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Source: Business Standard Mutual Funda(Photo: Shutterstock) 4 min read Last Updated : Oct 15 2024 | 2:57 PM IST SBI Mutual Fund, India’s largest fund house, on Tuesday launched the SBI Nifty India Consumption Index Fund, an open-ended thematic scheme replicating/ tracking Nifty India Consumption Index. The New Fund Offer (NFO) period for the…
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 10:01 AM IST Although India’s overall economic indicators look solid, stock valuations are currently not cheap, which means investors need to adopt a smart approach, favoring hybrid and multi-asset allocation schemes that can adjust exposure to various asset classes as needed,…
Source: Business Standard 2 min read Last Updated : Sep 18 2024 | 2:31 PM IST Equity mutual funds continued their strong performance in August 2024, with assets under management (AUM) surging 2.04 per cent to Rs 25.64 lakh crore. A study conducted by PL Wealth Management analyzed 283 open-ended equity diversified funds and…
Source: Business Standard 5 min read Last Updated : Sep 16 2024 | 12:53 PM IST SBI Mutual Fund on Monday launched SBI Nifty 500 Index Fund, an open-ended scheme replicating/ tracking Nifty 500 Index, as part of its passive offering. The New Fund Offer (NFO) period for the scheme is September 17 –…
Source: Business Standard Illustration: Binay Sinha 4 min read Last Updated : Sep 13 2024 | 2:04 PM IST The Indian mutual fund industry is on a roll! August 2024 was another blockbuster month, with investors pouring a whopping Rs 38,239 crore into equity-oriented funds. That’s the second-highest monthly inflow ever, and it marks…
