Fund house says scheme meant for investors seeking 'financially stable and resilient companies with robust balance sheets'
Earnings growth may face downward revisions, leading to market volatility and drawdowns. However, the medium- to long-term outlook for the equity markets remains healthy
The JV's wholly owned subsidiary will be called Jio BlackRock Broking, which will undertake "the business of broking subject to regulatory approvals"
This ETF replicates the Nifty India Railways PSU Index-TRI, featuring PSUs vital to the railways sector, covering infrastructure, financial services, logistics, and technology
With growing awareness, demand for passive funds has also risen, prompting fund houses to launch more products
Investors open 5.4 million accounts, close 4.5 million last month
The industry seeks a 12.5 tax rate on long-term capital gains (LTCG) for redeeming debt mutual fund units held over a year, aligning it with the rate applicable to listed bonds
Fund house expects similar returns from gold, debt
Passive MF schemes, especially those tracking the Nifty 50 and Sensex, will need to offload their holdings in ITC Hotels as the stock will be excluded from these indices
Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year
These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge
MFs have the largest institutional buyers in the equity market in two of the last three years - 2022 and 2024. In 2023, they were only slightly behind foreign institutional investors (FIIs)
Fund seeks to generate long-term capital appreciation by investing in equity and equity-related instruments
More number of funds likely to beat the benchmark this year vis-a-vis 2023
Says caution is warranted for segments with stretched valuations and peaking business cycles, such as engineering and capital goods or automotive
Regulator puts an end to switching of funds by distributors for higher NFO commissions
The mutual fund investment tracing and retrieval assistant, or MITRA, platform will help trace inactive and unclaimed folios, thereby preventing potential misuse
Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments
Canara Robeco AMC was established in 1993 and was initially known as Canbank Mutual Fund
Investors can purchase direct plans directly on MF websites and online investment platforms