NAM India continues to serve as a gateway for Japanese capital, with seven funds across various sectors, including real estate, ETFs, and venture capital, said the management.
Following the share sale, Medplus Health Services tumbled 8.54 per cent to close at Rs 815 apiece on the National Stock Exchange (NSE).
Chugani has completed his Masters in Commerce from the University of Mumbai and Masters in Business Administration (MBA) from Duke University, USA.
Sailesh Bhan's elevation will be effective January 1, 2023, when he takes over the charge from the current CIO – Equity, Manish Gunwani.
Technical charts suggest a buying opportunity in Nippon India MF.
His scheme's size is close to Rs 15,000 crore. And over the past year, it has given over 100% return. Yet, he believes that a 15 per cent allocation to small-caps within equities is ideal
Total income rose by 11 per cent to Rs 399 crore during the quarter under review from Rs 360.64 crore in three months ended December 31, 2019.
Strong companies will keep getting stronger and will be able to gain market share as well as capital.
The limit is imposed only on the new applications, switch-ins, systematic transfer plans and systematic investment plans received after March 5, it said.
HDFC AMC reported its results on Jan 21, while Nippon India AMC reported the quarterly numbers on Jan 23.
Kimura believes that the mutual fund industry can avoid debt crisis through robust credit analysis and risk management systems.