One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.
Stay orders keep law out of citizen access even years after CIC rulings on opening market institutions to scrutiny
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.
Operational income not covering even their interest expenses, finds study; analysts say if economy turns around, new equity issuances an option
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
HDFC MF witnessed 17% rise in investment in its schemes to Rs 6,462 crore by group companies during May.
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
The growth premium India enjoyed has largely been lost.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Just because you don't see them does not mean they don't exist.' 'The greatest risk is overconfidence.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
Close to a million small shareholders have stake in nine NCLT-bound companies
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? 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.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
The majority have stayed away from getting into cash handling.
To be fair, one year is too short a period to judge the schemes' performance.
Mid- and small-cap funds dominate the list, opening up opportunity for investors to make contra bets in large-cap funds
Swati Kulkarni, executive vice-president and fund manager - equities at UTI Mutual Fund tells Puneet Wadhwa that though mid-and small-cap companies are trading at a higher valuation as compared to large-cap peers, one can still find value in select pockets.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
While stocks are at cheap valuations, the volatility can be unnerving.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The meeting will be attended by all heads and EDs of public sector banks