Mutual Fund
Samco Multi Asset Allocation Fund NFO is open for subscription. Key things to knowThe new fund offer (NFO) for the scheme opened for subscription on December 4 and will remain open until December 18. It will reopen for continuous sale and repurchase starting January 1
15 mutual fund NFOs are open for subscription nowNFOs are currently available for subscription.
These 3 mutual fund categories offer over 40% return in one year
Consumption and healthcare among five key themes that can aid the markets in 2025: Nilesh Shah of Kotak Mutual FundIndia is in a multi-year capital expenditure cycle, driven by central government and corporate spending. This widespread investment boom has led to a surge in corporate orders, reaching levels last seen in 2017, with private sector projected costs at a 10-year high.
SBI Quant Fund NFO opens for subscription. Key things to know
Year-ender 2024: 5 international funds offer negative returns this yearFive international MFs have delivered negative returns this year. HSBC Brazil Fund recorded the highest loss around 23.78%. Global challenges such as inflation, currency fluctuations, and geopolitical tensions contributed to these poor returns. Despite negative trends, experts recommend maintaining an 8-10% allocation in international funds for a diversified portfolio and long-term investment strategy.
What advantages do ultra short-term mutual funds offer?Macaulay Duration measures the time it will take for the principal of a bond to be repaid from the internal cash flows generated by the bond. Currently, the industry has 25 schemes that manage assets of `1.07 lakh crore.
Quant MF hires CEO, appoints other senior executivesIn a letter addressed to investors, the fund house said, "We have closed the appointment of chief executive officer, who is someone with a strong regional and global experience. We expect the CEO to join us by April 2025." Quant did not disclose the identity of the incoming CEO.
ICICI Prudential Mutual Fund launches NFO of Nifty 500 Index FundICICI Prudential Mutual Fund has launched ICICI Prudential Nifty 500 Index Fund. The NFO is open from December 10 to 17. The fund aims to replicate the Nifty 500 Index. It will be managed by Nishit Patel, Priya Shridhar, and Ashwini Shinde. The minimum investment is Rs 100.
Quant Mutual Fund close to fully deployed, betting on market revivalWith recent macroeconomic and corporate earnings data showing improvement and the market beginning to show signs of revival, Quant Mutual Fund believes it is nearing full deployment.
Stocks
Market Trading Guide: Bank of India, Canara Bank among 8 stock recommendations for ThursdayIndian markets closed marginally higher on Wednesday, extending their four-day winning streak. HDFC Bank was the top contributor to gains. The Nifty is trading in a range of 24,350-24,700. A break above 24,700 could trigger further upside.
Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focusWall Street's main indexes climbed on Wednesday, with the S&P 500 and Nasdaq hitting record highs, fueled by tech stocks. Investors awaited comments from Fed Chair Jerome Powell. Private payrolls saw moderate growth, while Salesforce boosted the Dow after exceeding revenue forecasts. Markets also focused on upcoming economic data releases.
These 12 consumer discretionary stocks fresh hit 52-week highs, rallied up to 25% in a monthA 52-week high marks the highest price a stock has achieved over the past year, providing key insights for traders and investors.
Tech View: Nifty forms a spinning top candle on daily chart. What traders should do on ThursdayDr. Praveen Dwarakanath, VP of Hedged.in, noted a spinning top candle on the charts. A bullish candle Thursday could confirm an upward move, while a bearish one may signal a drop toward the 24,100 support level.
Stock market update: Stocks that hit 52-week lows on NSE in today's tradeBharti Airtel, Cipla, Bajaj Auto, Tata Motors and Adani Ports SEZ were among the top losers on NSE in today's trade.
Stock market update: Stocks that hit 52-week highs on NSE in today's tradeNiva Bupa Health Ins, Bang Overseas, Lincoln Pharma, HEG and Shivalik Rasayan, hit their fresh 52-week highs during the day.
Sensex rises! These stocks gained over 10% on BSEIn the Nifty 50 index, 22 stocks ended in the green, while 28 stocks closed in the red in today's trade.
Sensex rises! These stocks rallied over 15% on BSE in today's tradeIn the Nifty50 index, 22 stocks closed in the green, while 28 stocks ended in the red.
Stock market update: Nifty Pharma index 0.1%The Nifty Pharma index closed 0.1 per cent at 22422.90.
Meja Urja Nigam board approves first dividend of Rs 350 cr for FY25UP-based Meja Urja Nigam Pvt Ltd (MUNPL) on Wednesday said its board has approved the first interim dividend of Rs 350 crore for the current financial year. The dividend will be paid in ratio of 50:50 to promoter entities NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) by this week, the company…
