Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
In September, net equity inflows stood at Rs 6,609 crore, compared to Rs 9,152 crore in the previous month. In the last four months, this is the lowest net inflow tally seen by the equity category.
According to sources at CAB, the security clearance did not come a day ahead of the historic match between India and Bangladesh in Kolkata.
Feeder funds may well be the next big thing for Indian investors looking at opportunities abroad. "Several top funds are working on launching feeder funds schemes.
There are just 10 mn MF investors compared to 60 mn homes with life insurance.
According to data from AMFI (Association of Mutual Funds in India), Rs 12,079 crore (Rs 120.79 billion) came into the new schemes in January alone. In December 2007, inflows were to the tune of Rs 10,273 crore (Rs 102.73 billion).
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
Harris, in a major foreign policy speech as part of her three-day visit to Singapore, said America's vision includes the freedom of navigation which is vital to all.
While players like Paytm, MobiKwik, and PhonePe allow you to buy gold for Rs 1, Amazon Pay has kept the minimum amount at Rs 5. Digital gold is essentially an avenue for investing in physical gold.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
News of all that transpired on and off the football field.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
India's footballers and cricketers -- both current and former -- reacted with shock after Goswami's demise. The versatile veteran, a former India football captain as well as a first-class cricketer, was 82.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The Mutual Fund Identification Number (MIN), mandatory for investments above Rs 50,000 in mutual funds, is likely to stay, even though the month-old confusion over it continues.
Asset management companies have been told not to deal with non-compliant intermediaries. They are to report such cases to the Association of Mutual Funds in India (Amfi) and Sebi.
Retail participation in mutual funds from beyond the top 15 cities in the country has increased remarkably in the past 18 months.
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
The issue cropped up as Justice Mishra, who is heading a five-judge Constitution bench hearing land acquisition matters, had warned senior advocate Gopal Sankaranarayanan on Tuesday of contempt while he was advancing his arguments in the matter.
Let us look at the various issues associated with FoFs -- some are positive and some negative.
Time for approving new fund offers down from 6 months to 2 months; MFs have mobilised Rs 4,000 crore from nearly 30 equity NFOs since October last year.
Funds made investments worth Rs 64,602 crore (Rs 646.02 billion) in the debt market during June, higher than Rs 26,840 crore (Rs 268.4 billion) in May, as per the latest data available with market regulator Sebi.
Corporate houses, banks and financial institutions account for more than half of the mutual fund industry's total assets under management, while retail investors hold less than one-fourth of the assets, a report says.\n\n
This means, any investors who had submitted an application to the fund house for purchase or redemption on Monday, before 3 pm will not get the net asset value of the current day. The applications for both, redemption and investments will be processed based on tomorrow's NAV. This will also apply to those who invested after 3 pm on Friday. As markets were closed after hitting the upper circuit, mutual funds could not buy or sell stocks.
One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
Sebi has taken note of mis-selling in the financial sector and is planning to regulate the distributors, the only unregulated part of the MF industry.
Dr Navin Shah, erstwhile president of the American Association of Physicians of Indian Origin, has set up an Indo-US Physicians Exchange Programme that envisages voluntary mutual exchanges between American and Indian physicians to help improve medical education and health care in India. The programme has been set up with the support of the United States Department of State, the World Health Organisation's Global Health Workforce Alliance.
Khan proposed a meeting between Foreign Minister Shah Mehmood Qureshi and his Indian counterpart Sushma Swaraj on the sidelines of the UN General Assembly in New York this month.
"Investor focus is shifting from equity to debt funds because of the extreme volatile market conditions," Association of Mutual Funds in India chairman, A P Kurian, told reporters on a Wednesday at a seminar on risk and compliance being held in Mumbai.
"This decision of removing initial issue expense will make close-ended mutual fund schemes less expensive for retail investors", Sebi chairman M Damodaran said while briefing reporters after the board meeting. The Sebi board also cleared the draft proposal for listing of debt securities, ease disclosure norms for existing debt market securities and paved the way for permanent registration of capital market intermediaries.
Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.
He also reiterated India's strong support in the fight against terrorism with Sri Lanka, which saw the country's worst terror attack on Easter Sunday.
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
