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Axis Mutual Fund announced the launch of the Axis Nifty Bank Index Fund. The scheme opened for public subscription on May 03, 2024, and will close on May 17, 2024.
We considered all equity categories such as large cap, mid cap, large & mid cap, small cap, ELSS, multi cap, flexi cap, focused fund, value, and contra fund categories for the analysis. We considered regular and growth option. We calculated returns from April 1, 2023 to March 26, 2024.
Helios Mutual Fund announced the launch of the Helios Balanced Advantage Fund. The scheme opened for public subscription on March 11, 2024, and will close on March 20, 2024.
Canara Robeco Mutual Fund announced the launch of the Canara Robeco Manufacturing Fund. The scheme opened for public subscription on February 16, 2024, and will close on March 01, 2024.
Year-ender 2023: From mid and small-cap funds burning the charts, to new mutual fund houses entering the industry, 2023 benefited the disciplined investor.