Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|IDBI Gold Fund||10.94||[1.21]||0||0||23.21||0|
|IDBI Gold ETF||3,641.05||[1.04]||0||0||24.95||0|
|IDBI Dynamic Bond Fund (G)||15.28||[0.60]||0||0||7.28||0|
|IDBI Gilt Fund (G)||15.73||[0.11]||0||0||13.50||0|
|IDBI Credit Risk Fund (G)||13.90||0.15||0||0||[0.59]||0|
4th Floor, IDBI Tower, WTC Complex,
Cuffe Parade, Colaba,
Mumbai - 400005, Maharashtra.
IDBI Mutual Fund, C/o IDBI Bank Ltd.
First Floor, SCO 162 - 163,
Sector -9C, Chandigarh - 160 009.
|Phone : 022 - 66442800||Phone : 0172-5076705|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.idbimutual.co.in||Website : www.idbimutual.co.in|
IDBI Mutual Fund
Sponsored by IDBI Bank, the IDBI Asset Management Limited was incorporated under the Companies Act, 1956 on 25th January 2010.
The Trustee Company has appointed IDBI Asset Management Limited to manage the Mutual Fund.
IDBI Asset Management Limited, the Asset Management Company of IDBI Mutual Fund is sponsored by IDBI Bank. As one of India’s largest banks, IDBI Bank has played a major role in the country’s industrial & economic progress for over 40 years, first as a development financial institution & later as a full-fledged Commercial Bank.
IDBI Bank offers a wide range of innovative products and services, serving retail and corporate customers in all corners of the country from over 702 branches and more than 1177 ATMs. The Bank offers its customers an extensive range of diversified services including project financing, term lending, working capital facilities, lease finance, venture capital, loan syndication, corporate advisory services and legal and technical advisory services to its corporate clients as well as mortgages and personal loans to its retail clients. As part of its development activities, IDBI Bank has been instrumental in sponsoring the development of key institutions involved in India’s financial sector – such as the National Stock Exchange of India Limited (NSE) and National Securities Depository Ltd.
Sponsor: IDBI BANK
Trustee: IDBI MF Trustee Company Ltd.
Investment Manager: IDBI Asset Management Ltd.Statutory Details: IDBI Asset Management Limited was incorporated under the Companies Act, 1956 on 25th January 2010. IDBI Mutual Fund, a trust set up under the provisions of the Indian Trusts Act, 1882.
capital market/10:45, Jun 10, 2019
With effect from 06 June 2019
India Infoline News Service/10:50, Oct 27, 2017
Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.
Daily chart analysis indicates that Nifty FMCG index is on the verge of an Inverse Head and Shoulder pattern breakout. A close above the 25270 mark will confirm the same.
With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
Growth will come back and people will take time to adjust, which is why we will spend the next 1-1.5 years in a consolidation phase....