What is Kotak BSE PSU Index Fund? Kotak BSE PSU Index Fund is an open-ended scheme replicating/tracking BSE PSU Index. Investment Objective: The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific markets were trading on a mixed note in early trade, as investors assessed latest comments from the US Federal Reserve Chair Jerome Powell before the Senate Banking committee. The Nikkei 225 was trading flat at 41,578.76,…
Key benchmark indices ended at record high on July 9 led by buying across the sectors. The Sensex was up 391.26 points or 0.49 percent at 80,351.64, and the Nifty was up 112.70 points or 0.46 percent at 24,433.20. Both domestic and global factors continue to drive…
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO ABOUT THE FUND: The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the…
Edelweiss Business Cycle Fund NFO Scheme Details: (source: edelweissmf.com) Edelweiss Business Cycle Fund NFO Investment Philosophy : A factor-based approach to capture trends in business cycles. Factor investing approach is based on internal proprietary model mentioned in the SID (source: edelweissmf.com) Edelweiss Business Cycle Fund NFO The fund…
View on market: Volatility Prevails, Market is searching for better value The India’s benchmark stock indices closed little changed on the first day of the week due to a lack of any major triggers, even as market participants await first-quarter earnings to give direction to the market. Both…
Indian benchmark indices ended flat in the volatile session on July 8. At close, the Sensex was down 36.22 points or 0.05 percent at 79,960.38, and the Nifty was down 3.30 points or 0.01 percent at 24,320.50. The Nifty remained range-bound during the day, as market participants appeared…
Tata Nifty India Tourism Index Fund NFO: India’s travel and tourism segment is on an exciting ascent. Rising disposable incomes, a growing middle income group, and government-led infrastructure initiatives and increased route capacity are fueling India’s travel appetite. This dynamic environment presents an investment opportunity related to the…
View on market: Volatility Prevails, Market is searching for better value Most markets in Asia-Pacific region were trading lower with Hong Kong's Hang Seng falling the most by over 1%. Japan's Nikkei and South Korea's Kospi traded 0.1% lower .Indian benchmarks rose for the fifth week to record…
After showing slight weakness from recent highs over the past few sessions, Nifty experienced a "buy on dips" scenario on Friday and closed significantly higher after a strong intraday recovery. The day started with a downward gap, followed by further declines early on. However, the market saw…