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Aum Financial Advisors

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Tax blow? Brokers keep faith in AMCs

In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). Illustration: Dominic Xavier/Rediff.com A sharp correction in the shares of AMCs over......

Flexicap emerges as a hot segment in Rs 11 trn equity MF space

At the end of June, the assets under management in the flexi-cap segment stood at Rs 1.76 trillion, the second highest after the large-cap category. Illustration: Dominic Xavier/Rediff.com The......

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify......

Franklin Templeton shuts 6 MF schemes. Should you worry?

Industry body Association of Mutual Funds in India on Friday assured investors that a majority of fixed income mutual funds assets are invested in superior credit quality securities and such......

Budget 2019: Tax benefit may attract retail investors to government ETFs

If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years. Illustration: Dominic......

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