A Systematic Transfer Plan (STP) allows investors to transfer funds from a debt to an equity mutual fund regularly. This helps the investors mitigate market timing risks. Unlike a Systematic Investment Plan (SIP), STPs provide returns from both debt and equity funds. Thus, offering higher returns.
Read moreIn the first half of 2024, mutual funds significantly increased their investment in HDFC Bank, purchasing over INR 42,000 crore worth of shares. Despite this strong domestic interest, foreign investors slightly reduced their stakes
Read moreTata Mutual Fund launched the Tata Nifty India Tourism Index Fund. It is an open-ended equity scheme focusing on India's tourism sector. This fund will be available for subscription from July 08, 2024 to July 19, 2024.
Read moreManufacturing mutual funds are growing as an attractive investment option. All these funds come with high risk and long-term investment goals. They offer diversification, strong performance and growth supported by government initiatives.
Read moreManufacturing mutual funds in India have attracted a lot of investors. Key funds like Axis India Manufacturing, ICICI Prudential, HDFC Manufacturing Fund, Kotak MIIF and many more have focused on various manufacturing companies in India.
Read moreAs per AMFI, in May 2024, equity mutual funds hit a record high with ₹34,697 crore in inflows. This marked an 83.42% rise from April. The increase was supported by increased SIP investments and interest in specialized funds, shows strong investors confidence ..
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