Gyanpathtradex

🚨 Vande Metro trains to begin trial runs in July. The routes have been identified for the Vande Metro area are, (ET) Lucknow - Kanpur Tirupati - Chennai Agra - Mathura Delhi - Rewari Bhubaneswar - Balasore

*SBI MF Assets grow faster than Bank Deposits, crossing ₹10 lakh crore* Thanks to the booming equity markets and growing investment culture, the assets under management of SBI Mutual Fund are growing faster than the domestic fixed deposits of its parent, State Bank of India. The AUM of SBI MF was up 27 per cent in the financial year ending March to ₹9.14 lakh crore against ₹7.17 lakh crore in the same period last year, as per the Association of Mutual Funds in India data. In comparison, the domestic deposit of the country’s largest bank SBI increased 11 per cent in the same period to ₹47.24 lakh crore against ₹42.53 lakh crore logged in the previous year, as per the bank data. Similarly, SBI MF asset rose 11 per cent in FY’23 while the domestic deposit mopped up by its parent was up 8 per cent. Riding high on buoyant equity markets and record mop-up through new fund offers, SBI MF crossed ₹10 lakh crore of average AUM on June 3. Palka Arora Chopra, Director of Master Capital Services said MFs are narrowing the gap with traditional bank deposits as investors demonstrate a growing willingness to assume a small risk in favour of potentially higher returns. As investors become more financially literate and seek avenues for enhanced returns, MFs are seen as an attractive alternative to traditional bank deposits, he said. Rajiv Anand, Deputy Managing Director, Axis Bank, at a recent IMC Chamber of Commerce and Industry Banking summit said that retail investors can invest as little as ₹250 in a MF scheme and the cost of entry is zero, thereby enabling financial inclusion. Currently, SBI offers a maximum interest rate of 7 per cent on domestic retail term deposits of two to three years. In sharp contrast, SBI Magnum Gilt fund has delivered an 8.45 per cent return over two years, and the SBI Flexi Cap has given 20 per cent in the same period. Akshat Garg, Senior Manager at Choice Wealth said the comparison between SBI MF and SBI fixed deposits in terms of AUM serves as a classic example and a benchmark for understanding emerging investment trends. Given the enthusiasm of Gen Z for financial markets, it is only a matter of time before MFs surpass bank FDs in popularity and AUM, he added. Anil Rego, founder of Right Horizon PMS, said that when the RBI significantly lowered interest rates during the pandemic, deposit rates also dropped, and people started gaining a better experience with MF investment even though bank deposits remain safe and offer conservative but assured returns. Investors are increasingly shifting from FDs to MFs due to several unique factors, including regular small investment through SIPs, goal-based investment, and enhanced digital platforms, which make investing in MFs more convenient than traditional FDs, he added.

🇮🇳 India: A Visible Snapshot, 2023 📊 - Population: 144 crores - Aadhar Card Holders: 136 crores - Internet Users: 120 crores - Mobile Subscribers: 114 crores - Total Enrolled Voters: 95 crores - E-commerce Users: 80 crores - Smartphone Users: 65 crores - OTT Subscribers: 50 crores 🎬 - Social Media Users: 40 crores 📱 - UPI Users: 30 crores 💸 - Food Delivery Platform Users: 28 crores 🍔 - BHIM Payment Users: 20 crores - Urban/Rural Population (%): 37/63 🌆🏞️ - Digital Learning Users: 9.3 crores 📚 - E-Sanjeevani Healthcare Users: 9.2 crores 🏥 - Health Insurance Users: 51.4 crores 🏥 - Stock Market Users: 8 crores 📈 - Mutual Fund Investors: 3.5 crores 💰 Source: RBI Report, Moneycontrol, Open Govt. Data (OGD) Platform India.

*MF AUM reach close to Rs.60 lakh crore, equity inflows at Rs.35,000 crore in May..* *Gross SIP inflows reached 20k mark to reach Rs.21,000 crore per month.* Café Mutual Fund, 11th June 2024 May was extraordinary for the MF industry. While the MF industry’s AUM reached close to Rs.58.59 lakh crore, the total equity inflows also touched Rs.34,700 crore in May. This is the 39th times in a row that the industry witnessed positive flows in equity funds. Also, the gross SIP inflows reached Rs.21,000 crore in May. Overall, the industry witnessed total inflows of Rs.1.10 lakh crore. A drop from last month where the industry seen net inflows of Rs.2.40 lakh crore.

Nifty Defence Index Fund: Motilal Oswal has launched India's first index fund focused on defence stocks. This is an open-ended fund, NFO opens on June 13 to June 24, 2024. Index Constituents: Astra Microwave Products Ltd. Bharat Dynamics Ltd. Bharat Electronics Ltd. Cochin Shipyard Ltd. DCX Systems Ltd. Data Patterns (India) Ltd. Garden Reach Shipbuilders Hindustan Aeronautics Ltd. Ideaforge Technology Ltd. MTAR Technologies Ltd. Mazagoan Dock Shipbuilders Ltd. Mishra Dhatu Nigam Ltd. Paras Defence Solar Industries India Ltd. Zen Technologies Ltd.

Apple's iPhone maker, Foxconn manufacturing plant in Hyderabad to begin operations in August. More than 25,000 jobs to be created near Hyderabad city.

