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NFO Alert: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF
NFO Alert: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF

Time of India

time29-05-2025

  • Business
  • Time of India

NFO Alert: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF

Groww Mutual Fund has announced the launch of the Groww Nifty 500 Low Volatility 50 ETF , an open‐ended scheme that aims to track the Nifty 500 Low Volatility 50 Index - TRI. The New Fund Offer (NFO) is currently open for subscription and will close on June 11. The scheme will reopen for continuous sale and repurchase on or before June 25. The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty 500 Low Volatility 50 Index in the same proportion/weightage, with the aim of providing returns (before expenses) that closely track the total return of the index, subject to tracking errors. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ampliar segurança e conveniência nas compras online é prioridade para 2025 Estúdio Folha Leia mais Undo The scheme will be benchmarked against the Nifty 500 Low Volatility 50 Index - TRI and will be managed by Nikhil Satam, Aakash Chauhan, and Shashi Kumar. During the NFO period, the minimum investment amount is Rs 500, with subsequent investments in multiples of Re 1. Units will be allotted in whole figures, and any balance amount, if below the minimum, will be refunded. Live Events The passive fund will allocate 95–100% of its assets to the constituents of the Nifty 500 Low Volatility 50 Index, and 0–5% to money market instruments, debt securities, and/or units of debt/liquid schemes of domestic mutual funds . Also Read | Fund Consistency: 29 equity mutual funds offer more than 25% CAGR over 3 and 5 years The Groww Nifty 500 Low Volatility 50 ETF will be managed passively, with investments made in the same proportion as the index constituents. The investment strategy is to replicate the index closely and minimize tracking error through regular rebalancing based on changes in stock weights and investor flows. The fund is suitable for investors seeking long-term capital appreciation through exposure to equity and equity-related instruments that form part of the Nifty 500 Low Volatility 50 Index.

Buy 5 Business Services Stocks to Boost Your Portfolio Stability
Buy 5 Business Services Stocks to Boost Your Portfolio Stability

