Net inflows into two of the 'lower risk' equity funds - largecaps and flexicaps - outpaced the flows into smallcap funds during January 2024 for the first time in 17 months. This is an indication that investors may now be shifting to the relatively safer largecap stocks after a sharp run up in the mid and smallcap spaces. Net inflows into large and flexicap funds were at Rs 3,730 crore last month against Rs 3,260 crore by smallcap schemes.
Amitabh Bachchan, surprisingly, feels a sense 'dar' as to how he will conduct himself on KBC.
The Rs 38-trillion mutual fund (MF) industry is going through a new fund offer (NFO) rush. Since July 1, the industry has launched close to 70 NFOs. This follows the completion of a near three-month embargo period when the industry had vowed to not launch any new offerings till the time it implemented norms around pooling of investor accounts. As a result, between April and June 2022, the industry was able to launch just three NFOs.
Constable Laxman Yadav was stabbed on his neck with a knife while constable Satish Kumar sustained a stab wound on his left hand. Both have been admitted to a private hospital.
Domestic asset management companies (AMC) have launched around 60 new fund offers (NFOs) in the last six months and mobilised around Rs 27,000 crore. Fund houses are rushing to launch new funds amid buoyancy in the equities market.
The Allahabad High Court on Monday came to the rescue of 18,000 Uttar Pradesh policemen, whose services had been summarily terminated by the Mayawati government on charges of 'large scale irregularities' in their recruitment carried out by the preceding Mulayam Singh Yadav regime.
Mohd Azmal Haque -- who retired as a junior commissioned officer last year -- has been asked to prove that he is an Indian and not an illegal Bangladeshi immigrant.
More and more companies are warming up to the idea of reverse mentoring.
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