Harish Bihani, Senior Fund Manager, Kotak Mutual Fund, says, there are themes, and stocks that will do well long term in India but there is no FOMO in those themes today. Maybe one should get into those themes a little early and these should do well over the next 3, 5, and 10 years. We … Read more
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
MUMBAI: Shyam Metalics and Energy raised Rs 270 crore from anchor investors on Friday, ahead of its initial public offer (IPO) on Monday. The company has allotted 88.21 lakh shares to 21 anchor investors at Rs. 306 per share in a pre-IPO anchor issue, , it said in an exchange filing The company allotted 60.45 … Read more
After the onset of Covid-19, investors rushed to safety as they believed large companies would be better positioned to gain market share and cut costs. Synopsis With the Sensex and Nifty at all-time highs, mid- and small-cap shares appear better poised to outperform. Mumbai: Investors could lock in a portion of their profits in large … Read more
As the Sensex and Nifty maintained its winning streak, mutual fund managers in September focused on themes with earnings predictability. Leading fund houses raised their holdings in recent outperformers– technology and healthcare– to the highest in recent times. According to an analysis of domestic brokerage Motilal Oswal, Indian mutual funds’ exposure to technology stocks rose … Read more