Follow us on:     

Latest News  |  IPO

  • MUTUAL FUNDS / SCHEMES UPDATES

Read more...

BSE  |  NSE

SENSEX

Weekly Updates

EQUITY MARKET OVERVIEW

The market staged a smart recovery during the week resulting in a more than 4% gain on the Nifty. Larsen and Toubro Oil marketing companies and Banks were the major contributors to the rally. The Nifty now is in a positive territory year to date. However, the Midcap index still hovers in the negative.

Global uptick in equity markets was the major driver for the Indian markets. Strong buying by FPIs and Indian institutions also helped.

Morgan Stanley has upgraded India in its emerging market portfolio to overweight.

The gains in the market were driven mainly by Larsen and Toubro which guided for a 15% increase in order flow next year as well as bottom fishing in banking stocks.

Going forward onset of monsoon would be the key growth driver for the markets. The market closed at 8156, much above the 8000 mark and could take a breather at these levels.



(Updated on Every Sunday)Read more...

Mutual Funds

HDFC Tax Saver
Nav as on 25/05/2016 50.88
1 year annualised returns -9.46
Since inception 26.84

DSP Blackrock Top 100 Equity Fund
Nav as on 25/05/2016 19.63
1 year annualised returns -3.73
Since inception 22.72

Birla Sun Life Forntline Equity Fund
Nav as on 25/05/2016 24.41
1 year annualised returns -0.96
Since inception 22.42

Read more...

Dividend Announcement

Scheme Current NAV Div. % Record Date
Kotak Emerging Equity Scheme-Regular Plan(D)21.1913%May 27, 2016
BNP Paribus Equity Fund(D)16.4610%May 27, 2016

New Fund Offer

Scheme Structure Remarks Offer Period End
Read more...

 

Know Your Client

In order to comply with regulatory provisions under the Prevention of Money Laundering Act 2002, Rules issued there under and related guidelines/circulars issued by SEBI, KYC formalities are required to be completed for all Unit Holders, including Guardians and Power of Attorney holders, for any investment (whether new or additional purchase) of Rs. 50,000 or more in mutual funds. For the convenience of investors in mutual funds, all mutual funds have made special arrangements with CDSL Ventures Ltd. (CVL), a wholly owned subsidiary of Central Depository Services (India) Ltd. (CDSL)).
Download form Or read more...

Advertisement Banner

 

 

Sagar Investments