ADITYA BIRLA EQUITY FUND

Grasim, Punjab & Sind Bank to issue Rs 5,000-cr bonds

Grasim Industries, the flagship company of Aditya Birla Group, a conglomerate with $100-billion market capitalisation, is looking to raise ₹2,000 crore at a coupon rate of around 7.21%, the sources said.

ET Awards: Capital leveraged well under her watch, meet Aditya Birla Capital's Vishakha Mulye, businesswoman of the Year

Vishakha Mulye, CEO of Aditya Birla Capital, was named Businesswoman of the Year. She spearheaded the company's shift to a retail-focused model, raised significant capital, and oversaw substantial growth in assets and lending. Her leadership also resulted in a more than doubled stock price since her appointment.

NFO Alert: Aditya Birla Sun Life Mutual Fund launches CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund

Aditya Birla Sun Life Mutual Fund has introduced a new debt index fund, tracking the CRISIL-IBX Financial Services 3 to 6 Months Debt Index. The NFO is open until December 16, offering low interest and credit risk. The fund aims to replicate index returns and is suitable for investors seeking short-term income.

SBI and HUDCO among 6 PSU stocks Quant Small Cap Fund bought in November

In November, the smallcap fund boosted its holdings in 11 stocks, including Aditya Birla Fashion and Retail, Afcons Infrastructure, Aster DM Healthcare, BASF India, Bayer CropScience, Gujarat State Fertilizers & Chemicals, Jio Financial Services, Minda Corporation, RBL Bank, Reliance Industries, and Sequent Scientific

​Invest in Ambani, Adani stocks with Aditya Birla SL Conglomerate Fund NFO. 10 things to know

How to invest in Adani, Ambani, Tata and Birla stocks with just one mutual fund scheme

Aditya Birla Sun Life Mutual Fund has launched a new fund offering (NFO) for its Conglomerate Fund. The fund invests in top Indian conglomerates like Adani, Tata, Reliance, and Birla. Open for subscription until December 19, the fund aims for long-term capital appreciation and offers diversification across various sectors.

Set-off clause in 'Skin-in-the-Game' rules softens blow for MF executives

The Securities and Exchange Board of India's (Sebi) policy that came into effect in October 2021 required senior officials and the investment team of mutual funds to lock in 20% of their take-home salary in schemes managed or overseen by them to help align the interests of key employees with those of the unitholders.

SBI Quant Fund, and 8 other mutual fund NFOs to open for subscription this week

Nine mutual fund NFOs are opening this week, including TATA FMP-61-D-91D, Kotak Nifty 100, SBI Quant Fund, and Bajaj Finserv Healthcare Fund. They focus on equity, fixed income, and sector-specific themes.

Are they getting ready for re-rating as a group? 6 companies from the Aditya Birla stable

In the last few years, the overall re-rating in the Indian markets has largely been sector-based. But there has been a re-rating based on ownership as well. The Tata Group is a prime example. A number of Mahindra Group companies have also been re-rated. In the context of the Tata Group, let’s see what this means for shareholders. Till a few years back, despite being listed for decades, the overall returns on Tata Group stocks – barring one or two companies – were not very high. But, under new leadership, the house was “put in order”. The result: In the last five years, most group stocks have made up for their past underperformance – and market capitalization has gone up multiple times.Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

9 mutual fund NFOs will open for subscription next week

NFO Update: Aditya Birla Sun Life Mutual Fund launches conglomerate fund

Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life Conglomerate Fund, an open-ended diversified equity scheme focused on conglomerate-themed investments. The NFO opens on Dec 5 and closes on Dec 19, with continuous sale and repurchase options post-allotment. The fund aims for long-term capital appreciation by investing in the equity of conglomerate-themed companies and will be benchmarked against the BSE Select Business Groups Index.

ZF Group sells 4.3 pc stake in Indian subsidiary for Rs 1,022 crore

ZF Group sold a 4.32% stake in its Indian subsidiary, ZF Commercial Vehicles Control System (CVCS) India, for ₹1,022 crore. The move aims to increase financial flexibility for ZF's growth plans, while maintaining its majority shareholding in the Indian market leader. Aditya Birla Sun Life Mutual Fund was among the buyers.

