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In such a scheme the fund manager holds a portfolio of other mutual funds instead of directly investing in equity or bonds. A FoF may invest in one or more schemes of the same fund house or another fund house.
Ahead of Market: 10 things that will decide D-St action on TuesdayNagaraj Shetti, Technical Research Analyst, HDFC Securities, said, “the steep weakness continued in the market for the second consecutive session on Monday, and Nifty closed the day lower by 311 points. The short-term trend o… Read MoreSebi doesn't want 'Abhimanyus' in the market: Buch“If your business model suggests that once the customer is in, then there is no exit for them. We do not like it,” said Buch at the Global Fintech Fest in Mumbai on Wednesday.
from Stocks-Markets-Economic Times https://ift.t… Read MoreNifty Bank may hit 36,000 if RBI takes hawkish measuresThe Nifty Bank has outperformed the Nifty50 in the last couple of months and also tested a lifetime high of 41840.15 points on September 15. But the sell-off in the last two weeks, triggered by the hawkish remarks of the US F… Read MoreSebi comes out with framework for social stock exchangeSSE is a novel concept in India and such a bourse is meant to serve the private and non-profit sectors by channelling greater capital to them. The idea of SSE was first floated by Finance Minister Nirmala Sitharaman in her Bu… Read MoreFed to stick with aggressive rate hikes after hot inflation dataEconomists had expected a small monthly decline amid falling energy prices, paving the way for the U.S. central bank to perhaps slow the pace of its rate hikes in coming months. But the report showed accelerating inflation in… Read More
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