Page 4 - Abhishek Kumar

Budget 2023: Here is what FM Sitharaman said about Digital India campaign

One of the main priorities of the government is building a Digital India during the Amrit Kaal

Nippon India AMC reports 18% YoY profit growth in Q3 to Rs 205 cr

Total income rises 5% to Rs 416 crore

Two new initiatives by Amfi ignite greater interest in MF distribution

24,000 new MF distributors join industry in 2022--that's 42% higher than 2021

Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra

"Credit funds have performed quite well in 2022, on the back of an improving economic cycle, low-interest rates, and easing liquidity as domestic and global economies opened up"

More glitter: Multi-asset allocation funds burnish gold's safe-haven appeal

Worth its weight in Gold: Saw portfolio increase of 1-6 percentage points in November-December 2022

Mutual funds adopt T+2 settlement cycle for redemption payouts

Move comes two months after Sebi mandated MFs to pay investors within three days of redemption

Distributors gain as direct mutual fund investment platforms lose steam

Just 4% growth in registration of direct plan SIPs last year after 115% growth in 2021

Hunting for value in growth-oriented businesses: Mirae's Neelesh Surana

Neelesh Surana, chief investment officer, Mirae Asset Investment Managers. Surana talks about opportunities that have emerged in growth-oriented business post the time and price correction last year

Manish Gunwani to replace Anoop Bhaskar as CIO-Equities at IDFC MF

Gunwani, who left Nippon India MF in November last year, will replace Anoop Bhaskar, who is moving out of IDFC MF

Mutual fund's SIP investors redeemed over Rs 40K crore in H2CY22

SIP account redemptions were 36% higher than H1: Amfi

Clients went overboard on equities in last two years, says Ashish Shanker

Don't get carried away by near-term point-to-point returns as it will often lead to losses, says the Motilal Oswal Private Wealth MD & CEO

Yield-to-maturity of debt funds now similar across durations, shows data

Mismatch in YTM growth because shorter-end of yield curve more responsive to rate changes, say experts

Kenneth Andrade's PMS gets in-principle approval for mutual fund foray

Alternative asset management platform Alpha Alternatives latest to apply for MF licence

India's premium valuations remain a challenge: Invesco MF's Taher Badshah

Equity valuations are unlikely to expand further unless there are surprises on the earnings front or developed economies do much better than expected, says Taher Badshah of Invesco MF

IT may turn the corner, banks' outperformance to continue: ABSL AMC CEO

India is likely to see broader economic growth going forward, equity should be the preferred asset class, the Aditya Birla Sun Life Asset Management Company CEO says

Markets hit by deeper corrections may outperform India: Morningstar CEO

Indian investors doing right by holding on during corrections, says Kunal Kapoor

A middling first year for silver ETFs; AUM at around Rs 1,500 cr by Nov end

Brokerages have an upside bias for silver in 2023 as they see strong demand for the metal amid the global green energy push and rising industrial demand

Sebi allows active to passive ELSS switch for asset management companies

But regulator says AMCs must shut existing active scheme before offering a passive one