Arbitrage funds, the new favourite of individual investors, delivered their best performance in nearly a decade in 2024. Illustration: Dominic Xavier/Rediff.com On average, the schemes delivered......
Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65% of the total additions to equity funds over the past two years.......
Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.......
Data from Amfi shows that NAV of every one in two BAFs declined 1.5% or less on Monday compared to a 3.13% decline in Nifty 500. Illustration: Dominic Xavier/Rediff.com Balanced Advantage......
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. Illustration: Dominic......