Mutual funds
The Board of Directors of MCB Investments Management Limited, the management company of MCB DCF Income Fund, has approved the financial results for the year ended June 30, 2024. The results show a significant increase in income and net earnings for the fund. The primary sources of income for the
Mutual funds
The mutual fund space has seen significant growth in the last five years, increasing almost three times from about Rs 25 lakh crore in 2019 to about Rs 67 lakh crore in 2024. In the last one year, there are funds that have risen by over 50%. Here are five
Mutual funds
SBI Mutual Fund, the largest bank-backed mutual fund in India, has several top-performing schemes across various categories. With an asset under management of nearly Rs 9 lakh crore, the fund house has more than 120 funds available for investors to choose from. Based on their five-year performance, the top 5
Investment plans
Over the last decade, India's stock market has witnessed remarkable growth, with benchmark indices Sensex and Nifty increasing by 11.75% and 12% respectively. This surge in market value has been catalyzed by the growing participation of retail investors, particularly through Systematic Investment Plans (SIPs) in mutual funds.
Mutual funds
Flexi cap funds offer flexibility in choosing market cap segments and have become popular among investors due to dynamic asset allocation. These funds invest a minimum of 65% in Indian stocks and can invest the remaining in debt instruments or cash. Top 5 flexi cap funds based on their returns
Financial markets
Karachi-based JS Bank has emerged as a market leader in the mutual fund sector, offering a diverse range of funds that cater to various financial objectives and risk appetites. With a strategic platform for investors to diversify their portfolios, these funds are designed to maximize returns while minimizing risks. By
Mutual funds
The mid-cap segment of the Indian equity market offers a mix of potential for high returns and higher risk tolerance. Investors with a medium- to long-term horizon and a higher risk appetite can consider investing in these funds. Among them, the top 10 mid-cap funds have delivered impressive returns over
Mutual funds
Alkhabeer Capital, a leading investment firm, has announced the interim financial statements for its Alkhabeer Growth and Income Traded Fund as of June 30, 2024. The report highlights a substantial net profit and a significant increase in net assets, demonstrating a strong performance in a dynamic market environment. The fund&
Mutual funds
The latest data from the Pakistan Stock Exchange shows limited activity in the HBL Financial Sector Income Fund and its Plan-1, both of which were listed in 2022. The primary fund has not displayed any offer or redemption prices since its year of listing and has reported no distributions for
Mutual funds
Pune, Maharashtra, India-based Bajaj Finserv Asset Management Ltd. has introduced a new fund, Bajaj Finserv Large Cap Fund, designed to provide investors a blend of high conviction investing and consistent performance. The fund's key features include a high active share and a concentrated portfolio of select stocks. The
Mutual fund industry
Prudent Corporate Advisory Services Limited (Prudent) has announced that its Assets Under Management (AUM) have surpassed the 1 Lakh Crore mark as of July 26, 2024. This significant achievement represents a 5x increase in Equity AUM over the past five years. Prudent has grown its industry ranking for mutual fund
Mutual funds
SBI Mutual Fund, India's largest bank-backed mutual fund, has several top-performing schemes across categories. The fund house, the mutual fund arm of India's largest PSU bank SBI, has schemes ranging from equity, debt to hybrid category. Over the last 10 years, some of these schemes have
