The outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations.
DSP R P S Anand was transferred and posted in the Punjab Armed Battalion at Mohali, police sources said.
'Despite the current uncertainties, the long-term outlook remains constructive due to strong fundamentals, government initiatives, and a stable banking sector.'
The fund offers deduction under Sec. 80C and the minimum lock-in period would be three years as in any other ELSS.
Babloo Yadav, son of slain village head Nanhe Yadav who allegedly shot Haq dead using a country-made gun, was apprehended in Pratapgarh district, CBI sources said.
Facing strident demands for the arrest of Raghuraj Pratap Singh alias Raja Bhaiya booked in the DSP murder case, Uttar Pradesh Chief Minister Akhilesh Yadav on Wednesday promised to take action against those found guilty.
'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'
Hizbul Mujahideen terrorist Sajid Ahmad Gilkar was killed in an encounter on Wednesday.
A Deputy Superintendent of Police was assaulted by armed liquor smugglers when he along with his team went to raid an illicit liquor shop in Pilkhuwa area in Ghaziabad, police said on Wednesday.
Police appointed an inspector general to probe into an unverified letter that surfaced on social media, purportedly written weeks before his death by Deputy Superintendent of Police Devendra Mishra. It had alleged links between the Chaubeypur station officer and the gangster.
Congress Vice-President Rahul Gandhi on Saturday met the family of slain DSP Zia-ul-Haq at his village in Deoria and assured that they will get justice.
DSP Merrill Lynch Fund Managers Limited Senior Vice President Anup Maheswari told reporters in Kolkata on Tuesday that the fund, to be launched next month, would target small and mid-cap companies having huge growth potential.\n
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
Radical Sikh preacher and Khadoor Sahib MP Amritpal Singh's brother Harpreet Singh has been apprehended by Jalandhar police in a drug case, a senior police official said on Friday.
Soumendra Nath Lahiri, senior VP, Equities, at DSP Merrill Lynch, says that they have maximum midcap exposure to media and IT in Opportunities Fund. The company has increased exposure to Mastek and Deccan Chronicle, he adds.
The widow of slain police officer Zia-Ul-Haq has refused to accept the job offered by the Uttar Pradesh government saying that she would not accept anything other than a DSP's post.
The Central Bureau of Investigation on Friday filed a chargesheet before the special court in the murder of Kunda DSP Zia-ul Haq without naming former minister Raja Bhaiya, who was an accused in the FIR filed by the officer's wife.
The wife of slain DSP Zia-Ul-Haq was on Friday night appointed as Officer on Special Duty Welfare by the Uttar Pradesh government.
Brandishing sticks and swords, a mob vandalised the car of the president of a gurdwara management committee over the 'removal' of a poster of slain Sikh separatist Jarnail Singh Bhindranwale, police said on Monday.
An 18-year-old NEET aspirant from West Bengal, preparing for the medical entrance test in Kota at a coaching institute, died on Wednesday morning after being found unconscious in his PG room, the police said.
'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
Union Minister of State for Home R P N Singh met the family of the slain Uttar Pradesh DSP Zia-ul Haq at his native village here and assured that the CBI probing the case would expose the guilty.
'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'
He used his service revolver to kill them.
DSP Merrill Lynch Mutual Fund on Monday launched three new schemes and targets to raise Rs 750 crore (Rs 7.50 billion) through the initial public offering for these schemes.
Jagadish and Anukumar were taken into custody from the district headquarters town of Chitradurga by a team led by Deputy Superintendent of Police (DSP) Dinakar.
Shooters' preps lacked planning, says Olympian Vijay Kumar
The arrests came on the basis of interrogation of five Al-Badr terrorists nabbed over the past two days.
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.
Former Uttar Pradesh minister Raghuraj Pratap Singh alias Raja Bhaiya Thursday underwent lie-detection test in connection with the murder of Kunda DSP Zia-ul-Haq.
CBI sources said 44-year old Raja Bhaiya, who is prime accused in the FIR registered by Kunda DSP Zia-ul-Haq's wife Parveen Azar, has been summoned by the agency for questioning in connection with the larger conspiracy related to the murder of Balipur village head Nanhe Yadav.
Buoyed by the 'feel good factor' in the economy, investment banking firm DSP Merrill Lynch on wednesday raised India's GDP forecast for 2003-04 to 7.3 per cent from the earlier prediction of 6.7 per cent.
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
The letter, which has surfaced on social media, alleges that station officer Vinay Tiwari had got a serious charge against Dubey dropped. Police suspect that Vinay Tiwari may have tipped-off Dubey that a police team was on its way to arrest him.
Chief Minister Mehbooba Mufti warned that there could be a backlash if the force loses patience.
The Central Bureau of Investigation is all set to start a probe into the death of DSP Zia-ul-Haq in Pratapgarh in Uttar Pradesh in the backdrop of a growing demand for action against the state's ruling Samajwadi Party leader Raghuraj Pratap Singh alias Raja Bhaiya.
DSP Merrill Lynch aims to raise Rs 700-750 crore (Rs 7-7.50 billion) from its three new schemes, which will open on Tuesday.
In 2006, Kothari had sold 48 per cent stake in the company to Merrill Lynch. Kothari will be retiring from the company effective from March 31.
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