The Securities and Exchange Board of India (Sebi) will let Category-I and-II alternative investment funds (AIFs) run a dedicated "co-investment" (CIV) scheme for accredited investors, doing away with an earlier requirement of a separate portfolio-manager licence. The rules notified on Monday are aimed at reducing compliance burden for the AIF managers.
Co-investment under the portfolio management services (PMS) route accounted for less than 50 crore in assets and involved fewer than a dozen clients for much of 2022. Since then, assets under management have risen to 3,812 crore across 535 clients as of April 2025, according to the latest regulatory data. The recent changes may open the door to greater investment from sovereign wealth and pension funds, experts say.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
Don't forget to ask for quarterly audited statement of transactions in your account. This will make it easier for you to calculate your tax liability and pay it on time.
'...spent 1/10th of his time at 24, Akbar Road...' 'He would have met thousands of party workers and ordinary Congress supporters who have love for the party.' 'Left of Centre intellectuals have shaped Rahul's values, but he lacks earthiness.'
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the piossibility of a trend reversal.
After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth, and increasing investor participation. Experts are predicting the positive trend will extend into 2025.
Prime Minister Manmohan Singh and his Pakistani counterpart Yousuf Raza Gilani held 'very good talks' in a 'free and frank' manner, Foreign Secretary Nirupama Rao told reporters, after the two leaders met on the sidelines of the South Asian Association for Regional Cooperation summit, for 50 minutes on Thursday.Dr Singh told Gilani that cooperation between the two nations was vital for the progress of SAARC's goals and peace in south Asia.
Then prime minister Manmohan Singh's brief to his new information and broadcasting minister Manish Tewari on what should be the government's approach to the media was simple -- it should be an essay in persuasion, not coercion.
The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into cost structures. "One working group has been set up which is going to review... One of the suggestions is that if any scheme or fund is performing well above the benchmark, it (fee) can be linked to its performance.
The BJP on Thursday alleged that the opposition parties have decided to boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi just because it has been built at his initiative.
20 years ago this day, May 11, 1998, India conducted its second nuclear test at Pokharan in Rajasthan. In a fascinating interview on Rediff.com, K Subrahmanyam revealed how Indian PMs reacted to nuclear ambitions.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
Retail inflation fell to a 15-month low of 5.66 per cent in March, mainly due to a decline in food prices, government data showed on Wednesday. The inflation figure in March is within the RBI's comfort zone as it is below 6 per cent. The retail inflation based on Consumer Price Index (CPI) was 6.44 per cent in February 2023 and 6.95 per cent in the year-ago period.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
'Several leaders leaving the party in quick succession tell us that something is very wrong with the oldest party'
Menstrual cramps? Go ahead and eat dark chocolate, says Dr Snehal Adsule.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
As far as Hindus are concerned, the eclipse of Wokeism cannot come any sooner, says Rajeev Srinivasan.
The higher chance of depression in women is additionally related to changes in hormone levels that occur throughout a woman's life.
To truly love your woman, you must know how her body functions.
Contending that terrorism should not be associated with any particular religion, Home Minister Rajnath Singh on Sunday said that Muslims in India are nationalists who have always opposed terrorist elements.
'When you look at the border -- from Ladakh to Arunachal -- which is called the Sino-Indian border, but in effect it is actually the Indo-Tibet border.' 'Since the borders are still not secure, it has resulted in transgressions in Galwan, Dokalam etc.'
Single political leaders, Narendra Modi boasted recently at an election rally, can end corruption. He claimed that only those free of filial ties could end decades of corrupt rule, says Rahul Bedi.
For a PM who hasn't completed even one term yet, the ability to spark a publishing trend single-handed is a remarkable achievement, writes Kanika Datta.
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
Prime Minister Narendra Modi said he looks forward to useful conversations with his fellow leaders from China, South Africa, Brazil and Russia on addressing pressing international and regional challenges that stand in the way of their goals.
With an unexpected new turn in Kashmir, an ominous Afghanistan, a reliably unpredictable Trump, and an unfathomable reversal with RCEP, Modi may have to reinvent his character, suggests Ambassador B S Prakash.
About 55 per cent of the public offers that hit the market since 2008 are still trading below their issue price.
'He will be constrained if and when he tries to set the foreign policy agenda that is not to the liking of the army.'
'Pakistan's military leaders have to accept that the policy of proxy wars has damaged Pakistan more than it has damaged the enemy,' says former R&AW chief Vikram Sood.
Sushma Swaraj's suave moves helped Narendra Modi pull off a diplomatic coup, helping regain her standing.
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
'The public has unfair expectations from Mrs Swaraj who is in Islamabad primarily for the Heart of Asia Conference. To restore India's position among stakeholders on Afghanistan is a fair one but to expect her to do more on the Indo-Pak front without requisite preparatory work is unrealistic.'