Axis Mutual Fund launches ‘Axis ESG Equity Fund’
ESG stands for environmental, social and governance factors and the framework is used by investment managers to identify how each company in their coverage is exposed to or are reacting to these factors.
Q3 results this week: ICICI Bank, ZEEL, Asian Paints, HDFC AMC, L&T, BoB
HDFC AMC and Zee Entertainment will come out with their earnings num...
Axis Mutual Fund launches ‘Axis All Seasons Debt Fund of Funds’
The All Season Debt FoF will invest in funds from across fund houses and acro...
UTI AMC files papers for IPO with Sebi
The issue consists of an OFS by shareholders including SBI, BoB, LIC, PNB and T Rowe Price.
India story is always half full or half empty: Nilesh Shah
Be careful in selecting stocks as what is looking safe is expensive and what is cheap is not safe.
Axis Mutual Fund launches Axis Retirement Savings Fund
The scheme offers flexible risk profiles, strong fund management capabilities across asset classes, tax efficiency, flexibility in using the fund for post-retirement income as well as one of the feature offering life cover to long term SIP investors.
Higher tariffs may bring Jio a re-rating, RIL valuation boost
An increase in rates likely to boost average revenue per user, improving the payback period and cash flows, move to help the company reach zero net debt by FY21.
Brookfield in talks to invest $800 million in ReNew Power
Deal could offer partial exit to Goldman Sachs that owns 48% stake in green energy company. Goldman Sachs, a backer of the company since 2011, has invested about $370 million in ReNew Power through 2013 and 2014. Founded in 2011 by Sumant Sinha, the son of former finance minister Yashwant Sinha, ReNew Power has more than 4,300 mw of operational capacity.
DHFL resolution:SBI says lenders awaiting HC verdict on November 11
Edelweiss AMC, Kotak Mahindra AMC, Axis Asset Management and Reliance AMC had moved the Bombay High Court seeking a direction to DHFL to disclose all its assets and liabilities and also to temporarily prevent it from making payments/disbursements to secured and unsecured creditors.
Axis Mutual Fund launches Axis Nifty 100 Index Fund
The scheme will allow investors to invest through SIPs, STP’s and FlexSIP/STP in addition to a lumpsum investments.
Equity AUM surge: Axis, Kotak, Mirae Mutual Fund CEOs speak
The total inflows into equity schemes in October were Rs 6027 crore. Here is what CEOs of the top three fund houses think contributed to the inflows.
After Edelweiss AMC, Kotak, Axis MFs too move Bombay High Court against DHFL
The beleaguered home financier owes Rs 83,873 crore as of July 6, 2019 to banks, the National Housing Board, MFs and bondholders, including retail bondholders.
Axis RERA fund invests Rs 65 crore in Adarsh Developers’ residential project
The investment is for a proposed affordable residential project being developed in South East Bangalore.
After Market: Airtel slides, HDFC AMC continues decline; 41 stocks flash ‘sell’ signals
Media stocks were buoyant, helping Nifty Media index to close nearly 3 per cent higher.
Investing in quality companies paid off, says Jinesh Gopani, head-equities, Axis Mutual Fund
Axis Mutual Fund was the top performer in 2018, and it is topping the performance chart in 2019 also.
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