Close to 21.5 per cent of this will be sold to Japan’s Nippon Life, which will then become the sole promoter of the fund house. Anil Ambani-led Reliance Capital will sell up to 6.3 per cent......
Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts Illustration: Uttam Ghosh/Rediff.com Equity mutual funds (MFs) saw net investor inflow of Rs 20,308 crore in......
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform,' experts tell......
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper Illustraton: Uttam Ghosh/Rediff.com Equity fund managers, flush with strong domestic......
More asset sales may be only way out, though most of the group companies’ ratings have been downgraded and their combined market value is now a fraction of their combined debt. The Anil......