INDEX RETURNS
Newly launched defence mutual fund delivers 9% return in just 8 days
The Motilal Oswal Nifty India Defence Index Fund has shown an 8.62% return in the last eight days after collecting Rs 1,676 crore during its NFO period.
HDFC Defence Fund gave 145% return before restriction on fresh investment kicks in
The scheme is benchmarked against Nifty India Defence Index TRI. The fund aims to capitalise on the opportunities in the space and has seen good interest from investors. The government's focus on modernising its defence forces and push toward self-reliance should drive the long-term growth of the sector. As global geopolitical tensions rise, many nations are spending on enhancing defence capabilities.
Foreigners’ return propels Indian stocks to new all-time highs
Foreign investors drove record highs in Indian stocks, buying $4 billion since June. Modi policy concerns eased as NSE Nifty 50 hit new highs. Strong domestic flows and possible central bank rate easing bolstered economic confidence, notes HDFC’s Deepak Jasani. China’s uneven recovery and US election risks supported India’s $28 billion domestic inflows.
Think largecap investing, think Exchange Traded Funds
Investing in ETFs tracking Nifty50, including Nifty50 Value 20, provides long-term stability and tax efficiency. Large Cap ETFs use market capitalization to minimize risks, with periodic rebalancing for optimal performance. Brokerage platforms facilitate investments, supporting margin trading. These strategies leverage blue-chip stocks, particularly beneficial in broad-based or bull markets, with dividend yield enhancing stock selection.
NFO Watch: Mirae Asset Mutual Fund launches Nifty200 Alpha 30 ETF Fund of Fund
The new fund offer (NFO) will open for subscription on July 8th and will close on July 22nd. Investors can begin continuous sale and repurchase of the fund starting July 29th.
Another sector which is going through a transformation: 6 energy stocks which can give more than 18 % return in one year.
In the last one month, there has been more sectoral rotation than probably one would have seen in the last one year. The reason is, some of the sectors which have been going through structural changes and a number of them are close to a point where either companies should produce results or they would disappoint. Take the case of auto, and a year back they were close to the same inflection point. One year later as they launch their EV’s they are being re-rating. In the case of energy companies, because the transformation is different and is much more basic in nature which requires more capex, it is going to take time. Hence expectation of the similar reaction on the street should not be expected, but there is another side to it, it would be a more sustainable change on a much bigger balance sheet and long runway of growth.
- Go To Page 1
Commodity Talk: Gold's 13% H1CY2024 returns robust, but positives priced-in now, says Anuj Gupta
Average returns by gold over the past five years are at 8.43%. Its best six-month performance has been in 2020, the year of Covid lockdowns. That year gold yielded nearly 25% returns. The next highest are in 2024 at 13.26%. In H1 of 2022 and 2023, the returns were 5% and 6%. It has given negative returns of 6.60% in 2021.
Top 10 index mutual funds, ETFs deliver up to 36% return in first half of 2024
Top 10 passive funds and ETFs saw returns of up to 36% in the first half of 2024, with a focus on auto sector funds. Notable performers included ICICI Prudential Nifty Auto ETF and Mirae Asset Nifty India Manufacturing ETF, showcasing strong growth in the market.
Mirae Asset Mutual Fund launches Mirae Asset Nifty EV and New Age Automotive ETF
Mirae Asset Mutual Fund launches India’s first ETF focusing on Electric Vehicles (EV) and New Age Automotive, offering long-term capital growth by investing in leading companies in the dynamic automotive sector.
Derivative products on Indian bonds see strong global demand
Overseas investors are flocking to Indian assets through a derivative product ahead of government bond inclusion in the JPMorgan index, accounting for 30% of $10 billion flows into local debt in nine months.
Motilal Oswal Nifty India Defence Index Fund is open for subscription. Key things to know
Motilal Oswal Mutual Fund is set to introduce the Motilal Oswal Nifty India Defence Index Fund, an open-ended fund designed to mirror the total returns of the Nifty India Defence Index.
Motilal Oswal Mutual Fund launches Nifty India Defence Index Fund
Introducing Motilal Oswal Nifty India Defence Index Fund, mirroring Nifty India Defence Index. NFO opens from June 13-24. India’s first defense stock index fund, offering growth potential in defence sector.
