Mutual Fund

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

Enviro Infra Engineers, which is involved in the development of turnkey projects of sewage treatment plants and sewerage system, on Thursday collected around Rs 195 crore from anchor investors, a day before its initial share sale opening for public subscription. Quant Mutual Fund, Motilal Oswal Mutual Fund, LIC Mutual Fund, Abakkus Diversified Alpha Fund-2, Singularity Equity Fund I and Meru Investment Fund PCC Cell 1 are among the anchor investors, according to a circular uploaded on BSE's website. As per the circular, Enviro Infra Engineers has allotted over 1.31 crore equity shares to 22 funds at Rs 148 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 194.68 crore. The Rs 650-crore initial share sale will open for public subscription on November 22 and conclude on November 26. Shares will be available in the price range of Rs 140 to Rs 148 apiece. The city-based company's proposed IPO is a combination of a fresh issue of 3.87 cror

The scheme aims to invest in arbitrage opportunities between spot and futures prices of traded equities and within derivatives. If none are available, the Fund Manager may invest in debt and money mar

Fund plans to invest 95-100% of its assets in fixed-income instruments that mirror the CRISIL-IBX AAA Financial Services - Sep 2027 Index

Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November

Equity schemes continue to witness net inflows, driven by SIPs

The market regulator had issued the notification on the inclusion of MF units under PIT in November 2022, but it is being made effective now after consultation with industry bodies and members

Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30

ONDC was conceived to boost e-commerce in India and is now diversifying its services to include financial products

Scheme will follow passive strategy to leverage the top 30 momentum stocks from the Nifty 200 Total Return Index

Diversifying portfolio is essential for economic stability, according to experts

It is crucial to regularly monitor your portfolio, as frequently as possible, to stay on top of its performance

Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19

HSBC India Export Opportunities Fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies

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Fintech platform MarketsMojo on Wednesday announced the launch of its mutual fund investment and distribution services platform MOJOMF. The platform will be a complete advisory solution on mutual funds with guidance on how to generate alpha on investments. The move is aimed at attracting more investors, especially the youth, by making investment processes and advisory simple, accessible and free of charge. "Investors will benefit from our selection of funds, curated by our advanced algorithm, which is customised to fit one's risk tolerance and investment goals. "The ultimate goal is to deliver a balanced and precision-driven investment strategy, tailored to meet one's specific financial goals," Amit Golia, Group CEO at MarketsMojo, said. MarketsMojo also plans to provide a complete wealth management solution in the coming months, starting with the launch of mutual funds (MF), and eventually becoming an asset advisor across the family portfolio. This includes risk profiling and th

Capitalmind joins the likes of Angel One and Unifi Capital in the queue for a final MF licence

Investor tide swells by 1.2 million, reaching 48.1 million

The fund aims to invest dynamically across sectors and companies by utilising emerging market trends and growth themes to optimise returns