Nippon India Mutual Fund has revised its subscription limits for Nippon India Small Cap Fund, effective from Friday, i.e., August 16, 2024. Among the new changes, the daily investment limit for new Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) will shift from Rs 50,000 per day per PAN to Rs 50,000 per transaction … Read more
Jun 16, 2024, 12:11:05 PM IST Nippon India Mutual Fund manages assets under management totaling Rs. 4.93 lakh crore as of May 2024 and oversees 189 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services. ETMarkets.com Nippon India MF had the … Read more
In February, mutual funds were sitting on Rs 1.33 lakh crore cash. Seven of them have allocated over Rs 5,000 crore cash in February, according to data by ACE MF. Source link
With the Indian markets trading at 18-19 times price-to-earnings multiple, the scope for re-rating is limited, said Sailesh Raj Bhan, chief investment officer-equity at Nippon India Mutual Fund. In an interview with Prashant Mahesh, Bhan said there are buying opportunities in segments like manufacturing, engineering, banking, consumer staples and pharma. Edited excerpts: What will be … Read more
MUMBAI: GE Power India’s shares have been caught in a downward spiral in the past week after its parent’s decision to exit the thermal power business, prompting sharp analyst downgrades. The stock, which dropped 10% to Rs205.40 on Friday, has plunged 47% in the past five trading sessions.During the investors’ call on October 23, GE … Read more
Mumbai: The healthcare index hit a record high on Friday led by a rally in sector majors Lupin, Dr Reddy’s Laboratories and Cipla on the back of positive news flow. The sector will remain a market favourite due to earnings visibility, which does not exist for most sectors currently because of the pandemic. Analysts said … Read more
By Sundeep Sikka It is often said that ‘one must not hold all their eggs in the same basket.’ This quote point towards the benefits of diversification or to the fact that different asset classes tend to react differently to macroeconomic events. For example, a stimulus relief package maybe a booster for economic growth and … Read more