BUSINESS
Missed the bus! 63 MF schemes held over 10% cash in portfolio till September 20
According to data collated by ACEMF, 63 equity schemes were holding more than 10 percent in cash and cash equivalent as on September 20.
BUSINESS
SEBI intervenes after NSE witnesses 2 hour technical glitch; seeks detailed report
For two hours in hectic bullish trade, especially in the Futures & Options segment, traders lost the opportunity to execute their trades
BUSINESS
Pepperfry bullish on kids' furniture segment; eyes gross merchandise value of Rs 500 crore in 3 years
Indian kids' furniture segment is growing at a steady rate of 20 percent year-on-year and is estimated to be a Rs 7,000-10,000 cr market.
BUSINESS
Are many investors discontinuing systematic investment plans of MFs?
Indian Mutual Funds have currently about 2.74 crore SIP accounts through which investors regularly invest in Indian Mutual Fund schemes
BUSINESS
This week in FMCG: Companies concerned over slowdown in consumption going ahead
Market research firm Nielsen has lowered its growth projection for India's FMCG market to 11-12 percent in 2019, down from 13.8 percent in 2018
BUSINESS
ITC Foods plans exports to Dubai & Saudi Arabia
ITC is looking to scale up dairy business pan India, eyes 5-10% market share in milkshakes
BUSINESS
ITC's B-Natural to foray into vegetable juice category in a month
At a press meet held in Mumbai, ITC Foods launched the premium fruits beverages in Aseptic PET bottles with no added preservatives.
BUSINESS
JSW Group enters paints business; eyes Rs 2,000 crore revenue by FY22
The company aims to be among top three brands in India by 2025.
BUSINESS
Actor Sunny Leone becomes equity holder in Fork Media’s fashion portal Hauterfly
Fork Media had raised around $4 million funding in July 2017 from Agnus Capital, the family office of promoters of pharma firm Strides Group
BUSINESS
10 MFs owned Rs 5,000 crore of ADAG debt papers as of March-end
Reliance Mutual Fund had the highest exposure worth Rs 1,749.76 crore, followed by Franklin Templeton, which held around Rs 960.47 crore in ADAG debt papers as on March-end
BUSINESS
DLF to set up 2-3 shopping malls in FY20; explores Tier I & II cities for expansion
Currently, DLF Shopping Malls operates five shopping centers, with four of them being in Delhi/NCR and the other in Chandigarh
BUSINESS
MF WRAP: How changing FMP investment structures calibrated to their current fiasco
The long term benign bank interest rate era began around 2006-07, after which FMPs started investing in bank CDs big time.
BUSINESS
B30 cities contribute 15% to total MF assets; AUM up 13% YoY
Assets from B30 cities increased by Rs 42,368 crore, a growth of 13 percent in FY19
BUSINESS
MF investment in banking sector sees highest jump in 6 months
Generally, banking is the most preferred sector with fund managers as they cannot take a bearish call on the banking sector, given the sector’s 31 percent weight in the S&P BSE index
BUSINESS
MF wrap: Will FMP fiasco shift investors to safe haven FDs?
There are 94 FMPs that have invested in Essel Group companies, according to data from Morningstar.
BUSINESS
Nielsen India projects FMCG Industry growth at 11-12% in 2019
FMCG industry had clocked 13.8 percent growth in 2018.
BUSINESS
Infiniti Malls sees 15-20% YoY footfall growth despite rise in online shopping
In a freewheeling chat with Moneycontrol, Mukesh Kumar, Chief Executive Officer, Infiniti Malls, said that individuals will still visit malls
BUSINESS
Reliance Nippon Life AMC joins hands with ETF Securities to launch first India ETF in Australia
Founded by entrepreneur and philanthropist Graham Tuckwell, ETF Securities offers funds ranging across local and international share markets and sectors including robotics, biotechnology and commodities.
BUSINESS
Kurl-on sees Spring (Air) in its revenue, to double to Rs 2,200 crore in 2 years
The company plans to open 2,000 stores in the next few years
BUSINESS
ITI Mutual Fund to float maiden scheme for a day on April 24
ITI Mutual Fund had received SEBI's go-ahead in May 2018.
BUSINESS
ITI Mutual Fund plans to launch 4 schemes until August 2019
The fund house aims to be among to 10 asset management companies in the next 10 years.
BUSINESS
Mutual fund industry adds over 1 crore new folios in FY19
Investors are investing despite the equity market grappling with volatility in the last fiscal
BUSINESS
FMP crisis: Kotak Mutual Fund writes to investors to assuage fears
This is the second written communication to investors in the last three days
BUSINESS
Will investors get their funds invested in FMPs or will SEBI step in?
Mutual funds experts said that SEBI has stepped in during times of crisis in the past and may do the same this time too.
