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A paperless KYC process can be done here using Aadhaar based e-authentication of the life proposed

Demand spurred by healthy returns and a chance to play in stocks such as Alphabet Inc, Microsoft and Facebook

Edelweiss, Mirae, Motilal gain impressive share

Conservative debt mutual fund investors are in love with shorter-duration debt funds. Mutual fund distributors say there is growing interest in categories like liquid funds, overnight funds, floater funds and ultra- and short duration funds.

Global stocks have recovered by more than 90% from the troughs hit during the first wave of the COVID-19 pandemic, according to the MSCI world equity index that tracks shares in 50 countries.

India, the world's 6th largest economy, has 23 ESG funds compared to the United States and Britain with more than 500 each, while Japan has 182 and China has 119

Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals

The insurance regulator had proposed a hike in third-party premium for FY21 but it was put on hold to provide relief to policyholders during the pandemic

“Given the significant rally across sectors and broader markets, it is better to adopt a buy-on-dips allocation strategy,” said Sachin Jain, a research analyst at ICICI Securities. “Such a strategy warrants additional investment at every small correction of 200-400 points on the headline Nifty 50 index apart from regular SIP.”

Nifty has gained 17% YTD in dollar terms, best among headline EM indices

“Next year, we will probably see a bigger opportunity coming in fixed income space. In our balanced advantage fund, only 40% is in equities now.”

Data collated by Prime Database and ETMarkets.com for the seven-month period ended July threw up some fascinating insights on what has been shaping up the mutual fund space in the country.