Bajaj Finserv Asset Management has introduced the ‘Bajaj Finserv Large and Mid Cap Fund’, a newly launched equity fund aimed at fostering investors’ wealth accumulation through a strategic approach known as ‘Moat Investing’. This open-ended equity scheme is designed to invest in both large-cap and mid-cap stocks, with a focus on leveraging economic moats for …
For long-term wealth creation in India, investing in mutual funds through SIPs (Systematic Investment Plans) has become one of the most prevalent and successful strategies. SIPs give investors the ability to systematically accumulate wealth by allowing them to invest a certain amount into the mutual funds of their choice at frequent intervals, usually every month. …
They say that the rising tide lifts all boats. Amid the ongoing bull run, equity mutual funds jumped in their valuations, so much so that the industry’s overall asset size went higher by nearly 23 percent this calendar year until Nov 30. On Dec 31 last year, total assets under management (AUM) of the mutual fund …
With portfolio rebalancing, you can revert to the original equity and fixed income ratio you started with at the start of the year. The year-end is a good time to review your investment portfolio and rebalance it if required. Let us understand what portfolio rebalancing is, why you should do it, and how to do …
Axis Mutual Fund has revealed the successful accumulation of more than ₹3,400 crores in the Axis India Manufacturing Fund. This thematic fund was introduced to deliver long-term capital appreciation through investments in equity and equity-related securities of companies aligned with the manufacturing theme. From December 01 to December 15, 2023, this new fund offer (NFO) …
December 31, 2023, is a significant deadline for individual mutual fund investors and demat account holders, as mandated by the Securities and Exchange Board of India (SEBI). It is mandatory for these account holders to either furnish nomination declarations or choose to opt out of nominations by this date. If investors fail to nominate their …
The net inflow to equity mutual funds fell to ₹15,536 crore in the month of November from ₹19,957 crore in October, revealed the AMFI (Association of Mutual Funds in India) data for the month of November. The number of systematic investment plans (SIPs) exceeded ₹17,000 crore for the first time. The SIP book for the …
One of the most celebrated cricket commentators Harsha Bhogle recently said…”This is young India at work. Give them a stage and move out. Our generation thinks: don’t lose. This one inhabits a different world. They see victory, opportunity.” While what he said was in the context of the Indian cricket team’s phenomenal test victory over …
Edelweiss Mutual Fund announced the launch of the Edelweiss Gold ETF, an open-ended exchange-traded fund replicating/tracking the domestic prices of gold. The scheme opened for public subscription on November 02, 2023, and will close on November 06, 2023. The scheme re-opens for continuous sale and repurchase not later than November 10, 2023. What kind of …
Before you start investing in the mutual funds, you should ideally examine the past returns of all the schemes that you want to invest into. And since there are a number of ways to calculate the past returns, you should opt for the one that suits you the most. For instance, XIRR and CAGR are …