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Converting this fund into an open-ended one will give a wider base of investors access to this fund thereby democratizing the IPO opportunities for these investors
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The only way to take advantage of what the funds are able to generate is to stick by them for a long period, says Axis Mutual Fund MD Chandresh Nigam
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High-ranking insider holding is just 0.13% of the Rs 7.93 lakh crore combined assets
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These funds are considered as one of the safest among equity-oriented schemes and also offer superior tax benefits compared to debt funds
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ELSS funds are typically instruments to save tax, however, they may also be beneficial to achieve your long-term financial objectives
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Declining interest rates and search for higher returns is pushing an increasingly bigger section of the population to the stock markets and mutual funds. Mutual funds shield an investor from the direct risk of the stock markets and is becoming increasingly popular with many even withdrawing money from fixed deposits and pumping the money into […]
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Primarily led by liquid, equity, arbitrage, and income funds, the MF industry's AUM scaled new heights to reach Rs 32.4 lakh crore in April
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SBI Mutual Fund also took fresh positions in Amara Raja Batteries, Barbeque Nation, Cera Sanitaryware, Fortis Healthcare, Hindustan Copper and Fortis Healthcare.
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A monthly SIP of Rs 1,500 from 25 years will create a corpus of about Rs 2.5 crore when you retire
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Post-COVID a large number of investors have gone digital and doing investments on their own, the survey found.