PSU equity mutual funds lose up to 17% in three months. Still invested?

PSU-themed mutual funds experienced losses of up to 17% over the past three months. Despite long-term gains, recent performance has been impacted by mean reversion. Experts advise investors to maintain their investment strategy if these funds align with their overall portfolio allocation.

HCL Technologies, Paytm, and BSE among stocks that mutual funds bought and sold in October

Indian mutual funds purchased Rs 872 billion worth of stocks in September, focusing on large-cap stocks like Reliance Industries and HDFC Bank. Mid-cap additions included 360 One Wam and Tata Chemicals, while small-cap additions favored Sansera Eng and Sundaram Clayton. Mutual funds actively adjusted their portfolios throughout October, indicating a dynamic market approach.

Best flexi cap mutual funds to invest in November 2024

Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market.

Flood of pension money props up ETFs and index funds amid market correction

Indian investors poured money into exchange-traded funds and index funds in October. Pension fund EPFO led the way, investing heavily during a market dip. Mutual funds remained active buyers, absorbing foreign investor sales. Mid-cap and small-cap funds saw record inflows. Investors favored sectors like MNCs, consumption, and infrastructure.

Vi's turnaround at risk after plan to raise ₹25,000 crore debt hits a snag

Vodafone Idea's financial turnaround is in jeopardy as its ₹25,000 cr debt-funding plan faces delays following the Supreme Court's AGR ruling. The delay has raised concerns about Vi's ability to invest in 4G and 5G expansion, crucial for competing with rivals Jio and Airtel. Analysts predict government intervention, including converting dues into equity, to prevent a collapse.

Cyclical not structural? Don’t worry about earnings underperformance beyond 1-2 quarters: A Balasubramanian

Despite recent market dips attributed to global economic concerns and uncertainty surrounding US policies, A. Balasubramanian, CEO of Aditya Birla Sun Life AMC, reassures investors that India's economic fundamentals remain strong. He believes the current market correction, while influenced by factors like mixed Q2 results and cautious consumer sentiment, presents a buying opportunity for fundamentally sound companies.

NFO Alert: Aditya Birla Sun Life Mutual Fund launches Infrastructure Index Fund

Aditya Birla Sun Life Mutual Fund launched Aditya Birla Sun Life BSE India Infrastructure Index Fund. The NFO is open from November 14 to 28. The fund aims to provide exposure to India's growing infrastructure sector.

NFO Alert: Aditya Birla Sun Life Mutual Fund launches index fund

Aditya Birla Sun Life Mutual Fund launched Aditya Birla Sun Life BSE India Infrastructure Index Fund, an open-ended index fund replicating the BSE India Infrastructure Total Return Index. The NFO is open from November 14 to 28. The fund aims to provide returns corresponding to the total returns of the index, subject to tracking errors.

Are AMCs better placed than others in the capital market ecosystem? 4 AMC stocks with upside potential of up to 27%

The sharp October selling, sparked by FPIs, did not correct the market to the extent it would have in the past. One reason is that domestic institutional investors (DIIs) – which include mutual funds – absorbed a part of the selling. And they were able to do so because MFs have been getting a steady flow of money through SIPs. They have seen their assets under management (AUM) grow rapidly, strengthening their bottom lines. Will this trend continue? Probably, yes. Why? Because the financialization of saving is just beginning in India.

Vi set to launch 5G by March, starting with Delhi, Mumbai

Vodafone Idea plans to launch 5G services in 17 circles by March 2025, starting with Delhi and Mumbai. The telecom operator also aims to expand its 4G coverage to reach 90% of India's population by June next year. These efforts are part of a revival plan funded by ₹24,000 crore.

8 largecap mutual funds turn Rs 10,000 monthly SIP to Rs 1 crore in two decades

Eight largecap funds turned a monthly SIP of Rs 10,000 into over Rs 1 crore in two decades. The Aditya Birla SL Frontline Equity Fund and HDFC Top 100 Fund achieved Rs 1.38 crore with an XIRR of around 15.45%. Other noted funds include Kotak Bluechip and Tata Large Cap Fund.