News for SBI Mutual Fund (SETFSN50.BO)

Around 19 AMCs had exposure of less than Rs 100 crore. JM Mutual Fund and HSBC Mutual Fund had exposures of Rs 86.63 crore and Rs 78.44 crore, respectively. PPFAS Mutual Fund held about 4.40 lakh shares valued at Rs 43.56 crore.

Defence equipment manufacturer Solar Industries India on Friday announced that the firm bagged a ₹2,150 crore international defence supply export order, according to a BSE filing.

Edelweiss Mutual Fund sets a Rs 1 lakh daily subscription limit per PAN for its 7 global schemes, effective from February 27, 2025. The change aims to comply with overseas investment caps.

The shares of leading wires and cables manufacturers Polycab India, RR Kabel, KEI Industries, Havells India, and Finolex Cables plunged on Tuesday after Aditya Birla Group company UltraTech Cement announced its entry into the industry.

SBI Mutual Fund on Friday bought additional shares of pharmaceutical company Alkem Laboratories for Rs 300 crore through an open market transaction. According to the block deal data available on the National Stock Exchange, SBI Mutual Fund acquired 6.41 lakh shares or 0.54% stake in Mumbai-headquartered Alkem Laboratories.

97% of sectoral and thematic mutual funds posted losses in the last six months, with only five funds delivering up to 3.82% returns. Samco Special Opportunities Fund lost the most (-24.31%), while DSP Banking & Financial Services Fund gained the highest (3.82%). Investors should assess risk appetite before making investment decisions.

Comparing India to the US, he noted that over 62% of American adults invest in stock markets due to higher per capita GDP. In contrast, he said, India’s economic situation makes it unwise to push stock market investments onto low-income earners.

ReNew Energy Global Plc (NASDAQ:RNW) Q3 2025 Earnings Conference Call February 19, 2025 8:30 AM ETCompany ParticipantsAnunay Shahi - IRSumant Sinha -...

For AMCs, signing up new investors when costs are being subsidised and past returns look great, may be easy

Launched in 2021, the SBI Balanced Advantage Fund is an open-ended dynamic asset allocation fund that diversifies its investments between equity and debt.

JanNivesh scheme is an SIP option that starts at Rs 250 with daily, weekly, and monthly investment plans

This is not just a monthly or fortnightly investment plan as people from rural and semi-urban areas will be doing daily SIPs, SBI Chairperson CS Setty said.

By investing a monthly SIP of Rs 250, investors have the potential to amass a significant corpus of Rs 17.30 lakh over a period of 30 years, assuming an expected rate of return of 15%.

Harish Bihani, born in Kolkata, is a Senior Fund Manager at Kotak Mutual Fund, focusing on identifying companies with durability and growth potential. He manages Kotak Small Cap, Business Cycle, and Pioneer Funds with a combined AUM of around Rs 23,000 crore, emphasizing long-term value creation and strategic stock picking.

Stocks including Bharti Airtel, Zomato, ABB India, Paytm, Anant Raj, SBI Cards, GMR Airports, KIMS and Uno Minda more will be in the spotlight on Tuesday, February 14.

GMR Airports reported an 11% YoY increase in passenger traffic for January 2025 to 1.06 crore, though it declined 2% MoM. Aircraft movements rose 9% YoY to 63,767 but fell 1% MoM.

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Whole-time members join race to become SEBI chief

Expenses at the online gaming company rose 76% to Rs 530.9 crore, driven by a threefold rise in ad and promotional costs and an 86.5% increase in staff benefit costs. Operating revenue climbed 67% to Rs 534.6 crore.