Fedbank Financial Services managed to secure a substantial Rs 324.67 crore from anchor investors just a day before its much-anticipated initial public offering (IPO) opened its doors on Tuesday, November 21. The company, set to debut on the stock market, disclosed ...
2023 marks the successful completion of 27 years of operation for the open-ended HDFC Top 100 Fund, which primarily invests in large-cap companies. Being one of the oldest mutual fund schemes in India, it was introduced in October 1996. The fund ...
To begin with we would like to clarify that the article is not a recommendation to invest in mutual fund schemes that are mentioned, though one could consider investment as well. The point here is that it is just information on ...
Arbitrage funds are a type of mutual fund that is taxed similarly to equity funds. Even while arbitrage funds are generally low-risk, their payoffs are uncertain. The fund manager buys shares in the cash market and sells them in futures or ...
There was a time when all surplus cash - bonuses and raises - was invested in bank FDs. At some point in their lives, our grandparents and parents have all deposited their money in FDs. It was the finest way to ...
HDFC has a plan for any financial goal - long-term, short-term, retirement, tax-saving, and so on. The majority of their mutual fund products have CRISIL ratings of 3 or higher. To create returns, an equity mutual fund invests primarily in the ...
At the moment, we would not advise investors to park largesums in equities or equity mutual funds, given the way stocks have hit record highs. When you buy something at record highs, chances of making money dwindles even further. This means ...
The one advantage of mutual fund schemes is you can diversify your portfolio as per your risk appetite and also switch money from debt to equities. At the moment the Sensex and the Nifty have closed at record highs and hence ...
As per AMFI data, with assets under management worth Rs. 3.35 lakh crore HDFC Mutual Fund has regained its top position as the largest AUM after two years time, surpassing ICICI Prudential MF that manages Rs 3.08 lakh crore. For ...
Sebi has given the go-ahead to the HDFC Mutual fund's IPO which will hit the primary market on July 25. The timing for the IPO is being considered as favourable, nonetheless the valuation of the IPO is likely to be lower ...
HDFC Mutual Fund in a notice said that it will discontinue subscriptions in HDFC Long Term Advantage Fund from May 16, 2018. It is an equity-linked saving scheme and a tax-saving mutual fund scheme which manages Rs 1,515 crore at the moment. The suspension move ...