All stories by Ashley Coutinho
Mutual fund investors to pay stamp duty from July 1Rediff.com6 days ago
Investors who issued units in liquid and overnight funds, as well as those with a short-term holding of less than 30 days, are likely to be impacted the most, say experts.
Mauritius' plans to exit 'grey list' hits COVID roadblockRediff.com19 Jun 2020
The country was, in February, put on the list of jurisdictions that require increased monitoring. These are done to counter money-laundering, terrorist financing, and proliferation financing in a more efficient manner.
Not just China, Hong Kong too may come under new FDI rulesRediff.com29 Apr 2020
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
Lessons from the Franklin fiascoRediff.com27 Apr 2020
Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.
Overseas investment hubs may come under Sebi scanner for China linksRediff.com20 Apr 2020
The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.
In boost for investment, Mauritius FPIs get category-I statusRediff.com14 Apr 2020
Being part of category-I implies lower compliance burden, simplified know-your-customer norms and documentation requirements, and fewer investment restrictions.
Nifty may fall below 8,000, say expertsRediff.com19 Mar 2020
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones.
Market turmoil is bad news for IPOsRediff.com16 Mar 2020
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
Investors' perception about market risk at highest level since 2008Rediff.com13 Mar 2020
VIX is meant to indicate investors' perception of the annual market volatility over the next 30 calendar days. The higher the value, the higher is the expected volatility and vice versa. VIX touched its historical peak of 85.13 on November 17, 2008, in the aftermath of the collapse of Lehman Brothers. In the past five years, it has stayed below 30.
Budget 2020: Few hits and misses for overseas investorsRediff.com10 Feb 2020
The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country.
Sebi scraps upfront fees for portfolio management servicesRediff.com22 Jan 2020
The regulator has asked portfolio managers not to leverage the portfolio of clients for investment in derivatives and not indulge in speculative transactions that are not accompanied by actual delivery, except for derivatives trades. This is done with the intention of reducing volatility in the market and curbing undue risks.
Employee-related litigation could hit UTI MF's valuationRediff.com21 Dec 2019
The asset manager is yet to resolve the impasse surrounding the payment of pension to its erstwhile employees who had opted for voluntary retirement in 2003.
Post IL&FS crisis, MFs' exposure to NBFCs down 30%Rediff.com14 Nov 2019
The financial services sector, including NBFCs and housing finance companies (HFCs), have historically been the largest borrowers from MFs.
New Fema rules stump foreign-owned MFsRediff.com5 Nov 2019
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
80% FPIs get major relief from market regulatorRediff.com31 Oct 2019
This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.
Planning to invest in PSU stocks? Be very carefulRediff.com21 Oct 2019
In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent.
Despite market volatility, equity NFOs are quite popular with investorsRediff.com9 Oct 2019
The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 - 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.
Co-location case: Sebi clears three former NSE executivesRediff.com30 Aug 2019
The capital markets regulator exonerated former employees Subramanian Anand, Ravi Apte, and Umesh Jain, with respect to charges levelled against them.
Why overseas fund managers find India unattractiveRediff.com9 Aug 2019
Increase in surcharge will adversely impact fund managers planning to shift to India. As a matter of fact several fund professionals based in India could also relocate to other jurisdictions, resulting in a brain drain.
Financial services firms may raise record Rs 1.2 trn via QIPsRediff.com19 Jul 2019
In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.
'Mid-caps look attractive over large-caps'Rediff.com24 Jun 2019
'Equities are likely to be range-bound with a downward bias for the remaining part of the year.'
Bonus payouts to fund managers to take a hitRediff.com13 Jun 2019
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
'We expect markets to be volatile this year'Rediff.com3 May 2019
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
Why stock brokers are an unhappy lot todayRediff.com26 Apr 2019
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
Top FPIs' assets more than double in 5 yearsRediff.com8 Mar 2019
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
Can SBI Mutual Fund be the top AMC?Rediff.com6 Mar 2019
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Fixed-maturity plans to take a hitRediff.com5 Mar 2019
'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'
Top 15 fund houses lead equity asset growthRediff.com11 Jan 2019
MFs have benefited from a shift to financial assets from physical assets like real estate and gold.
IL&FS crisis shrinks MF debt assetsRediff.com10 Jan 2019
About 24 fund houses saw a decline in their debt AUMs in the past one year.
'Stock markets' reaction to poll outcomes is similar'Rediff.com4 Dec 2018
'... Whether an incumbent is voted back or a coalition forms a new government except for a temporary disruption for a few weeks.'
Why have 3,400 brokers shut shop?Rediff.com27 Nov 2018
'The years after the financial crisis of 2008 were tough for brokers as volumes dwindled and retail investors stayed away.'
Why FPIs and MFs are dumping mid- and small-cap stocksRediff.com13 Nov 2018
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
Mahindra scouts for foreign partner to grow MF businessRediff.com27 Sep 2018
Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore
Bad news for those planning to sell shares of InfosysRediff.com12 Sep 2018
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
Investors, know what covered calls are?Rediff.com6 Sep 2018
Sebi may allow mutual funds to make use of covered calls as part of their equity strategy.
PIOs likely to be kept out of beneficial ownership restrictionsRediff.com1 Aug 2018
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
Singapore's new norms a shot in arm for Indian offshore fundsRediff.com21 Jul 2018
Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.
HDFC Mutual Fund's market debut = windfall for key employeesRediff.com19 Jul 2018
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
Mauritius funds may now be re-routed through Singapore for investments in IndiaRediff.com10 Jul 2018
Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius
How India Inc plan to curb insider tradingRediff.com29 Jun 2018
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.