BUSINESS
IIFL Finance NCD issue offering up to 9% yield opens; should you invest?
Both, Crisil and ICRA have given the issue AA rating. According to ICRA, the rating is constrained by the impact of COVID-19 on the group's profitability and asset quality.
BUSINESS
What InCred Money’s acquisition of Orowealth tells us about the wealth-tech industry
Tighter SEBI guidelines around mutual fund distribution and advisory services, investors’ reluctance to pay a fee, and low awareness have forced robo-advisors to keep reinventing the wheel.
BUSINESS
Direct plans of mutual funds turn 10. What worked and what didn’t
While direct plans gave a low-cost option to invest in mutual funds, they can also backfire if you are the sort who need advice and handholding, especially in volatile markets. The ticket is cheaper, but if you board the wrong train, it can leads you far from your goal.
BUSINESS
Sectoral MFs in 2022: IT stays depressing, but banking is on a boom
The two sectors have been a study in contrasts. While banking funds are on course to put up their best performance since 2017, IT funds are at risk of putting up their worst show since 2008.
BUSINESS
Overseas mutual funds are again open for investments; what should be your strategy?
There’s an overall industry-level limit of $7 billion for mutual funds to invest in overseas securities and funds and a separate limit of $1 billion for investing in overseas exchange-traded funds
BUSINESS
Baroda BNP Paribas Multi Asset Fund collects over Rs 1,200 crore via NFO
Baroda BNP Paribas Multi Asset Fund is an open-ended scheme investing in equity, debt and gold exchange-traded funds (ETFs).
BUSINESS
What attracted mutual funds to KFin Technologies’ IPO anchor round?
As per the anchor intimation letter by KFin Technologies, out of the total allocation of 18.4 million equity shares to anchor investors, 6.9 million, or 37.78 percent of the total, were allocated to eight domestic mutual funds through a total of 17 schemes.
BUSINESS
Moneycontrol Mutual Fund Summit | VC money in fintechs corrupted finfluencer space: Pranjal Kamra
According to Kamra, the regulator’s plan to frame guidelines for financial influencers is a great step.
BUSINESS
Moneycontrol Mutual Fund Summit | We need to learn how to make risk-based communication entertaining: Kalpen Parekh
MD & CEO at DSP Mutual Fund says there's a huge opportunity to democratise advice, without diluting it; cautions against bias towards extra optimism when it comes to money.
BUSINESS
Moneycontrol Mutual Fund Summit | ETFs, index funds have shortcomings like gaps in pricing and NAV: Usha Thorat
In her keynote address at the Moneycontrol Mutual Fund Summit, Thorat highlighted that the post-COVID years have seen a phenomenal growth of investors in mutual funds. The AUM has also risen to Rs 40 trillion
BUSINESS
Indore Municipal Corporation files for retail green bonds, aims to raise Rs 244 crore
It will mark the first time an urban local body is tapping individual investors
BUSINESS
Budget 2023: One year into crypto income tax, but confusion prevails. Will FM provide clarification?
Budget 2023: Tax experts feel many retail investors believe that crypto-to-crypto transfers are non-taxable, while there’s ambiguity over TDS deduction on foreign exchanges.
BUSINESS
Mutual Fund assets top Rs 40 lakh crore in November; equity inflow slumps 75%
Inflows into the open-ended equity funds slumped to Rs 2,258 crore during last month against Rs 9,390 crore in October.
BUSINESS
Budget expectations | Crypto sector hopes for revision in tax rates, parity with other assets, regulations
While the government introduced crypto taxation in the last budget, it did not address the legality of such assets, a long-standing demand of the sector.
BUSINESS
RBI enhances scope of BBPS to include tax and rent payments, education fees
At present, the system handles recurring bill payments for merchants and utilities and does not cater to nonrecurring bills.
PERSONAL-FINANCE
DSP MF sees outperformance in small, midcaps; says largecap valuations not cheap
Experts say small and midcap stocks outperform once they move out of deep phases of underperformance. The first off the block could be smallcaps, followed by midcaps.
