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Source: Live Mint SBI Mutual Fund has introduced a new fund offer (NFO) on December 4 called SBI Quant Fund. It is an open-ended equity scheme following a Quant-based investing theme and will be benchmarked against the BSE 200 TRI. The scheme will stay open for investors until December 18 and will reopen for continuous…
Source: Live Mint With the stock market undergoing a correction mode with 10 percent fall behind it, investors are not radiating too much enthusiasm about the valuation of stocks and mutual funds. Notwithstanding all this, a number of mutual fund houses have rolled out a large number of new fund offers (NFOs) for the next few days…
Source: Live Mint The central recommendation is a 30-day window for deploying these funds in line with the asset allocation specified in the scheme. Sebi’s push for this timely deployment of NFO funds aims to protect investors from prolonged market exposure delays and ensure their money is actively invested as intended. The current regulatory framework,…
Source: Live Mint Despite the high valuations of benchmark indices, there is no significant risk of a major correction soon, Rahul Singh, Chief Investment Officer (equities) of Tata Mutual Fund, says in an emailed interview with MintGenie. He also speaks about the sectors that are likely to do well in the near future. While sharing…
Source: Business Standard 6 min read Last Updated : Sep 12 2024 | 11:17 AM IST Equity oriented funds witnessed net inflows of Rs 38,239 crore in August 2024, which was around 3.3% higher than inflows of Rs 37,113 crore witnessed in July 2024.This marks the 42nd consecutive month of net inflows, highlighting the…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24830575/canoo_van_photo.jpeg?w=400&resize=400,250&ssl=1 "All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’")