Parag Parikh Long Term Equity Fund: Fund review
Close to 65.5% of the scheme’s portfolio is invested in well-placed large-sized or bluechip companies in India.
Godrej Fund Management to invest Rs 700 crore in Century’s commercial project
The proposed investment will be in a commercial project in north Bengaluru spread over 10 acres with a development potential of 2-3 mn sft. “The deal is in the final stage of closure and will mark GFM’s foray in the commercial market in Bengaluru,” said a person aware of the deal.
ITI Mutual Fund launches ITI Balanced Advantage Fund
The fund will follow a multi cap strategy for equity investments and for the debt component, the fund will invest only in high quality debt instruments up to three years residual maturity.
SIP collections hit all-time high, Equity MF inflows at 41-month low
Fall in equity mutual fund inflows could be due to profit booking as indices trade at record levels, say experts.
Why this fund manager is betting against consumption
We are cautious on the consumer space, where we think valuations are stretched specifically with the consumer staples pack. Between the consumer staples and consumer discretionary pack, there is still some upside left on the consumer discretionary side. But we are fairly cautious on the staples pack. On the consumption basket, we continue to be cautious on the auto sector.
Mutual Funds' asset base hit all-time high of Rs 27 lakh crore on debt fund inflows
The 44-player industry logged an assets under management (AUM) of Rs 26.33 lakh crore in October-end, compared to Rs 27.04 lakh crore by November end, representing a growth of 3 per cent, according to data from Amfi.
ABSL Mutual Fund launches Aditya Birla Sun Life PSU Equity Fund
The scheme will invest predominantly in companies where the government is a majority shareholder with at least 51% shareholding.
Lumpsum flows in Mutual Funds slow down in November, but SIPs in high gear
Inflows into equity schemes hit a 41-month low of Rs 1,312 crore, but monthly collections through systematic investment plans (SIP) hit an all-time high of Rs 8,273 crore. And these coincided with the two biggest equity indices hitting records.
50% equity mutual funds underperform their benchmark in 2019
Though 2019 numbers show some improvement over 2018, the average returns from all the mutual fund categories can still frustrate most mutual fund investors.
Principal Mutual Fund launches mid cap fund
The newly launched Principal Midcap Fund offers features like SMART and My Gain, enabling investors to stagger their investments according to market conditions.
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
AkzoNobel focus on managing margins as that keeps us healthy in long term: Thierry Vanlancker
The AkzoNobel India team is executing pretty perfectly what they have been asked to do to restrain themselves and work on the fundamentals to have a much healthier base for the future. Taking a bit of a pause in two years to get everything reset is probably not a bad thing to do. It is a healthy thing to do.
Only 50% of rich men’s wealth managers made money on D-Street in Nov rally
As many as 14 schemes in the multicap space delivered over 1.50 per cent return to investors.
Here's what debt fund managers say about the RBI rate pause
The RBI on Thursday surprised the money market by keeping the repo rate unchanged. The market participants were expecting a 15-25 basis points cut in the key policy rates.
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