Mutual Fund NFOs: 5 new funds open for subscription this week. Check dates, details
Mutual Fund NFOs: 5 new funds open for subscription this week. Check dates, details
Mutual Fund NFOs: 5 new funds open for subscription this week. Check dates, details
Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflows, while longer-duration categories saw redemptions. Experts said flows reflected seasonal treasury movements and continued preference for liquidity.
Within India, Chandan isn’t making narrow thematic bets either. “Sector-wise, I see meaningful opportunities in financials, materials, industrials, pharmaceuticals and consumer discretionary. The focus remains on identifying quality businesses with strong growth potential, reasonable valuations and the ability to compound earnings over the medium to long term.”
Gold held steady in early Asian trade on Thursday as investors awaited U.S. nonfarm payrolls data that could help shape expectations for the Federal Reserve’s next policy move. FUNDAMENTALS Spot gold held its ground at $4,386.28 per ounce by 0046 GMT. Prices bounced from a near one-month low on Wednesday after the U.S. dollar and…
MUMBAI: A softer-than-expected inflation trajectory in the first quarter has prompted economists to forecast a pause in rate action by the Reserve Bank of India (RBI), with at least two institutions that had earlier estimated an increase in policy rates at the August review meeting itself are now uncertain about the timelines for a hardening…
Shares of Hindustan Aeronautics (HAL) gained 2% to Rs 5,044 on the BSE on Thursday after multiple brokerages hiked target prices for the defence major after it reported a 15% year-on-year (YoY) increase in its consolidated net profit to Rs 1,590 crore for the April-June quarter of FY27, compared with Rs 1,384 crore in the…
Non-Resident Indians (NRIs) have several options to invest in gold in India, including physical gold, gold mutual funds and Gold ETFs. However, NRIs cannot make fresh investments in Sovereign Gold Bonds (SGBs) under the existing rules. SGBs are government securities denominated in grams of gold and are issued by the Reserve Bank of India (RBI)…