About the fund Zerodha Overnight Fund is a low-risk mutual fund designed for investors looking to park their surplus funds. It invests primarily in government-backed securities with a 1-day maturity, aiming to provide an efficient way to manage short-term funds with a relatively low interest rate and credit…
View on market: Volatility Prevails, Market is searching for better value Asian stock markets showed strength, moving against the downward trend seen in the U.S. Japan and South Korea saw gains, while Australian stocks dipped slightly. Hong Kong’s market showed strong momentum in futures trading. In contrast, U.S.…
View on market: Volatility Prevails, Market is searching for better value Asian stock markets opened higher on Tuesday, tracking gains in the US, where retail sales data eased recession concerns. Japan, Australia, and South Korea saw early increases, while Hong Kong was expected to follow. The positive momentum…
Portfolio Positioning and Construction The fund aims to replicate the BSE Quality Index with the below methodology: The index aims to track the performance of the 30 highest quality companies in the BSE LargeMidCap, based on their quality scores. Stock Selection Criteria: Companies are evaluated in terms of…
The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved. (source:…
View on market: Volatility Prevails, Market is searching for better value Asian stock markets saw gains as China introduced new measures to boost consumer spending. Japan, Australia, and South Korea recorded positive movement, while Hong Kong futures pointed to a strong opening. Investors responded positively to China’s efforts…
View on market: Volatility Prevails, Market is searching for better value Stock markets in the Asia Pacific region rose on Thursday after a softer US inflation report helped Wall Street recover from two days of losses. South Korea’s market gained, while Australia’s index initially rose but later lost…
NSE has introduced a new sectoral index, the Nifty Chemicals Index, aimed at tracking the performance of companies within the chemicals sector. This index focuses on the top 20 stocks from the Nifty 500 that belong to the chemicals industry, selected based on their six-month average free-float market…
Nido Home Finance Limited, formerly known as Edelweiss Housing Finance Limited, was incorporated on May 30, 2008, in Mumbai as a public limited company under the Companies Act, 1956. The company is a non-deposit-taking housing finance provider specializing in secured loan products tailored to meet the needs of…
View on market: Volatility Prevails, Market is searching for better value Stock markets in the Asia Pacific region traded within a tight range on Wednesday, showing mixed performances across major indices. Investor sentiment improved after the U.S. president downplayed recession fears, helping U.S. markets stage a late recovery…