'It was disappointing on two counts. One is on the leadership issue and second is how the Congress must win elections.'
Sebi on Friday imposed a penalty of Rs 50 lakh on Kotak Mahindra Asset Management Company (AMC) and barred the fund house from launching new fixed maturity plan (FMP) scheme for six months for violating regulatory norms. The markets regulator has directed the fund house to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes along with a simple interest at the rate of 15 per cent per annum. The case relates to the fund house's investment in certain FMPs. These FMPs of Kotak AMC had invested in Zero Coupon Non-Convertible Debentures (ZCNCDs) issued by Essel Group entities.
Though both equity fund and stocks extend market-related returns, there are some key differences between the two. If you have similar misconceptions about equity funds and stocks, this article will demystify those misconceptions.
Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
Systematic withdrawal plans in equity funds can spell trouble in a falling market, points out Deepesh Raghaw.
Here's how to make a wise choice between dividend and growth mutual fund depending on what kind of investor you are.
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
'Rahul Gandhi wants a group under the name 'new generation'. But look at the people who surround him.'
Don't buy mutual funds for these wrong reasons. Here's what you should be aware of while investing in mutual funds.
The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 - 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
The guidelines for Real Estate Mutual Funds, which are being worked out by a panel appointed by the Securities and Exchange Board of India, are likely to contain suggestions for quarterly disclosure of net asset value.
The late legend would have turned 90 today.
Suresh Prabhu is trapped in the 'rhetoric of his own government'.
Heed your liquidity needs before investing in an FMP.
One fear among regulators is that allowing side pocketing could lead to fund managers taking higher risks. Even in the US, side pocketing is not allowed in mutual funds, only in hedge funds
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.
Take this quiz and test your financial quotient.
Why did ISRO's workhorse Polar Satellite Launch Vehicle rocket fail during its 41st flight?
Readers sent us pictures of their kids on their first day to school.
While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.
Investors should look at actively managed funds, says Devangshu Datta.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
Shravin Mittal's venture capital firm, Unbound Advisors, has made investments worth over $500 million so far
Multi-cap funds are best suited to exploit the present market scenario as they are free to invest across all market capitalisations and sectors, says Naveen Kukreja, CEO and co-founder, Paisabazaar.com.
In its first decision, the Cabinet Committee on Investment (CCI) on Wednesday cleared Reliance Industries' producing KG-D6 block and gas discovery area NEC-25 along with 3 other areas where the Defence Ministry had either barred oil and gas activity or put stringent conditions on that.
These delicious food pix will make you rethink your New Year resolution!
The product will enalble Japanese companies to jumpstart their business operations in India in a short time.
A case was filed on Friday against Bihar's Animal Husbandry Minister Giriraj Singh for calling slain Ranvir Sena chief Brahmeshwar Singh alias Mukhiya a Gandhian.
Oil Ministry officials insisted that Defence Ministry cannot withdraw the clearance after 12 years of exploration.
The car, which has navigation tools, night vision systems and intelligent speed adaptations, can also monitor stress levels, concentration and driving habits of the drivers by tracking their eye movements.
The statue of former Uttar Pradesh chief minister and Bahujan Samajwadi Parrty supremo Mayawati was vandalised by alleged Nav Nirman Sena activists in Gomti Nagar area in Lucknow. They also distributed visuals of the statue being broken.
Regarding the applicability of stamp duty on redemption of mutual fund (MF) units, Sebi said, "Redemption is not liable to duty as it is neither a transfer nor an issue nor a sale." However, switching in mutual fund would attract stamp duty. "The issue of fresh units in the switched scheme would attract stamp duty even though there is no physical consideration paid or transfer of ownership," Sebi said.
SatMarketing has the ability to geo-code addresses, identify target customers and analyse existing ones.
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