ICICI Prudential Mutual Fund

Company was valued at Rs 3,441 cr in Nov; has IP rights for events in esports, gaming, music

The scheme opens on November 18, 2024, and closes on December 2, 2024.

The investment strategy spreads its money throughout several asset classes and market capitalizations in an effort to produce returns over a longer period of time. It allocates at least 10% of its ass

WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund

Both offerings fall under the smart beta category, focusing on a factor-based strategy to provide investors with a low-cost, value-driven investment approach

Munjal Auto Industries is among many companies hit with tax notices within the last week. The company intends to appeal the GST notice

Product allows customers to have 100% exposure to equity, unlimited free switches between equity, debt and balanced funds

Six entities, including Citigroup Global Markets Mauritius, ICICI Prudential MF and Societe Generale, on Friday acquired stakes in Netweb Technologies India for Rs 458 crore through open market transactions. As per the data available on NSE, Citigroup Global Markets Mauritius, Discovery Global Opportunity Mauritius, ICICI Prudential Mutual Fund, Invesco MF, Societe Generale and Union MF bought a total of 20,54,795 shares or 3.64 per cent stake in Netweb Technologies India. Shares were picked up at an average price of Rs 2,232.10 apiece, taking the combined deal value to Rs 458.65 crore. Meanwhile, four promoters -- Navin Lodha, Sanjay Lodha, Niraj Lodha and Vivek Lodha -- offloaded the same amount of shares at the same price on the National Stock Exchange (NSE). After the share sale by these promoters, the combined shareholding of promoters and promoter group entities in Netweb Technologies India will decline to 71.4 per cent from 75.04 per cent. Shares of Netweb Technologies Ind

The index is composed of up to 15 stocks selected from the Nifty 500, chosen for their market value to ensure broad representation within the sector

Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery

Scheme tracks Nifty Oil & Gas TRI, an index that reflects the performance of companies in the oil and gas sector

Scheme will invest in equity and equity-related instruments of energy companies

Expects growing power demand, government's renewable push to generate value for investors

Customers can choose from an array of 21 funds under this product, which includes 13 equity funds, four debt funds, and four balanced funds. Additionally, they can choose from 4 portfolio strategies

The fund targets long-term capital appreciation from a portfolio predominantly invested in equity and equity-related securities of large and midcap companies

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ICICI Prudential Mutual Fund on Tuesday bought shares of Star Health and Allied Insurance Company for Rs 193 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), ICICI Prudential Mutual Fund purchased 35,74,074 shares, amounting to a 0.61 per cent stake in Star Health and Allied Insurance Company. The shares were acquired at an average price of Rs 540 apiece, taking the transaction value to Rs 192.99 crore. Details of the seller(s) could not be ascertained. On Tuesday, shares of Star Health and Allied Insurance Company fell 1.42 per cent to close at Rs 545.05 apiece on the NSE. In a separate bulk deal on the BSE, Abakkus Asset Manager LLP picked up shares of rice milling company LT Foods for Rs 55 crore through an open market transaction. According to the bulk deal data available with the BSE, Abakkus Asset Manager bought 33.93 lakh shares at an average price of Rs 162.04 apiece. This took the deal value to R

The move comes after Sebi raised concerns about the build-up of froth in the midcap and smallcap space

Private sector lender ICICI Bank on Tuesday hiked its stake in ICICI Lombard General Insurance by 1.42 per cent

Large caps tend to offer reasonable stability during market corrections, whereas, Mid caps offers relatively high growth during rising market scenarios