ITI Mutual Fund launches ITI Balanced Advantage Fund
The fund will follow a multi cap strategy for equity investments and for the debt component, the fund will invest only in high quality debt instruments up to three years residual maturity.
Mutual Funds' asset base hit all-time high of Rs 27 lakh crore on debt fund inflows
The 44-player industry logged an assets under management ...
ABSL Mutual Fund launches Aditya Birla Sun Life PSU Equity Fund
The scheme will invest predominantly in companies where the government is a m...
50% equity mutual funds underperform their benchmark in 2019
Though 2019 numbers show some improvement over 2018, the average returns from all the mutual fund categories can still frustrate most mutual fund investors.
Licious in advanced stages to close $25-30 million funding round
The latest round, which is expected to close over the next few days, will value the firm at $250-300 million, a significant uptick from the $150 million valuation it commanded in its last round of equity financing.
If you lack discipline, you can buy Axis Retirement Savings Fund
The fund offers flexible portfolios to investors with different risk profiles. It also comes with a lock-in period of of five years or until retirement age, whichever is earlier.
Temple in Gujarat switches to solar power, uses saved money to fund college
Temple's trustee Praveen Chandra said that the electricity bill used to be very high, so they switched to solar power. Fifty-kilowatt capacity solar panels have been installed on the terrace of the temple with an expense of Rs 25 Lakh.
Markets appear at an all-time high, but it is good time to invest in equities, says Atul Kumar of Quantum Mutual Fund
Over the long term, we remain optimistic on Indian equities, says Atul Kumar of Quantum Mutual Fund
Credit crisis is not over yet, choose debt mutual funds carefully
In the fifth bi-monthly monetary policy review meeting, the RBI had kept the repo rate unchanged, resulting in the yields spiking by 10-20 bps.
Intensity of slowdown in certain pockets is surprising: R. Gopalakrishnan, Principal Mutual Fund
While in the near term, consumption is unlikely to rebound, with the good monsoons, consumption is expected to revive farm production for at least the next couple of seasons. This is likely to drive consumption demand over the next 12 to 18 months.
Ready for high-level panel to monitor long term irrigation fund use: FM
The long term irrigation fund was instituted under NABARD in 2016-17 under the 'Pradhan Mantri Krishi Sinchyee Yojana-Accelerated Irrigation Benefits Programme' that envisages bringing 76 lakh hectares under irrigation through 99 identified projects.
Equity MF investments plunge 78%, SIP inflows hit all-time high in Nov
Net inflows into equity mutual fund schemes tanked to Rs 1,311 crore in November.
Godrej Fund Management to invest Rs 700 crore in Century’s commercial project
The proposed investment will be in a commercial project in north Bengaluru spread over 10 acres with a development potential of 2-3 mn sft. “The deal is in the final stage of closure and will mark GFM’s foray in the commercial market in Bengaluru,” said a person aware of the deal.
Aditya Birla Group won’t face fund or bid curbs if Vodafone Idea faces bankruptcy: Bankers
When a company faces insolvency proceedings, promoters are unable to raise funds for other businesses, and also they are not eligible to bid for any bankrupt business under Section 29A of the Bankruptcy Act. With effect from December 1, guarantors to any insolvent business too face bankruptcy proceedings.
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