Fund Performance

Financial News


“If we look at the Quant Fear Index, in the last two or three days, when this fall unfolded in a big way, it did not spike up to that extent to say reversal. It can settle down in the next few trading sessions. We are closer to that event which means the downside may not be very significant from the current levels.”
2023-01-30T12:51:29+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-01-30T11:48:57+05:30


To encourage retail investors to invest in gold through the mutual fund route rather than buying physical gold, AMFI had proposed that LTCG on Gold ETFs and Gold Fund of Funds should be brought down in the Union Budget 2023.
2023-01-30T10:27:08+05:30


While the fund made a strong comeback in 2021, it slipped again in 2022, lagging the index sharply. This leaves its long term return profile weak, needing a lot of catch-up with index and peers.
2023-01-30T08:45:57+05:30


Funds with diluted value bias have failed to make most of the current uptick.
2023-01-30T06:30:00+05:30


From Friday, Indian equity markets moved to a T+1 settlement cycle for all stocks, shortening the settlement cycle by a day and making the availability of funds a day sooner than at present.
2023-01-27T19:59:33+05:30


Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund will replicate CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index by investing in a diversified portfolio of Indian Government Bonds and SDLs, subject to tracking errors.
2023-01-27T13:50:45+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-01-27T11:49:45+05:30


The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The fund will invest predominantly in equity and equity related instruments across market capitalisation- large cap, mid cap and small cap companies.
2023-01-27T11:41:45+05:30


This belief has translated to flexicap category being the largest equity investment category in the given scheme classification of mutual funds. The category has garnered approximately Rs 2.49 lakh crores of AUM which is in 1.25 crore folios.
2023-01-27T10:35:47+05:30


Several fund managers believe that time is right for the government to introduce a debt mutual fund option under Section 80C. AMFI says it will also help to channelise household savings into the bond market and deepen the bond market.
2023-01-27T10:05:49+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-01-25T14:24:07+05:30


The purpose of this was to see how many schemes consistently beat their benchmarks in different periods like three, five, seven, and 10 years. Mutual fund advisors often ask investors to choose schemes that have consistently beaten their benchmarks over a long period of time.
2023-01-25T11:58:15+05:30


Returns from equity mutual funds are taxed depending on the period of holding the investment. ULIPs are not taxed as they are considered insurance products.
2023-01-25T11:23:15+05:30


Conservative investors who are moving from deposits to mutual funds or those worried about a full-equity portfolio’s volatility and wanting a small allocation to stocks can consider equity savings funds.
2023-01-25T08:54:00+05:30


As of December 31, 2022, 66% of the company’s total monthly average AUM is contributed by individual investors compared to 58% for the industry.In an exchange filing, the company said that it had a market share of 12.8% of the individual monthly average AUM in the industry, making it one of the most preferred choices of individual investors.
2023-01-24T16:11:21+05:30


Gunwani also served as the Deputy CIO (Equities) at ICICI Prudential AMC. Gunwani graduated from IIT Madras and has a postgraduate diploma in management from IIM Bangalore.
2023-01-24T15:38:13+05:30


Investors must focus on the processes and controlling the controllable and not worry too much about other things, for e.g., macroeconomic factors like interest rates, inflation and crude oil prices which are beyond one’s control.
2023-01-24T14:44:13+05:30


According to fund managers, the government will most likely meet its fiscal deficit aim of 6.4% of GDP in FY23 aided by robust tax revenue growth and higher than budgeted growth in nominal GDP.
2023-01-24T14:19:37+05:30


Most of the schemes in the category had high exposure in private banks. Among PSU banks, the best performing schemes had investments in Bank of Baroda, State Bank of India, and Punjab National Bank.
2023-01-24T10:33:11+05:30


To help mutual funds penetrate further into smaller towns and cater to investors long term goal like retirement, here are a few recommendations made by Association of Mutual Funds in India (AMFI) for the Budget 2023.
2023-01-24T10:28:03+05:30


The fund house managed Rs 79,000 crore in fixed income and Rs 28,360 crore in equity as on December 31, 2022.
2023-01-24T09:36:05+05:30


"A rising price (of gold) puts some pressure on investors, with people holding back investments."
2023-01-23T10:41:29+05:30


There are a total 24 schemes investing in gold at the moment. Silver funds are a new entrant to the mutual fund market. There are 12 schemes in the category, including ETFs and FOFs.
2023-01-23T10:18:40+05:30


We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
2023-01-23T06:30:00+05:30


A radically different investing style has put the fund house in the spotlight.
2023-01-23T06:30:00+05:30


"There is a case to make pension plans from insurance companies on a par with NPS which has a separate limit. Globally, we have seen that separate tax saving limits for insurance goes a long way in increasing penetration and India is no exception," said Tarun Chugh, CEO Bajaj Allianz Life Insurance.
2023-01-23T00:20:23+05:30


