energy Opportunities Fund in February 2024. This is a thematic fund which will invest in companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to sectors such as...Read More
Franklin Templeton MF has launched a new diversified equity fund, Franklin India Multi Cap Fund. The New Fund Offer opened for subscription on 8th July and will close on 22nd July 2024. This open ended equity mutual fund scheme will invest in all three market cap segments, large cap, midcap and small cap, with minimum...Read More
Banking sector is the backbone of any economy. Banks provide an ecosystem to carry out financial transactions. Companies depend on bank loans to fund their working capital and capex. Economic growth of a country is dependent on a robust and well-functioning banking system. The Indian banking system comprises...Read More
The Bank of India Manufacturing and Infrastructure Fund was launched in March 2010. This is a thematic fund which invests in stocks in the infrastructure and manufacturing sector. With assets under management of 338.69 Cr as on 31st May 2024, the TER of the Regular Growth option of the fund stood at 2.41% as on the...Read More