Mutual funds made easy: JanNivesh SIP offers Rs 250 SIPs. Here’s how to start investing

Mutual funds made easy: JanNivesh SIP offers Rs 250 SIPs. Here’s how to start investing

SBI Mutual Fund, in partnership with the State Bank of India, has introduced JanNivesh SIP, a micro-investment initiative aimed at making mutual funds accessible to first-time investors and small savers across rural, semi-urban, and urban regions. By lowering the entry barrier, the scheme seeks to drive financial inclusion and encourage disciplined investing. JanNivesh SIP offers … Read more

NFO alert: SBI Nifty Bank Index Fund, Baroda BNP Paribas Energy Opportunities Fund launched; check details for investment

NFO alert: SBI Nifty Bank Index Fund, Baroda BNP Paribas Energy Opportunities Fund launched; check details for investment

NFO investment: SBI Mutual Fund has introduced SBI Nifty Bank Index Fund, an open-ended scheme designed to replicate the Nifty Bank Index. This scheme’s New Fund Offer (NFO) period commences on January 20, 2025, and concludes on January 31, 2025.  The Nifty Bank Index includes up to 12 companies listed on the National Stock Exchange … Read more

How to invest money in 2025: Ruchit Mehta of SBI Mutual Fund explains

How to invest money in 2025: Ruchit Mehta of SBI Mutual Fund explains

The pharmaceutical and healthcare sector delivered superlative returns to investors in the ongoing calendar year till December 24. With a rally of nearly 40%, the BSE Healthcare index emerged as the top gainer on the exchange. It was followed by BSE Realty (up 35%) and BSE Consumer Durables (up 28%). Market watchers believe that the … Read more

SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore

SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore

SBI Mutual Fund (MF) and Tata MF on Wednesday bought shares of Ratnamani Metals & Tubes for Rs 262 crore through open market transactions. According to the block deal data available on the National Stock Exchange (NSE), SBI Mutual Fund purchased 7.55 lakh shares, while Tata MF picked 30,000 shares, amounting to a combined 1.12 … Read more

Mutual funds: SBI Infrastructure Fund, SBI Long Term Equity, SBI Contra Fund under focus; check returns

Mutual funds: SBI Infrastructure Fund, SBI Long Term Equity, SBI Contra Fund under focus; check returns

Mutual funds remain a top choice for wealth building in today’s diverse investment landscape. They provide benefits such as diversification, liquidity, and the potential for attractive returns. SBI Mutual Fund, a pioneer in the mutual fund industry, offers a variety of mutual fund schemes that have proven to be beneficial for investors looking to build … Read more

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

SBI Balanced Advantage Fund, which is an open-ended dynamic asset allocation fund managed by SBI Mutual Fund, has successfully completed three years of existence in the market. Introduced in August 2021, the SBI Balanced Advantage Fund witnessed record-breaking collections of over Rs. 14,600 crores during its New Fund Offer. The investment objective of the scheme … Read more

These mutual fund houses were sitting with over Rs 10,000 crore cash in May – MF Watch

These mutual fund houses were sitting with over Rs 10,000 crore cash in May – MF Watch

Jun 23, 2024, 02:20:38 PM IST Around four mutual fund houses had cash allocations of more than Rs 10,000 crore in their portfolio as of May 2024. Here is the break-up, according to data from ACE MF. iStock The largest fund house had a cash allocation of Rs 27,070 crore in their portfolio as of … Read more

Indegene IPO shares to debut tomorrow. Here’s what GMP indicates

Indegene IPO shares to debut tomorrow. Here’s what GMP indicates

The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors. The company’s shares are trading with a GMP of Rs 290 in the grey market, and considering the upper price band of Rs 490, the stock is expected to list with a … Read more

These 7 mutual funds held over Rs 5,000 crore cash in March – ​Cash Pile

These 7 mutual funds held over Rs 5,000 crore cash in March – ​Cash Pile

Apr 16, 2024, 06:25:52 PM IST At the end of March, the total cash holding of all equity-based mutual funds stood at Rs 1.33 lakh crore, at 4.71%. Here is the list of seven mutual funds who were sitting on over Rs 5,000 crore cash pile, according to data by ACE MF. iStock The largest … Read more