Yahoo

time23-05-2025

  • Business
  • Yahoo

Buy 5 Business Services Stocks to Boost Your Portfolio Stability

The business services industry is a major beneficiary of service activities. Economic activity in the services sector expanded for the 10th consecutive month in April, with the Services PMI measured by the Institute for Supply Management remaining robust, staying above the 50% threshold for the 56th time in 59 months, indicating sustained expansion since the post-pandemic recovery. The rapid advancement and adoption of artificial intelligence and automation technologies are reshaping how business services are delivered. While these innovations promise enhanced efficiency, cost reduction, and faster turnaround times, they also pose challenges such as workforce displacement and the need for constant upskilling. Companies that effectively integrate AI while managing the human impact will likely lead the future of the industry. The industry is mature, with demand for services remaining stable for some time now. Revenues, income, and cash flows are now above pre-pandemic levels. The Zacks-defined Business Services industry is currently in the top 19% of the Zacks Sector Rank. Since the business services industry is ranked in the top half of the Zacks Ranked Industries, we expect it to outperform the market over the next three to six months. Here we recommend five business services stocks with a favorable Zacks Rank for investment. These stocks are: Cintas Corp. CTAS, Thomson Reuters Corp. TRI, Healthcare Services Group Inc. HCSG, ZipRecruiter Inc. ZIP and Bright Horizons Family Solutions Inc. BFAM. Each of our picks currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The chart below shows the price performance of our five picks in the past month. Image Source: Zacks Investment Research Cintas is well-positioned to benefit from the solid momentum across its segments. Penetration of additional products and services into existing customers is aiding the Uniform Rental and Facility Services segment. Improved demand for AED Rentals and WaterBreak products is driving the First Aid and Safety Services segment. CTAS' investments in technology and automation hold promise. The successive acquisitions of Paris Uniform and SITEX sparked optimism in the stock. Also, handsome rewards to its shareholders add to CTAS' appeal. CTAS has an expected revenue and earnings growth rate of 7% and 10.8%, respectively, for the next year (ending May 2026). The Zacks Consensus Estimate for next-year earnings has improved 1.7% in the past 60 days. Thomson Reuters operates as a content and technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. TRI operates through five segments: Legal Professionals, Corporates, Tax and Accounting Professionals, Reuters News, and Global Print. TRI is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. TRI has an expected revenue and earnings growth rate of 3.1% and 4.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.3% in the past 30 days. Healthcare Services Group provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. HCSG operates through two segments, Housekeeping and Dietary. HCSG has the experience and expertise to meet these needs, making it the preferred choice for hospital and senior living clients nationwide. HCSG also provides professional management of ancillary services to a diverse mix of satisfied clients. HCSG has an expected revenue and earnings growth rate of 5.1% and 58.5%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5% in the past seven days. ZipRecruiter operates an online marketplace that connects job seekers and employers in the United States and internationally. ZIP's two-sided marketplace enables employers to post jobs and access other features, as well as job seekers that apply to jobs with a single click. ZIP offers recruiting, hiring, job boards, posting, web application, candidate screening, applicant tracking and job alerts services. ZIP has an expected revenue and earnings growth rate of 9% and 13%, respectively, for the next year. The Zacks Consensus Estimate for next-year earnings has improved 3.8% in the past 30 days. Bright Horizons Family Solutions is engaged in providing employer-sponsored child care, early education and work/life solutions. BFAM operates primarily in North America, Europe and India. BFAM's employer-sponsored child care programs include child care and early education centers, infant/toddler/preschool care and education, full and part-time child care, kindergarten, school-age programs, summer camps and back-up care. Bright Horizons manages child care centers for corporations, hospitals, universities and government agencies. BFAM has an expected revenue and earnings growth rate of 7.6% and 18.4%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 24.6% in the past 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report Thomson Reuters Corp (TRI) : Free Stock Analysis Report ZipRecruiter, Inc. (ZIP) : Free Stock Analysis Report Healthcare Services Group, Inc. (HCSG) : Free Stock Analysis Report Bright Horizons Family Solutions Inc. (BFAM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

NFO Insight: Can Motilal Oswal Services Fund help you gain stability and long-term growth potential?
NFO Insight: Can Motilal Oswal Services Fund help you gain stability and long-term growth potential?

Time of India

time21-05-2025

  • Business
  • Time of India

NFO Insight: Can Motilal Oswal Services Fund help you gain stability and long-term growth potential?

