Page 4 - Funds

Enter debt-oriented hybrid funds with a minimum horizon of three years

Invest via the SIP route to benefit from the volatility expected in the near term

Fund managers advise flexi-cap and large-cap schemes for now

According to fund managers, flexi-cap and large-cap schemes may weather the current storm better

Long-only alternative investment funds beat Nifty in 2021, shows data

It was a different story for long-short funds with only two out of the 11 strategies outperforming the benchmark

Satin Creditcare raises Rs 225 crore via preferential allotment of shares

Microfinance institution Satin Creditcare Network Ltd (SCNL) on Friday said it has raised Rs 225 crore through preferential allotment of shares. The micro lender has allotted a total of 30,76,916 shares (i.e. 7,69,229 shares each) to a group of investors namely Aarti Agrifeeds LLP, Adesh Agricare LLP, Adesh Agrifarm LLP and Trimudra Trade & Holdings Private Ltd, a release said. It has also allotted a total of 2,46,15,384 warrants (i.e. 1,23,07,692 warrants each) to Trishashna Holdings & Investments Pvt Ltd (promoter & promoter group) and Florintree Ventures LLP (non-promoter). The warrants have a convertible option in one or more tranches, within 18 months from the date of allotment into equivalent number of fully paid-up equity shares, the release said. The funds will be used as growth capital to boost the company's position in the lending ecosystem and to accelerate its strategic priorities. SCNL's Chairman and Managing Director H P Singh said the investment will not ...

Venture Catalyst launches Beams Fintech Fund with $100 mn target size

Founding team is already in advanced stages of its first close and is even making a few investments

Tech & small-cap funds stragglers in past week amid market sell-off

Investors should stick to flexi-cap, balanced advantage funds instead

Aavishkaar Capital, KfW launch $250 million ESG First Fund

The fund will focus on strengthening the Environmental, Social and Governance (ESG) practices of mid-cap businesses

Sovereign wealth funds turned a corner in sustainable finance in 2021

SWFs' investments in the ESG space globally surged 215.3 per cent in 2021 to $22.7 billion, from $7.2 billion the previous year

RBL Bank to seek PE funding amid concerns over financial health: Report

The bank is looking to raise as much as Rs 1,500 crore in 'confidence capital', say sources

DSP Mutual Fund launches global NFO: Check details here

The key investment theme would be identifying companies that have innovative thinking

VC investments jump 4 times to hit record $28.8 billion in 2021

In comparison, VC and start-up investments were hit hard in 2020, declining 38 per cent YoY

Floater funds see outflows as liquidity turns tight, shows data

In the past year, floater funds have on average given returns of 3.79 per cent, lower than other categories like low duration funds, short duration funds, and medium duration funds

MFs pump in Rs 3,400 crore in fresh issuances in December, shows data

Among existing holdings, major additions were seen in ICICI Bank, Wipro, Infosys, and HDFC Bank.

Fund houses bet on domestic manufacturing sector: Market experts

Market players say the theme allows investors the opportunity to participate in potential emerging segments like electric vehicles, electronics, battery tech, defence among others

Assets of passive funds surge 60% to Rs 4.7 trillion in 2021, shows data

The passive schemes include index funds, exchange-traded funds (ETFs), and fund of funds (FoFs) investing overseas

ICICI Pru Corp Bond Fund: Conservative approach, consistent performance

The investment objective of the scheme is to generate income through investing predominantly in AA+ and above rated corporate bonds

Avoid longer-duration funds as interest rates may harden: Analysts

Shorter-duration ones will see lower mark-to-market impact

Fund houses line up several passive offerings, shows Amfi data

Market participants say that passive investing will grow even in the current calendar year

Street signs: Nifty may consolidate, air cooler makers may see gains & more

The Nifty50 ended the December expiry series with losses of 1.9 per cent

Venus Pipes & Tubes files draft papers to garner funds through IPO

Venus Pipes & Tubes has filed draft papers with markets regulator Sebi to raise funds through an initial share sale. Through the Initial Public Offering (IPO), 50.74 lakh equity shares of the company will be sold, according to the Draft Red Herring Prospectus (DRHP). Proceeds from the public issue will be used for financing the project cost towards capacity expansion and backward integration for manufacturing of hollow pipes, to meet working capital requirements and for general corporate purposes. Venus Pipes & Tubes is one of the growing stainless steel pipes and tubes manufacturer and exporter in the country. The company under the brand name 'Venus' supplies its products for applications in diverse sectors, including chemicals, engineering, fertilisers, pharmaceuticals, power, food processing, paper, and oil & gas. SMC Capitals is the sole book running lead managers to the issue. The equity shares of the company are proposed to be listed on BSE and NSE.