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Securities and Exchange Board of India (SEBI) in its recent circular states that the nomination process for jointly held mutual fund accounts is now optional.
Shares of JNK India Ltd got listed at a premium of 49% over issue price of Rs 415.
Groww AMC and Axis AMC have launched the NFOs for Groww Nifty Non Cyclical Consumer Index Fund and Axis Nifty Bank Index Fund. The NFOs closes on 16th and 17th May respectively.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.3% | 24.3% | 15.3% | 21.9 | 3.9 |
| NIFTY NEXT 50 | 2.6% | 65.1% | 23.6% | 24.5 | 4.7 |
| S&P BSE SENSEX | 0.2% | 20.7% | 17.9% | 23.7 | 3.6 |
| S&P BSE SmallCap | 0.1% | 61.9% | 35.2% | 33.8 | 3.6 |
| S&P BSE MidCap | 2.0% | 64.6% | 26.9% | 30.5 | 3.9 |
| NASDAQ 100 | 1.0% | 34.9% | 12.7% | 32.0 | 3.2 |
| S&P 500 | 0.6% | 24.0% | 10.4% | 27.8 | 4.8 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Mirae Asset Hang Seng Tech ETF FoF | 5.7% | -0.5% | NA |
| DSP Banking & Financial Services | 4.0% | NA | NA |
| 3.9% | 74.2% | NA | |
| Tata Nifty Midcap 150 Momentum 50 | 3.8% | 73.6% | NA |
| 3.8% | 46.3% | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HSBC ELSS Tax Saver | 1.9% | 45.5% | 21.1% |
| JM ELSS Tax Saver | 1.9% | 53.0% | 25.0% |
| LIC MF ELSS Tax Saver | 1.8% | 33.9% | 18.7% |
| WOC ELSS Tax Saver | 1.6% | 46.9% | NA |
| Nippon India ELSS Tax Saver | 1.4% | 45.4% | 23.4% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| REC | 23.6% | 308.8% | 38.8% |
| Power Finance Corporation | 18.0% | 246.0% | 39.4% |
| Schaeffler India | 15.2% | 37.0% | 28.9% |
| Supreme Industries | 15.2% | 80.4% | 34.8% |
| Hindustan Zinc | 14.2% | 49.1% | 11.6% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU Strategic Metal & Energy Equity FoF | -3.7% | 10.0% | NA |
| DSP World Mining | -2.4% | 2.2% | 16.1% |
| Navi Nifty IT Index | -2.3% | NA | NA |
| IPRU Nifty IT Index | -2.3% | 20.0% | NA |
| Edelweiss US Technology Equity FoF | -2.3% | 52.8% | 6.5% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| HCL Technologies | -10.4% | 26.3% | 18.4% |
| Apollo Hospitals Enterprise | -5.9% | 33.8% | 38.1% |
| Kotak Mahindra Bank | -5.8% | -19.5% | 1.9% |
| Vodafone Idea | -5.0% | 91.3% | -4.0% |
| Bajaj Finance | -5.0% | 10.9% | 17.2% |
Bought and Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 0.7% | 38.3% | 22.7% |
| UTI Nifty 50 Index | 0.2% | 25.3% | 16.4% |
| Quant Small Cap | 1.1% | 71.8% | 40.3% |
| Quant Mid Cap | 2.2% | 73.1% | 39.2% |
| Quant Infrastructure | 0.7% | 79.3% | 42.1% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Kotak Small Cap | 0.9% | 43.9% | 25.1% |
| DSP Nifty Next 50 Index | 2.5% | 65.6% | 24.0% |
| Sundaram Equity Saving | 0.3% | 22.8% | 14.9% |
| Mirae Asset Large Cap | -0.1% | 24.8% | 15.7% |
| HSBC Midcap | 2.5% | 63.0% | 25.4% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Axis Nifty 50 Index | 0.3% | 25.9% | NA |
| Bandhan Small Cap | 1.1% | 79.2% | 32.91% |
| Axis Small Cap | -0.4% | 41.3% | 26.9% |
| UTI Nifty Next 50 Index | 0.25% | 65.5% | 23.9% |
| Bandhan Core Equity | 1.2% | 58.5% | 27.9% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Tata Motors | 1.2% | 111.0% | 37.4% |
| Adani Power | 2.1% | 156.3% | 68.6% |
| 4.5% | 368.0% | NA | |
| Tata Power Company | 5.4% | 125.4% | 46.9% |
| Suzlon Energy | -1.9% | 410.5% | 46.2% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Super Micro Computer | -8.7% | 470.4% | 103.2% |
| NVIDIA Corporation | 1.2% | 209.6% | 81.1% |
| Meta Platforms | 2.0% | 94.2% | 18.3% |
| Netflix, Inc. | 3.2% | 79.5% | 8.5% |
| Amazon.com | 3.7% | 76.2% | 13.7% |
Data Source: NSE, BSE & Kuvera.in
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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Investment in the securities is subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
This market update was initially published by Livemint.
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