The death toll climbed to 15,301 with 407 new fatalities, according to the Union health ministry data.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Funds collected by the mutual fund will be invested in gold and hence the net asset value of the ETF will be largely dependent upon price of gold minus the administrative costs of the AMC and the mutual fund.
As daily testing of samples of blood and throat and nose swabs crossed two lakh for the first time since the outbreak of the pandemic, over 14,000 new coronavirus cases were registered in the country for the fifth day in a row to take the total count to 4,56,183, according to the Union Health Ministry data.
Fund houses' tie-ups with the postal department for marketing their schemes through post offices are yet to take off in a bigger way.
Get your basics right with these terms explained.
The US retailer hopes to triple its sourcing from India by 2010 and touch the $1 billion mark. The retailer has been running a sourcing operation, Target Sourcing Services/AMC, in India since 1975.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Our advice to investors remains the same - ignore serial NFOs on the equity side and instead focus on the well-established funds with a proven track record over the long term.
The requirement of PAN for every purchase will add to the confusion for investors. Here's why.
2006-07 saw mixed returns for mutual funds. Compared with the previous financial year, the returns have declined, mainly due to a fall in the stock prices. The net asset value of most equity funds fell nearly 10 per cent since January 2007.
It is a close-ended plan for a period of three years from the date of allotment of units, and will be converted into an open-ended one at the end of this tenure
Even optimists suggest a tempering of expectations and there may still be room for a fall.
When it comes to making investments in mutual funds, it all boils down to which fund to invest in.
With market regulator SEBI having no objection, leading mutual funds including UTI AMC are now awaiting Reserve Bank's nod to invest in the equity of Fortune-500 companies.
Property giant Dalian Wanda Group Co said on Wednesday it would buy a stake in Spanish soccer champions Atletico Madrid for 45 million euros ($52 million), becoming the first Chinese company to invest in a premier European football club.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Jayesh Gandhi, Fund Manager, Birla Mutual Fund says that they have exposure to Allahabad Bank, IOB, PNB and Union Bank.
This feat was achieved 25 years after the mutual funds industry was opened to private players. The industry now aims to achieve the next Rs 25 trillion in 5 years.
Should you invest in mutual fund IPOs? Check this out.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The victory is seen as a huge boost to Chief Minster Narendra Modi, who has been plagued by dissidence within the state unit.
While its operating radius remains secret, a back-of-the-envelope calculation indicates it can easily strike targets 1,000 kilometres away and return to base.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Apprehending a sharp decline in business, mutual funds including UTI AMC have asked Finance Minister P Chidambaram to exempt all debt instruments from the proposed 0.15 per cent transaction tax.
The government is not in favour of selling UTI Mutual Fund to a private player and has insisted that one of the existing sponsors buy it by this fiscal.
An unprecedented water crisis due to a dry spell.
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