ICICI Prudential Mutual Fund, SBI Mutual Fund and Morgan Stanley Asia Singapore Pte. were among the major mutual funds that purchased the Rs 5,500-crore stake offloaded by promoters of Bajaj Finserv Ltd. on Friday. A total deal value of 1.78% was offloaded by numerous mutual funds and insurance companies in a large block deal. The promoters were Bajaj Holdings and Investment (0.65% sold) and Jamnalal Sons Pvt (1.13% sold), according to the NSE bulk deal data.
PPFAS Mutual Fund: Based on Share.Markets CRISP Mutual Funds Scorecard, funds with high exposure to Value and Momentum styles outperformed across most categories over the past five years. Consistent performers include Nippon India, HDFC, ICICI Prudential, Franklin Templeton, and PPFAS Mutual Funds, with a strong focus on Quality, Value, and balanced investment styles driving sustained success.
India Business News: WestBridge Capital divested a 12.4% stake in Aptus Value Housing Finance for Rs 1,906 crore through an open market transaction via WestBridge Crossove
Twenty-seven equity mutual fund schemes have delivered over 25% CAGR in both three- and five-year periods, with HDFC Mutual Fund leading the pack. Funds like Quant Small Cap, Franklin India Prima, and Motilal Oswal Midcap stood out for their stellar performance. The analysis spans all equity categories and is based on regular, growth options—not a recommendation.
Mutual funds' cash holdings rose by Rs 17,361 crore in April amid market volatility and slowing inflows. With valuations still elevated, fund houses prefer holding cash, focusing on large-caps, hybrid strategies, and selective deployment into small-cap opportunities.
Ather Energy shares made a muted debut on the Indian exchanges on Tuesday. Ather Energy launched its maiden public offer on April 28 and April 30 to raise Rs 2,981 crore. The Tiger Global backed electric scooter maker raised Rs 1,340 crore from anchor investors on April 26 before the IPO opened.
Mutual funds' cash holdings have surged to a 15-year high in March 2025, signaling fund managers' cautious approach amid limited attractive investment opportunities. This elevated cash level mirrors trends seen in 2011 and 2018, preceding Nifty rallies concentrated in large-cap stocks. Investors should temper return expectations and prioritize portfolio quality, asset allocation, and risk management.
With the market recouping the losses it posted in the past six months, and spiking day after day, mutual fund houses have rolled out as many as eight new fund offers for investors.
Voltas: Whirlpool Corp is considering selling a 31% stake in its Indian subsidiary, attracting interest from private equity giants like Advent, Bain, and TPG. The sale aims to raise $550-600 million, with Whirlpool Corp retaining a 20% stake and increased autonomy for the Indian unit.
Whirlpool Corp is considering selling a 31% stake in its Indian subsidiary, attracting interest from private equity giants like Advent, Bain, and TPG. The sale aims to raise $550-600 million, with Whirlpool Corp retaining a 20% stake and increased autonomy for the Indian unit.
Ather's IPO is seeing steady demand from retail investors, who have subscribed 50% of the portion reserved for them on the first day of the bidding process so far.
US tariffs risk slowing growth, clouding inflation outlook, and weakening the dollar. Treasury yields rise amid capital flight. Global fiscal stimulus builds, boosting gold. Multinational and domestic consumption-focused companies could outperform as uncertainty and stagflation risks rise.