Nippon India Large Cap Fund targets long-term growth through top 100 large-cap stocks, offering consistent returns and sectoral balance for investors with moderate to high risk appetite.
2 min read21 May 2025At least nine aggresive hybrid mutual funds have delivered moe than 21 percent annualised return in the past five years.
2 min read20 May 2025India's mutual fund industry experienced significant growth in FY25, according to an Amfi-Crisil report, with investors committing to longer terms despite market fluctuations and showing an increasing sophistication.
3 min read20 May 2025The Nifty 500 Momentum 50 Index selects 50 stocks based on momentum factors from the Nifty 500 Index. It aims for high-performing stocks while ensuring diversification. This index appeals to growth-oriented investors seeking to capitalize on upward price trends across various sectors.
10 min read20 May 2025ICICI Prudential Bluechip Fund has delivered an annualised return of 14.98 percent since the launch of this scheme
1 min read19 May 2025Mutual Funds: The increase in assets under management (AUM) was also attributed to net inflows summing up to ₹8.15 lakh crore during fiscal 2025, with number of folios rising to an all-time high at end-March 2025.
2 min read19 May 2025A recent ruling offers tax relief to NRIs on capital gains from mutual fund sales under certain tax treaties, but conditions must be met and documentation is key.
4 min read19 May 2025Asset management companies braved a worrying March quarter as profit declined amid market corrections. But despite the short-term challenges, analysts are optimistic for FY26, predicting resilient mutual fund inflows.
3 min read19 May 2025Around seven focused mutual funds have delivered over 25 percent return in the past five years.
1 min read16 May 2025Number of discontinued SIPs (systematic investment plans) crossed 1.62 crore in April 2025, whereas the corresponding data for March stood at 51.55 lakh and at 54.7 lakh in February.
2 min read16 May 2025The 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
On 24 February, Mint first reported, citing people familiar with the developments, that Blu-Smart Mobility, Anmol Jaggi’s privately-owned electric cab-hailing service, had defaulted on Rs 30 crore worth of bonds in early February because of a cash crunch. The company subsequently paid non-convertible debenture (NCD) holders. (Even before this development, another Mint story on 4 February had spotlighted Gensol's shareholding pattern: In September 2022, Hari Shankar Tibrewala had invested in the company, part of whose stake was taken into possession by the Government of India in late 2024.) Just 10 days after we wrote about the news of Blu-Smart facing a cash crunch, things turned worse for Gensol when Care Ratings downgraded the company to default. The rating agency's action marked the start of a downward spiral for the company, which then saw its share prices crash, leading to the invocation of promoter shares and raising questions on corporate governance. Finally, on 15 April, the market regulator, the Securities and Exchange Board of India, in an interim order, minced no words when it barred the Jaggi brothers from being at the helm and ordered Gensol to undertake a forensic audit on money siphoning. Here’s a list of all these stories by Mint to understand how the company, once the poster boy of renewable energy and EV space, unravelled.