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The Securities and Exchange Board of India (SEBI) proposes a new platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to assist investors trace inactive and unclaimed Mutual Fund (MF) folios.
SEBI has directed Asset Management Companies (AMCs) to deploy funds mobilized through NFOs within a new stipulated 30-day timeframe. In case the AMCs cannot deploy the funds within that timeframe, investors can withdraw from the scheme without an exit load.
Vishal Mega Mart got listed at a premium of 33.4% over the issue price of ₹78. Sai Life Sciences got listed at a premium of 18.4% over the issue price of ₹549. Mobikwik got listed at a premium of 58.5% over the issue price of ₹279.. Ventive Hospitality IPO got over subscribed by 0.75 times. Mamata Machinery IPO got over subscribed by 38.75 times.Transrail Lighting got over subscribed by 5.41 times.
Mirae AMC has launched the NFO for Mirae Asset Nifty India New Age Consumption ETF FoF Growth Plan. The NFO will close on 26 Dec, 2024.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | -4.8% | 11.5% | 11.5% | 21.7 | 3.5 |
| NIFTY NEXT 50 | -5.8% | 35.1% | 18.4% | 21.9 | 3.7 |
| S&P BSE SENSEX | -5.0% | 10.7% | 17.9% | 22.3 | 4.0 |
| S&P BSE SmallCap | -3.2% | 31.9% | 35.2% | 33.1 | 3.8 |
| S&P BSE MidCap | -3.2% | 34.9% | 26.9% | 39.6 | 4.7 |
| NASDAQ 100 | -2.3% | 26.9% | 12.7% | 46.6 | 4.0 |
| S&P 500 | -2.0% | 24.7% | 10.4% | 30.3 | 5.2 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| IPRU Nifty Pharma Index Growth | 1.1% | 39.2% | NA |
| ABSL Pharma & Healthcare Growth | 1.0% | 38.7% | 21.4% |
| IPRU Pharma Healthcare & Diagnostics | 0.8% | 50.4% | 27.0% |
| Kotak Healthcare Growth | 0.7% | 41.2% | NA |
| Nippon India Pharma Growth | 0.7% | 37.7% | 22.0% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| NJ ELSS Tax Saver Scheme | -2.7% | 18.1% | NA |
| Parag Parikh ELSS Tax Saver | -3.0% | 22.9% | 20.0% |
| Shriram ELSS Tax Saver | -3.2% | 21.3% | 17.2% |
| Quantum ELSS Tax Saver | -3.4% | 26.9% | 20.5% |
| Motilal Oswal ELSS Tax Saver | -3.4% | 52.8% | 30.4% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| General Insurance Corporation of India | 16.4% | 55.1% | 16.4% |
| Dr. Reddy's Laboratories | 7.9% | 19.2% | 18.6% |
| Mankind Pharma | 5.8% | 44.4% | NA |
| Bharti Hexacom | 5.8% | NA | NA |
| Oberoi Realty | 5.6% | 57.6% | 34.1% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HDFC Nifty200 Momentum 30 Index Growth | -6.4% | NA | NA |
| UTI Nifty200 Momentum 30 Index Growth | -6.4% | 25.9% | 19.6% |
| Bandhan Nifty200 Momentum 30 Index Growth | -6.4% | 24.7% | NA |
| -6.4% | 25.7% | NA | |
| -6.4% | NA | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Adani Green Energy | -15.1% | -32.5% | 50.4% |
| The Phoenix Mills | -13.8% | 41.3% | 32.9% |
| Siemens | -13.2% | 70.9% | 35.1% |
| LTIMindtree | -12.7% | -4.7% | 28.3% |
| Torrent Power | -12.4% | 60.2% | 39.9% |
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Midcap | -3.1% | 60.1% | 38.2% |
| Parag Parikh Flexi Cap | -1.4% | 25.9% | 18.0% |
| UTI Nifty 50 Index | -4.8% | 12.5% | 13.5% |
| ICICI Prudential Bharat 22 FoF | -5.4% | 24.4% | 35.7% |
| Motilal Oswal Large & Midcap | 0.6% | 50.7% | 30.8% |
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Small Cap | -3.1% | 26.6% | 28.5% |
| Kotak Equity Arbitrage | 0.2% | 8.5% | 7.2% |
| Mahindra Manulife Mid Cap | -4.0% | 37.3% | 28.1% |
| SBI Gold | -1.8% | 20.3% | 15.0% |
| UTI Arbitrage | 0.2% | 8.3% | 6.8% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Nifty 50 Index Growth Direct Plan | -4.8% | 12.6% | 13.4% |
| Axis Small Cap Growth Direct Plan | -2.5% | 29.8% | 24.0% |
| UTI Nifty Next 50 Index Growth Direct | -5.9% | 35.4% | 20.0% |
| Motilal Oswal Midcap Growth Direct Plan | -3.2% | 60.1% | 38.2% |
| Parag Parikh Flexi Cap Growth Direct Plan | -1.4% | 25.9% | 18.0% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Suzlon Energy | -2.4% | 71.0% | 105.8% |
| -8.8% | 48.3% | NA | |
| Tata Motors | -7.9% | -0.7% | 33.2% |
| Reliance Power | -5.3% | 88.3% | 70.9% |
| Tata Steel | -6.7% | 3.9% | 28.9% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| MicroStrategy Inc | -10.9% | 488.1% | 90.4% |
| NVIDIA Corporation | 0.3% | 175.9% | 86.3% |
| Broadcom Inc | -1.8% | 96.8% | 48.1% |
| Taiwan Semiconductor Manufa... | -2.8% | 77.8% | 27.7% |
| Tesla, Inc | -3.3% | 66.7% | 73.0% |
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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