'The volatility in the stock markets since September 2024 has hurt the pace of accretion of new investors.'
The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time.
SIP inflows into active equity schemes from areas beyond the top 30 cities (B30), which first crossed this milestone in September 2025, stood at Rs 10,080 crore in October, industry data shows.
'The brain would always react first, he was an intelligent cricketer, a good thinking cricketer.'
Subramaniam has no reason to believe that the man would hang up his boots anytime soon.
"He will complete this tour as I have now accepted his apology," Rai added.
A senior member of the Indian cricket team has come under the scanner for violating BCCI's 'family clause' rules during the ICC World Cup.
Former opener Vikram Rathour will replace Sanjay Bangar as India's new batting coach while Bharath Arun and R Sridhar were expectedly retained as bowling and fielding coaches respectively.
Close-ended equity funds, launched with fanfare three years ago, have disappointed investors with their dull returns. The data from Value Research shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent. In comparison, the Sensex Total Return Index (TRI) has rallied 46 per cent over the past one year.
Mutual funds (MFs) are set to be net sellers of Indian equities for the first time in the past seven financial years, having sold stocks worth about Rs 1.27 trillion so far in 2020-21 (FY21), making it the highest net sales on record in a financial year. MFs had been net buyers in the previous six financial years, including purchases of over Rs 1.41 trillion in FY18, Rs 88,152 crore in FY19, and Rs 91,814 crore in FY20. The last time they offloaded Indian equities was in FY14, when they net sold stocks worth Rs 21,159 crore. In contrast, foreign portfolio investors (FPIs) have ramped up buying in FY21, purchasing more than Rs 2.6 trillion worth of shares.
The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021.
The selection of Ravi Shastri's coaching team will take place on Monday and the interviews for the batting, bowling and fielding coaches will be conducted by the national selection committee headed by MSK Prasad.
The interviews for the rest of the support staff will be held on August 19.
Subramaniam, who is best known as Ravichandran Ashwin's childhood coach, will join the team before the second cricket Test against Sri Lanka in Colombo, starting August 3.
The support staff will be appointed for a period of two years beginning from the series against South Africa till the end of the 2021 T20 World Cup to be held in India.
'The BCCI has come to know that he refused to entertain their calls when all they were doing was to carry out the government's directive'
A junior member of the Indian cricket team's support staff was accused of "inappropriate behaviour" by a female hotel employee in Antigua, an incident dismissed as a "case of mistaken identity" by the BCCI.
Fundraising via equity NFOs highest since 2008; Over Rs 11K cr collected in first eight months of 2017, says Chandan Kishore Kant
Apart from Shastri, the other big names who will give presentations to the three-member committee include former Australia all-rounder and Sri Lanka coach Tom Moody, along with ex-New Zealand and Kings XI Punjab coach Mike Hesson.
The little known Thangarasu Natarajan's life changed in a matter of few minutes as Rs 10 lakh base price saw a quantum 30-time jump reaching Rs 3 crore.
'They should decide their allocation based on their risk appetite and age, and not valuations.'
What makes Ravichandran Ashwin the world's premier Test spinner?
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