Majority of equity schemes pare cash positions even as markets soar
According to experts, schemes that were sitting on a lot of cash deployed it after the market crash in March and April
by BS Jan 27, 2021
ETF investors from US bet big on India
According to ETF Database, there are 12 India-focused ETFs listed in the US with an AUM of $7.26 billion as of 26 January
by Mint Jan 27, 2021
Income tax impact of switching in mutual funds explained in 5 points
The mutual fund industry has sought uniformity in the tax treatment for switch transaction in respect ULIPs and mutual fund products
by Mint Jan 27, 2021
Franklin e-vote: Scrutiniser’s report raises more doubts on the process
Law firm J Sagar says it can’t vouch for the accuracy of information, data
by Business Line Jan 27, 2021
FPIs net investors at Rs 18,456 crore in January so far
According to depositories data, overseas investors pumped in Rs 24,469 crore into equities but pulled out Rs 6,013 crore from the bonds market between January 1-22.
by FE Jan 25, 2021
Stock market may witness profit booking after 50K peak; all eyes on Budget
The Budget is likely to have a major impact on the market, depending on whether it is positive or negative from the market perspective. If the Budget is growth-oriented, reformist and investor-friendly, the market will respond positively.
by ET Jan 25, 2021
New auto insurance scheme lets you pay premiums only when you drive. Know more
Unlike traditional auto insurance policy, the policyholders will be able to customise their premiums
by Mint Jan 25, 2021
Investors pick holes in Franklin voting process, move Apex Court
Multiple votes cast from IP address of KFin Tech, the voting platform provider: Report
by Business Line Jan 25, 2021
Mutual Funds add 72L folios in 2020, experts say there's still immense potential
As per Amfi data, folios with 45 fund houses rose to 9.43 crore at the end of Dec 2020 from 8.71 crore at the end of Dec 2019. The equity-linked saving schemes rose by 27 lakh to 6.52 crore, while debt-oriented scheme folios count rose by 15.84 lakh in 2020.
by Mint Jan 25, 2021
Irdai seeks insurers’ views on coverage of vaccine cost
According to the executive, who confirmed receiving Irdai’s communication in the first week of January, the move may lead to abuse and misuse of insurance policies, besides putting a heavy monetary burden on insurance companies
by Mint Jan 23, 2021
Kotak AMC files for new multicap fund
In September, Sebi had surprised the mutual fund industry by coming out with a new circular on multicap funds, specifying that such schemes must invest 25% of their assets in large, mid- and small-cap companies, respectively
by Mint Jan 23, 2021
Quantum Advisors announces Piyush Thakkar as CEO and Arvind Chari as CIO
Piyush Thakkar was serving as COO of Quantum Advisors
by Mint Jan 23, 2021
Midcap going to be the most exciting space: Sundaram AMC’s Sunil Subramaniam
He believes that India is delicious poised supported by low-interest rates and low inflation.
by ET Jan 23, 2021
Investors trading in ETFs double in 2020, average daily turnover up 15%
Fund houses launched 14 ETFs and 5 index funds garnering assets in excess of Rs 11,600 crore last year.
by BS Jan 23, 2021
Social media is the biggest risk for mutual funds, says Nimesh Shah
Platforms such as Twitter have become a favoured ground for investors to look for stock tips, news, and views on a particular stock or mutual funds given the convenience that they lend to users.
by ET Jan 22, 2021
