News for 'Collective Investment Scheme'

Investors Redeem Rs 10K Crore From SIPs Every Month!

Investors Redeem Rs 10K Crore From SIPs Every Month!

Rediff.com16 Jul 2024

'In an economy that is set to double in the coming years, stopping SIPs will take investors out of this growth path.'

Strong cash flows, robust pipeline positive for Godrej Properties

Strong cash flows, robust pipeline positive for Godrej Properties

Rediff.com14 Feb 2025

The pre-sales volume of Godrej Properties (GPL) for third quarter of the financial year 2025 (Q3FY25) declined 6 per cent year-on-year (Y-o-Y) -- down 21 per cent quarter-on-quarter (Q-o-Q) -- to 4.1 million square feet (msf), resulting in a pre-sales value of Rs 5,450 crore, down 5 per cent each Y-o-Y and Q-o-Q. About 77 per cent came from newly launched projects. For 9MFY25, pre-sales were up 48 per cent Y-o-Y to Rs 19,300 crore.

RBI, Always Watchful, Always Vigilant

RBI, Always Watchful, Always Vigilant

Rediff.com2 Jan 2025

The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.

Why Fire Insurance Is A Must!

Why Fire Insurance Is A Must!

Rediff.com17 Jan 2025

While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.

FM unveils simpler tax law, middle class gets relief

FM unveils simpler tax law, middle class gets relief

Rediff.com1 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to higher TCS threshold for remittances and income tax benefits for middle class.

Budget key trigger for life insurance companies' stocks in near term

Budget key trigger for life insurance companies' stocks in near term

Rediff.com21 Jan 2025

The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Overall, the industry's individual WRP grew 4.8 per cent year-on-year (Y-o-Y); LIC's individual WRP declined 13 per cent while private players saw 11.4 per cent growth.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

FM launches new small savings scheme for women with 7.5% return

FM launches new small savings scheme for women with 7.5% return

Rediff.com1 Feb 2023

The deposit facility for the women and girls will be for a period of two years with a rate of interest of 7.5 per cent, Sitharaman announced.

Budget 2025: What states want from Sitharaman

Budget 2025: What states want from Sitharaman

Rediff.com20 Dec 2024

Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.

West Bengal will see county's biggest financial frauds

West Bengal will see county's biggest financial frauds

Rediff.com30 Jan 2013

Multi-crore ponzi schemes are mushrooming in West Bengal and government is not taking any action despite they are out in the open.

What Are Business Cycle Funds?

What Are Business Cycle Funds?

Rediff.com7 Dec 2024

Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle. First-time investors, those who prefer stable sector allocations, and those averse to volatility should steer clear of them.

MF Investor Base To Touch 50 Million

MF Investor Base To Touch 50 Million

Rediff.com24 Sep 2024

The number of active SIP accounts is nearing the 100 million milestone.

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Rediff.com11 Jun 2024

Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

Bajaj Fin target price hiked; stock reclaims Rs 8,000-mark after 15 months

Bajaj Fin target price hiked; stock reclaims Rs 8,000-mark after 15 months

Rediff.com31 Jan 2025

Shares of Bajaj Finance surged over 6 per cent on Thursday after the diversified non-banking finance company reported an 18 per cent increase in consolidated net profit to Rs 4,308 crore for the December quarter. The stock rallied 6.33 per cent intraday to touch Rs 8,249.95 - a 52-week high -- on the BSE.

Why MFs have curtailed investments in equities

Why MFs have curtailed investments in equities

Rediff.com14 Jul 2023

Shrinking inflows and surging outflows on account of profit-booking has curtailed mutual fund (MF) investments in equities since April. The total investments made by equity MFs during the first three months of 2023-24 stands at just Rs 2,980 crore, compared with an average monthly investment of Rs 14,500 crore in 2022-23, reveals data from the Securities and Exchange Board of India. "We are seeing signs of moderation in non-systematic investment plan (SIP) contribution, which has impacted domestic fund inflows in recent months to some extent," says Kunal Vora, head-India equity research, BNP Paribas.

Equity MFs inflow drops 14% in Nov

Equity MFs inflow drops 14% in Nov

Rediff.com10 Dec 2024

Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.

Only 21 tonnes mobilised under gold monetisation scheme in 8 years

Only 21 tonnes mobilised under gold monetisation scheme in 8 years

Rediff.com13 Jul 2023

Only 21 tonnes of gold have been mobilised in the last eight years under the gold monetisation scheme (GMS) which was announced by the Government of India in November 2015. This could be considered as a failure as the scheme has undergone several changes with a revamped GMS announced in April 2021 to improve collections. This figure was released by the World Gold Council (WGC) on Wednesday in its report titled 'Gold Investment Market and Financialisation, in India gold market series'.

Sebi struggles to shield savers from more Saharas

Sebi struggles to shield savers from more Saharas

Rediff.com9 Apr 2015

Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.

