News for 'Fund of Funds'

Pakistan Hockey Federation Receives Government Funds for Key FIH Events

Pakistan Hockey Federation Receives Government Funds for Key FIH Events

Rediff.com10 Apr 2026

The Pakistan Hockey Federation (PHF) has confirmed that the government has released funds for the national team's participation in the FIH Nations League and the FIH World Cup. However, player Abdul Hannan Shahid has raised concerns about low daily allowances and lack of financial support for players.

Should You Invest In Multi-Asset Funds?

Should You Invest In Multi-Asset Funds?

Rediff.com3 Mar 2026

Their assets under management (AUM) rose from Rs 1.04 trillion (January 31, 2025) to Rs 1.75 trillion (January 31, 2026), an increase of 68.3 per cent.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.

BPCL Customers Face Charges Over Misappropriated Funds

BPCL Customers Face Charges Over Misappropriated Funds

Rediff.com2 Apr 2026

Seven customers of Bharat Petroleum Corporation Limited (BPCL) in Indore have been booked for allegedly misappropriating over Rs 5.7 crore that was wrongly deposited into their digital wallets. Police are investigating how Rs 129.55 crore was incorrectly credited to around 1,000 BPCL 'Smart Fleet' customers.

How to Apply For The Global Youth Action Fund

How to Apply For The Global Youth Action Fund

Rediff.com15 Jan 2026

The worldwide grant programme is inviting applications from young people aged between 12 and 19 globally who are driven by purpose and a desire to make a difference.

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Rediff.com8 Apr 2026

The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Rediff.com15 Apr 2026

Union Home Minister Amit Shah pledged the BJP will recover funds allegedly stolen by the TMC in Bengal and promised development schemes for North Bengal, while attacking Mamata Banerjee's governance.

Sebi mulls allowing gift cards, prepaid instruments to invest in mutual funds

Sebi mulls allowing gift cards, prepaid instruments to invest in mutual funds

Rediff.com24 Mar 2026

Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space.

Union Minister Pradhan Alleges TMC Mismanagement of Funds, Criticises Bengal's Education System

Union Minister Pradhan Alleges TMC Mismanagement of Funds, Criticises Bengal's Education System

Rediff.com7 Apr 2026

Union Minister Dharmendra Pradhan has accused the TMC government in West Bengal of diverting central funds for party activities and destroying the state's education system. He also criticised the teacher recruitment process and expressed confidence in the BJP's victory in the upcoming assembly polls.

Haryana Bank Official Arrested in 150 Crore Panchkula Municipal Funds Scam

Haryana Bank Official Arrested in 150 Crore Panchkula Municipal Funds Scam

Rediff.com8 Apr 2026

A private bank official has been arrested in Haryana in connection with a 150 crore discrepancy in the accounts of Panchkula Municipal Corporation.

Sarma Accuses Mamata Of Diverting Funds To Infiltrators

Sarma Accuses Mamata Of Diverting Funds To Infiltrators

Rediff.com18 Apr 2026

Assam Chief Minister Himanta Biswa Sarma has accused West Bengal's Mamata Banerjee government of diverting resources to 'Bangladeshi Muslim infiltrators' and warned of losing Bengal if she remains in power.

Abhishek Banerjee Demands Release Of Bengal Funds

Abhishek Banerjee Demands Release Of Bengal Funds

Rediff.com19 Apr 2026

TMC leader Abhishek Banerjee has urged Prime Minister Narendra Modi to release pending central dues to West Bengal before professing his love for the state. Banerjee also criticised BJP leaders for their reaction to the 'Jai Bangla' slogan and accused the BJP of failing to act on its promise to develop the Sagar islands.

Man Killed By Family Over Daughter's Wedding Funds

Man Killed By Family Over Daughter's Wedding Funds

Rediff.com22 Apr 2026

A man in Uttar Pradesh was allegedly murdered by his wife, daughters, and minor son over fears he would waste money intended for his daughter's wedding, police said.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

Rediff.com18 Mar 2026

The Maharashtra Anti-Terrorism Squad (ATS) is investigating a bogus religious trust in Beed that received funds from a controversial international organisation, Chief Minister Devendra Fadnavis announced.

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Rediff.com24 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.

Delhi Police Nab Juvenile Gang Funding Birthday Trip Through Bike Thefts

Delhi Police Nab Juvenile Gang Funding Birthday Trip Through Bike Thefts

Rediff.com26 Mar 2026

Delhi Police have apprehended seven juveniles allegedly involved in multiple cases of bike jacking, robbery, and theft in Dwarka. The group planned to fund a birthday celebration at a hill station by selling the stolen motorcycles.

Watch for Portfolio Overlap Before Adding Funds

Watch for Portfolio Overlap Before Adding Funds

Rediff.com2 Feb 2026

Overlap refers to the same stocks appearing across fund portfolios.

