Last October's circular meant that downstream investment by such funds by way of subscription or acquisition of shares would have been considered "indirect foreign investment" if their investment manager or sponsor is owned or controlled by a non-resident. The finance ministry has now said that mutual funds that invest more than 50 per cent in equity shall be omitted from the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Find out if you do these 6 things to become one
As the stock markets scale new peaks almost every day in a pre-poll rally, a vast majority of Indian investors expect a further rise in equities in the current year, says a survey.
So unless you are convinced of getting your market timing absolutely bang on everytime, opting for SIPs is more realistic from a logistical and psychological standpoint, says Larissa Fernand
The Indian markets have risen 5.2 per cent in the last five days, but Mobius, who has one of the largest exposures to India among Brazil, Russia, India, China (BRIC) countries, says he cannot say the correction is over in the Indian markets.
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
Kings XI Punjab stand-in captain David Hussey said that the run-out of Mumbai Indians stumper Dinesh Karthik to end a 75-run partnership with James Franklin turned their IPL match in their favour.
Monitor how long the high cash position lasts. If it lasts for a month or two, it is fine. But if it continues for a couple of quarters, seek your advisor's opinion on whether to exit the fund.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
'His script, his body language is different, at the most he is a trained pracharak, a national politician building a base, an audience, a community of behaviours and followers from a younger generation, attempting to talk to children so they become his enthusiasts. Many are and that is his victory.'
Prime Minister Narendra Modi is all set for his second visit to the United Arab Emirates starting Friday as part of his West Asia trip which will also cover Palestine and Oman. Ahead of his visit to the UAE, the prime minister had an offbeat interview with Gulfnews (external link) during which he divulged details about people who inspire him and about his travels. Here are some key takeaways from the interview.
Indian Finance Minister Pranab Mukherjee stresses on stronger Indo-US ties at the CEO meet in Washington, DC.
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
US Under Secretary of Commerce for International Trade Franklin L Lavin, who will lead the largest American trade mission to India ever has said the delegation besides several senior administration officials will comprise 238 business leaders
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
Distressed by the falling spree of Indian equities, fund managers are looking at various avenues of diversification. At a time when emerging markets, including India, are vulnerable to global cues and are more coupled, frontier markets showless or almost no correlation. Franklin Templeton was the first to spot an opportunity and has already filed for a MENA fund (Middle East North Africa Fund), which will invest in some of the frontier markets.
The life and times of the famed Leftist revolutionary Che Guevara.
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
Be it India's Shiv Kapur or South African Brandon Stone, the golfers are keeping a close eye on the ongoing tournament.
Richard Rahul Verma, the first Indian American to serve as US Ambassador to New delhi, quips that surviving the first month in India is his first goal.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The US Under Secretary for International Trade says the US and India were paying for a history of neglect of commercial relations.
As Boomers leave the work force, there are not enough Gen-Xers to take their place, a report has revealed.
When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual funds-related queries.
FIPB had taken up these three proposals in its meeting in August, but the decision on them was kept in abeyance.
India's report card on the ninth day of the 2016 Olympics.
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The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.
Elections in nine states coupled with possible geo-political tension and rise in oil prices may prove to be a dampener for high economic growth.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
It is time the current leaders who swear by 'cultural nationalism', that is religion neutral, assert that Bharatiyata is at the core of our nationalism and India was never a 'Hindu Rashtra', argues Colonel Anil A Athale (retd).
The company has a market capitalisation of $743 billion.
Fans across India are now photo-shopping his picture and the results are amazing.
SSP Chawrasia clinched his fourth European Tour title on Sunday when he won the Indian Open for the second successive year with a seven-shot victory over Malaysia's Gavin Green.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
