Bajaj Finance delivered a strong operational performance in the second quarter of FY26, posting a 24% year-on-year (YoY) jump in Assets Under Management (AUM) to approximately Rs 4,62,250 crore, up from Rs 3,73,924 crore as of 30 September 2024. The company’s deposit book expanded by 5.4% to around Rs 69,750 crore, compared to Rs 66,131 … Read more
The B30 locations tend toward equity assets. Nearly 76.77% of the assets from B30 locations were in equity schemes and 9.27% in balanced schemes as of June 2025. Close to 11.47% of the assets from B30 locations were in debt-oriented schemes, while the corresponding figure from T30 locations stood at 30.98%, according to a press … Read more
The SBI Long Term Equity Fund, formerly known as the SBI Magnum Taxgain Scheme, is an Equity Linked Savings Scheme (ELSS) offered by India’s largest fund house. With a history of 32 years, this tax-saving fund is one of the oldest of its kind in India, featuring a 3-year lock-in period and tax benefits for … Read more
Motilal Oswal Private Wealth (MOPW) has issued a recommendation for investors to pursue lump sum investments in Hybrid and large-cap funds. This guidance comes in response to the recent market corrections which have seen large-cap valuations fall below their 10-year average. The advisory reflected the firm’s strategic outlook amidst ongoing consolidation in the Indian equity … Read more
Domestic indices have been undergoing a free fall for the past few sessions consecutively. The Indian equity market saw another day of losses, with the Nifty index logging its longest losing streak on record, falling for the tenth consecutive session. The Nifty ended down by 37 points, closing at 22,083, while the Sensex slipped by … Read more
360 ONE Mutual Fund (formerly known as IIFL Mutual Fund) introduced the 360 ONE Gold ETF on February 20, 2025. This open-ended exchange-traded fund (ETF) is designed to mirror returns linked to domestic gold prices while accounting for potential tracking errors. The NFO, which monitors gold prices within the country, will be accessible until February … Read more
The recent downturn in equity benchmarks has had a significant impact on the annual returns of equity investments in the National Pension System (NPS), which have now decreased to 10.89% as of February 1, based on the latest data from the Pension Fund Regulatory and Development Authority (PFRDA). The decline in benchmarks by over 10% … Read more
HDFC Securities, a leading broking firm and subsidiary of HDFC Bank, has announced that its Total Asset Under Management (AUM) for mutual funds has surpassed the Rs 25,000 crore mark. This significant milestone is a testament to the company’s commitment to helping customers achieve their long-term financial goals through disciplined investing and consistent savings, according … Read more
Silver ETFs: In 2024, Silver ETFs have become a favored investment choice, experiencing significant growth in assets under management. A study conducted by ICRA Analytics reveals that Silver Exchange Traded Funds (ETFs) have shown impressive performance, surpassing that of gold ETFs over the past year. Silver ETFs have generated returns of up to 32.49% in the … Read more
National Pension System: The latest data from PFRDA shows that the average annual returns on National Pension System (NPS) funds invested in equity schemes dropped to 26.6% as of November 30, due to the recent decline in benchmark equity indices in October—November 2024. This is a significant decrease from the nearly 40% return recorded on … Read more