Motilal Oswal Mutual Fund 's latest new fund offer of Motilal Oswal Services Fund is open for subscription and will close on June 3. The fund is an open-ended equity scheme investing in the services sector The scheme will open for continuous sale and repurchase on June 16. Motilal Oswal Services Fund aims to generate long-term capital appreciation by investing in companies that derive the majority of their income from businesses operating in the services sector of the economy. CEO comment on launch Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Julio: Liquidación de boletos de cruceros sin vender (Mira precios) Cruceros para mayores | Anuncios de Búsqueda Más información Undo 'India's services sector has consistently demonstrated strong and resilient growth, emerging as a key driver of the country's economic development. With its rising contribution to GDP, robust export potential, and growing digital and consumer-driven demand, we believe the sector may offer compelling long-term investment opportunities. Our new Sectoral fund is designed to tap into this structural growth story and enable investors to gain exposure to the services-led transformation of India's economy,' said Prateek Agrawal, MD and CEO, Motilal Oswal Asset Management Company. Fund manager's take 'Services sector encompasses a wide range of industries—benefiting from rising incomes, urbanization and digital adoption. With structural tailwinds and improving export competitiveness, we see long-term potential across this sector. The fund will be benchmarked against Nifty Services Sector Total Return Index (TRI) which has shown an upward trend over the 11-year,' said Bhalachandra Shinde , Associate Fund Manager, Motilal Oswal Mutual Fund. Live Events 'From an initial level around 1000 in April 2014, the index has steadily increased, reaching a level of 4518 by April 2025. Our investment approach will focus on identifying quality businesses with scalable models and strong fundamentals that are well-positioned to benefit from this sector,' he added. Experts take on new launch Experts typically ask investors to avoid investing in NFOs unless they offer something unique. The uniqueness could be that the scheme is offering an investment option that is not available in the market or offering something extra to an existing option. Otherwise, the experts believe investors are better off with an existing scheme with a long performance record. This is because you have some historical data to base your investment decision. You don't have any data when it comes to new offerings. According to an expert, the fund being a sectoral or thematic fund is unique in its way that unlike other thematic/sectorial funds, it is not concentrated in a single category but diversified across a broad range of industries, such as the infrastructure theme. Cautioning the investors about the fund or sector/theme, Arjun Guha Thakurta, Executive Director, Anand Rathi Wealth Limited recommends that investors should avoid investing in this sector or theme, 'as we have not seen much existing funds in this theme to understand the theme's performance across different market cycles. Additionally, thematic/sectoral funds tend to undergo cyclical performance.' Another expert, post sharing India's services growth mentions that as we have not seen much existing funds in this theme to understand the theme's performance across different market cycles. Additionally, thematic/sectoral funds tend to undergo cyclical performance. 'As a smart investor, if you believe in India's growth story then service sector stocks should be a part of your core portfolio. So yes, market corrections should be seen as an opportunity to invest in promising service sector companies,' said Shruti Jain, Chief Strategy Officer, Arihant Capital Markets The scheme will be benchmarked against Nifty Services Sector Total Return Index and will be managed by Bhalachandra Shinde, Ajay Khandelwal, Atul Mehra, Rakesh Shetty, and Sunil Sawant. The scheme aims to generate long-term capital appreciation by investing in equity or equity related investments of companies that are engaged directly or indirectly or expected to benefit from the growth and development of the services sector in India. Emerging sector According to MOAMCs internal research, India's services sector has emerged as the most consistent and resilient contributor to the country's Gross Value Added (GVA), reflecting stable performance. Between FY23 and FY25, the sector achieved growth of 8.3%, underpinned by a surge in services exports, which accelerated to 12.8% in April–November FY25 from 5.7% in FY24. The sector's significance is further highlighted by its massive 109-fold increase in contribution to total GVA since FY14, according to a press release by the fund house. As a share of total GVA, the sector grew from 52% in FY16 to 55% in FY24, peaking at 56% in FY23. This highlights the services sector's growing role in India's economic output and its contribution to employment, currently supporting nearly 30% of the workforce. On the global stage, India ranks 7th in services exports, with 4.3% share. Notably, the sector has remained in the expansionary zone for 41 consecutive months since August 2021, underscoring its stability and long-term growth potential, the release said. The minimum investment amount for lumpsum is Rs 500 and in multiples of Re 1 thereafter. For monthly SIP, the minimum investment amount is Rs 500 and in multiples of Re 1 thereafter with minimum 12 installments. The scheme will allocate 80-100% in equity and equity related instruments of companies which derive a majority of their income from business in the services sector of the economy, 0-20% in equity and equity related instruments of other than services sector companies and overseas securities, 0-20% in debt and money market instruments (including cash and cash equivalents), 0-10% in units of REITs and InvITS, and 0-5% in units of mutual funds . Should one allocate? Based on the investment pattern of the fund, Thakurta firmly recommends investors to avoid investing in sectoral/thematic funds as these tend to undergo cyclical performance as they are highly concentrated in only a single category of industries. He instead recommends investors to invest in diversified equity funds, such as market cap-based funds and strategy-based funds, such as value, contra & focused, which give exposure across the range of sectors & categories and help to ride across the market cycles. However, Jain recommends that the service sector should have a significant allocation to every investor's portfolio who is betting on India but the actual allocation would depend on your risk profile, and other factors as for any equity investment, one should have a horizon of 6-10 years to mitigate the volatility and get real benefit. One should wait for at least 3-5 years to assess the performance of a service sector based fund before investing but investing in an old fund with a proven track record is a better choice than picking a NFO , especially if a similar fund is there in the market and if you invest in a diversified fund, it will automatically have a good percent of the portfolio invested into service sector stocks, considering how these companies have shown strong growth in last two decades said Jain. The scheme is suitable for investors who are seeking capital appreciation over the long term and investing predominantly in equities and equity related instruments of companies engaged in the services sector of the economy. Apart from Motilal Oswal Services Fund, there are two other funds based on this sector who have a track record of being in the market in the last five years. ICICI Prudential Exports & Services Fund has offered 28.66% return in the last five years and Sundaram Services Fund offered 29.68% return in the same time period. In the last one year, the schemes have offered 14.26% and 19.17% respectively. With two funds available for investment based on the service sector and this new NFO, Thakurta believes that the sector is expected to perform well and remain a structural growth engine, and emerge as a key driver of both domestic consumption and exports. 'With rising urbanization, digital penetration, and formalization, sub-sectors like financial services, healthcare, IT, telecom, and logistics are poised for multi-year growth. However, based on this, investing in a single sector is not recommended as it will increase the concentration risk associated with the performance of a single sector,' he adds. One should always invest based on their risk appetite, investment horizon, and goals. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ along with your age, risk profile, and Twitter handle.

