Axis Mutual Fund has launched the Axis Nifty50 Equal Weight Index Fund, an index fund that allocates the same weight to each of the 50 stocks in the Nifty 50 index instead of weighting them by market capitalisation. The new fund offer (NFO) opened on July 3 and will close on July 17. The minimum
Key Points Alerian MLP ETF provides a significantly higher dividend yield through a concentrated portfolio of 20 midstream energy partnerships Vanguard Energy ETF offers a much lower expense ratio and broader exposure across 111 integrated energy companies Vanguard Energy ETF has delivered higher total returns over the past year but carries a higher historical maximum
Invesco Mutual Fund announced its entry into Specialized Investment Fund (SIF) category under the brand name Summit SIF. It also announced launch of its first SIF investment strategy, Summit Equity Long-Short Fund, an open ended equity investment strategy investing in listed equity and equity related instruments including limited short exposure in equity through derivative instruments.
The Mid Cap Fund category delivered average returns of 18.3% CAGR in the last 5 years. Out of the 25 funds in the category, 9 funds delivered returns of more than 20% during this period. The top-performing fund returned 23.4% during this period while the bottom-performing fund returned 12.3%. In comparison the Nifty Midcap 150
AlphaGrep Mutual Fund, which received regulatory approval to commence mutual fund operation in March, announced the launch of its first scheme AlphaGrep Multi Asset Allocation Fund, an open-ended scheme investing in equity and equity related instruments, debt & money market instruments, gold/silver/other permitted commodities ETFs and exchange traded commodity derivatives. Systematic Investment Approach The fund
The Labour minister Hamish Falconer and the Reform MP Robert Jenrick have voiced anger at the cancellation or delay of key transport infrastructure projects to fund the defence investment plan. Falconer, the MP for Lincoln and Middle East minister, and Jenrick, the MP for Newark, were among those who have had cuts to road improvements
NEW YORK, June 30, 2026 /PRNewswire/ — Neuberger Energy Infrastructure and Income Fund Inc. (NYSE American: NML) (the “Fund”) has announced a distribution declaration of $0.07008 per share of common stock. The distribution announced today is payable on July 31, 2026, has a record date of July 15, 2026, and has an ex-date of July 15,
Defence secretary says ‘difficult but necessary’ choices made to find extra armed forces funding BBC Starmer trims budgets to fund extra £15bn for defence BBC Next chancellor will have to find £5bn to fund black hole in defence funding, government figures reveal – UK politics live The Guardian £15 billion new funding boost to transform Armed Forces and
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale,
Keir Starmer announces extra £15bn for defence – live updates BBC Starmer delays spending on military housing to fund defence plan The Telegraph £15 billion new funding boost to transform Armed Forces and keep the UK safe GOV.UK Starmer unveils extra £15bn for UK defence, with some road and energy projects scrapped to fund rise – politics live The