BUSINESS
Alternative investment industry seeks to woo global investors
Apart from listed equities, industry players are of the opinion that global investors can look at instruments such as private equity, private debt, structured products, credit funds, infrastructure funds and commercial and residential real estate
BUSINESS
SEBI plans to give more teeth to mutual fund trustees, making them more accountable
SEBI’s overhaul of mutual fund trustees assumes significance because this is the first time it is attempting to reimagine the role of trustees since 1996, the year MF regulations were born.
BUSINESS
HDFC Mutual Fund launches MNC-themed fund. Should you invest?
Experts said seasoned investors with expert knowledge over exit and entry timing can look at investing in new fund offerings.
BUSINESS
How flexi cap became the largest category in equities in 2022
Assets under management in flexi cap equity category hit its peak with total assets amounting to Rs 2.46 trillion during the quarter ended December 2022.
BUSINESS
Edelweiss MF, Kotak MF put restrictions on international funds
While Kotak Mahindra MF has suspended lump sum investments and fresh as well existing SIPs in one of its overseas schemes, Edelweiss MF has stopped only lump sum investments in its seven schemes.
BUSINESS
India’s first-ever municipal bond issue for retail opens today; should you invest?
Indore Municipal Corporation’s municipal bond issue, which will remain open for subscription till February 14, is the country's first for retail investors
BUSINESS
Investors shrug off volatility, equity fund inflows surge 72% in January
Despite fears around a recession in the US, Indian markets continued to witness flows likely based on expectations around growth in the Indian markets.
BUSINESS
Muthoot Finance’s Rs 500-crore NCD issue opens; Should you invest?
Muthoot Finance’s NCD issue offers interest rates from 8.25 percent to 8.60 percent, over monthly and annual interest payment options. The firm gives gold loans as well as home and vehicle loans.
BUSINESS
Beware! Insurance agents pushing high-premium policies before March 31 to escape tax
Budget 2023 made insurance policies taxable at maturity if annual premiums exceed Rs 5 lakh. Since this will be effective April 1, some agents are hard-selling them.
BUSINESS
Budget 2023 deals a body blow to market-linked debentures
High net-worth individuals tend to pick MLDs, given the tax treatment they attract. Market-linked debentures are listed securities and at present are axed as long-term capital gain at a 10 percent rate without indexation
BUSINESS
Union Budget 2023: Conversion of physical gold to electronic gold receipt not to attract capital gains tax
Union Budget 2023: EGRs cater to all market participants as well as commercial participants along the value chain like importers, banks, refiners, bullion traders, jewellery manufacturers, and retailers
BUSINESS
Budget 2023: Tax exemption removed in insurance policies with premium over Rs 5 lakh
The proposal intends to limit income tax exemption from proceeds of insurance policies with very high value
BUSINESS
Edelweiss MF launches India’s first passive short-term index fund; Will it work?
Edelweiss Gilt Plus SDL Short Duration Index Fund will invest in a mix of government securities and state-development loans. In doing so, Edelweiss continues to expand its basket of passive debt funds to short-term categories too.
BUSINESS
40 percent rise in 3 months: Can China-focused funds sustain the rally?
Covid-zero policy and rising interest rates in the US led to a loss of appetite for Chinese stocks. But a recent reversal in its Covid policy and possibly peak infection rates have brought about rejuvenation in China.
BUSINESS
Equity mutual funds to adopt T+2 redemption payment cycle from Feb 1
The announcement has come on the heels of Indian equity markets moving to a T+1 settlement cycle for all stocks.
BUSINESS
Corporate Crossings | Manish Gunwani to replace Anoop Bhaskar as Head of Equity at IDFC MF
In November last year, Nippon India Mutual Fund had announced that Manish Gunwani would be leaving the company after a stint of over five years.
BUSINESS
Is your mutual fund house making money? The real story behind AMC earnings
While large fund houses have made money consistently, foreign fund houses have struggled, with a few exceptions.
BUSINESS
WhiteOak Capital Balanced Advantage Fund NFO: Should you invest?
WOBAF is an open-ended dynamic asset allocation scheme investing in equities (65-100%), arbitrage (0-50%), and debt or cash in the range of 0-35% with the weight of net equities in the range of 30-80%.
BUSINESS
This is going to be a do-or-die year for cryptos. Are investors prepared?
The digital assets market will need more time to recover from a series of setbacks, including bankruptcies, frauds and crash of asset prices amid increased surveillances by governments around the world, including India’s
BUSINESS
Gold prices are at an all-time high: What should be your strategy?
Gold futures price in India rose to Rs 56,245 per 10 grams, surpassing the previous record of Rs 56,191 hit in August 2020, when the bullion had benefitted from the economic uncertainty due to COVID-induced lockdowns.
BUSINESS
Aditya Birla MF’s multi-asset fund offers diversification in a single fund: Should you invest?
Aditya Birla Sun Life Multi Asset Allocation Fund aims to invest across equity, debt, gold and silver in a single fund. Financial planners say it’s best to practice asset allocation through separate schemes, but suggest a selective exposure to multi-asset if you the sort who invests directly.
BUSINESS
Equity inflows jump three times to Rs 7,303 crore in December
In growth or equity-oriented schemes, small-cap funds got the highest inflows at Rs 2,244.77 crore followed by Rs 1,962.26 crore in mid-cap funds, data provided by the Association of Mutual Funds in India shows
BUSINESS
Will L&T Mutual Fund’s acquisition inject fresh life into HSBC India MF? Its co-CEO weighs in
In November 2022, HSBC Mutual Fund, one of the handful of foreign asset management companies in India, announced that its takeover of L&T mutual fund is complete. That made bigger news than any of its mutual fund scheme ever did in the past many years, as HSBC India mutual fund’s performance has been ordinary. But newly-appointed co-CEO, Kailash Kulkarni has plans to localize this foreign fund house and do business, the India way.
BUSINESS
InCred Financial’s NCD issue offers higher rates for shorter durations. Should you invest?
The liquidity of NCDs pales in comparison to debt funds. Besides, rates are still going up and a credit rating below AA doesn’t inspire confidence. You also need to look at the taxation.
