The outlook for the day is a quiet start with a positive bias as Asian peers are trading mixed. Investors will keep an eye on the rupee-dollar movement and any further weakness could lead to concerted selling by FPIs. Nifty 50 index futures on the Singapore stock exchange is currently trading marginally higher at 10,599.   

The direct plans are already a big hit with the HNIs (high networth investors) and institutional investors since their inception. Moreover, with an increased investment from small-town investors, the direct plans are emerging as the favourite choice for investment in mutual funds.

NFO is nothing but the first time subscription offer for a newly launched funds. The NFO’s are launched with an aim to raise the capital for the scheme by the fund houses.

Large cap funds are the lone performer in last couple of months while small cap and mid cap funds have seen a deep cut. Read on to know what you should do now.

Following stocks are close to their 52-week low as at 1.13 p.m. on June 28, 2018.

The markets on June 28, 2018 opened up. BSE Sensex is trading at 35,124.91, down by 92.20 points and the Nifty is trading at 10,623.00, down by 48.40 points. 

The only IPO open for a subscription this week has witnessed a steady flow of interest from investors. The IPO will close on June 28, Thursday. The price band of the Varroc Engineering is Rs. 965.00 to 967.00 per share of face value Rs. 1 and the lot size is 15 equity shares.

Thematic funds are the funds whose objective is to reap optimal returns through investment in stocks which belong to a particular theme

Exide Industries gained over 1.5 per cent in early morning trade on Thursday after the company announced entering in to a JV agreement with a Switzerland-based company.

BSE StAR MF has crossed 10,000 Mutual Funds Distributors (MFD) registration, adding over 1,500 new distributors per month.