The deal will make Bandhan Financial Holdings the latest banking group foray into the Rs 38-trillion domestic mutual fund (MF) industry
The tally was lower than Rs 25,706 cr garnered in December 2021, but is still a respectable number considering there were no large NFOs in January, unlike the previous month
On the private-sector side, capacity utilisation has risen across several industries
State-owned Punjab National Bank (PNB) on Friday said it is looking to further monetise its stake in UTI Mutual Fund as part of its non-core asset sale plan to shore up its capital base.
The top 250 stocks in the list becomes the large-cap universe for the domestic MF industry.
SBI cements pole spot, widens lead over HDFC MF; Among top 10, Axis MF has logged highest growth in average AUM at 42% to Rs 1.96 trillion
Frequent churn, timing the market eats into gains
The markets are undergoing a turbulent phase but metal companies seem in a bull market
PGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official has said.
HDFC Mutual Fund on Monday said its board of directors had approved the appointment of Navneet Munot as its next managing director and chief executive officer
During January-May 2020, mutual funds (MFs) made a net investment of more than Rs 40,000 crore in stock markets
Top-five fund houses account for over 61% of industry assets
In March, the ITI Long Short Equity Fund was down 0.48 per cent, as against Nifty's correction of 23.25 per cent
Experts say taking large cash calls can also put equity schemes at risk of underperformance, if markets bounce back instead of seeing further deep corrections
Lump sum investments are tactical infusions one can make at any point, based on his view. They differ from SIPs in which investments are made on a monthly basis
In the past three months, the Sensex is down 30 per cent, the BSE Midcap and BSE Smallcap have fallen 24 per cent apiece
Market participants said that some volatility has already been factored in the schemes
Nifty, Bank Nifty funds will have to sell stock after index exclusion
The survey noted that 64 per cent women are financially confident and take investment decisions on their own
Invest aggressively to deal with the challenges posed by a longer average life span and an often-curtailed work span