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Mutual funds knock RBI door for hike in foreign investment limits

Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. Illustration: Dominic Xavier/ In......

AMCs' contribution to backstop fund for debt MFs tops target

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). Illustration:......

MFs hungry for bigger slice of banking pie amid growing investor inflows

Amidst growing investor inflows, mutual funds (MFs) are eyeing a larger slice of the banking sector. Photograph: Anindito Mukherjee/Reuters In the past few years, few of the major fund houses have......

Rs 6,100 crore in 3 months: Riding the wave of floating-rate mutual funds

Floating-rate mutual funds are back in demand after a year-long period of consistent outflows. Illustration: Uttam Ghosh/ In the past three months, investors have poured over Rs 6,100......

'India is a equity market to invest in'

'India is an equity market with a breadth and depth of companies to invest in.' Illustration: Dominic Xavier/ With the Indian equity markets trading at record highs, Sukumar Rajah,......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.


The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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