Three Indian issuers that are rated A- and below are scheduled to raise funds next week via shorter tenor bonds, indicating an improved investor appetite for such notes. The rates for these papers are in the range of 10.50-14.00%.
2023-01-20T15:52:04+05:30


Currently, 10 new mutual fund offers are open for investment. They are from balanced advantage fund, multicap fund, multi asset allocation fund, gilt fund, fixed maturity plan, and ETF categories.
2023-01-20T11:38:22+05:30


There are seven index schemes in the small cap mutual fund category. These schemes are benchmarked against Nifty Smallcap 50 - TRI, and Nifty Smallcap 250 - TRI. Three small cap index funds were launched in 2022.
2023-01-20T10:10:21+05:30


In response to an additional question, more than 60% of respondents, 55 of 89, said the Fed was more likely to hold rates steady for at least the rest of the year than cut. That view lined up with the survey's median projection for the first cut to come in early 2024.
2023-01-20T07:52:25+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-01-19T12:07:20+05:30


Debt Mutual funds too went through a torrid phase over the last few years lurching from one crisis to another, starting with credit defaults by ILFS and others, to the massive liquidity crisis for investors in Templeton debt funds.
2023-01-19T10:31:44+05:30


Many fund houses launched multi asset funds recently and some more are in the pipeline. In this scenario, the question is- are multi asset allocation funds really worth the hype?
2023-01-19T09:53:02+05:30


As per Sebi mandate, medium duration funds must invest debt in and money market instruments with Macaulay duration of three and four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more.
2023-01-19T09:07:10+05:30


The Fed's benchmark overnight lending rate currently sits in a target range of 4.25% to 4.50%, and investors expect the Fed to lift that rate by a quarter of a percentage point at the end of its Jan. 31-Feb. 1 meeting.
2023-01-19T07:59:03+05:30


Long term funds lose money when the interest rates are going up. However, they make double-digit returns when the rates starts to fall . If you can take risk, here are our picks for 2023.
2023-01-18T14:19:56+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-01-18T12:26:13+05:30


Out of 69 schemes that have been in the market, 44 schemes have offered double-digit returns in the last three months. The top performers in this category were technology ETFs. Mirae Asset Hang Seng TECH ETF has offered the highest return of 39.97% in the three-month duration, followed by Mirae Asset Hang Seng TECH ETF FoF which offered 39.25% returns.
2023-01-18T11:30:10+05:30


Over the last few months markets have seen a bounce back from deeply oversold readings. The European and other emerging market stocks have also seen a sharp recovery.
2023-01-18T10:25:56+05:30


The active versus passive debate is raging in mutual fund circles. Here is a primer on how an actively managed scheme works and how it differs from a passive scheme.
2023-01-18T08:47:57+05:30


According to the press release, the fund house’s proprietary model will provide broad guidance regarding the relative valuation levels and scope of the asset allocation opportunities in the market.
2023-01-17T14:05:19+05:30


There are 11 index schemes in the mid cap mutual fund category, according to Ace Mutual Fund database. These schemes are benchmarked against Nifty Midcap 150 - TRI, Nifty Midcap 50 - TRI, NIFTY Midcap150 Quality 50 - TRI, and Nifty Midcap150 Momentum 50 - TRI.
2023-01-17T11:29:46+05:30


The scheme will have two Plans: Regular and Direct. Each Plan offers growth option and income distribution cum capital withdrawal (IDCW) option. The maturity of the scheme will be December 31, 2026.
2023-01-17T10:30:03+05:30


We are optimistic on Autos, not only from a valuation perspective but from a growth perspective also. Apart from autos, banking is expected to do well as credit growth is picking up. Third sector that is a value buy is IT.
2023-01-17T10:11:41+05:30


“Financials is the largest sector in our portfolio because we anchored the fund weights around the index weights to the extent possible. So the top five sectors in the fund will also be the top five sectors in the index. We are focussed on quality as the core anchor of the stock selection and these type of stocks tend to be less vulnerable to economic cycles.”
2023-01-17T09:51:47+05:30


The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022. This was also the third time in a row, when monthly SIP contributions touched over Rs 13,000-crore.
2023-01-17T08:48:28+05:30


According to the latest update with the Securities and Exchange Board of India (Sebi), Alpha Alternatives filed its applications with the regulator on November 8, 2022.
2023-01-17T08:32:48+05:30


There are 54 index schemes in the large cap mutual fund category.These schemes are benchmarked against Nifty50, S&P BSE Sensex, Nifty50 Equal weight Index, Nifty100 Low Volatility30 Index Fund, Nifty100, Nifty100 Equal Weight Index, Nifty Next50 Index, among others.
2023-01-16T13:34:54+05:30


The New Fund Offer (NFO) opens for subscription on January 16 and closes on January 30. Thereafter the scheme re-opens for continuous sale and repurchase after allotment.
2023-01-16T10:07:01+05:30