Home — Amit Shah Defence — Rajnath Singh Ext Affairs — Dr S Jaishankar Finance — Nirmala Sitharaman Agriculture — Shivraj Singh Chouhan MoRTH — Nitin Gadkari Housing & Urban Affairs and Power & New Energy — Manohar Lal Khattar Commerce — Piyush Goyal Petroleum & Natural Gas — Hardeep Singh Puri Railways and Information & Broadcasting — Ashwini Vaishnav Education — Dharmendra Pradhan Health — JP Nadda Labour & Sports — Mansukh Mandaviya Environment — Bhupendra Yadav Tourism & Culture — Aviation — Ram Mohan Yadav Parliamentary Affairs — Kiren Rijiju MSME — Jitan Ram Mandhi Sports - Chirag Paswan Aviation- Ram Mohan Naidu

*SIP at Rs 20,904 cr vs Rs 20,371 cr (MoM)* Jan'22 : 11,517 cr. Feb'22 : 11,438 cr. Mar'22 : 12,328 cr. Apr'22 : 11,863 cr. May'22 : 12,286 cr. June'22 : 12,276 cr. July'22 : 12,140 cr. Aug'22 : 12,694 cr. Sept'22 : 12,976 cr. Oct'22 : 13,040 cr. Nov'22 : 13,307 cr. Dec'22 : 13,573 cr. Jan'23 : 13,856 cr. Feb'23 : 13,686 cr. Mar'23 : 14,276 cr. Apr'23 : 13,727 cr. May'23 : 14,749 cr. June'23 : 14,734 cr. July’23 : 15,245 cr. Aug’23 : 15,813 cr. Sept’23 : 16,420 cr. Oct’23 : 16,928 cr. Nov’23 : 17,073 cr. Dec’23 : 17,610 cr. Jan’24 : 18,838 cr. Feb’24 : 19,186 cr. Mar’24 : 19,271 cr. Apr’24 : 20,371 cr. May’24 : *20,904 cr*

♻️List Of The AMC's Available Under:- CAMS RTA 01.) Aditya Birla Sunlife MF 02.) DSP Blackrock MF 03.) HDFC MF 04.) HSBC MF (L&T MF Merged With HSBC MF) 05.) ICICI Prudential MF 06.) Bandhan MF (Formerly Known As IDFC MF) 07.) 360 Asset One MF (Formerly Known As IIFL MF) 08.) Kotak MF 09.) Mahindra Manulife MF 10.) PPFAS MF 11.) SBI MF 12.) Shriram MF 13.) Tata MF 14.) Union MF 15.) Franklin Templeton MF 16.) WhiteOAK MF 17.) Navi MF 18.) Helios MF ♻️List Of The AMC Are Available Under:- Kfintech RTA:- 01.) Axis MF 02.) Baroda BNP Paribhas MF 03.) Bank Of India MF 04.) Canara Robeco MF 05.) Edelweiss MF 06.) Groww MF (Formerly Known As Indiabulls MF) 07.) Invesco MF 08.) ITI MF 09.) JM Financial MF 10.) LIC (IDBI MF Merged With LIC MF) MF 11.) Mirae Asset MF 12.) Motilal Oswal MF 13.) Nippon MF 14.) NJ MF 15.) PGIM India MF 16.) Quant MF 17.) Quantum MF 18.) Samco MF 19.) Sundaram MF 20.) Taurus MF 21.) Trust MF 22.) UTI MF 23.) Bajaj Finserv MF 24.) Old Bridge MF

Reliance Industries Limited (RIL) is planning to develop a global economic hub in Navi Mumbai, on approximately 3,750 acres of land.

Kamal candle

NVIDIA passes $3 trillion market cap NVIDIA passes Apple as the world's second-most valuable company

With massive fall in 1 day during covid, small rsi got oversold But with the biggest fall ever in one day yesterday, it didn't #small rsi kuch bol raha hai #nifty

Adani enterprise Sansera Craftsman Eris Ganesh ecosphere Acl gati Rain Mahindra logistics Shriram piston Axiscades Bharat forge Ami organics Sbin Bharat forge Stocks which shall be accumulated in this correction

Election counting Indian people have given a verdict that will be remembered for a very long time in Indian politics. They have given BJP and partners a victory that feels like a defeat. They have given the Congress alliance a defeat, that feels like a Victory In 2009 - congress had 206 seats with UPA majority and markets went UC In 2024 - bjp will probably have 240 seats with NDA majority and still markets near LC  🇮🇳 # Bharat Election 2024

A circuit is triggers when the index is 10%, 15% or 20% up or down If 10% rise or fall, Before 1 pm, market is halted for 45 mins If circuit is triggered between between 1 and 2:30 pm, trading is halted for 15 mins After 2:30 pm, no halt If index moves 15%, After 2:30 - trading will be halted Between 1 and 2:30 pm - trading will be suspended for 45 mins Before 1 pm - trading will suspended for 1 hour 45 mins If index moves 20% in a day, trading will be halted for rest of the day.

Election results are still not showing a clear picture for BJP government. It will take more time for clear mandate of any alliance. So Don't need to sell anything in panic. Jaisa fall waisi recovery 😊 Just wait & watch guys 👍

India vix 40% up

Biggest Intraday fall in Indian Stock markets after COVID19 fall !! PSU Stocks and Adani Group stocks Hammered !!