ACE EQUITIES

Aggressive hybrid mutual funds deliver up to 55% return in one year. Should you invest now?

JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund gave 47.28% return in the said period.

This equity mutual fund delivered highest returns in April. Know what it bought and sold in the month?

HDFC Defence Fund bought 4.8 lakh shares or 1.76% in Garden Reach Shipbuilders. In multibagger Mazagon Dock Shipbuilders and smallcap JNK India, this fund purchased 1,55,901 (1.36%) and 4,96,367 (1.28%) shares, respectively. The market value of these shares at the end of April 30, 2024, stood at Rs 47.47 crore, 36.62 crore and 34.47 crore, respectively.

Sectoral, thematic mutual funds among top gainers in 2024 so far. Should you invest?

PSU theme based gave the highest average return of around 25.56% in 2024 so far, followed by infrastructure funds which offered an average return of 18.14%. Energy and power based funds gave 16.03% average return.

From lakhpati to crorepati: 3 mutual fund schemes that turned Rs 1 lakh to over Rs 1 crore in 3 decades

Mutual fund investors look for schemes that multiply their investments twice or thrice. An ETMutualFunds analysis found that three equity mutual funds turned Rs 1 lakh to Rs 1 crore in 30 years.

25 equity mutual funds consistently beat their benchmarks in 3, 5, 7 & 10 years

Around 25 equity mutual funds consistently beat benchmarks in various horizons, including ELSS, value, flexi cap funds. Market cap based schemes like large cap, mid cap, ELSS, flexi cap showed strong performance. Investment decisions should consider multiple factors beyond past performance.

Mutual funds kept less cash in pocket in March after 2 months of hoarding

The cash holding by the mutual funds as a percentage of total AUM decreased last month after increasing for two consecutive months.

7 equity MF categories give over 20% return in five years

Smallcap funds led the way in equity mutual funds, followed by Infrastructure and midcap funds. Noteworthy performers included Quant Small Cap Fund, Quant Mid Cap Fund, and Motilal Oswal Midcap Fund, showcasing impressive returns over five years.

What Rs 500 monthly SIP in equity mutual funds turned to in 3-years? Here are top performers, duds

The highest returns have been delivered by Quant Small Cap Fund while the lowest by UTI Flexi Cap Fund-Reg(G).

Vijay Kedia-backed TAC Security IPO opens on March 27. Check issue size, price band, GMP and other details

TAC Security IPO is being made through the book-building process, wherein 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors.

Focused vs thematic funds: Who holds the edge and top 5 funds in each category

Focused funds carefully allocate holdings, while thematic funds invest in specific themes. ETMarkets analysis reveals top performers in each category, with thematic funds outperforming in average 1-year returns.

Time to be worried about overvaluations in equities, other assets: Jim Rogers

While speaking at India Today Conclave 2024, Rogers said that the Indian economy was in a sweet spot and markets have “immense potential” to grow in the future if the government keeps delivering on its promises.Rogers, known for expertise in commodities such as gold and silver, said that for the first time in his life.

64% of equity mutual funds outperform respective benchmarks in February

According to the study, AUM (assets under management) of equity mutual funds has surged by 2.76% to Rs 23.12 lakh crore in February from Rs 22.50 lakh crore in January.

ETMarkets AIF Talk: This fund manager with Rs 350 cr in AUM almost doubles wealth in 1 year; picks stocks using GACP model

“On a post-tax basis, investors would be sitting on close to 75-80% returns since inception. We also have the lowest redemption rate in the entire fund management industry,” says Siddharth Oberoi.

Top 5 equity mutual funds that have outperformed benchmarks. Check details

New investors can invest with an amount of Rs 5000 and any amount thereafter while for existing investors, Rs 1,000 and any amount thereafter is allowed. For Systematic Investment Plan (SIP), the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter.

Ace investor Ashish Kacholia buys shares worth Rs 50 crore in multibagger Man Industries

The stock fell to the day's low of Rs 430 after hitting a new 52-week high of Rs 459 on Monday. Apart from Kacholia, the Mansukhani family-promoted company allotted shares to RBA & Finance Investment Company and a dozen mutual funds.

ETMarkets Fund Manager Talk: This fund manager sees 2 themes doing well in India irrespective of election outcome

Fund manager Siddharth Oberoi believes that regardless of the election outcome, the infrastructure and consumer goods sectors will continue to thrive in Dalal Street. The Prudent Equity ACE Fund delivered a 72% return in 2023 with consistent monthly gains. Oberoi sees tremendous opportunities in equities for 2024, driven by increased earnings in listed companies. Although there may be a surge of money due to the US Fed's indication, Indian markets have become less reliant on foreign flows.

ETMarkets AIF Talk: Siddharth Oberoi shares 3 factors to consider for picking stocks from his 27 years of experience

"Management quality is also something we focus on. We look for managements that walk the talk, and those that display sharing the wealth with the minority. Capital allocation is another aspect that takes precedence over other aspects for us. We like to invest in companies that have a return on capital substantially higher than the cost of capital or are near to achieving the same in the near future."

HCC sells 58 acres in Panvel near Mumbai to StoreAce Logistics’ arm for Rs 95 crore

The plot was put on block by the company as part of its monetisation target under a resolution plan entered with its group of lenders. The land parcel was mortgaged to a total 21 lenders including Punjab National Bank, ICICI Bank, IDBI Bank, State Bank of India, Canara Bank, Exim Bank, Bank of Baroda and Life Insurance Corporation of India.

Ace investor Mark Mobius plans a new venture in Dubai

Dubai, where Mark Mobius has lived for the past three years, has emerged as a favored destination for investment banks, asset managers and hedge fund traders, who are drawn by its ease of doing business, tax-free status and allure as a global travel hub. It’s also a more friendly time zone for portfolio managers who have global investments spanning North America to Asia.

Fintechs shuffle the pack to come up with aces; and other top tech, startup stories of the week

Even fintech infrastructure provider Perfios has roped in Sumit Nigam as chief technology officer, who was previously the engineering head at BigBasket, and Anu Mathew as its new chief people officer from Pine Labs with an eye on an eventual listing.

Saregama India Ltd to acquire 6.61 lakh shares of Pocket Aces Pictures for Rs 174 crores

Saregama India, the country's oldest music label company, is set to acquire a majority stake in Pocket Aces Pictures for Rs 174 crore. This acquisition will give Saregama India a 51.82% stake in Pocket Aces. Additionally, Saregama plans to subscribe to 25,974 shares of Pocket Aces worth Rs 15 crore, increasing its stake in the company to 92.61%. Saregama sees this acquisition as an opportunity to expand its intellectual property and distribution network.

5 pieces of wisdom from marquee fund managers to ace the index

Nifty continued its bullish momentum for the third consecutive week and closed higher at 17,828 levels with a gain of 1.30% on the weekly closing basis. Prices have shown a strong reversal from the lower levels and gained more than 5% in just three weeks, which indicates strong buying demand in the benchmark index from the lower levels.

5 debt-free chemical firms largely languish over last 1 year. Can trend reverse?