Budget Express 2026

co-presented by

ASSOCIATE SPONSORS

HomeNewsSarvana kumar

Sarvana Kumar

Jump to

RIL withdrawing money from MFs to fund capex plans

The move, which has seen the largest private sector company withdrawing close to Rs 15,000 crore in recent days, is also seen as a way to de-risk its investments as it expects interest rates to remain high, sources said. When contacted, RIL spokesperson declined to comment.
LIC Nomura MF plans to raise Rs 100 crore from new scheme

The new fund offer, which opened September 10, will close on September 24. It comes with a maturity of 43 months and combines the benefits of different asset classes like debt and equity.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347