AXIS MUTUAL

SBI MF, Kotak MF, Axis MF, Quant MF and Aditya Birla Sun Life MF were among the fund houses which shopped for HDFC Bank shares worth Rs 6,800 crore. At the end of June, the total number of shares held by all mutual funds in HDFC Bank stood at 154.26...

As per the Sebi mandate, large & mid cap schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid cap stocks.

Small cap schemes invest in very small companies or their stocks. According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least ...

Seven equity mutual funds have delivered over 20% returns based on daily rolling returns over the past three and five years, as per ACE MF data.

​Diversification in the investment world is not limited to spreading your bets across asset classes and stocks but Sebi's investigation against Quant Mutual Fund in a front-running case is also a reminder of concentration risk in owning mutual funds...

According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. Tha...

The proactive approach undertaken by women investors to achieve financial autonomy and growth, underscoring their commitment to long-term investing.

Women show a higher persistency in mutual fund investments compared to men, claims a recent report by Axis Mutual Fund.

Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk.

Axis Mutual Fund has announced the launch of Axis Nifty 500 Index Fund, an open-ended index fund tracking the Nifty 500 TRI. The new fund offer or NFO of the scheme will open for subscription on June 26 and will close on July 09.

​The fund house manages assets of Rs 2.94 lakh crore as on May 31, 2024. It manages 87 mutual fund schemes.

The fund house had an allocation of 5.5% each in both these banks in May. It added 14.41 lakh shares of HDFC Bank, leading to an increase in weight by 0.3% from the previous month

Quant ELSS Tax Saver Fund, the topper in the category, turned the monthly SIP investment of Rs 30,000 into Rs 1.45 crore in the last 10 years. The scheme offered an XIRR of 26.58% in the same time period.

Nine equity mutual funds, including Nippon India Small Cap Fund, SBI Small Cap Fund, and Kotak Emerging Equity Fund, offered over 15% CAGR in the last five, seven, and 10 years based on daily rolling returns.

​Mutual funds sold 27 smallcap stocks in May, with SIP inflows hitting a record high. HDFC AMC exited Radico Khaitan, Angel One, and Shaily Engineering Plastics. SBI MF reduced PVR Inox, Blue Star, and CESC holdings. Kotak MF exited Bata India, PNC ...

There were 27 smallcap funds in the said period. Here are the top five outperformers, according to the data pulled by ACE MF.

Around 85% of small cap mutual funds outperformed benchmarks in May, with 23 out of 27 funds beating their respective benchmarks. Aditya Birla Sun Life Small Cap Fund, Axis Small Cap Fund, and Canara Rob Small Cap Fund were top performers.

As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. That’s what makes them great bets. If these companies live up to the promis...

Investing in other mutual fund categories for higher returns without paying attention to the extra risk could be a costly mistake for the investors. If you are happy with 10-12% returns offered by large cap mutual funds over a long period, you shoul...