The bank has already received the approval of the equity shareholders, which includes public shareholders, to the proposed merger scheme
Investment advisors recommend the SIP route for investment in volatile asset classes to maximise the benefit of rupee cost averaging
Debt schemes account for 2% of the net inflows, passive schemes 8%
Shareholders of RIL will receive one equity share of JFS of face value Rs 10 for one fully paid-up equity share of Rs 10 held in RIL.
Mop-up Rs 2,867 cr in CY22, as against Rs 25,335 cr in same period last yr
Large-cap companies are known to weather the market storm better, while smaller stocks tend to fall more during volatile market conditions
Targets repaying remaining debt in eight years; Rs 1,200 crore opened on Tuesday
The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August
As inflationary pressures unbind, corporate earnings growth will draw level, says Vinit Sambre, head-equities, DSP Investment Managers
The net inflows in July were lower compared to the net inflow of Rs 15,495 crore seen in June, Rs 18,529 crore seen in May and Rs 15,890 crore in April, according to data released by Amfi on Monday
Individual fund houses are sitting on more cash than others. There were at least five fund houses that held more than 5% cash as of May-end
An analysis by Edelweiss Alternative Research shows fund managers invested large sums in blue-chip stocks, such as Reliance Industries, Infosys, ICICI Bank, and SBI Cards, in April
Equity schemes now invest in 842 listed companies
The benchmark indices gained 0.3 per cent in October, while the smallcap indices ended a per cent lower
Equity funds collectively held Rs 2,879 cr worth of IRCTC shares at the end of September
HDFC Life and Reliance Industries (RIL) also featured in the most-sold list
The fund house has launched four equity funds the past few months to plug gaps in its product basket; it had launched only five actively-managed equity schemes between 2001 and 2020
ICICI Securities, Axis, Kotak among top 5 managers of equity issuances
38% of MF distributors say their clients have hiked exposure to equity funds since last March, 16% said their clients have become risk averse, 46% say no change
Investors take money off the table as markets hit new record highs