From a two- to three-year perspective, the market looks reasonably rewarding after the recent correction.
The past few months have seen several debt fund categories delivering subdued returns because of the spike in bond yields.
The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and closed it on April 12
The fund's month-end assets under management (AUM) increased to Rs 4,205 crore in February 2022 from Rs 3,255 crore in March 2019.
According to reports, Nippon India chief executive Sundeep Sikka's role is also being examined by Sebi
CLSA believes domestic AMCs will have huge growth potential, given the huge underpenetration of MFs in the country
With this, AMCs will be able to offer global funds, NRIs and others investing into India investment management and advisory services
Many companies have used the pandemic stimulus to clean up their balance sheets. "This is giving us the comfort to invest in quality non-AAA papers," said Amit Tripathi of Nippon India MF
Fed policy action will have a bearing on risk assets and global liquidity, says Amit Tripathi
The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021
Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals
Three debt schemes see rise in NAVs of 2-14%
About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution
Most focused funds have exposure of around 50-60% in large-cap stocks, with the remaining between mid- and small-cap stocks
On the domestic side, we have latent demand in many industries due to the slowdown of the last few years, multi-year low-interest rates, exports, and capital flow being assisted by the global macro sc
Currently, most funds in this category have a short track record
TOKYO (Reuters) - Japan's Nippon Telegraph and Telephone Corp (NTT) <9432.T> said it will spend 4.25 trillion yen ($40 billion) to take its wireless carrier business private, in a deal that opens the path to lower prices as the government calls for cuts.
Japanese companies Mitsui and Nippon Soda have acquired 56 per cent stake in agro-chemical firm Bharat Insecticides Ltd (BIL). As a result of this deal, BIL has become a group company of Mitsui & Co Ltd and Nippon Soda Co Ltd (Nisso), the Delhi-based company said on Wednesday, without disclosing the deal value. "Mitsui and Nisso have acquired 56 per cent stake in BIL through a special purpose company co-founded by Nisso and Mitsui. The BIL's promoters will continue to hold balance shares in BIL," the company said in a statement. The new relationship with Mitsui and Nisso will further strengthen BIL's ability to deliver innovative crop protection products and support sustainable growth of India's agriculture sector, it added. BIL's founder promoter Sat Narain Gupta said, "This is a momentous occasion for us. BIL was started 43 years back with just 2 products and since then, BIL has come a long way. We hope that being part of Mitsui group will take BIL to the next level." Other ...
The deal involves Wuthelam taking a majority stake by buying new shares in Nippon Paint
Among the listed players, HDFC AMC reported a 65% y-o-y jump in other income in the June quarter, at Rs 79 crore