Accel and Google's AI Fund Invest in Five Promising AI Startups

Accel and Google's AI Fund Invest in Five Promising AI Startups

Rediff.com16 Mar 2026

Accel and Google's AI Futures Fund have announced the five startups selected for the 2026 Atoms AI Cohort, focusing on enterprise, voice, and industrial AI solutions, with each startup receiving significant investment and resources.

Cheerio AI Raises Rs 8 Crore in Seed Funding Round

Cheerio AI Raises Rs 8 Crore in Seed Funding Round

Rediff.com5 Mar 2026

Cheerio AI, an AI-powered customer engagement platform, has raised Rs 8 crore in seed funding to build multi-modal AI capabilities and expand its platform.

Delhi Driver Arrested For Siphoning Funds From Elderly Patient

Delhi Driver Arrested For Siphoning Funds From Elderly Patient

Rediff.com11 May 2026

A 39-year-old driver in Delhi, employed by a family for 15 years, has been arrested for allegedly exploiting an elderly Alzheimer's patient and siphoning off Rs 2.57 lakh through unauthorised UPI transactions.

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Abhishek Banerjee Alleges Centre Starving West Bengal by Blocking Funds

Abhishek Banerjee Alleges Centre Starving West Bengal by Blocking Funds

Rediff.com5 Apr 2026

Trinamool Congress leader Abhishek Banerjee accuses the central government of withholding funds from West Bengal to punish voters for supporting the TMC, while highlighting state-led initiatives to support the population.

Seven Face Charges in Kashmir Over Sarva Siksha Abhiyan Funds Misuse

Seven Face Charges in Kashmir Over Sarva Siksha Abhiyan Funds Misuse

Rediff.com8 Mar 2026

The Economic Offences Wing of the Crime Branch Kashmir has filed a chargesheet against seven individuals accused of misappropriating funds from the Sarva Siksha Abhiyan scheme, intended for school construction in the Kupwara district.

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Rediff.com18 Mar 2026

A government employee in Madhya Pradesh's Barwani district was arrested for allegedly accepting a bribe to release funds for the repair of a girls' toilet at a school.

Budget 2026: What Mutual Fund Industry Wants...

Budget 2026: What Mutual Fund Industry Wants...

Rediff.com28 Jan 2026

Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com12 Mar 2026

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

Why Supreme Court granted bail to Shabir Shah in terror funding case

Why Supreme Court granted bail to Shabir Shah in terror funding case

Rediff.com17 Mar 2026

The Supreme Court of India has granted bail to Kashmiri separatist leader Shabir Ahmed Shah, who has been in jail for over eight years in a terror funding case, citing the unlikelihood of a timely trial conclusion and the curtailment of personal liberty.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

Ex-Kotak Mahindra Executive Arrested In Rs 145 Cr Panchkula Fraud

Ex-Kotak Mahindra Executive Arrested In Rs 145 Cr Panchkula Fraud

Rediff.com3 days ago

The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Rediff.com25 Mar 2026

Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.

Shirtless protest at AI Summit: Two more arrested, funds under lens

Shirtless protest at AI Summit: Two more arrested, funds under lens

Rediff.com27 Feb 2026

Delhi Police have arrested two more Indian Youth Congress workers in connection with a 'shirtless' protest at the AI Summit, bringing the total arrests to 14. Authorities are investigating the financial trail behind the protest, suspecting funds meant for Bihar Assembly elections may have been diverted.

India's Top 20 Startups Corner 2025 Funding

India's Top 20 Startups Corner 2025 Funding

Rediff.com29 Jan 2026

The average fundraise for the top 20 startups stood at $195 million in CY25.

Multi-Asset Funds Fastest Growing MF Category

Multi-Asset Funds Fastest Growing MF Category

Rediff.com19 Jan 2026

'Multi-asset funds have cornered 30 per cent of hybrid fund inflows in 2025, reflecting a growing preference for diversified portfolios that combine equity, debt and commodities.'

SIF Accounts Cross 50,000 Milestone

SIF Accounts Cross 50,000 Milestone

Rediff.com1 days ago

The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.

Cooperative Official Arrested In Odisha For Embezzlement

Cooperative Official Arrested In Odisha For Embezzlement

Rediff.com5 days ago

Odisha Vigilance arrested a cooperative official, Patitapaban Majhi, for allegedly misappropriating over Rs 33 lakh in government funds during his tenure at the Garhsantri Service Co-operative Society.

Another Arrest Made In Haryana Government Embezzlement Case

Another Arrest Made In Haryana Government Embezzlement Case

Rediff.com3 days ago

The Enforcement Directorate (ED) has arrested a real estate businessman in connection with the alleged embezzlement of Rs 645 crore from bank accounts linked to the Haryana government, Chandigarh administration, and private schools.

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Rediff.com14 Mar 2026

Kochi city cyber police have recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The incident occurred in November when the man was defrauded of around 1.30 crore. Police intervention led to the recovery of 1.06 crore from a bank in Jammu and Kashmir.

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Rediff.com25 Mar 2026

An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rediff.com1 days ago

Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.