Wed, Jul 10, 2024
What are index mutual funds?: As the name suggests, index mutual funds follow a certain index, e.g., Nifty 50, Nifty 100, or BSE 500. They invest their money in the same companies that their parent index follows. If it's a Nifty 50 index mutual fund, it will invest in the same firms and in the same proportion as the Nifty 50 index has done. If some companies drop out of the index and are replaced by new ones, the index mutual fund will also change the proportion.
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Mon, Jul 08, 2024
As per Association of Mutual Funds in India (AMFI) classification, a large-cap mutual has to invest 80 per cent of its money in large-cap stocks. The large-cap mutual fund as a category has grown 39.60 per cent return in the one year, 18.71 per cent in the three years, and 17.70 per cent in the three-year period, as per Value Research data as on July 8, 2024.
Fri, Jun 07, 2024
Top 5 ETF Mutual Funds: Exchange-traded fund are mutual funds that are traded like stocks. One needs Dmat account to trade ETFs. According to the Association of Mutual Funds in India (AMFI), ETFs track an index, a commodity, bonds, or a basket of assets like an index fund.
Wed, May 22, 2024
SIP gives compound growth to investors that increases their money many folds of they stick to their investments in the long term. SIP also provides rupee cost averaging.
Mon, May 20, 2024
Association of Mutual Funds in India (AMFI) data month after month shows that systematic investment plans (SIPs) are gaining popularity over the lump sum mode of mutual fund investment. In SIP, one can invest as little as Rs 100 a month.
Fri, May 03, 2024
Bulk Deals: HDFC Mutual Fund on Thursday (May 2, 2024) purchased 11.33 lakh shares, or 1.02 per cent stake, at Rs 1,800 per share in Cyient. The size of the deal is Rs 204.10 crore.
Fri, Feb 23, 2024
Mutual Fund NFO: ICICI Prudential Mutual Fund has opened the subscription for its Large Midcap fund. It's an open ended scheme with high risk. The objective of the scheme is to invest in companies whose securities are included in the Nifty LargeMidcap 250 Index. The subscription in the fund is open till March 7.
Thu, Jan 03, 2019
The assets under management (AUM) of HDFC MF have grown over 9 per cent in October-December quarter from the previous three-month period, however, ICICI Prudential MF's AUM slipped by 0.6 per cent during the period under review.
Wed, Jan 04, 2017
The assets under management (AUM) of the Indian mutual industry are expected to touch Rs 20 lakh crore soon, said a top official of Reliance Nippon Life Asset Management Ltd. (Reliance Mutual Fund).
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