NFO: Nippon India Asset Allocator FoF; details, how to invest
With help of in-house proprietary model, the scheme decides allocation across Large Cap, Mid Cap, Small Cap, Short Term Debt, Long Term Debt and Gold ETF Read More
Franklin gets ‘yes’ vote for winding up the six debt MFs
Over 96% of unit holders vote in favour. Supreme court will next meet on January 25 to give directions on how the investors in the schemes should be paid back Read More
Indigo Paints IPO opens on January 20; Should you invest?
Indigo Paints Ltd will open its initial public offer (IPO) for subscription on January 20 with a price band of Rs 1,488-1,490 per share. The company is targeting to raise Rs 1,170 crore for the IPO. The Indigo IPO opens on 20th January 2021 and closes on 22nd January. Read More
Franklin debt schemes collect Rs 669 cr in Jan 1-15 period; 65% cash back in low duration fund
Franklin Templeton Mutual Fund’s six debt funds have collected Rs 669 crore in the January 1 to 15 period, which is 45% less than Rs 1,213 crore it collected in the previous fortnight of Dec. Read More
Power Finance Corporation NCDs offer upto 7.15% interest; how to invest
Power Finance Corporation’s first tranche of NCDs (non-convertible debentures) with a base issue size of ₹500 crore and greenshoe option of ₹4,500 crore (total ₹5,000 crore). Read More
Abakkus funds beat market comprehensively in 2020
Alternative investment funds (AIFs) of Abakkus Asset Management, led by Sunil Singhania, have delivered satisfying performance to investors in 2020. Abakkus Emerging Opportunities Fund – 1, also called AEOF, logged in 51% returns for CY20. Read More
All about alternative investment funds or AIFs; how to invest in them
A mutual fund collects money from various investors to invest in stocks, fixed-income investments, gold and so on. Alternate Investment Funds (AIFs) pool money to invest in other funds. Read More
All you wanted to know about Indian Railway Finance Corporation (IRFC) IPO
The Rs 4600-crore initial public offer (IPO) of public sector NBFC Indian Railway Finance Corporation (IRFC) is hitting the markets next week IRFC IPO. Read More
How to invest in secondary market bonds
The bond market has witnessed much action in the past year, all thanks to big events such as the coronavirus. While interest rates in the country have fallen, bond prices have gone up and yields of bonds have fallen. Read More
Review: Kotak NASDAQ 100 Fund of Fund NFO offers exposure to global tech stocks
Offering a chance to invest in global companies listed in the U.S., Kotak Mahindra Asset Management Company Limited (Kotak Mutual Fund) has announced the launch of Kotak NASDAQ 100 Fund. Read More
