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Mutual fund schemes often impose an exit load, a fee charged during premature withdrawals to discourage such actions and maintain fund stability. The exit load varies based on the fund type and holding period, and is typically calculated as a percentage of the redemption value.
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News and Media
The mutual fund exited from one stock from its portfolio. It sold 37.17 lakh shares of Tata Chemicals in January.
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News and Media
SBI Mutual Fund, ICICI Prudential, and eight other prominent asset management companies (AMCs) reduced their holdings in over 20 companies during January 2025.ET Bureau provided a snapshot of the key stocks where leading AMCs trimmed their positions, highlighting notable stake reductions that influenced market dynamics and sectoral trends.
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News and Media
Anuj Sonpal, CEO of Valorem Advisors, transformed his high-stress corporate life by taking up running in 2019. His journey led to completing several marathons worldwide, including the Berlin Marathon. He shares how running has taught him patience, resilience, and discipline, positively impacting both his personal and professional life.
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News and Media
In the five trading sessions leading up to February 14, the Sensex benchmark index saw a 2.5% drop, closing at 77,939. This downward trend was evident across all five sessions. During this period, ETMarkets identified 13 stocks within the BSE100 index that consistently experienced price declines throughout the entire span of the last five trading days. (Data Source: ACE Equity)
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News and Media
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