Mutual Fund News

Aditya Birla Sun Life MF Launches Aditya Birla Sun Life BSE India Infrastructure Index Fund

Nov 15, 2024 by Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the... Read More

Domestic flows: necessary but no longer sufficient

Nov 12, 2024 by Axis Mutual Fund

In the past few years, Indian equities have been immune to volatility given strong macros, robust earnings growth and importantly strong domestic flows. However, volatility appears to be back in Indian equities, with benchmark indices down by 8% in the past month. The broader market correction has been steeper and over... Read More

Axis Mutual Fund: Equity and Debt Market Outlook October 2024

Oct 23, 2024 by Axis Mutual Fund

India is currently witnessing the confluence of the best macro and micro tailwinds with ~8% GDP growth, moderating inflation, easing 10-year G-sec yield, stable currency, and resilient corporate earnings so far. Nifty is trading at a 12-month forward P/E ratio of 21.6x, which is in line with its long-period average even... Read More

Axis MF: Fixed income outlook October 2024

Oct 9, 2024 by Axis Mutual Fund

The month of September was eventful for debt markets, with the Fed setting the rate cycle in motion with a 50 bps cut. It's not only the US Fed; interestingly this quarter imminent global central banks implemented a total of 28 rate cuts, the most since COVID times. Fed dot plot further gives guidance of additional 50 bps rate cut... Read More

Axis Mutual Fund Launches Axis Nifty500 Value 50 Index Fund

Oct 3, 2024 by Axis Mutual Fund

Axis Mutual Fund, one among the fastest growing and prominent fund houses in India, is pleased to announce the launch of its New Fund Offer - Axis Nifty500 Value 50 Index Fund. This open-ended index fund aims to replicate the performance of the Nifty500 Value 50 Total Return Index (TRI). The New Fund Offer (NFO) opens... Read More

Megatrend Investing: Why One Should Have a Systematic Investment Plan (SIP) in Flexi Cap Funds

Oct 1, 2024 by Umang Kumar, Talwars Financial Services

A Systematic Investment Plan (SIP) allows investors to make disciplined, regular investments. When combine with Flexi cap fund which can invests across market capitalizations - large-cap, mid-cap, and small-cap stocks, based on market conditions and the fund manager's discretion. This strategy also aligns well with the... Read More

Kotak Small Cap Fund: Proven Process, Seamless Transition and Stellar Performance

Sep 30, 2024 by Kotak Mutual Fund

The Kotak Small Cap Fund has been a strong performer in the small-cap segment, consistently generating wealth for its investors. Despite a temporary dip, the fund has made a notable recovery over the past six months, re-establishing itself as a top choice for small-cap investors. Over the past two years, the fund... Read More

Aditya Birla Sun Life Mutual Fund launches Target Maturity Fund Investing in India's Top NBFCs & HFCs

Sep 30, 2024 by Aditya Birla Sun Life Mutual Fund

Axis Mutual Fund Announces Name Change for Select Schemes

Sep 27, 2024 by Axis Mutual Fund

Axis Mutual Fund, one of the fastest growing mutual fund houses in India, today announced the renaming of several of its mutual fund schemes, effective from 30th Sep 2024. The changes are part of Axis Mutual Fund’s ongoing commitment to providing investors with clear and concise information about their investments... Read More

FED SETS THE RATE CYCLE IN MOTION WITH 50 BPS CUT

Sep 20, 2024 by Axis Mutual Fund

In a much anticipated decision, the US Federal Reserve (Fed) made significant adjustments to the monetary policy during the FOMC meet. The key action was a 50 bps cut in the federal funds rate bringing it down to a range of 4.75% to 5%. This was the first rate cut since 2020, marking a pivot from the Fed's previous focus... Read More

Axis MF launches AXIS CRISIL IBX AAA NBFC INDEX JUN 2027 FUND

Sep 13, 2024 by Axis Mutual Fund

Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – AXIS CRISIL-IBX AAA NBFC INDEX – JUN 2027 Fund. It is an open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA NBFC Index – Jun 2027, a moderate interest rate risk and relatively... Read More

Households don't create deposits, banks do

Sep 13, 2024 by Axis Mutual Fund

The slow growth in bank deposits has been a matter of concern, particularly as growth in private credit has outpaced deposits for the last two years now. This has largely been attributed to the decline in household savings or to a shift to physical savings or even a shift to alternate financial savings like mutual funds. However, contrary to... Read More

Axis MF: Fixed income outlook September 2024

Sep 5, 2024 by Axis Mutual Fund

Month of August continued to remain positive for the bond markets. It began with significant uptick in US unemployment data, which led to fears of slowdown and increased probability of recession in US, outcome was US bond yields rallied and started pricing in aggressive rate cuts. Fed futures are now pricing in 100 bps cut till Dec 2024... Read More

Kotak Mutual Fund launches Kotak Nifty India Tourism Index Fund

Sep 2, 2024 by Kotak Mutual Fund

Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) today announced the launch of Kotak Nifty India Tourism Index Fund, an open-ended scheme replicating/tracking the Nifty India Tourism Index. The scheme opens for public subscription on September 2, 2024, and closes on September 16, 2024... Read More

Groww Asset Management Ltd Expands Presence with New Office in Ghatkopar, Mumbai

Aug 23, 2024 by Groww Mutual Fund

Groww Asset Management Ltd (Groww AMC) is pleased to announce the opening of its new office in Ghatkopar, Mumbai. This new office, which began operations on 21st August, 2024, marks a significant milestone in the company's strategic expansion across India. The inauguration was attended by key distribution partners from... Read More