BUSINESS
Hefty merchant banking fees: IPO could be a success but stock could well be in doldrums
The current calendar year has seen two mainboard IPOs in which the merchant banking fee was in excess of seven percent of the issue size – significantly higher than the industry average of 2-3%.
BUSINESS
Top ten AIFs give 3-6 percent returns in August; Generational Capital Breakout on the top
Generational Capital Breakout Trust's Breakout Fund 1 gave the highest returns of 6.36 percent in August.
BUSINESS
Creating an impact: Indian family offices up the game on impact investing
Experts add that impact investing and corporate social responsibility serve different purposes even though both aim to create a positive change.
BUSINESS
Top 10 PMS funds in August deliver up to 12% returns: Valcreate leads with digital focus
The top ten Portfolio Management Services (PMS) in August delivered returns between 6 percent and 12 percent.
BUSINESS
Family offices bet big on startups: From burgers to space-tech, here are the top picks
Data from Tracxn shows that start-ups like quick service restaurant chain Burger Singh, eco-friendly footwear brand Neeman’s, non-alcoholic beer brand Coolberg, online-jewellery brand Bluestone and space-tech startup Agnikul Cosmos, which focuses on developing launch vehicles, among others have attracted investments from many family offices
BUSINESS
PMS tax has been blown out of proportion as investors care about net returns, says Alchemy's Alok Agarwal
Quant-based investing helps remove human biases by following predefined rules, offering a distinct advantage over traditional active management, said Agarwal.
BUSINESS
India's IT revolution started with NSE's success: Ashish Kumar Chauhan
NSE has 10 crore unique investors registered with the exchange, with 19 crore trading accounts covering 99.84 percent pincodes in the country, the stock exchange’s MD and CEO said
BUSINESS
India’s family offices boom: 7x growth in six years
The AUM of family offices in India is estimated to be around $30 billion, which is a fraction of the global AUM of family offices, which is around $6 trillion, as per a study by Sundaram Alternates.
BUSINESS
Will ensure FPIs can access funds on T+1, says Sebi member Ananth Narayan
The reason for the delay is a delay in receiving the tax certificate, said Narayan
BUSINESS
Families re-investing money in equities after diluting stakes in their companies: JM Financial’s Vishal Kampani
Kampani also said that domestic investors are adopting a more strategic, long-term perspective, typically taking a 3-4 year view on IPOs rather than a speculative one
BUSINESS
GIFT City focused on tapping NRI segment: K Rajaraman of IFSCA
Rajaraman said that there is a growing retail segment of 4,000 NRIs who have almost $800 million in savings accounts
BUSINESS
Markets are neither cheap nor expensive, investors need to keep return expectations low: Vikas Khemani
Manufacturing in India today is where China was in 2005, and we see a massive wealth creation opportunity, said founder of Carnelian Asset Advisors
MARKETS
Discussion paper on tweaking regulations for SME IPOs expected by year-end: Sebi's Ashwani Bhatia
While speaking to Moneycontrol on the sidelines of the Global Fintech Fest in Mumbai, Bhatia hinted that if there are signs of manipulation in the mainboard IPO segment, the board will take action.
BUSINESS
F&O consultation paper received 6,000 responses: Sebi chief Madhabi Puri Buch
The Working Committee on Futures and Options had proposed tighter F&O regulations to boost market stability and protect small investors
BUSINESS
Compliance should be like low hum in every company's background: Sebi's Madhabi Puri Buch
Compliance should ultimately be just like we are breathing, says Madhabi Puri Buch at Global Fintech Fest 2024
BUSINESS
AIFs likely to become preferred investment vehicle for family offices: Study
Family offices, however, are not going big on startups as their allocation is expected to remain at current levels going ahead. Allocation towards real estate and fixed income is expected to fall by three percent and eight percent respectively.
BUSINESS
Allow IAs & RAs to advise on non-equity asset classes as well, market players' suggestion to Sebi
The consultation paper assumes significance as recently Sebi whole-time member Kamlesh Varshney discussed a framework to bring the large number of unregistered financial advisors – finfluencers – under the regulatory ambit by easing norms for IAs and RAs so that it becomes easier for more people to register themselves.
BUSINESS
Indian markets likely to open positive after rate cut commentary from Jackson Hole Economic Symposium
In the current month till date, FPIs have been net sellers at nearly $2 billion after staying net buyers during the previous two successive months – June and July.
BUSINESS
Interach Building Products to list at 30-40% premium say experts
The company intends to raise Rs 200 crore via fresh issue, and another Rs 400.29 crore through offer-for-sale (OFS), at the upper end of the price band at Rs 850-900 per share.
BUSINESS
Micro SIPs can play a role in MF growth story, but needs to be well thought over: Mutual Fund CEOs
Most fund houses require a minimum monthly investment of Rs 1,000 for SIPs, with only a few permitting SIPs as low as Rs 500, and even fewer allowing investments of just Rs 100 per month
BUSINESS
Debt PMSes could outshine debt MFs if equities see profit booking, say experts
A debt PMS usually gives higher returns than a debt mutual fund because the former has a concentrated portfolio and no limit on weightage to one particular bond or commercial paper, says an expert
BUSINESS
Top 10 Category III AIFs in July: InCred's Emerging Business Fund leads with 11.46% return
At the top was InCred Asset Management's Emerging Business Fund with a return of 11.46 percent in July.
BUSINESS
Sebi wants advisory body ISF to evolve sector-specific, standard KPIs for IPO prospectus
The ISF, which has representations from ASSOCHAM, FICCI and CII, will decide what true KPIs are while not limiting the list only to financial and operational metrics, said a person familiar with the development.
BUSINESS
Top 10 PMS in July: Valcreate Investment Managers takes the first position
According to data from PMS Bazaar, Valcreate Investment Managers - Lifesciences and Specialty Opportunity Fund ranked first, with a return of 12.13 percent in July. It was followed by Dynamic Equities - PSU Fund and Dynamic Equities - Emerging Fund, which secured the second and third positions with returns of 12.04 percent and 11.4 percent, respectively.
