SBI MF
SBI Card shares down 1.04% as Nifty gains
The stock quoted a 52-week high price of Rs 892.75 and low of Rs 649.0.
Banks may relatively underperform compared to rest of the market: Ajay Srivastava
The deal turnaround cycles are three months to six months. So, fundamentally the banks have a problem that the best customers of them can raise equity any point of time. Most of the India is getting deleveraged.
Looking at 4 buckets in auto thematic fund; avoiding auto financiers: Tanmaya Desai, SBI MF
Fund manager Tanmaya Desai says that SBI MF is not looking at the auto financiers or the logistics companies. But at the same time, the fund does permit him to evaluate up to 20% in some of those stocks which can be a corollary to the auto opportunity in general.
Quant MF: Are ‘black box’ quant funds reliable? Should you invest in quant mutual funds?
Most quant funds in India have a track record of only 3-4 years, which is too short to reliably judge their execution capabilities. Within this limited time frame, significant variance can be observed. Despite a few exceptions, most funds have struggled to outperform the market. Quant models, shrouded in secrecy, make it difficult for investors to understand their working and evaluate their reliability.
MFs cut weight on technology stocks by 170 bps in just 3 months. What are cues for investors?
In May, several MFs reduced tech stock weights by 0.1%-0.9%, with HSBC making the highest cut at 0.9%. HDFC MF, Mirae, and Franklin Templeton increased weights by up to 0.2%.
MF Query: How Rs 25,000 per month SIP with 15% annual increase can make you a crorepati in 10 years
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
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Top 5 Hybrid Mutual Funds with +25% gains in the last 3 years
ET Market's mutual fund analysis has identified the top 5 hybrid mutual funds that gained about 25% and more in the last 3 years. Hybrid funds invest in both equity and debt with the goal of balancing risk & reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes, while debt-oriented hybrid schemes are taxed in the same way as debt schemes. (Data Source: ACE MF)
GAIL, PNB, IREDA among PSU stocks that mutual funds exited before election results
Mutual funds sold shares in several PSU stocks in May ahead of the June 4 outcome with GAIL (India), Punjab National Bank (PNB), Power Finance Corporation (PFC), NHPC and Indian Renewable Energy Development Agency (IREDA) witnessing complete exit by individual mutual funds.
Suzlon Energy, PB Fintech, NHPC among 19 midcap additions by mutual funds in May
Top mutual funds like SBI Mutual Fund, Axis MF, Nippon India MF bought 19 midcap stocks, including Suzlon Energy, NHPC, and PB Fintech, the parent of online insurance aggregator Policybazaar.
MF Query: Rs 50,000 SIP per month with 10% step up can create nearly Rs 5 crore corpus in 15 years
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
This equity MF category offers 104% return in one year, tops performance chart
PSU theme-based mutual funds (MFs) offered an average return of around 104.24% in the last year, according to ACE MF data. Around five PSU funds completed one year of existence in the market.
SBI Automotive Opportunities Fund: Is it time to capitalise on opportunities in the world's 3rd largest auto market?
SBI Automotive Fund, managed by Tanmaya Desai and Pradeep Kesavan, offers high exposure to automotive stocks. Experts from WealthMills Securities recommend considering the fund for high-risk appetite investors.
RIL, ITC and Infosys among top 10 stock holdings of Mirae Asset Mutual Fund in April
The Mirae Asset Mutual Fund had an asset base of Rs 1.71 lakh crore as of April 2024 and manages 61 equity mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.
Aggressive hybrid mutual funds deliver up to 55% return in one year. Should you invest now?
JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund gave 47.28% return in the said period.
Mutual funds take Rs 10,000 crore contra bet on sleeping giants Kotak, HDFC Bank
Mutual funds invested Rs 10,000 crore in Kotak Mahindra Bank and HDFC Bank in April, despite their decline in Nifty rankings. Fund houses like HDFC MF, SBI MF, and Axis MF raised bets on HDFC Bank, while Kotak Mahindra saw buying from Nippon India MF and others. The investments were based on data from Prime Database.
