The National Stock Exchange on Wednesday removed Satyam from its benchmark index Nifty and the IT firm will be replaced by Reliance Capital with effect from January 12.
The company has a market capitalisation of $743 billion.
UTILTAF is a 10-Yr close-ended tax-saving fund, with an initial 3-Yr lock-in period
The P-75 index, a subset of BSE 500 stocks, has severely underperformed the broader market across time horizons
The year 2007 has been yet another blockbuster year for the stock markets. The Sensex posted annual returns of 46.6 per cent as on December 28 this year, following gains of 46.7 per cent in 2006.
RTSF will be managed aggressively like its diversified equity fund siblings; also the fund is likely to be a high risk - high return investment proposition.
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
This is because the action outside of the indices over the past month has been rather strong
Despite the possibility of the economy bottoming out, the investment cycle could remain weak for another couple of years and earnings downgrades should continue.
The country's 44 fund houses together had an average AUM of Rs 9.85 lakh crore during April-June quarter of 2014-15, up from Rs 9.05 lakh crore (Rs 9.05 trillion) in the preceding three months, according to the latest data available with Association of Mutual Funds in India.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
A delay in US Federal Reserve's quantitative easing tapering, coupled with better-than-expected September quarter earnings, ensured FIIs kept foreign money flowing into Indian equities.
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
Analystsare showing optimism in Sensex EPS growth after double digit growth in the second quarter of current year.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
One should not time the market before investing
Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
The Prime Minister's visit to Japan reinforces the strategic focus of global partnership between India and Japan.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.