The central bank cut the repo rate by 125 basis points in 2015, including by a bigger-than-expected 50 bps in September. It held rates at its last meeting in December.
SEBI yesterday reduced the company-, group- and sector-wise limits that debt mutual fund schemes can have. It also reduced the additional sector exposure granted for NBFCs from 10 percent to 5 percent of a scheme's corpus. This may mean NBFCs will have to look for alternate means of financing.
CNBC-TV18 in association with the Indian Super League launches an initiative to assist the players of this premier football league in making the best financial decisions. Sunil Chhetri, Captain of India National Football Team, discusses money matters with experts.
Every investor needs to have asset allocation towards fixed income, says R Sivakumar, Head Fixed Income at Axis MF.
Axis Mutual Fund launches Axis Equity Saver Fund, an multi-asset open ended equity scheme which would endeavour to generate capital appreciation and income distribution, by investing in multiple asset classes - equity, hedged equity (arbitrage opportunities) and debt.
Gold when combined with assets such as equity and debt can help generate healthy risk adjusted portfolio returns for the investor
In any market condition, investing in debt is considered a safer alternative to equity. But a falling currency and the intervention of the RBI has affected the returns on debt funds in the country.
Axis Mutual Fund launches Axis Capital Protection Oriented Fund – Series 3, a close ended capital protection oriented fund with an investment objective to protect the capital by investing in a portfolio of debt & money market instruments that are maturing on or before the maturity of the scheme.
Axis Mutual Fund has launched Axis Capital Protection Oriented Fund - Series 2, a closed ended scheme with an objective to protect the capital by investing in a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme.
Axis Mutual Fund has launch Axis Dynamic Bond Fund, an open ended debt scheme that aims to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.