BUSINESS
Investors should consider passive funds: Pratik Oswal, Motilal Oswal AMC
Finding alpha in the future will be harder than it was in the past as the Indian market gets more efficient over time
BUSINESS
Samvat 2076: Debt funds fiascoes of last year leads to SEBI making debt investments conservative this Diwali
In this article we will focus on the unlisted commercial papers (CPs) and restrictions on credit enhanced debt papers. These twin measures severely restrict mutual funds from betting on high yield papers.
BUSINESS
India’s GDP will inch up to around 7% in FY21: Bibek Debroy
India needs to focus on decentralization not only from Union government to state government but within states
BUSINESS
Mutual Funds wrap: SEBI's rollout of graded exit load on liquid funds — A system reforming step
The load reduces to 0.0065 percent on day two; 0.006percent on day three, 0.0055percent on day four; 0.005percent on day five; 0.0045 percent on day six and 0 percent from the seventh day onwards.
BUSINESS
ITC's Fabelle launches world's most expensive chocolate at Rs 4.3 lakh a kilo
The chocolate has been co-curated by France's lengendary Michelin Star chef Phillippe Conticini.
BUSINESS
DHFL debt resolution: MFs say banks getting a sweetheart deal
While SEBI permitted those mutual funds who had segregated the bad DHFL loans to join the inter-creditor agreement ICA in August 2019 with a conditions of keeping investor interest paramount , many mutual funds had not completed these conditions.
BUSINESS
Online personal care brand mCaffeine eyes Rs 100 cr annual revenue in a year
It is an internet-only direct to consumer personal care brand and sells through their own platform and also through etailers such as Amazon, Nykaa, and Flipkart.
BUSINESS
Mutual funds sees high fund manager movement in last six months
In the last six months, the equity AUM (assets under management) has decreased marginally to Rs 7.58 lakh crore in Sep-end from Rs 7.56 lakh crore in May.
BUSINESS
Mahindra MF to rope in Canara Robeco MF’s Krishna Sanghavi as CIO from Nov 1
Prior to joining Canara Robeco MF, he was also associated in leadership roles at AVIVA Life Insurance and Kotak Mahindra Group.
BUSINESS
Mutual funds wrap: Would SEBI direct BoB and BNP Paribas MFs to consolidate schemes post merger?
In December 2017 SEBI pushed further steps towards schemes consolidation through a Categorization and Rationalization of schemes within an AMC to keep clear cut distinct and simply understandable schemes.
BUSINESS
Mutual funds add a mere 29 lakh new investor folios in H1 FY20
Investors seem to have stayed off credit risk funds following numerous credit events, indicating a sharp decline in their risk appetite
BUSINESS
BNP Paribas MF Deputy CEO Anand Shah has put in his papers: Sources
Shah, with over 17 years of experience, had joined BNP Paribas Asset Management in March 2011.
BUSINESS
Nippon Life Insurance open to inorganic growth in Indian AMC space: Minoru Kimura, Asia Pacific head
Kimura believes that the mutual fund industry can avoid debt crisis through robust credit analysis and risk management systems.
BUSINESS
MF wrap: Average AUM up merely 3.6% in first 6 months of FY20
Industry experts attributed the minimal rise in average AUM to outflows from debt funds, particularly credit risk funds
BUSINESS
Here's what one must do if still stuck in credit risk funds
For first-time investors, Kumar recommended dynamic equity asset allocation funds which auto-adjust equity allocation based on market valuations.
BUSINESS
Next couple of months crucial for retail sector: Kumar Rajagopalan, CEO, Retailers Association of India
"Sentiments are not very positive at this point, which only adds to the difficulty. However, the silver lining is that retailers have not come to a stage where they have de-grown substantially," Rajagopalan told Moneycontrol.
BUSINESS
Here's why SEBI is trying to boost MF AUM from B30 cities
As of August 2019, 15 percent or Rs 3.99 lakh crore of industry’s assets came from B30 locations.
BUSINESS
Mutual funds Wrap: Corporate tax cuts to benefit struggling sectors
The government seems to have provided a major fillip to the economy and market sentiment, along with the 110 bps rate cut by RBI.
BUSINESS
Debt ETFs may not take off in FY20, says FinMin source
"We are working on debt ETFs. If it is not launched in this (financial) year, it will be launched in FY21," said a Finance Ministry official on condition of anonymity.
BUSINESS
No slowdown blues for Japanese designer brand Miniso
Miniso Ìndia will add 20 to its store count by December, and another 100 by December 2020, taking the total count to 240.
BUSINESS
DLF's revamped shopping mall to allot 38% space for F&B
DLF Shopping Malls, comprises of 5 properties across Delhi-NCR and Chandigarh namely DLF Mall of India.
BUSINESS
Bestseller India, owner of Jack and Jones brand, concerned over fall in footfalls
Despite the slowdown, Gautam said that the company usually has a target of opening 25-30 stores every year and added that it is on track for FY20 as well.
BUSINESS
Essel Group lenders agree to extend payment timeline
Sources told Moneycontrol that Essel Group has received a six months extension to repay dues from Aditya Birla Asset Management Company, HDFC AMC, Franklin Templeton AMC, and three others.
BUSINESS
Reliance Brands to open first Tiffany store in Delhi in January 2020
Tiffany is popular for its engagement rings and robin egg blue boxes. It operates in more than 320 stores in over 25 countries.
