The FinTech Hub
Source: Live Mint Axis Mutual Fund has reduced its shareholding in chemicals company PI Industries, a stock exchange filing showed. PI Industries were trading marginally lower on Friday. Axis Mutual Fund has sold 0.05% stake in PI Industries on January 8, trimming its stake in the company to 2.97% from 3.02% earlier. “Axis Mutual Fund…
Source: Live Mint SBI Mutual Fund, the country’s largest asset management company (AMC), has achieved a record average asset under management (AAUM) of ₹10.99 lakh crore in the September quarter (Q2 FY25), according to data from the Association of Mutual Funds in India (AMFI). The fund house concluded FY24 with an AAUM of ₹9.14 lakh…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 1:43 PM IST Axis Mutual Fund on Thursday launched its new fund offer- Axis Nifty500 Value 50 Index Fund. This open-ended index fund aims to replicate the performance of the Nifty500 Value 50 Total Return Index (TRI). The New Fund Offer…
Source: Live Mint Cases involving prominent fund houses like Axis Mutual Fund and Quant Mutual Fund have grabbed headlines recently for their links to these cases. The regulator, which is using cutting-edge technology and has expanded surveillance, saw its investigations triple to 83 in the last fiscal year compared to FY23. Mint explains Sebi’s growing…
Source: Business Standard 4 min read Last Updated : Sep 12 2024 | 12:29 PM IST Shares of Mrs. Bectors Food Specialities hit a record high of Rs 2,009, as they rallied 10 per cent on the BSE in Thursday’s intra-day trade. The stock of the fast moving consumer goods company that majorly manufactures biscuits…
Source: Live Mint Axis Mutual Fund has announced the launch of its latest investment product, the Axis Nifty500 Value 50 ETF, on September 9. This open-ended exchange-traded fund (ETF) aims to replicate or track the performance of the Nifty500 Value 50 TRI, providing investors with a value-based investment strategy in a basket of 50 companies…
