“There are some global factors as well that what is the trajectory of China’s stimulus, so that has been one of the key factors, which in the last year, when some of the FIIs might have thought about China also as an investment class. But after that, again, China has corrected as well,” says Shreyash … Read more
Axis Mutual Fund has launched the Axis CRISIL-IBX AAA NBFC Index – June 2027 Fund, an open-ended Target Maturity Index Fund. It invests in the constituents of the CRISIL-IBX AAA NBFC Index – June 2027, featuring moderate interest rate risk and relatively low credit risk. The scheme’s maturity date is June 30, 2027. The new … Read more
The Securities and Exchange Board of India (SEBI) is reportedly probing alleged irregularities in the management and investment practices of Quant Mutual Fund. A search and seizure operation was conducted at locations in Mumbai and Hyderabad, according to a Moneycontrol report. Quant dealers and people connected with the case were questioned on Friday, the report … Read more
The fund house has 87 mutual fund schemes. Here are its top 10 stock holdings, according to a report by Motilal Oswal Financial Services. Source link
The top 10 mutual fund houses based on the total AUM account for around 78% of the total AUM. The total AUM of the mutual fund industry was Rs 54.02 lakh crore as of January 31, 2024, according to data by ACE MF. The other 34 mutual fund houses account for 22%. Here’s the list: … Read more
“I think if you are looking at comparison to emerging markets, Indian market valuation is still a bit higher as compared to the other emerging markets. And hence, if you see, last 12 months we would have underperformed as a market as compared to other markets,” says Jinesh Gopani, Axis Mutual Fund. Let me start … Read more
NEW DELHI: Axis Bank shares were under heavy selling pressure on Friday amid rumours of a scam in its subsidiary Axis Mutual Fund. The stock plummeted over 4 per cent on BSE. Media reports said the mutual fund arm of the lender removed Viresh Joshi, head trader and fund manager, from the fund management team … Read more
MUMBAI: Hyderabad based precision engineering solutions company MTAR Technologies has raised Rs. 180 crores from 15 anchor investors ahead of its initial public offer (OFS) which will open for subscription on Wednesday. The company has allocated 31.11 lakh shares at Rs. 575 per share on March 2, to the anchor investors. The anchor book, according … Read more
There is a lot of value in the longer end of the curve as these situations normalise, says R Sivakumar, Head Fixed Income. Bond yields have corrected below that 6% level post RBI’s Operation Twist and the HTM limit relaxation as well. What is it that your outlook is on some of these measures and … Read more