New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth largest asset manager's entry into the booming Indian market.
They help diversify portfolio and are less risky.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Buying units of international feeder funds is no different from buying any mutual fund unit.
Despite recent setback, these remain the most appropriate tool for international diversification
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
India may be at the fag end of a downcycle that has lasted over 7 years
'It could tempt investors to pick stocks that are not fundamentally sound.'
Equity investments are fruitful over the very long 20-year term.