Axis Mutual Fund (MF) has launched a new equity-oriented scheme that would invest in companies demonstrating sustainable practices across the ESG (environmental, social and governance) theme. This will be the third open-ended equity scheme in the industry following the ESG...
In December 2019, Crompton Greaves Consumer Electricals and Maruti Suzuki were the most preferred stocks of Indian mutual funds. The net purchases of Crompton Greaves Consumer Electricals were Rs812 crore. ICICI Bank and ITC were the most sold stocks. The net sales of ICICI Bank were Rs767...
It is that time of the year when salaried employees search for a good tax-saving investment options. One of the best products for this has been equity-linked savings scheme (ELSS) offered by mutual fund houses. ELSS has the lowest lock-in period of three years; the earnings are taxed at a low...
The Association of Mutual Funds in India (AMFI) recently released the latest data on the flow of funds into mutual fund (MF) schemes. In December 2019, we saw a revival in net inflows into equity schemes which had declined sharply in November 2019. Equity funds netted Rs4,499 crore in the...
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory
