One should base the decision on one's potential liability under the new tax rules.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
Time for approving new fund offers down from 6 months to 2 months; MFs have mobilised Rs 4,000 crore from nearly 30 equity NFOs since October last year.
A Balasubramanian tells Business Standard that the sector will see one of its best phases in the coming five years.
Tata Steel is fine-tuning strategies to enhance revenues.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
After Singapore this is the second such nodal office opened by the new group chairman.
The majority have stayed away from getting into cash handling.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Recent appreciation has not deterred companies like electric goods maker Havells to set up plant in India.
Other income stood at about a quarter of PBIDT in the first 9 months of 2013-14
This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
IT, pharma and FMCG stocks are the top performers in 2013.
After relentlessly selling shares for most of 2013, India's equity mutual fund managers have turned buyers in the fag-end of the year.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances