In August 2020, HDFC and Axis Bank were the most preferred stocks of Indian mutual funds. The net purchases of HDFC were Rs1,903 crore. Reliance Industries and Kotak Mahindra Bank were the most sold stocks. The net sales of Reliance Industries were Rs1,371 crore and net sales of Kotak...
When experts discuss investments that would double wealth in the fastest time, the usual answer is stocks or some leveraged investment. Buy an incredible stock at the right time and you can double your wealth in a matter of weeks or months. But rarely would you hear any expert suggest a...
Debt mutual fund (MF) schemes are a good product for those who want to invest in a bank fixed deposit (FD) like product but with better returns. But debt schemes are sensitive to several market-based events like inflation, interest rates, credit rating and more which affects returns in some...
Profit booking, along with high volatility, has led to a net outflow from equity mutual fund schemes in August on a sequential basis.
The data from the Association of Mutual Funds in India showed that net outflow stood at Rs 3,999.62 crore in August.
In July, the net...
Invesco India Mutual Fund will be launching a new multi-cap equity scheme having a focused portfolio of maximum 20 stocks. The Invesco India Focused 20 Equity Fund will be launched on 9th September for new fund offer (NFO) subscriptions which will close on 23 September 2020. Being an...
