Investors open wallets for equity MFs in choppy mkts

Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.......

Distributors flock to MFs as returns, flows improve

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. Illustration: Dominic Xavier/Rediff.com The industry has onboarded a net of 11,600......

LIC lists at over 8% discount on the bourses

The country's largest insurer LIC on Tuesday made a lacklustre debut on stock exchanges on Tuesday, listing at over 8 per cent discount after a successful initial public offering (IPO) which......

Share of retail investors in NSE companies at record high

Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of......