Top 20 equity mutual funds which offered over 10% in 2024 so far

Top 20 equity mutual funds which offered over 10% in 2024 so far

Most equity mutual fund investors look for best performing mutual fund schemes in a longer horizon, say five and 10 years. ETMutualFunds did some data crunching and found out that around 64 equity mutual funds have offered more than 10% in 2024 so far. We considered the top 20 equity mutual funds. Top two performers … Read more

Top 10 mutual fund houses account for 78% of total AUM. Here’s the full list – Top Contributors

Top 10 mutual fund houses account for 78% of total AUM. Here’s the full list – Top Contributors

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

After Kamath brothers, Nazara to issue Rs 410 crore worth of shares to SBI MF

After Kamath brothers, Nazara to issue Rs 410 crore worth of shares to SBI MF

Diversified gaming and sports company Nazara Technologies on Thursday approved Rs 410 crore preferential issue of equity shares of face value of Rs 4 to SBI Mutual Fund. The company will issue over 57.42 lakh equity shares at a price of Rs 714 per equity on a private placement basis. The funds will be invested … Read more

India setting up $4 billion fund to backstop corporate debt market

India setting up $4 billion fund to backstop corporate debt market

India is setting up a fund worth Rs33000 crore ($4 billion) to provide liquidity to its corporate debt market during bouts of stress, to help stem panic selling and ease redemption pressures, an SBI Mutual Fund executive told Reuters. Asset managers would contribute 10% of the fund, deputy managing director DP Singh said. According to … Read more

MTAR Tech raises Rs 179 crore from 15 anchor investors

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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

It feels like being in right place at right time, says top fund manager

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Will financial markets lead the revival of the real economy from the Covid-19 crisis? A top money manager on Dalal Street spoke of such a possibility this past week, pointing out how the elevated state of the equity market has helped equity and debt raising for Indian corporates wrestling with the disruption caused by the … Read more