The top 10 fund houses are slowly losing ground to their smaller peers, even as they continue to hold the lion's share in the total assets under management (AUM) of the mutual fund (MF) industry, according to an analysis of the quarterly AUM for the past six years. These fund houses had an average AUM of Rs 38.8 trillion in the third quarter (Q3) of 2023-24, which is 79 per cent of the total industry AUM of Rs 49.2 trillion. The share has come down steadily since Q3 of 2019-2020, when the share stood at 84 per cent.
'The chances of The Shameless passing through the censorship board in India are slim to none.'
Professors Padma Desai and Jagdish Bhagwati were conferred the Lifetime Achievement Award. Dr Renu Khator, President and Chancellor of the University of Houston, was given the Publisher's Special Award for Excellence. The Youth Achiever 2007 Award was given to 24-year-old Somdev Dev Burman, the first Indian to win the US collegiate tennis title. The Community Service Award went to Dr Navin Shah, while Dr Joy Cherian received the Lifetime Award for Service to the Community
Mohanlal-Karan meet mid-air... Sandeepa is a walking marshmallow... Jacqueline is in throwback mode...
A screening of Sharmila Tagore-Manoj Bajpayee's film Gulmohar saw quite a few special guests.
The Congress on Tuesday announced its second list of 43 candidates for the Lok Sabha polls, fielding Kamal Nath's son Nakul Nath once again from Madhya Pradesh's Chhindwara and Ashok Gehlot's son Vaibhav Gehlot from Rajasthan's Jalore.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
Date, a 1990 Indian Police Service officer of the Maharashtra cadre who once sold newspapers in Pune to financially support his family, was honoured with the President's Police medal for gallantry for his role in what has come to be known as the 26/11 attack.
Investors should use a mix of active and passive funds.
David Beckham got a taste of a Bollywood bash when Sonam Kapoor Ahuja invited him for a house party.
Speaking about the incident, Jain said only a portion of the house razed by junior civic engineers was illegal and its occupants had promised to remove the illegal part.
'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.'
'There's this one scene in Gulmohar that belongs to Manojji and everyone was excited for him.' 'The evening before we were to shoot it, everyone, from Sharmilaji to the junior most actor, wished him luck.'
'He was suddenly nervous.'
'The next day, 14 actors, from Sharmilaji and Amol Palekar to Suraj Sharma, all watched him perform.' 'It was like being back in film school.'
'You've to wait for the correct project and the right character.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
The stars love to regale their social media followers with fabulous pictures of their travels!
Take some styling tips from the mommies-to-be...
Chaudhary not only killed his senior but also three others of a 'particular community' by making them specific targets, the court said.
''I don't revisit any of my work once it's complete because I'm very self-critical.' 'I will probably exclaim, "Oh God, such bad acting!"'
Readers give us a dekko of what their mothers mean to them.
Rediff.com's Hitesh Harisinghani clicks the couples at the Nita Mukesh Ambani Cultural Centre.
They were motivating impressionable Muslim youths to relocate from their place of residence for strengthening the Padgha base, the spokesperson said.
Mutual funds (MFs) are seeing higher growth in new systematic investment plan (SIP) accounts in rural areas (beyond 30 or B30 centres) compared to the top 30 (T30) cities. However, the average inflows from these areas remain significantly lower than those from the larger centres. Data from the Association of Mutual Funds in India reveals that investors from B30 contributed Rs 1,725 on average to MFs through SIPs, which is 70 per cent lower than the average ticket size of T30 investors at Rs 2,940.
Just last week, Altman presented OpenAI's new roadmap to enthusiastic developers at the company's inaugural conference.
The last rites of actor Tunisha Sharma were held on Tuesday in Mumbai in the presence of her family members and industry colleagues.
Tabu-Ajay promote Drishyam 2... Alaya goes to the Marrakech Film Festival... Dia cuddles a hippo...
"There is very less time between the Asian Games and the World Championships. Since there is compulsory participation at the World Championships, we have decided that Mirabai only travel to Riyadh and give the body weight.
Dismissed RPF constable Chetansinh Chaudhary, accused of killing his senior colleague and three passengers on a moving train, appears to have harboured "anger and grudge" towards a particular community and showed no remorse for the crime committed, the police said in its response to his bail.
Mirabai Chanu is an inspiration to many athletes but to Gyaneshwari Yadav she is also a competitor and the promising weightlifter dreams of not just scaling great heights like the Tokyo Olympic medallist but leaving her behind.
Ileana's thrilled... Huma's perfect picture... Mira has a question...
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Pranitha takes in Dubai... Dia tries photography... Mira wishes Sasha...
Mira chills with Ishaan... Soha beats the heat... Sunny shows off her colours...
New Year's Eve is over and we are firmly in 2023 but the stars are in no hurry to rush home! We catch up with their travel diaries.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
The stars Rediff.com Contributing Photographer Pradeep Bandekar sighted on Tuesday.
Aseem Chhabra presents his list of 100 best (and must watch) films -- many classics, some relatively new and several personal favourites.
Pradeep Bandekar encountered Jeh and Bebo, Mira Kapoor, Shehnaaz Gill on Thursday.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
A 56-year-old man was arrested after the chopped body parts of his live-in partner were recovered from a flat in Maharashtra's Thane district, an official said on Thursday. A court has remanded the man, identified as Manoj Sane, in police custody till June 16, he said.
