Equity mutual funds deliver up to 7% return last week; international funds lead. Check top 8 performers with over 3% gains
Equity mutual funds generated strong returns last week, with international funds dominating the performance chart. Mirae Asset Global X Artificial Intelligence & Technology ETF FoF emerged as the top performer, while several global, emerging market and thematic funds delivered gains of more than 3%, according to ACE MF data.
‘Misleading financial statements’: Suzlon to challenge Sebi’s penalty order before SAT
Suzlon Energy plans to challenge Sebi’s order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged accounting and disclosure violations related to FY14-FY18. The company will appeal before the Securities Appellate Tribunal, while Sebi maintains that certain transactions and disclosures misrepresented its financial position.
FPIs’ outflow nears Rs 33,000 crore in May on weaker rupee
However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows of Rs 60,847 crore and extended into May with withdrawals of nearly Rs 33,000 crore.
9 Midcap stocks with massive upside potential of up to 45%! Do you own any?
Nifty Mid-Cap 100 stocks are showing strong upside potential, with analyst consensus estimates suggesting 25% to 45% gains over the next 12 months. Based on Trendlyne data, several mid-cap companies across sectors such as e-commerce, real estate, FMCG and infrastructure are attracting Buy and Strong Buy ratings, indicating broad-based market optimism.
Zepto shares crash 30% in unlisted market despite Sebi nod for IPO. What’s cooking?
Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition.
Midcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index peaks
Nippon India Mutual Fund’s Rupesh Patel remains constructive on midcaps despite concerns over valuations, citing resilient earnings growth and improved valuation comfort after a prolonged time correction. He favours financials, consumer discretionary and select industrials, while emphasising a bottom-up stock-picking approach to navigate geopolitical and macroeconomic uncertainties.
14 penny stocks plunge up to 55% in 2 months. Are you affected?
Fourteen penny stocks have declined sharply over the past two months, with losses of up to 55%, highlighting the risks associated with low-priced equities. While such stocks attract investors seeking quick gains, weak liquidity, volatility and governance concerns make them highly vulnerable to sharp corrections and capital erosion.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
One mutual fund and one specialised investment fund (SIF) will open for subscription this week, offering investors exposure to passive and hybrid long-short strategies. HSBC Mutual Fund and Motilal Oswal Mutual Fund are launching the schemes. Investors should align fund selection with their risk profile and financial objectives.
These 7 equity mutual funds lost up to 7% in May. Part of your portfolio?
Equity mutual funds witnessed a weak May, with the worst-performing schemes losing up to 7%. International and sectoral funds dominated the laggards’ list, led by HSBC Brazil Fund. Several consumption, FMCG, energy and PSU-focused schemes also posted negative returns, reflecting pockets of weakness across specific market segments.
5 equity mutual funds offer up to 24% annualised return on SIP investments in 10 years. Check details
Five equity mutual funds, led by small-cap schemes, have delivered strong SIP returns over the past decade, with some exceeding 20% annually. The data highlights the potential of disciplined long-term investing, while reinforcing that investors should align fund selection with risk appetite, goals and investment horizon rather than past performance alone.