Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying
    • Aterian Raises New Funds to Support Mining Projects in Africa
    • Retirement funds vs property: Which is the better investment for your retirement?
    • BlackRock’s Tokenized ETFs Are Only The Beginning, CEO Says
    • Bonds rebound as government announces debt buyback
    • 3 Dividend-Paying ETFs to Double Down On Even if the S&P 500 Sells Off in October
    • Japanese bonds sink: ‘Widow-maker’ trade soars
    • Principal weighs rupiah swings for any return to Indonesia bonds
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»Baroda BNP Paribas MF starts dividend yield fund for steady returns | News on Markets
    Mutual Funds

    Baroda BNP Paribas MF starts dividend yield fund for steady returns | News on Markets

    August 21, 2024


    2 min read Last Updated : Aug 22 2024 | 12:01 AM IST


    Baroda BNP Paribas MF starts dividend yield fund


    Baroda BNP Paribas Mutual Fund on Wedn­esday announced the launch of its dividend yield fund, which will predominantly invest in dividend yielding stocks. “The fund aims to invest in companies with predictable and stable cash flows, led by managements that prioritise rewarding shareholders with regular dividends. The investment approach is to invest in growth companies that are also rew­arding investors through regular dividends and buyback,” the fund house said.




     


    General Atlantic exits PNB Housing Finance

    Private equity firm General Atlantic has exited PNB Housing Finance, selling its entire 5.13 per cent stake in the company on Wednesday. The sale of 13.3 million shares at Rs 802.5 apiece generated Rs 1,069 crore. The buyers included prominent investors such as the Government of Singapore, Aditya Birla Sun Life Mutual Fund, HSBC Mutual Fund, and the Monetary Authority of Singapore. Shares of PNB Housing rose 10.23 per cent to end at ₹893.5 in secondary market trading. 

     


    Cyient divests 14.5% stake in subsidiary firm 


    IT firm Cyient on Wednesday divested 14.5 per cent stake in subsidiary Cyient DLM to mobilise Rs 880 crore. It sold 11.5 million shares at Rs 764.4 apiece. Shares of Cyient DLM closed at Rs 776, down 1.6 per cent. Among the buyers were Aditya Birla Sun Life MF, Nippon India MF, and HDFC MF. Following the stake sale, Cyient’s stake has reduced to 52.16 per cent.  




     


    HZL dividend sweetens deal for OFS investors


    Hindustan Zinc Ltd (HZL) has sweete­ned its offer for sale (OFS) to investors by declaring an int­erim dividend of Rs 19 per share. The dividend — am­ounting to a yield almost 4 per cent over the OFS price — was announced on Tue­sday, a day after the OFS inc­luded. The integrated zinc and silver manufacturer has set the ex-date of August 28 for dividend payout. This is HZL’s second interim dividend and the first payout of Rs 10 in May.       

    First Published: Aug 22 2024 | 12:01 AM IST



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying

    October 21, 2025

    Gold Stocks Are Supercharging This Forgotten Fund

    October 20, 2025

    PFI Asset Management launches 1st sponsored mutual fund PFI Cashi

    October 20, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Retirement funds vs property: Which is the better investment for your retirement?

    October 20, 2025
    Don't Miss
    Mutual Funds

    3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying

    October 21, 2025

    Risk-loving investors, who give precedence to capital appreciation along with dividend payouts, may consider small-cap…

    Aterian Raises New Funds to Support Mining Projects in Africa

    October 20, 2025

    Retirement funds vs property: Which is the better investment for your retirement?

    October 20, 2025

    BlackRock’s Tokenized ETFs Are Only The Beginning, CEO Says

    October 20, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Education: The 10 largest issuers of 1H

    October 28, 2024

    Big banks’ sales targets can pressure mutual fund advisers to skew advice to clients, review finds

    July 10, 2025

    Bexar County is seeking funding through federal grant to address elder abuse

    August 24, 2024
    Our Picks

    3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying

    October 21, 2025

    Aterian Raises New Funds to Support Mining Projects in Africa

    October 20, 2025

    Retirement funds vs property: Which is the better investment for your retirement?

    October 20, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.