'Lacklustre Market Is Good Time To Invest'

'Lacklustre Market Is Good Time To Invest'

Rediff.com1 Nov 2023

'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'

Now there is a 'goat scam', and Sebi is probing it

Now there is a 'goat scam', and Sebi is probing it

Rediff.com6 Nov 2012

Claiming to have large goat-rearing farms in northern parts of the country, Beetal Livestock & Farm (P) Ltd had solicited investments from the public with a promise of 2 per cent monthly returns, and doubling of money in 3-4 years.

Equity funds log Rs 37K cr in July

Equity funds log Rs 37K cr in July

Rediff.com12 Aug 2024

Inflows into equity mutual funds (MFs) continued their strong momentum in July, despite the market volatility triggered by the Union Budget.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

New Tax Regime Could Pinch Small Savings

New Tax Regime Could Pinch Small Savings

Rediff.com12 Aug 2024

>According to the latest RBI data, PPF receipts have already experienced a decline between April 2023 and February 2024. Other schemes like the Sukanya Samriddhi Account and National Savings Certificate are also witnessing reduced inflows.

MFs Boom Despite Market Volatility

MFs Boom Despite Market Volatility

Rediff.com10 Aug 2024

Mutual Fund inflows in FY25 have already reached two-thirds of the total inflows seen in the entire FY24, with net inflows standing at Rs 1.3 trillion.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

Sebi to set rules for art funds, antiques

Sebi to set rules for art funds, antiques

Rediff.com22 Apr 2011

Sebi considers investment funds focussed on art works, antiques, coins and stamps as 'collective investment schemes', which come under the ambit of the capital market regulator.

Ponzi operators to face penalties worth three-times of profits

Ponzi operators to face penalties worth three-times of profits

Rediff.com27 Aug 2013

Until now, the penalty was Rs 1 crore only.

Sebi bars Rose Valley from raising public money

Sebi bars Rose Valley from raising public money

Rediff.com4 Jan 2011

While Rose Valley claimed that it was mobilising funds for real estate business, Sebi came to the conclusion that the company was in fact running a Collective Investment Scheme and did not seek market regulator's permission, mandatory for these products.

Govt plans committee to check frauds in India

Govt plans committee to check frauds in India

Rediff.com30 Nov 2012

With an aim to safeguard the investors from possible frauds involving collective investment schemes, the government has proposed a high-level committee of members from Reserve Bank, Sebi, Corporate Affairs Ministry and Economic Office Wing of state police departments.

More Saradha entities under Sebi scanner

More Saradha entities under Sebi scanner

Rediff.com24 Apr 2013

At least 10 companies are currently being probed for possible violation of CIS regulations of Sebi, the official said, while adding that role of Sen and other top executives associated with these entities was also being investigated.

RBI's Sachet can help curb ponzi schemes

RBI's Sachet can help curb ponzi schemes

Rediff.com16 Aug 2016

As all regulators are part of it, individuals don't need to worry about approaching the right authority

West Bengal's 'chit fund'-fuelled media boom

West Bengal's 'chit fund'-fuelled media boom

Rediff.com24 Apr 2013

70 per cent of the total ad market in the state was driven by these companies.

How well do you know your mutual fund basics?

How well do you know your mutual fund basics?

Rediff.com9 Sep 2009

12 important facts every mutual fund investor must know.

MAF's Steal A March Over BAF's

MAF's Steal A March Over BAF's

Rediff.com31 Jul 2024

Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.

Simultaneous polls can promote consistency in governance: Prez Murmu

Simultaneous polls can promote consistency in governance: Prez Murmu

Rediff.com25 Jan 2025

President Droupadi Murmu, in her address to the nation on Republic Day, advocated for the "One Nation One Election" initiative, emphasizing its potential to enhance governance and reduce financial burdens. She highlighted the government's efforts to eliminate remnants of colonialism, citing the replacement of British-era criminal laws with modern alternatives. Murmu also lauded India's economic progress, stressing the importance of inclusive growth and social welfare. She urged citizens to remember the sacrifices of freedom fighters and reaffirmed the significance of the Constitution in guiding India's journey towards a prosperous and equitable future.

Quiz: Test your mutual fund gyaan

Quiz: Test your mutual fund gyaan

Rediff.com12 Oct 2010

With the ever-changing finance industry and the new rules brought out by SEBI, are you sure you are up-to-date on your mutual funds gyaan?

Sebi gets more power to clamp down on ponzi schemes

Sebi gets more power to clamp down on ponzi schemes

Rediff.com18 Jul 2013

The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.

Why Mutual Fund Inflows Have Surged

Why Mutual Fund Inflows Have Surged

Rediff.com19 Sep 2024

Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.

Mutual funds flock to silver ETF space with new schemes

Mutual funds flock to silver ETF space with new schemes

Rediff.com28 Aug 2022

Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created investment asset class by market regulator Sebi in 2021. Further, fund houses including Kotak Asset Management Company have filed draft documents with the markets regulator to float silver ETF as well as silver ETF fund of funds for investors, information with the Securities and Exchange Board of India (Sebi) showed. These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours.