Sharing a WhatsApp forward listing individual award winners from the recently concluded IPL season—none from RCB—Nilesh Shah of Kotak Mutual Fund highlighted on social media that, just like in investing, the overall portfolio matters more than individual stocks. He posted on the social media platform X that, “WhatsApp forward. Creator: unknown. Message: Profound Orange cap … Read more
Eight mutual fund NFOs, including index funds, ETFs, and liquid schemes, are set to open this week, offering investors diversified options across sectors like healthcare, IT, midcaps, arbitrage, and PSEs. Source link
Edelweiss Mutual Fund has crossed Rs 1.50 lakh crore of AUM, the CEO Radhika Gupta posted on social media, observing that milestones aren’t the end, they are the moments that reassure, energize and inspire. Rs 1.5 lakh crore of AUM reflects the strength of our foundation and confidence in our future, the fund house said. … Read more
Three mutual fund NFOs launch this week across flexi cap, thematic, and index categories, offering varied options for investors. Source link
When investing in debt mutual funds, one of the most important — and often misunderstood — indicators is Yield to Maturity (YTM). For many investors, YTM is just a number on a factsheet. But understanding what it truly means can help you make better decisions, especially when comparing different debt funds. What is Yield to … Read more
DSP Mutual Fund has launched its new open-ended scheme, the DSP Silver ETF Fund of Fund, designed to offer investors a convenient and structured way to gain exposure to silver through the mutual fund route.The new fund offer or NFO of the scheme is open for subscription and will close on May 9. The scheme … Read more
The fund house increased its stake in 350 stocks which includes Eternal, HDFC Bank, Jio Financial Services, RIL, Shree Cement, Tata Motors, Adani Green Energy, Eicher Motors, Tata Elxsi, ONGC, Petronet LNG, PNB Housing Finance, ACC, HFCL, and Zydus Lifesciences. Source link
The short-term capital gains amounting to Rs 1.35 crore, arising from the redemption of mutual fund units, are not taxable in India for the Non-Resident Indian (NRI) investors under the India-Singapore tax treaty. This came as a relief for the NRI investors as the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) eased out … Read more
The market regulator, Sebi, in order to protect investors’ and to safeguard investor interests, has directed its efforts towards minimizing the creation of Unclaimed Assets (UA) in the securities market. These measures shall come into effect from April 1, 2025, according to a circular released by Sebi. Also Read | MF Tracker: Kotak Emerging Equity … Read more
National Pension System (NPS) equity funds have yielded up to 16% returns in three years. UTI Pension Fund led with 15.80%, followed by Kotak (15.58%) and ICICI Prudential (15.41%). Other top performers include HDFC, ABSL, LIC, and SBI Pension Funds. Source link