Inflow in equity mutual funds dropped by 22 per cent to Rs 33,430 crore in August primarily due to a sharp fall in new fund offers (NFOs), data released by the Association of Mutual Funds in India......
With limited downside risk, the Indian market offers tremendous upside over the next five years, says Raamdeo Agrawal, joint managing director, Motilal Oswal Financial Services. The brokerage has......
Cash holdings of equity mutual fund (MF) schemes moderated in September amid a slowdown in fresh inflows. Illustration: Dominic Xavier/Rediff Equity MF schemes held cash worth Rs 1.76 trillion at......
Recent developments — proposed changes to the goods and services tax (GST) rates and S&P Global Ratings’ upgrade of India’s long-term sovereign credit rating to BBB, with a stable outlook,......