Funds News
Compounding: Investing ₹6,000 a month since inception in this mutual fund would have grown to ₹1.1 crore in 20 years
Tata Equity PE Fund is a value mutual fund launched on June 29, 2004. Value funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked, as per the Sebi’s categorisation of Mutual Funds.
2 min read5 Dec 2024Banking reforms need to get a lot more ambitious for the economy’s sake
The amendments of Indian banking laws passed by the Lok Sabha are welcome, but this sector needs a structural shift. Much more credit must go to small needy businesses, while big firms raise funds by issuing bonds. This reformist agenda is crying out for action.
2 min read5 Dec 2024NFO Alert: SBI Mutual Fund launches Quant Fund — all you need to know
SBI Mutual Fund launched the SBI Quant Fund, an open-ended equity scheme focusing on long-term capital appreciation through quantitative analysis. The NFO is open until December 18, requiring a minimum investment of ₹5,000.
2 min read4 Dec 2024Australia’s Cbus Lacked Proper Expense Procedures, Deloitte Says
Cbus Super, one of Australia’s largest pension funds, lacked proper procedures to ensure key expenses decisions were made in the best financial interests of its members, according to an independent review by Deloitte.
1 min read4 Dec 2024This 23-year-old distributor is making mutual funds ‘sahi’ for the hearing impaired
Six hearing-impaired people told Mint they’ve never come across a guide to mutual funds in sign language. Rahul Gala, perhaps India’s only hearing-impaired mutual fund distributor, is looking to change that.
5 min read3 Dec 2024Quant hires mutual fund industry outsider as next CEO
Set to join in April 2025, the new CEO is from a global financial conglomerate, a source said, as the mutual fund company looks to split its CEO and CIO functions.
2 min read3 Dec 2024Emergency Fund vs. Personal Loan: Which option is best for your financial crisis?
Personal Loan: An emergency fund is crucial for covering unexpected expenses without resorting to high-interest personal loans. It provides financial security during crises like medical emergencies, job loss, or urgent repairs, allowing individuals to manage their cash flow effectively.
3 min read3 Dec 2024Indian real estate attracts ₹75,500 cr investment from AIFs; highest among all sectors: Anarock
Indian real estate attracts ₹75,500 cr investment from AIFs; highest among all sectors: Anarock
2 min read2 Dec 2024Best Mutual Funds: These balanced advantage funds managed to beat the benchmark index in the past 5 years
Best Mutual Funds: These 5 balanced advantage funds including Baroda BNP Paribas Balanced Advantage Fund and Edelweiss Balanced Advantage Fund have managed to beat the benchmark index in the past five years
2 min read1 Dec 202415 NFOs lined up while the market is on a downswing. Should you invest now?
Some of the new sectoral/thematic funds rolled out by fund houses include Momentum Fund by Axis, Business Cycle fund by DSP, equity minimum variance fund by ICICI Prudential, active momentum fund by Union and select business groups fund by Tata AMC
2 min read28 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared