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Budget 2022: Insurers want investment limit of 80C hiked

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people......

Inflows into equity MFs decline by 40% in June

Inflows into equity mutual funds dropped sharply by 40 per cent to Rs 5,988 crore in June on profit booking by investors as stock markets witnessed sharp rallies in recent times. Illustration:......

Large-cap equity schemes lagged benchmark returns

Asset-weighted returns of large cap funds lagged their benchmark by 273 basis points, ELSS funds by 318 bps and mid- and small-cap funds by 230 bps. Illustration: Dominic Xavier/Rediff.com Not a......

After 8 months, equity MFs see Rs 9,115 cr inflow in Mar

After eight months of consecutive outflows, equity mutual funds witnessed a net inflow of Rs 9,115 crore in March amid correction in the stock market. Illustration: Dominic Xavier/Rediff.com......

Equity MFs inflow hit 5-month low of Rs 5,256 cr in May

The assets under management of the 44-players mutual fund industry stood at Rs 24.55 lakh crore in May-end from Rs 23.93 lakh crore in April-end. Illustration: Dominic Xavier/Rediff.com Inflows......
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