MF Lite: Sebi floats framework for passive mutual funds schemes; check details

MF Lite: Sebi floats framework for passive mutual funds schemes; check details

The Securities and Exchange Board of India (SEBI) has recently launched the Mutual Funds Lite (MF Lite) framework to streamline compliance for entities launching passively managed mutual fund schemes. This initiative aims to enhance investment diversification and facilitate the entry of new players into the mutual fund industry. What is Mutual Fund Lite? Mutual Fund … Read more

Crorepati formula: Rs 10,000 SIP in these funds can give you Rs 1 crore + tax benefits; check details

Crorepati formula: Rs 10,000 SIP in these funds can give you Rs 1 crore + tax benefits; check details

An Equity-Linked Savings Scheme (ELSS) is a type of mutual fund that provides tax benefits under Section 80C of the Income Tax Act, 1961. By investing in ELSS, individuals can avail tax deductions of up to Rs 1.5 lakh annually. ELSS mutual funds have the potential to generate higher returns compared to other Section 80C … Read more

NPS: Market fall in October, November eroded more than 30% equity gains in NPS kitty

NPS: Market fall in October, November eroded more than 30% equity gains in NPS kitty

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

Mutual funds: How multi-sector funds can help investors navigate market dips; here’s some advice

Mutual funds: How multi-sector funds can help investors navigate market dips; here’s some advice

In the last one month, domestic stock markets have experienced a significant decline due to weak Q2 results and substantial selling by foreign investors. The Sensex and Nifty have dropped almost 10% from their highs, leaving investors uncertain about the best course of action during this market downturn. Despite the challenges, the mutual fund industry … Read more

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

SBI Balanced Advantage Fund, which is an open-ended dynamic asset allocation fund managed by SBI Mutual Fund, has successfully completed three years of existence in the market. Introduced in August 2021, the SBI Balanced Advantage Fund witnessed record-breaking collections of over Rs. 14,600 crores during its New Fund Offer. The investment objective of the scheme … Read more

Bajaj Housing looks well placed to benefit from rising housing demand

Bajaj Housing looks well placed to benefit from rising housing demand

Issue dates: September 09-11, 2024Issue price: Rs 66-70Issue size: Upto Rs 6,560 croreImplied market cap: Upto Rs 58,297 croreFace value: Rs 10Lot size: 214 sharesRetail portion: 35% Bajaj Housing Finance (BHFL), the country’s second largest mortgage lender after LIC Housing Finance, plans to raise Rs 3,560 crore through fresh issue of shares to augment the … Read more

Mutual funds: Thematic, sectoral funds have been in focus of investors. Should you invest?

Mutual funds: Thematic, sectoral funds have been in focus of investors. Should you invest?

Mutual fund investment: In the year 2024, sectoral and thematic funds have emerged as the focal point in the investment landscape, capturing 42% of the total active mutual fund inflows. This surge in interest is primarily driven by domestic investors, notably retail investors, who are displaying a significant penchant for sectoral and thematic funds. As of … Read more

Index Funds see a 12-fold surge in total retail folios, AUM more than Rs 2.13 lakh cr: Zerodha report

Index Funds see a 12-fold surge in total retail folios, AUM more than Rs 2.13 lakh cr: Zerodha report

Index Funds, of late, have seen a significant surge with retail investors actively buying them. During the post-Covid period, the number of retail investment accounts in index funds observed a substantial 12-fold increase, as per an analysis conducted by Zerodha Fund House. The total number of retail folios in index funds surged from 0.5 million … Read more

These mutual fund houses were sitting with over Rs 10,000 crore cash in May – MF Watch

These mutual fund houses were sitting with over Rs 10,000 crore cash in May – MF Watch

Jun 23, 2024, 02:20:38 PM IST Around four mutual fund houses had cash allocations of more than Rs 10,000 crore in their portfolio as of May 2024. Here is the break-up, according to data from ACE MF. iStock The largest fund house had a cash allocation of Rs 27,070 crore in their portfolio as of … Read more