HDFC Mutual Fund will change the names of five schemes effective November 18, including HDFC Children’s Gift Fund to HDFC Children’s Fund, and HDFC Gold Fund to HDFC Gold ETF…
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The new fund offer (NFO) for the scheme will open for subscription on November 8 and close on November 22. The scheme will reopen for continuous sale and repurchase within…
Only two equity mutual fund categories, banking and healthcare, offered positive returns in the last month. Helios Financial Services Fund and LIC MF Healthcare Fund were the top performers. Banking…
The Motilal Oswal Midcap Fund has led the returns chart, gaining 44.34% in 2024 so far. Bandhan Small Cap Fund followed closely with a 42.69% return in the same period,…
Axis Mutual Fund has launched a new open-ended target maturity index fund, aiming to provide returns corresponding to the CRISIL-IBX AAA Financial Services Index – Sep 2027. The NFO will…
October proved to be a challenging month for equity mutual funds in India, with over 450 funds posting negative returns. The worst hit were sectoral funds focused on automobiles and…
Manasi Sahay Thakur has been appointed as Director in the Ministry of Housing & Urban Affairs. She is a 2009-batch IAS officer from the Himachal Pradesh (HP) cadre.
You may invest in these schemes with a minimum investment horizon of five to seven years. Look out for our monthly updates where we keep discussing the performance of these…
India is among the top 5 countries by market capitalisation, but its share in the global market capitalisation is between 4-5%. Given this low share, wealth managers feel there is…