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Ultra High Networth Individual

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  • Business

Winter's over: It's springtime for shorter-horizon funds

The Covid winter seems to be finally ending for debt-oriented mutual fund (MF) schemes as interest rates peak, especially for those that invest in shorter-maturity papers. Illustration: Uttam......

As AIFs rise in popularity, PMS industry feels the heat

Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling......

Philanthropy by India's super rich falls by a third in FY22, says report

Ultra high networth individuals contributed Rs 4,230 crore as compared to Rs 11,821 crore in FY21. Surajeet Das Gupta reports. Illustration: Uttam Ghosh/Rediff.com Philanthropic contributions made......

Indian investments in foreign stocks, property at record high in Dec

The wealthiest Indians have been invested in property abroad for diversification. Sachin P Mampatta reports. Photograph: Dado Ruvic/Reuters The amount of money Indians invested in foreign......

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent Robot Tech

Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. IMAGE: Nikhil Kamath,......

Top Coverage News


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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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