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
Around 30% equity mutual funds have offered over 20% CAGR in the last three and five-year horizons. There were around 197 schemes that have completed five years of existence in the market. Bandhan Core Equity Fund delivered over 20% CAGR in the mentioned periods. The scheme gave 22.74% and 20.06% CAGR in the last three … Read more
Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch stated on Friday that there is “no need” for the regulatory body to issue a statement regarding the recent significant corrections observed in small and midcap stocks. Reflecting on her remarks from March last year concerning elevated valuations in these segments, Buch noted that … Read more
Around 10 companies saw the highest increase in mutual fund holdings in percentage terms in December, according to a press release by Prime Database. Here is the list of companies: Source link
Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech, Hindustan Aeronautics, and Mphasis, indicating a shift in investment strategies. Source link
Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, has made a complete exit from Mazagon Dock from its portfolio in January and has reduced its stake in Cochin Shipyard and HUDCO before Budget.Around 4.21 lakh shares of Mazagon Dock were sold from the portfolio in January. The small cap fund reduced … Read more
Seven mutual fund NFOs are open for subscription now. Mutual funds offer new products to complete their bouquet of offerings. (Source: ACE MF) Source link
Mutual funds have become a popular investment vehicle for individuals seeking to diversify their portfolios and achieve financial goals. Among the various investment options and strategies available within mutual funds, the One-Time Mandate (OTM) stands out as a versatile tool for investors. A One-Time Mandate (OTM) is a directive given by an investor to a … 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