SBI MF eases tactical investment into its cyclical funds, cuts exit load
SBI Mutual Fund has reduced the exit load period from 1 years to 30 days for them and the exit load percentage from 1% to 0.5%. The fund house also cut the exit load on SBI Nifty Next 50 Index Fund from 1% to 0.25% and reduced the exit load period from 1 year to 30 days
by Mint Jun 7, 2021
Franklin Templeton investors to get ₹3,205 cr in fourth tranche
With this, the total disbursement will reach ₹17,778 crore, amounting to 71 per cent of assets under management as on April 23, 2020
by Mint Jun 7, 2021
Debt scheme redemptions: SEBI to charge key officials of Franklin MF with fraud
They had cashed out of schemes based on ‘confidential, and non-public information’
by The Business Line Jun 7, 2021
RBI holds policy rates. Where should debt mutual fund investors invest?
The RBI monetary policy committee (MPC) has kept the policy rate unchanged at 4%. The MPC also decided to continue with an accommodative stance.
by The Economic Times Jun 5, 2021
Six shut debt MF schemes distributed Rs 14,572 cr till May: Franklin
Franklin Templeton Mutual Fund (MF) on Wednesday said its six shuttered debt schemes distributed ₹14,572 crore to investors till May-end. Further, cash to the tune of ₹2,642 crore was available for distribution as of May 31, Franklin Templeton MF said in a statement.
by The Economic Times Jun 5, 2021
There is need for a fiscal stimulus to take care of consumer sentiment: Nilesh Shah
There is a need for fiscal stimulus to take care of consumer sentiment, to take care of MSME enterprises and to take care of rural India if needed.
by The Economic Times Jun 5, 2021
Income tax: Cash deposit limit in mutual funds to avoid I-T notice
If an investor deposits cash to the tune of ₹10 lakh or above in mutual funds in a particular financial year, then income tax department may send notice to the investor, say experts
by Mint Jun 5, 2021
Bet on these 3 sectors as developed markets likely to show strong economic recovery in September quarter: Hemant Kanawala of Kotak Life
Financial savings is a structural theme and current crisis has made people aware about the benefits of life and health insurance. Hence investors can also look at insurance sector from medium term perspective.
by Moneycontrol Jun 4, 2021
'Markets will remain fearful; there is scope for correction'
Value investor Raamdeo Agrawal is bullish on private life insurance, banks, IT and pharma stocks.
by The Economic Times Jun 4, 2021
Schloss's investment wisdom in 16 points
Walter Schloss was a legendary value investor and disciple of Benjamin Graham. Here are 16 points through which he encapsulated his investment methodology
by Value Research Jun 4, 2021
Retail investors in India, South Korea join meme craze for AMC
The money-losing movie-theater chain is among the five most-traded U.S. stocks over the past week on both Vested Finance and Stockal, two India-focused platforms for retail investors to buy U.S. equities.
by The Economic Times Jun 4, 2021
After months of stocking up, local mutual funds go easy on equities in May
The total institutional equity portfolio value was Rs 94.8 lakh crore. Of this, 47.8% was with foreign portfolio investors (FPIs).
by The Economic Times Jun 3, 2021
DAILY VOICE | Tejas Gutka of Tata MF shares 4 reason why he is constructive on Indian market
The ideal strategy always is to hold a diversified portfolio and focus on asset allocation rather than entry and exit. Timing, as enticing as it is, is an extremely challenging endeavour, says Tejas.
by Moneycontrol Jun 3, 2021
Don’t exit IT too soon! It’s a compounding story for 5-7 years: Sandip Agarwal
“Among largecaps HCL, Infy, TCS are great names while in midcaps, MindTree, LTI, Coforge are great.”
by The Economic Times Jun 3, 2021
Second wave of Covid-19: Rising death claims keep insurers on tenterhooks
Most life insurance companies have set aside provisions for such claims, over and above what they had set aside during the first wave.
by Business Standard Jun 3, 2021
