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Best Mutual Funds to Invest in India amidst Volatility

22Oct By PriyankaNo Comments

Market

Best Mutual Funds to Invest in India amidst Volatility

While there are many investment platforms online that allow investing in mutual funds within minutes, the question about which mutual fund to invest in persists. To help you decide, we have compiled a reviewed the best mutual funds to invest based on their past performance, that you can consider. Axis Midcap Fund ReviewThe Axis Midcap Fund is rated moderately high risk but has a lower risk compared to the benchmark. The fund has managed huge outperformance relative to the index and the category average as compared to peers. This is due to the fund’s tilt towards large cap and a strong emphasis on quality mid-caps while avoiding small-cap. 1 Year3 Year5 yearAxis Midcap Direct Plan Growth15.0%13.1%13.4%Category Average0.6%6.3%NA Note: As on October 16, 2019; Category...

14Jul By Gauri SinghNo Comments

FUNDING

Top 5 Funding Of he Week (9th July – 14th July)

The previous week was quite eventful in terms of funding activities and it witnessed various companies that raised a noticeable amount of funds from different well-known investors. The trending fundraise that took place this week was led by Anil Ambani’s Reliance Big Entertainment, which seems to be an achievement for any startup. Reliance-backed Wishberry and SmartVizX raised the same amount of funds from their respective investors that was Rs 10 crores. Let’s now dig into the details and have a look on the top 5 funding activities that happened in the previous week. 1) WISHBERRY Wishberry, India’s largest crowdfunding platform for filmmakers and creative artists has secured an amount of Rs 10 crores in Series A fundi...

Investment Firm Groww Raised $1.6 million

10Jul By Gauri SinghNo Comments

FUNDING

Investment Firm Groww Raised $1.6 million

Bengaluru-based investment firm Groww has reportedly secured an amount of $1.6 million in a pre-series A funding round. The latest funding round was led by Insignia Ventures Partners, Lightbridge Partners, Kairos. The funding round also witnessed the participation of existing investors such as Mukesh Bansal and Ankit Nagori. The company plans to use these funds so raised to make its technology strong and further build growth channels that might increase the scale of the company. "We challenge ourselves every day with how to keep Groww simple for new investors while adding more products and functionalities. Our long-term goal is to make anything related to finance extremely simple and transparent for users while providing them the best user experience," said Lalit Keshre, co-founder and...

29Jan By NitishNo Comments

FUNDING

Mutual Fund and SIP based Investment Platform Groww Raises Funding

Bengaluru based Mutual Fund and SIP based investment platform Groww raises an undisclosed seed funding from Y Combinator, Mukesh Bansal (Myntra Founder) and Ankit Nagori, former chief business officer of Flipkart. The company will use the fresh round to expand its technology team and also introduce new products for its customers. “Our long-term vision is to build a modern financial services company out of India, accessible to everyone. That means anything that users get from a bank, should be able to get it faster and cheaper on Groww with 10 times better user experience”, said Lalit Keshre, Co-founder & CEO. Founded by ex-Flipkart executives, Groww leverages data science to make investing simple and transparent. It also hosts several communities that help investors make the right...