Profitability impact due to reduction in TER on existing assets will be limited or negligible, as HDFC AMC has decided to pass on most of the cost to the distributors. On the incremental flows, the P&L impact will be more gradual.
The open-ended exchange-traded scheme will invest up to 95 percent of its assets in securities covered by the S&P BSE Low Volatility Index
The first among the lot would be TCNS Clothing, which sells its products under W, Aurelia and Wishful brands, that will launch its Rs 1,125-crore initial share-sale this week.
Sebi's observations are necessary for any company to launch public issues like rights issue, initial public offer (IPO) and follow-on public offer (FPO).
The scheme will deploy its entire corpus in debt instruments, including securitised debt and money market instruments.
Filing of consent papers may expedite clearances required for HDFC Mutual Fund’s public offer
SEBI said in a status report that it has sent a letter to lead manager Kotak Mahindra Bank that proceedings have been kept in abeyance for examination of past violations.
The fund house will continue to manage the scheme for three more years, after which it will be merged with one of the existing open-ended equity schemes of the fund house.
Global events, sharp moderation in local flows and delays in NPA resolution under NCLT are the key risks to the market
Under this facility, the first SIP installment will be fixed by the investor and the subsequent instalments will be calculated as per a formula
Quant Capital assets under advisory was Rs 520 crore as on March 2017.
Equity savings funds invest more than 65 percent of their corpus in equity and are thereby treated at par with equity funds for taxation
The scheme will invest in stocks comprising the S&P BSE Quality Index
In an interview with Himadri Buch of Moneycontrol, Srinivas Rao Ravuri, Senior Fund Manager, Equities at HDFC Asset Management talked about the market and their new fund HDFC Housing Opportunities Fund that was launched today
The fund house can invest up to 20 percent in equity shares of companies other than in Housing and its allied business activities
In an interview with Himadri Buch of Moneycontrol, Vinay Kulkarni - Senior Fund Manager - Equities, HDFC Asset Management Co Ltd talks about the risks to market rally
The scheme is currently benchmared against CRISIL Liquid Fund Index
At present, the scheme levies 0.75 percent for redemption within 12 months from the date of allotment and no load thereafter