HDFC Small cap mutual fund is lagging behind the index and its peers sharply; what should investors do
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty Bank ETF
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty Bank ETF, tracking the Nifty Bank Total Returns Index. With a minimum investment of Rs 5,000, it offers exposure to the Indian banking sector for long-term capital appreciation.
Helios Mutual Fund launches financial services fund
Helios Mutual Fund has launched Helios Financial Services Fund, an open-ended equity scheme investing in the financial services sector.
Did you miss these wealth creators? Top 40 index funds give 50-100% returns in 1 year
Index funds gain popularity, with AUM rising 30% to Rs 9.6 lakh crore in a year. Over 40 funds yield 50-100% returns. Index funds offer low-cost and straightforward equity market exposure.
Kotak Mutual Fund files draft document with Sebi for transportation & logistics fund
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in transportation & logistics and other related activities.
RVNL, HAL among 24 BSE 500 stocks with double-digit returns this week. Over 220 stocks end in red
Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.
Stock Radar: Multibagger returns in less than 1 year! This green NBFC player is poised for continued growth
IREDA has rallied by about 190% since its November 2023 listing. After reaching 215 in February, the momentum in the stock fizzled out. It continued to drift lower and found support above 120 levels in March. The stock is trading well above most of the crucial moving averages such as 5,10,30,50 and 100-DMA on the daily charts.
Kotak Nifty 100 Low Volatility 30 Index Fund is open for subscription. Key things to know
Kotak Mutual Fund has launched Kotak Nifty 100 Low Volatility 30 Index Fund, an open-ended scheme replicating or tracking the Nifty 100 Low Volatility 30 Index.
Goldman says equity investors bracing for return of volatility
Stock investors are bracing for a spike in market volatility, and upcoming events such as Nvidia Corp.’s earnings report can exacerbate any moves, according to Goldman Sachs Group Inc. strategists.
ETMarkets Fund Manager Talk: PSU banks trading at 40-50% discount to pvt banks, can outperform: Hardick Bora of Union Mutual Fund
Hardick Bora discusses the state of the PSU banks versus the private banks, Nifty 50 Index, Fair Value Spectrum, small and midcap funds, and asset allocation strategy for moderate risk profiles. Bora says: "An election outcome with continuity of the current administration may strengthen the sentiments of local as well foreign investors."
Is it wise to invest in the largecap category now?
Small & midcaps have been giving double-digit returns in the past few years. It has led to many investors running towards the two categories relentlessly but it does not mean that the footing of large caps is not strong enough.
PGIM India Flexi Cap mutual fund has seen sharp dip in return profile; should you stay invested?
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Over a dozen midcap MFs deliver alpha returns in 2024 so far; Quant Midcap Fund tops chart at 23%
April saw higher month-on-month inflows for midcap mutual funds. Inflows were lower compared to February and January. SBI PSU Fund added IEX in April.
Franklin Templeton Mutual Fund files draft document with Sebi for a multicap fund
Franklin Templeton plans to launch Franklin India Multicap Fund, an open-ended scheme investing in largecap, midcap, and smallcap stocks. It aims for long-term capital appreciation, managed by R. Janakiraman and Sandeep Manam.
Unlucky 7! 88% largecap mutual funds fail to beat benchmarks in 7 years
88% of large cap mutual funds struggled to beat benchmarks in the last seven years, highlighting challenges post Sebi's introduction of total return indices. Notable underperformers include Aditya Birla SL Frontline Equity Fund, while ICICI Prudential Bluechip Fund stood out as an outperformer.
This equity mutual fund delivered highest returns in April. Know what it bought and sold in the month?
HDFC Defence Fund bought 4.8 lakh shares or 1.76% in Garden Reach Shipbuilders. In multibagger Mazagon Dock Shipbuilders and smallcap JNK India, this fund purchased 1,55,901 (1.36%) and 4,96,367 (1.28%) shares, respectively. The market value of these shares at the end of April 30, 2024, stood at Rs 47.47 crore, 36.62 crore and 34.47 crore, respectively.
Top 5 banking & PSU debt mutual funds with 1-yr returns & who should invest
Top 5 banking & PSU debt mutual funds cater to lower risk appetite investors, outperforming Crisil 10 Yr Gilt Index. Active banking & PSU banks manage Rs 80,730 crore AUM. Notable underperformers include Baroda BNP Paribas, Canara Rob, Mirae Asset funds.
Load More
