Foreign portfolio investors, on the other hand, have been net sellers in the markethaving pulled out Rs 8,600 crore
Drop in the number of schemes is less than 3%, despite merger of 38 schemes between Sept 2017 and May this year
A large proportion of passive funds has beaten actively managed large-cap funds with average one-year category returns for large-cap at 10.2 per cent
Exodus of top managers an unintended side effect of roaring MF industry
Professional CEOs in the sector draw a much higher remuneration than promoter CEOs, points out report by IiAS.
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.
The regulator had introduced trading plans to provide an opportunity for those holding possible insider information to legitimately trade, without violating insider trading regulations
Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
MF investors may not be able to support markets fall if selling intensifies
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
While the concerned property may be confiscated, a person indulging in such a transaction is liable to pay a fine up to 25 per cent of fair market value of the property
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Top firms get GST notices on credit claims on Friday; replies sought within hours.
While a little more than 140 penny stocks have doubled in value, 555 have given negative returns in the past year. Of these, 84 shed more than half their value.
'The good news is that money continues to flow into India-focussed offshore funds.'