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Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

 Raigad police in Maharashtra on Friday registered a criminal case against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide.......

'Investors should have balanced portfolio'

 '...which is possible through flexicap and multicap funds.''The latter has a better balance between large, mid and smallcap stocks.' Illustration: Uttam Ghosh/Rediff.com The largecap space has......

Vanguard slashes Ola's valuation by another 29% to $1.88 billion

 The US-based investment management firm Vanguard has adjusted the valuation of the mobility company Ola to $1.88 billion. Photograph: Shailesh Andrade/Reuters This represents the third markdown......

What's in store for mutual fund investors in 2024?

 The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. Illustration: Dominic......

Smallcap rush pushes hybrid funds to sidelines, show slowest account growth

 Hybrid mutual fund (MF) offers, expected to drive higher investor interest after the change in debt fund taxation, are set to end 2023 with the slowest account growth in the past three years.......

Fund managers find comfort in largecaps as Sensex tops 70K

 Following the sharp run in markets, valuations across the board have become elevated. The National Stock Exchange Nifty50 Index now trades at a 12-month trailing price-to-earnings (P/E) multiple of......

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