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Investors looking for a low-cost, smart beta product that will benefit from depolarisation in the Nifty 50 as corporate earnings pick up can consider the DSP Equal Nifty 50 fund. The fund is passively managed and has the same constituents as the Nifty 50, with a 2% allocation to each stock. As the stock market […]
ACT Grants, a non-profit alliance of more than 100 volunteers from start-ups and VCs, is raising ₹500 crore to back ideas that can help utilise the ‘start-up energy’ to solve issues related to healthcare, environment, education, and women empowerment. The alliance had come together last year to set up a ₹100-crore fund to combat the […]
I would like to invest a lump sum amount for my child’s future. My investment time will be above 20 years. I have shortlisted HDFC Children’s Gift Fund. Kindly suggest is this a good plan or is there any other plan. — Ritesh Sanghi Shifali Satsangee, Founder, Funds Ve’daa, a mutual fund advisory firm, based […]
NEW DELHI: HDFC Mutual Fund has offloaded 2.73 per cent stake in local search engine Just Dial for over Rs 108 crore through an open market transaction. According to a regulatory filing, the schemes of HDFC Mutual Fund, which held 8.33 per cent stake in Just Dial earlier, sold 1,690,653 shares constituting 2.73 per cent […]
Retail investors tend to be attracted to the equity markets, not only due to the feeling of being part-owners of large companies but also because investing in equity shares can help beat the inflationary pressure by delivering a higher rate of return as compared to other havens. S&P BSE Sensex has generated more than 16% […]
Mutual fund investors who use the mutual fund utilities (MFU) platforms can schedule their transactions to purchase, switch or redeem funds. The advantage of this facility is that it allows the unit holders to carry out transactions immediately from the next business day, instead of a lead time of T+15 days with a mutual fund. […]
When it comes to safe fixed income investment options, investors often face a dilemma as whether they should invest in the Voluntary Provident Fund (VPF) or the Public Provident Fund (PPF). Though both carry the same suffix, Provident Fund, and offer attractive returns, they differ in aspects such as eligibility, investment period, return, liquidity options, […]
Mahindra Manulife Mutual Fund has launched Mahindra Manulife Short Term Fund, an open ended short term debt scheme investing in instruments with macaulay duration between 1 and 3 years. The New Fund Offer opens on February 9 and closes on February 16. The scheme will reopen for continuous sale and repurchase from February 25, 2021. […]