SBI PSU Fund adds IEX in April, raises stake in LIC, SAIL and 2 more stocks
SBI PSU Fund Reg(G), a top performer in equity mutual funds, bolstered its portfolio by adding Indian Energy Exchange (IEX) shares and increasing stakes in Bank of India, LIC, NALCO, and SAIL.
HDFC Bank, RIL among 11 stocks owned by over 400 MF schemes
These stocks have maximum holding count by mutual fund schemes for each. Here are top 11 stocks owned by over 400 mutual fund schemes, according to data by ACE MF.
Sectoral, thematic mutual funds among top gainers in 2024 so far. Should you invest?
PSU theme based gave the highest average return of around 25.56% in 2024 so far, followed by infrastructure funds which offered an average return of 18.14%. Energy and power based funds gave 16.03% average return.
How to plan your income tax savings for FY25 using ELSS mutual funds?
Plan tax savings for FY25 with ELSS funds. Invest Rs 1.5 lakh early using lumpsum, SIP, or STP. Consider various investment options for Section 80C benefits. ELSS offers higher returns than traditional options.
Mirae Asset’s thematic mutual fund outperforms category in January-March quarter
Mirae Asset NYSE FANG+ETF FoF-Reg(G) outperforms in Jan-Mar quarter, exceeding domestic and overseas funds. 160 thematic funds by March end. Notable performers include Franklin India Feeder and Mirae Asset S&P 500 Top 50 ETF FoF-Reg(G).
Axis MF to focus on hybrid, passives in bid to enter the top four league
The fund house, the seventh largest in the 43-member strong mutual fund industry, has fallen out of investors' favour of late on account of weak performances by its equity schemes and changes in the core team including key fund managers.
Mutual funds just reduced holding in these 10 PSU stocks. Are these in your portfolio?
In March 2024, mutual funds' active schemes reduced their exposure to public sector undertakings (PSUs) slightly. This reduction was mainly due to selling in companies like SBI, NTPC, Power Finance, NHPC, and PNB. However, a report from Elara Capital indicates that overall exposure to PSUs in mutual funds at around 12% is still below the long-term target range of 15-16%. Elara Capital lists 10 PSU stocks that observed the highest selling by MFs:
Top stocks that India’s MF houses exited in March. Do you own any?
Brokerage firm Nuvama in its latest report, listed top stocks that mutual fund houses exited in March. Take a look:
Here's a look at top new entries of 7 MF houses in March
India's equity mutual funds (MFs) inflows stood at Rs 226 crore vs Rs 269 crore in February, indicating meaningful flows despite excessive volatility in March. Here's a look at new inclusions of top MF houses last month:
Mutual funds buy 19.71 crore shares of ITC in March
Fund houses together owned 140.91 crore shares of ITC as of March-end. In value terms, the ITC shares worth Rs 11,120 crore were bought by MFs taking the total value of these shares to Rs 60,360 crore.
GQG, SBI MF eye Rs 6,600 crore investments in Vodafone Idea's Rs 18,000 crore FPO: Report
The US-based GQG is planning to invest about $500 million, while SBI Mutual Fund is considering an investment of $200-300 million in the FPO, the report said further.
SBI, M&M among top 5 reductions by HDFC MF in February
In February, HDFC MFs large additions were Axis Bank, HDFC Bank and Crompton Greaves. Meanwhile, Sudarshan Chemical was a new entrant while there were no complete exits. Here’s the list of fund house's top reductions. Take a look:
Look, what India's biggest fund house bought & sold last month
India's biggest fund house SBI Mutual Fund's prominent additions were Reliance, Whirlpool India, and Jubilant Food. Its major reductions included Bharti Airtel, Punjab National Bank, and HDFC Life.
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