Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
The country's 44 fund houses together had an average AUM of Rs 9.85 lakh crore during April-June quarter of 2014-15, up from Rs 9.05 lakh crore (Rs 9.05 trillion) in the preceding three months, according to the latest data available with Association of Mutual Funds in India.
HDFC MF witnessed 17% rise in investment in its schemes to Rs 6,462 crore by group companies during May.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Mid- and small-cap funds dominate the list, opening up opportunity for investors to make contra bets in large-cap funds
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
To be fair, one year is too short a period to judge the schemes' performance.
Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank's CEO the following year in June.
The majority have stayed away from getting into cash handling.
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.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
'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.
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
PFRDA will invite bids to appoint pension fund managers.
The meeting will be attended by all heads and EDs of public sector banks
Between April 2 and July 8 this fiscal, the rupee has plummeted by 12.81 per cent, and hit all-time low of 61.21 per cent on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A customer wanting to buy a car would have to wait a long time for delivery.
Close to a million small shareholders have stake in nine NCLT-bound companies
During the dot-com bubble, it had touched a high of 1.9.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Parekh ensures that he never forgets the importance of correctness.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.