On International Day of Families, discover four organisations driving change
On International Day of Families, discover four organisations driving change

Hans India

time15-05-2025

  • Health
  • Hans India

On International Day of Families, discover four organisations driving change

Families are a core part of our evolving world. Supporting them through family-friendly policies is crucial to building stable and inclusive societies, according to the UN Women report 'Families in a Changing World.' Each year on May 15, we observe the International Day of Families to recognise the role families play in society and the challenges they face. In India, the concept of family continues to shape community life, offering support systems, emotional stability, and a foundation for cultural and ethical values. This framework has also enabled various non-profit organisations, local self-governments, and policymakers to implement effective grassroots initiatives. On this International Day of Families, explore four development organisations transforming rural India through their most effective family-centred approaches. An Overview: Transform Rural India (Neighbourhoods of Care) True to its motto, 'Grounded Solutions, Scalable Change,' Transform Rural India (TRI), envisions a rural India where everyone has an equal opportunity to thrive. Among the development designer's most impactful initiatives is Neighbourhoods of Care (NoC), a community-driven model that places people at the centre of healthcare governance. At the core of NoC is the idea of shared responsibility, especially through the active involvement of women-led Self-Help Groups (SHGs), Panchayati Raj Institutions and frontline health workers. By anchoring healthcare governance within local bodies like Jan Arogya Samitis, NoC strengthens community oversight and ensures that health services respond to local needs and everyday challenges. The model recognises that health outcomes are influenced not only by medical interventions but also by social, ecological, behavioural, and gender-related factors. It enables families to quietly shape these aspects through everyday attitudes, habits and support systems. NoC is built on the core idea of developing a strong support network that brings together community institutions and governance platforms to strengthen collective responsibility for health. This involves regular community dialogues, participatory health planning, and the active involvement of local leaders in monitoring services and addressing concerns. Smile Foundation (The Life-Cycle Approach) Founded in 2002 by Santanu Mishra and a group of like-minded professionals, Smile Foundation is an Indian development NGO that follows a holistic Life-Cycle Approach. Its programmes focus on family health, livelihoods, and women's empowerment, addressing the needs of children, their families, and the broader community. At its core is a family-centric model based on the understanding that individuals cannot thrive in isolation. By addressing the interconnected needs of all family members, the NGO works to build a support system where the family becomes a platform for lasting change. Its 'Health Cannot Wait' initiative delivers essential healthcare services to the doorstep of vulnerable communities, with special attention to women and children. Complementing this are awareness activities like school health camps and street plays, encouraging families and children to adopt preventive and health-seeking behaviours. Navjyoti India Foundation (Community Development) Navjyoti India Foundation, established in 1988, is a nonprofit organisation working in urban slums and rural areas across North India. Its mission is to prevent crime by addressing the underlying social issues of poverty, illiteracy, unemployment, and gender inequality. The foundation operates on the belief that lasting community change begins with empowered families. Its integrated model for community development is centred around the 6S framework: Sakshar, Saksham, Sashakt, Swachh, Swasth and Swavlambi. Through this framework, the foundation works to resolve long-standing social issues such as domestic violence, child marriage, family breakdown, and weakened community bonds. These challenges have shaped its approach to crime prevention, focusing on addressing root causes rather than symptoms. Bal Raksha Bharat (Save the Children India) Since 2004, Bal Raksha Bharat has been working across 16 states in India to ensure that children grow up in safe, nurturing environments. The NGO collaborates closely with government bodies at the national, state, and district levels to implement child welfare programmes. Its family-focused approach to disaster response and child protection emphasises preparedness, risk reduction, and long-term recovery. The organisation recognises that children are often the most vulnerable during humanitarian crises, facing risks such as family separation and various forms of abuse. Bal Raksha Bharat goes beyond immediate relief by maintaining ongoing support systems for affected children, ensuring continuity in care and protection throughout the recovery process.

