Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Indiabulls Short Term Fund (G)||1,594.92||0.21||0||0||8.14||0|
|Indiabulls Income Fund (G)||16.14||0.29||0||0||10.09||0|
|Indiabulls Arbitrage Fund (G)||13.56||0.31||0||0||6.27||0|
|Indiabulls Dynamic Bond Fund - Regular (G)||1,079.45||0.36||0||0||0||0|
|Indiabulls Overnight Fund - Regular (G)||1,010.38||0.43||0||0||0||0|
Indiabulls Finance Centre,Tower 1,
Senapati Bapat Marg, Mumbai - 400013
M - 62&63
Connaught Place, New Delhi - 110001
|Phone : 022-30866253||Phone :|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.indiabullsmf.com||Website : www.indiabullsmf.com|
Indiabulls Mutual Fund
Indiabulls Financial Services Limited is one of India’s leading and fastest growing private sector financial services companies providing Consumer Finance, Housing Finance, Commercial Loans, Asset Management and Advisory services. The company is focused on providing multiple financial services through an extensive network of consumer touch-points. Indiabulls serves more than 500,000 customers across different financial products through its branch network, call centre & the internet. It also ranks among the top private sector financial services groups in terms of net worth.
Sponsor: Indiabulls Financial Services Ltd
Trustee: Indiabulls Trustee Company Ltd
Investment Manager: Indiabulls Asset Management Company Ltd (AMC)
Statutory Details: Indiabulls Mutual Fund has been set up as a Trust under 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....