The morning routine of Shankar Mahadevan the musician whose band recently won the Grammy Awards.
The Assets Under Management held by the Indian mutual fund industry stood at Rs 38.01 lakh crore, with the average AUM of Rs 38.89 lakh crore. Out of this, women manage about 12 percent, or about Rs 4.55 crore worth of assets
Covering everything from how a company handles climate change or boardroom diversity to how a country is positioned to withstand the impact of changing weather patterns, the belief is that those with a good ESG score will perform better over time.
It is time that women continue to evolve as investors, move beyond budgeting and take charge of their and their family’s financial future.
The firm aims to raise Rs 1,000 crore AUM over the next two-three years.
Even after receiving strong inflows in the equity segment, MFs were net-sellers of Rs 7,665 crore in the secondary market in March 2019.
Pabrai also advised against shorting, listing it as one of his ten commandments of investing.
With the reclassification of mutual funds, there will be a change not only in basis of arriving at performance ratings by rating agencies, but also in the method of analysis to be adopted by the investors while reviewing the performance of the schemes for making investment decisions.
HDFC MF manager Prashant Jain is sticking to his guns. He continues to have faith in the financial services sector, particularly in State Bank of India.
Morningstar gave a list of 10 funds to moneycontrol which not just created alpha, but gave twice as much return as Sensex did in the same period in absolute terms across categories.
Investments in fixed income funds gained traction in 2016-17, with the mutual fund industry seeing an inflow of nearly Rs 1.77 lakh crore in such instruments seen as safe havens.
Domestic mutual fund houses seem to have made best of the correction in the Tata Group stocks following the dismissal of Cyrus Mistry by accumulating shares across the group companies in November, according to data from the fund houses.
Anoop Bhaskar, Group President & Head, UTI MF was speaking at the Morningstar Conference.
"We've to analyse and try to figure out exactly what revenue impact would be in case the government gives the exempt, exempt, exempt (EEE) benefit to NPS," Sinha told a mutual fund meeting organised by Morningstar.
Apple announced a programme on Wednesday that will allow customers to finance unlocked versions of the new iPhones through monthly instalments starting at USD 32, regardless of which carrier they choose.
The Australian flagship carrier also said it would make its first cash payout to shareholders in six years after an aggressive cost-cutting programme and tailwinds from cheaper fuel costs led the company back into the black.
The deal, the largest purchase of an Australian firm by an overseas entity since 2011 and the biggest acquisition by a Canadian firm in that country, underscores the huge international appetite for Australian infrastructure.
As part of a major overhaul of its operating structure, Google said on Monday it was creating a new holding company called Alphabet. Google co-founder Larry Page will step down as Google's chief and Pichai was appointed as head of a "slimmed-down" version of the company.
BlackRock Inc CEO Larry Fink is hoping that a trillion points of data can revive his firm's ailing stock-picking business.
Chinese markets have been dropping sharply for the last month, with the Shanghai composite index down by a third over the last three weeks and dropping 5.9% today.
Suruchi Jain of Morningstar is not surprised and says all banks should be subjected to the same rules. Hence, the exemption is 30 percent of the eligible loans for the first year, which is the same for all the banks, the following years it will be taken up to 50 percent and 60 percent of loans.
According to Michael Coop, gold is going for further slowdown as people still have significant component of the gold that they purchased 5-10 years ago. And the risk of them to divest that as they have become a bit pessimistic about the outlook and are seeing losses.
As stocks in developed markets look fully priced and while the fixed-income space there looks a bit "scary", thanks to the prospect of rising interest rates, emerging market stocks are good place for global investors to look at, according to Haywood Kelly, Head of Global Research at Chicago-based investment-research provider Morningstar Inc.
India-focused offshore funds and exchange-traded funds (ETFs) registered a net inflow of over USD 1 billion in July-September 2014, signalling growing interest by foreign investors in the country's growth story.
Mayuresh Joshi of Angel Broking, market expert Ambareesh Baliga, Prayesh Jain, Associate VP - Research, IIFL along with Piyush Jain, Equity Research Analyst, Morningstar India share their outlook on RIL‘s earnings for Q2 and the way ahead for the company.