In September 2021, Sbi Cards & Payment Services  and Max Healthcare Institute were the most preferred stocks of Indian mutual funds. The net purchases of Sbi Cards & Payment Services were Rs1,142 crore. Bharti Airtel and Indian Railway Catering and Tourism Corporation were the most sold...

Read More

ICICI Prudential Asset Management Company (AMC), the asset manager to ICICI Prudential Mutual Fund, has floated a new open-ended, small-cap index scheme. The ICICI Prudential Smallcap Index scheme seeks to track returns by investing in a basket of Nifty Smallcap 250 Index stocks and aims to...

Read More

NJ Mutual Fund has launched its maiden scheme called NJ Balanced Advantage Fund (BAF), an open-ended dynamic asset allocation scheme. The group, which is known for its might in distributing mutual fund (MF) products, received approval from Securities and Exchange Board of India (SEBI) in...

Read More

Mutual funds (MFs) have been a popular investment option in India but people tend to overlook MF nomination which involves appointing a person to take charge of the investments in the event of the investor’s death. If there is one thing that we have learned from last year’s events, it is the...

Read More

The stock market continues to climb higher and it is only natural that many investors are worried about the next decline. While investors know that equities are risky and move up and down with the market, they would like to know if their mutual fund (MF) scheme would suffer a larger drawdown...

Read More

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                              

Read More

Mahindra Manulife Investment Management, the asset manager of Mahindra Mutual Fund (MMF), has launched a new fund-of-funds (FoF) scheme that will take exposure to real estate investment trusts (REITs) in the Asia-Pacific region.   The FoF scheme will invest abroad in a sub-fund –...

Read More

Mutual fund (MF) registrar and transfer agents (RTAs) KFin Technologies Pvt Ltd  (KFintech) and Computer Age Management Services (CAMS) Ltd yesterday launched an MF transaction portal called MF Central. This follows a directive in July by the Securities and Exchange Board of India (SEBI) to...

Read More

ICICI Prudential Asset Management, the asset manager to ICICI Prudential Mutual Fund, has launched a new international equity index scheme. The ICICI Prudential Nasdaq 100 Index scheme will invest in the stocks part of the tech-dominated NASDAQ 100 index.   This will be the third...

Read More

Asset management companies, Aditya Birla Sun Life AMC and ICICI Prudential AMC, have recently launched a new type of open-ended debt scheme that comes with a maturity date.    We will review the two schemes–ABSL Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund and ICICI Pru PSU Bond...

Read More

HDFC Asset Management, the asset manager to HDFC Mutual Fund, has launched a new fund-of-funds (FoF) that will indirectly invest in 23 developed markets globally.   This is a unique scheme that offers exposure to various markets abroad under the same roof. Let us find out more about...

Read More

In August 2021,Tata Consultancy Services  and HDFC Bank were the most preferred stocks of Indian mutual funds. The net purchases of Tata Consultancy Services were Rs1,473 crore. Infosys and Maruti Suzuki were the most sold stocks. The net sales of Infosys were Rs2,581 crore and net sales of...

Read More

Kotak Mahindra Asset Management Company (Kotak AMC), the asset manager to Kotak Mutual Fund, has launched an open-ended equity-oriented multi-cap scheme. The Kotak Multicap Fund will invest minimum 25% of its portfolio in large-, mid- and small-cap stocks.   This will be the second...

Read More

The mutual fund (MF) industry witnessed a big upturn in investor preference for schemes with inflows into equity-linked MF schemes falling sharply from Rs22,583 crore in July 2021 to around Rs8,677 crore in August, the latest monthly data released by the Association of Mutual Funds of India...

Read More

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  

Read More

Mirae Asset Investment Managers (India), the asset manager for Mirae Asset Mutual Fund, has launched a new international equity exchange traded fund (ETF).    The Mirae Asset S&P 500 Top 50 ETF is a passive index ETF that will track the S&P 500 Top 50 total returns index (TRI). Being...

Read More

A survey conducted by the income-tax (I-T) department in February 2021 on JM Financial Asset Management (AMC) Ltd (JMFL) found several lapses, including manipulated accounting methodology to inflate artificially distributable surplus and payout dividend to investors. Days before the survey,...

Read More

Equity markets have risen phenomenally in the past one year, despite an incomplete recovery in business. The buoyant equity markets have attracted a swathe of initial public offerings (IPOs) like bees to a honey-pot.   The mutual fund (MF) business, too, has taken advantage of the...

Read More

Baroda Mutual Fund has launched a new open-ended equity scheme that will focus on riding the business cycles. The scheme will dynamically invest between various sectors and stocks at different stages of business cycles in the economy.   The new fund offer (NFO) period is from 24...

Read More

In July 2021,HDFC Bank  and ICICI Bank were the most preferred stocks of Indian mutual funds. The net purchases of HDFC Bank were Rs2,107 crore. Infosys and Tata Consultancy Services were the most sold stocks. The net sales of Infosys were Rs1,249 crore and net sales of Tata Consultancy...

Read More