News for 'Kaustubh Belapurkar'

Business

Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024

After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth,...

Sustainable funds see Rs 315 cr outflow in 2021-22

Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG (environmental, social, and governance) funds in India witnessing outflows of Rs 315 crore in 2021-22....

FPIs pull out Rs 4,375 crore in May so far

However, it is noteworthy that foreign investors pumped in money on the day of election results as the mandate became clear Illustration: Uttam Ghosh/Rediff.com Foreign investors have pulled out a...

Equity MFs Mop Up Rs 46,700 Crore

New fund offers collection in the current calendar year was the highest in a decade, with 13 of the 70 equity schemes cornering 75 per cent of the amount raised. Illustration: Dominic...

Tax relief on merger of MF schemes to benefit investors

With the Union Budget 2016-17 extending capital gains tax exemptions to merger of different plans within a mutual fund scheme, sector officials say it will benefit the investors as they will not be...