The fund house had offered two options to affected investors -- either monetisation of assets by trustees or hiring a third party to conduct the process.
They do not have encouraging results to show coming into the Test series against India but New Zealand all-rounder James Franklin is hoping that they will be able do well against the formidable hosts.
In a statement, the central bank said heightened volatility in capital markets in reaction to Covid-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom.
Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election results and the continued uncertainty on the geo-political and interest rate fronts. Two fund houses - WhiteOak Capital and Samco - are set to launch special opportunities funds next week. Kotak MF has also filed papers with the regulator to launch a scheme in the same category.
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
With a 'yes' vote, there is a more foreseeable outcome, while a 'no' could result in greater uncertainty, for which retail investors may not have the appetite.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
Learning Hinduism and reading the epics of Ramayana and Mahabharata have taken a chunk of Missy Franklin's time ever since the five-time Olympic gold-medallist swimmer announced a shock retirement in December last year.
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.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
All-rounder James Franklin on Tuesday replaced the injured Hamish Bennett in New Zealand's squad for the remaining two Tests of the ongoing three-match series against India.
When evaluating bonds, returns shouldn't be the sole factor. Pay close attention to the bond's credit rating. It should ideally be AA or higher.
rediffGURU Ulhas Joshi answers readers' mutual fund queries
According to officials, Aman Preet Singh is among five people arrested as customers.
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.
Industry body Association of Mutual Funds in India on Friday assured investors that a majority of fixed income mutual funds assets are invested in superior credit quality securities and such schemes have appropriate liquidity to ensure normal operations. The statement by the industry body came after Franklin Templeton Mutual Fund voluntarily decided to wind up its six debt schemes citing redemption pressure and lack of liquidity in bond markets due to the coronavirus pandemic.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Both are four-star, diversified equity, tax saving funds that have been around for more than eight years. Interestingly, both had fund manager changes this year.
ICICI Securities picks the five best mutual funds for investors to look at. The best picks are schemes that one can invest in with a long-term horizon, says ICICI Securities.
Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds.
Such schemes need 3-5 yrs to take advantage of dollar and market risk.
'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
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.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Mutual funds, as experts and custodians of another set of retail investors' savings, play a speculative game they are neither supposed to nor equipped to do, cautions Debashis Basu.
Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market crises to safeguard the interests of all investors. These measures have been outlined in the investor protection policies recently put out by mutual fund (MF) trustees. The policies for small and midcap schemes were prepared by MF trustees following directives from the Securities and Exchange Board of India (Sebi) earlier this month.
To say Aretha ticked all the boxes when it came to voice technique is like calling Cristiano Ronaldo an efficient footballer, says Kanika Datta.
Australia's ODI World Cup-winning captain Pat Cummins was named as the captain of Sunrisers Hyderabad for IPL 2024.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'India is an equity market with a breadth and depth of companies to invest in.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.