New script, new benchmark: Curtain to rise on a new act as largecap eligibility cut-off approaches Rs 1 trillion ahead of January review
Jio's entry in the MF space is expected to spruce up the competition in the industry which currently has over Rs 66 trillion in assets under management
The companies signed a second joint venture in April to set up a wealth management and broking business in the country
WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund
Aditya Birla Sun Life ends trading day 4.4% higher
20% smallcap and midcap investment leeway to keep largecap expansion in abeyance
The fund has three managers: Sunaina da Cunha, who has managed the fund since April 2017; Mohit Sharma, since August 2020; and Dhaval Joshi, since November 2022
The Securities and Exchange Board of India (Sebi) has sought public comments till October 18 on the proposals
Madhabi Puri Buch calls for greater participation in voting on corporate resolutions; advocates healthier growth in the corporate bond market
The next big stop: 100 million investors as equity euphoria persists
Sebi expert group recommends reforms to streamline operations
The new fund offer (NFO) will remain open for subscription till October 4 while the units under the scheme would be allotted on October 11, the company said
The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months
"Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy," says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC
Among listed AMCs, in Q1FY25, Nippon AMC recorded the highest growth of 54 per cent Y-o-Y while ABSL AMC saw least growth at 19 per cent
Surge in SIP flows, strong NFO collections drive August collection to the second highest in a month
Industry lobby group IBA wants govt and RBI to intervene
Around 2,500 MF distributors rake in Rs 14,850 cr in commissions last fiscal year
Folio growth powered by stellar performance and strategic distribution
ITI MF's asset under management (AUM) increased nearly 2.4 times to Rs 8,791 crore in July 2024 from Rs 3,698 crore in March 2023