SBI Mutual Fund announced the launch of SBI Automotive Opportunities Fund, an open-ended equity scheme that aims to unlock the potential of automotive and allied business activities. The new fund offer (NFO) opened for subscription on Friday, May 17, and will close on May 31. The fund’s investment universe includes original equipment manufacturers (OEMs), auto … Read more
Apps cherry-pick funds that performed well in the past to paint a rosy picture. There are about 1,500 schemes available at an investor’s disposal at any point. The easiest way for these fintech apps to avoid confusing investors with too many options is to throw them a list of best-performing funds. However, experts caution against … Read more
Unlike mutual funds, this particular fund is neither regulated by the Securities and Exchange Board of India, nor governed by the many rules that safeguard ordinary investors in mutual funds. The BGCI Index, which is designed to measure the performance of some of the largest cryptocurrencies including Bitcoin, Ethereum, Solana, and Polygon, has delivered 500% … Read more