The lower-than-planned cuts and the removal of the overhang of impending changes to the fee structure that had persisted over the past two years led to a rally in stocks of AMCs and allied sectors
Mirae Asset Investment Managers (India) on Monday said the growing presence of high-quality, sector-leading companies in the mid- and small-cap segment makes a strong case for meaningful allocation
ICICI Prudential AMC has fixed a ₹2,061-₹2,165 price band for its ₹10,600-crore IPO, an OFS by Prudential. The issue opens Friday and implies a ₹1.07-trillion valuation
New entrant Abakkus Mutual Fund will launch its first equity scheme, Abakkus FlexiCap Fund, on December 8, with Sanjay Doshi as fund manager and Sunil Singhania in an oversight role