23-yr-old woman farmer breaks gender barrier, inspire communities
23-yr-old woman farmer breaks gender barrier, inspire communities

Time of India

time11-05-2025

  • General
  • Time of India

23-yr-old woman farmer breaks gender barrier, inspire communities

1 2 Ranchi: In Bero village, located on the Ranchi outskirts, 23-year-old Yamuna Kumari is leading a quiet revolution in farming. A postgraduate in geography from the Karamchand Bhagat College, Yamuna balances motherhood, education and a thriving agricultural career, all while breaking gender barriers and advocating for science-based farming the International Day of Plant Health being observed on May 12, Yamuna stands as a symbol of resilience, leadership and the transformative power of agro-scientific knowledge , proving that when empowered with education and tools, smallholder farmers can change their futures and inspire entire in an agricultural family, Yamuna has always been a part of farming throughout her life, and she worked alongside her parents from childhood. Despite their hard work, the traditional methods yielded little. Their five-acre land, growing mostly paddy, wheat and vegetables, could barely support them. "We used to rely on monsoons, local seeds and traditional techniques. It was a struggle every season," she changed in 2021 when Yamuna joined the Millionaire Farmer Development Programme (MFDP) run by Transform Rural India (TRI). Her potential was quickly recognised, and TRI helped establish a Farmer Field School (FFS) in her area. Equipped with modern tools and technologies for drip irrigation, polyhouses and trellis systems, Yamuna and other local farmers received hands-on training during the this newfound knowledge, Yamuna shifted to round-the-year, high-value farming . Operation Sindoor 'Our job is to hit target, not to count body bags': Air Marshal Bharti on Op Sindoor Precautionary blackout imposed across parts of Rajasthan, Punjab 'Indian Navy was in position to strike Karachi': Vice Admiral on Operation Sindoor Today, she has been able to produce a diverse range of crops, including mangoes, wheat, French beans, potatoes, grafted brinjal, strawberries, marigold, green peas, cauliflower, ginger and green chilli. She followed soil-based fertilisation, organic composting, crop rotation, and integrated pest management to improve both yield and plant health."With the training and support, I understood what it means to do the right farming at the right time. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Around in 2025 Blinkist: Andrew Ng's Reading List Undo My crops are healthier, longer-lasting, and bring better returns," Yamuna said. She, however, suffered a setback in March when a hailstorm destroyed her French beans worth around Rs 2 lakh. Yet, she remained motivated. "Challenges will come, but scientific farming helps us recover faster and reduce risks in future," she annual income now ranges between Rs 10 lakh and Rs 11 lakh, with expenses from Rs 4 lakh to Rs 5 lakh. She is currently employing 10 workers and actively mentors other women in her village, encouraging them to adopt sustainable practices. She even bought a scooter to travel to markets and training sessions, symbolising her ahead, Yamuna is planning to start her own nursery, focusing on disease-free seedlings and horticultural innovation. Her message to smallholder farmers is clear: "Don't just rely on traditional crops. Add horticulture to your practice. It's scientific and smart farming."She added, "Farming is not just about working the land, it's about understanding it. When we farm with knowledge, we grow prosperity." Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !

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