The new fund offers of both closed-end scheme opened today and will close today as well. Minimum investment will be Rs 1,000 and in multiples of Rs. 10. The tenures of the two plans are 91 days and 1,110 days
Capital markets regulator Sebi on Tuesday barred 21 entities, including Axis Mutual Fund's former fund manager Viresh Joshi, from the securities market in connection with the front-running case at the fund house
The ideal strategy to build your retirement corpus would be to invest in a mix of debt and equity instruments. Here are a few equity and debt options you can choose from to build your retirement corpus
Investors continue to invest in a disciplined manner, countering the volatility in stock markets arising out of Foreign Portfolio Investor (FPI) outflows
Linking your PAN with your Aadhaar and submitting your selection of nominations for your mutual fund portfolio is a must before March 31, 2023. Failure to do so could lead to your mutual fund investments becoming frozen or...
SBI Dividend Yield Fund will invest in a mix of equity and equity-related instruments of divided yielding companies. New fund offer will close on March 6, 2023. Minimum investment is Rs. 5,000 and in multiples of Re. 1
You cannot predict the stock market, and neither should you try to time the market. That said, there are certain cues you could follow to smartly buy and sell your equities and reap in the profits
Experts attributed the higher fund mobilisation in 2021 compared to 2022 to factors like conducive capital market conditions and high optimism of investors leading to a steep bullish streak.
The new plan will allow the investor to withdraw a regular sum from their investment at a fixed percentage and on a fixed date of their choice irrespective of...
Sebi has invited expressions of interest from forensic auditors who are capable of auditing mutual funds, asset management companies and trustee companies
Additionally, the regulator has suggested to enhance the accountability of board of asset management company
The inflows into equity funds came in even as Foreign portfolio Investors (FPIs) remained net sellers for the month
In the previous session on Friday, the rupee settled at 82.08 against the US dollar
Issuing a clarification to its earlier circular, IRDAI said investments in any single mutual fund should not exceed 20 per cent of the total investment in...
From January 27, Indian equity markets moved to a T+1 settlement cycle for all stocks, shortening the settlement cycle by a day and making the availability of...
The number of mutual fund accounts grew by 17 per cent as of December 2022 on a yearly basis. Equity was the top-draw for retail investors, while the high...
The expense ratio could be either 1.25 per cent or 1.50 per cent, if the AUM is Rs 50,000 crore.
Mutual fund investors will soon benefit from faster redemption settlement for equity mutual funds, as Amfi announces T+2 redemption payment cycle for equity...
At present, funds are transferred to the investor's bank account within 3 days after the completion of the redemption process
This was way higher than a net withdrawal of Rs 34,545 crore from the segment in 2021, the Association of Mutual Funds in India (Amfi) data showed
The fund will invest in equity and equity-related securities across large-, mid- and small-cap stocks. New fund offering will remain open till January 24,...
The industry grew at a slower pace in 2022, mainly due to global headwinds, including the Russia-Ukraine war, supply chain bottlenecks and a decadal high...
This is a mid-cap focused fund that will invest in companies with high growth potential. NFO will remain open till December 30, 2022. Priced at Rs 10 per unit...
Net inflow in equity-oriented schemes was the lowest in November since April 2021, but SIP numbers were still strong at 21,77,629 new additions.
This also marks the 21st straight month of inflows into equity schemes
