Kotak Pioneer Fund new fund offer is currently open and closes for subscription on October 23.
Lumpsum investments dropped owing to uncertain outlook, resulting in a 28% drop in total inflows; debt schemes across all categories witness outflows
CPs can be issued in denominations of Rs 5 lakh or multiples thereof.
In AAArated deposits an investor can earn 8.3-8.4 per cent from a threeyear deposit.
AUM of mutual funds fell to Rs 24.50,786.76 crore from Rs 25,47,593.76 in August.
The top five holdings are L&T, ITC, SBI, Axis Bank and NTPC, that account for 56% of the portfolio.
Conservative investors looking for lower uncertainty in returns from equities could invest in dynamic asset allocation or balanced advantage schemes
An arbitrage fund is a category of equity mutual fund that leverages the price differential in the cash and derivatives market to generate returns
Financial planners believe there are better options available in secondary market to scout for.
Investors who want to make a quick buck could subscribe to the fourth installment of Bharat 22 Exchange Traded Fund.
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