Pit Engineering Ltd News Today

There is nothing that can create peace like sports, Hungarys prime minister said on Saturday at the inauguration of the new sport stadium hall in Mezohegyes.

Following Sebis recent order to use uniform nomenclature for tax saving mutual funds, prominent ELSS have changed their names to help investors in identifying schemes in the same league.

Mutual Funds total assets under management (AUM) have grown significantly in September 2023. As per data of AMFI, the mutual fund industrys net AUM is Rs 46.5 lakh crore, while the average AUM stands at Rs 47 lakh crore for September 2023.

Mutual funds are one of the popular ways of investment among retail investors in India. There are three main categories of mutual funds available in the Indian market. Largecap Funds, Midcap Funds, and Smallcap Funds are the most popular funds.

Smallcap mutual funds invest in smallcap companies and are generally associated with higher risk levels than midcap and largecap funds. The volatility in the stock market impacts their performance. As per reports, the top 10 smallcap funds in India with the highest one-year returns are HDFC Small Cap, Quant Small Cap, Franklin India Smaller Companies, Nippon India Small Cap, Tata Small Cap, HSBC Small Cap, ITI Small Cap, DSP Small Cap, Sundaram Small Cap, Invesco India Smallcap