BUSINESS
Based on current earnings, the multiples are high, says Raamdeo Agrawal
“The revolutionary injection of equity, once in a lifetime after 75 years, into the corporate world, is going to have a tremendous impact,” Agrawal said
BUSINESS
SME IPO frenzy: Sebi's Ashwani Bhatia says rigor lacking, venture capital a better start
Instead of going straight to an IPO, an alternate route for SMEs may be to approach an angel fund or a venture fund first, said the regulator’s whole-time member
BUSINESS
Focus is on creating inclusive, efficient, and dynamic market, says Sebi chief Buch
To achieve inclusive growth, focus must be given to create products that are accessible and viable, such as the Rs 250 micro SIPs, Buch added
BUSINESS
Indian markets in a sweet spot of flows and IPOs, but experts suggest caution
Speaking at the Global Fintech Fest, Vishal Kampani, Non-Executive Vice Chairman at JM Financials, said the emergence of domestic capital has been a key trend in this bull run.
BUSINESS
Tech, digital advancements, affordable data plans helped push MFs reach, growth: CAMS' Anuj Kumar
Despite the complexities, CAMS MD noted that the industry has managed to deliver “almost flawless customer service,” ensuring smooth transactions and minimal errors.
BUSINESS
Will move to direct payout system for customers, says CDSL's Nehal Vora
Vora said that recently SEBI introduced two critical reforms on the depository side, significantly impacting the way transactions and pledging are handled in the securities market.
BUSINESS
Don't create a digital age where there is digital exclusion: Kotak AMC’s Nilesh Shah on tech in MFs
'There are both kinds of customers/investors - those who want digital access and those who want in person interaction. My technology should work for both,' says Shah at Global Fintech Fest 2024
BUSINESS
The challenge for unlisted fintech firms: Growth vs path to profitability
As businesses transition from private to public markets, the focus often shifts to demonstrating not just growth but also a path to profitability.
BUSINESS
GIFT City, ADB to join hands to launch International Fintech Innovation Hub
In February this year, ADB had approved a $23 million loan to enhance access to quality fintech education, research, and innovation at the GIFT City.
BUSINESS
PSU rally helps dividend yield equity funds outperform benchmarks
The LIC MF Dividend Yield Fund-Reg(G) has the highest one-year return within the category at 61.11 percent, followed by ICICI Prudential Dividend Yield Equity Fund (G) with a 1-year return of 53.63 percent.
BUSINESS
MFs turn bullish on the 'India consumption growth story'
'As India progresses to become a middle-income economy, the focus on consumption will intensify,' says a top exec of Axis AMC
BUSINESS
Smart beta strategies offer a more tailored approach to capturing market inefficiencies: Nippon India AMC
This innovative approach, it adds, allows investors to customize their strategies based on various market segments or investment themes, and could potentially lead to a better performance compared to conventional indices.
BUSINESS
Out of 283 open-ended equity diversified funds about 39% outperformed their benchmarks in July
Pankaj Shrestha, Head - Investment Services at PL Capital, noted that the value strategy has delivered strong out performance this time, with about 75 percent of the relevant schemes showing better results.
BUSINESS
India-focused offshore funds, ETFs continue to shine, reflect investor confidence
The India-focused offshore fund and ETF category has experienced consistent growth, with net inflows for eight consecutive quarters since September 2022, according to data from a Morningstar report.
BUSINESS
Focused funds see outflows in 7 months of 2024 so far, but fund managers remain optimistic
As per data from Ace Equity MF, focused funds have seen continuous outflows with maximum outflows seen in July 2024 (Rs 620.2 crore) and February 2024 (Rs 533 crore). But while there has been an industry wide decline, not all fund managers are concerned.
BUSINESS
Indian consumption growth outpaces most global peers: Report
The report notes that India's GDP growth rate. which exceeds 7 percent. is driven significantly by household consumption, accounting for more than 60 percent of the GDP.
BUSINESS
Creating alpha in current market more challenging: JM Financial AMC’s Satish Ramanathan
Ramanathan noted that they continuously monitor valuations and aim to invest in higher-quality names at reasonable prices, even if that means paying slightly more for market leaders
BUSINESS
Large cap funds received less than 10% of active fund inflows in six years: DSP
Once considered the domain of experts and investors with specific goals, the report notes that sector and thematic funds have grown in popularity, attracting inflows not only in broad sectors and themes but also in sub-industry groupings -- a first for the industry
BUSINESS
AMFI contemplating Aadhaar alternative to ease KYC for NRI investors
According to people familiar with the development, AMFI, under the guidance of the Securities and Exchange Board of India, is exploring alternatives in terms of documents that can used instead of Aadhaar for verification.
BUSINESS
Five key highlights for equity markets based on latest AMFI numbers
Equity mutual funds hit a record high of Rs 29.34 lakh crore, constituting 45 percent of the industry's AUM. The net inflows for July were Rs 37,130 crore, slightly lower than June's Rs 40,608 crore.
BUSINESS
India's top three business families valued close to Singapore's GDP: Barclays-Hurun report
The report said that the top 10 families are collectively worth a total of Rs 60.09 lakh crore.
BUSINESS
Metals, Energy and IT see maximum FPI selling in July
As per NSDL data, July saw FPIs selling shares worth nearly Rs 3,000 crore in the metal & mining space, followed by Rs 2,635 crore selling in oil & gas, and Rs 2,498 crore in the power segment. The IT segment saw FPIs offloading shares worth Rs 981 crore.
BUSINESS
AMFI likely to knock govt doors again for restoring indexation benefits
While the government has decided to restore indexation benefits for the real estate industry, no such rollback has been announced for the mutual fund industry, which has already written to the government seeking certain relaxations in the Budget announcements.
BUSINESS
Why small caps will continue to sizzle
Experts believe that going ahead, investors should maintain more realistic expectations when it comes to returns.
