Mutual Funds

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More Stories on Mutual Funds
The index comprises companies that are involved in the manufacturing of electric and autonomous vehicles

Soon, a mutual fund to invest in electric vehicles, assisted driving technology

Sep 17, 2021

Navi Mutual Fund files draft document to launch Navi Electric Vehicles and Driving Technology FoF, which will be benchmarked to STOXX Global Electric Vehicles & Driving Technology NET Index

In rupee terms, it soared from Rs 5,864 crore to Rs 20,982 crore.

Foreign assets of domestic mutual funds rise to $2.9 bn at March-end: RBI data

Sep 16, 2021

According to a Survey of Foreign Liabilities and Assets of the Mutual Fund Companies, the UAE, the UK, USA and Singapore together accounted for nearly 45 per cent of the total MF units held by non-residents, both at face value as well as market value, the RBI said

Other brokers, including Robinhood Markets Inc and TradeStation also provide cryptocurrency trading, while Charles Schwab Corp and Fidelity currently offer access to bitcoin futures

Interactive Brokers rolls out low-fee crypto trading on its platform

Sep 14, 2021

US clients of the brokerage will now be able to trade and custody bitcoin, ethereum, litecoin and bitcoin cash alongside stocks, options, futures, bonds, mutual funds and exchange-traded funds, the company said

Nithin (front) and Nikhil Kamath, founders, Zerodha

Zerodha's online nomination feature to help find solution for Rs 80,000 cr unclaimed money: Nithin Kamath

Sep 13, 2021

Zerodha's says many miss adding nominees to demat accounts, partly because adding a nominee was an offline process. But now, one can now add up to three nominees online. They are alerted if your account goes dormant for over a year

Franklin Templeton

Franklin Templeton MF unitholders to get Rs 2,918 cr in sixth tranche

Aug 30, 2021

After the payout, the total disbursement will reach Rs 23,999 crore, amounting to 95.18 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said

ICICI Prudential Value Discovery Fund has emerged as the largest scheme in the value category with a total asset base of Rs 21,195 crore as of July 2021

ICICI Prudential value discovery fund's AUM reaches Rs 21,195 cr, delivers 20% CAGR in 17 years

Aug 28, 2021

ICICI Prudential Value Discovery Fund - which completed 17 years in existence accounted for nearly 30 per cent of the total asset under management (AUM) in the value category, the fund house said in a statement

The order will come into force with immediate effect, SEBI said

SEBI bars Kotak AMC from launching new FMP scheme for 6 months

Aug 27, 2021

SEBI said the order was passed after the markets regulator noticed the investors of certain FMPs, launched by the Kotak Mahindra Mutual Fund, were not paid their full proceeds as on their respective maturity dates

Bajaj Finserv to set up MF arm

Bajaj Finserv gets in-principle nod to set up mutual funds arm

Aug 24, 2021

According to regulatory disclosures, there are a few more entities who have applied to SEBI for a mutual fund licence and their application is under process

The stake held by insurance companies as a category also declined to a five-year low of 4.89% in the June quarter from 5.06% as on March 31, 2021

Retail participation in stock markets at highest ever; MFs, insurance register a dip

Aug 16, 2021

Mutual funds, insurance see value of investments rise but share declines in June quarter

SBI Balanced Advantage Fund will run from August 12 to August 25, however, investors can also transact in it thereafter

SBI MF rolls out Balanced Advantage Fund with unique withdrawal feature; check out details

Aug 12, 2021

SBI Balanced Advantage Fund, launched on August 11, seeks to generate long-term appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets

Should you invest in the Sovereign Gold Bond Scheme?

Aug 10, 2021

There will be one more tranche of SGBs after this one in the current financial year. The issue is priced at Rs 4,790 per gram and there is a discount of Rs 50 per gram if you invest online. Should you invest in SGBs? Who should not invest in it? How do the government’s gold bonds compare with gold ETFs, gold mutual funds and gold jewellery ?