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Sundaram MF Acquires Principal Mutual Fund
Jan 29, 2021Like
Sundaram MF has acquired Principal Mutual Fund, after the later decided to exit the asset management business in India as a part of the...
Retail MF Investors Continue Their Selling in Equity Funds
Jan 09, 2021Like
It was Christmas time, and Santa seemed rather generous this year — to stockholders. As foreign funds kept pouring into India, sending...
AMFI reclassification
Jan 06, 2021Like
AMFI’s latest reclassification, which MFs must follow for investments, features Adani Enterprises and 3 others in top m-cap clubOnce a...
Covid Hit About 3 Out of 4 Urban Indians Financially
Dec 10, 2020Like
Almost three-fourths of India’s urban population has been economically impacted by Covid-19 and about half are financially worse off than...
MFs can invest up to $600mn abroad
Nov 06, 2020Like
The Securities and Exchange Board of India has enhanced the overseas investment limits per fund house to $600 million from the existing...
Sensex back @ 40k
Oct 09, 2020Like
The sensex managed to nearly reach the same level seen in late February this year, just before the global pandemic started to impact Indian...
After 6 months, Sensex back at 39,000
Aug 27, 2020Like
Boosted by strong buying in auto, banking & financial services and IT stocks, the sensex closed above the 39k mark after exactly six...
Nifty’s Rejig to Push Up its Valuation Further
Aug 25, 2020Like
The record-high valuation of the Nifty will be pushed further up following the inclusion of Divi’s Laboratories and SBI Life Insurance in...
Passive Fund Inflows Treble in 2 Years
Jul 16, 2020Like
Passive funds are fast gaining popularity among institutional and high networth investors. Funds with no active role of a manager such as...
RBI’s 8th straight rate cut
May 23, 2020Like
The Reserve Bank in an unexpected move, slashed benchmark interest rates to their lowest levels since 2000 and extended the moratorium on...