Apart from the SP Group, the Tata Trusts own 66 per cent of Tata Sons and hold substantial voting power over board decisions. While some trustees reportedly favour a listing, others are opposed.
The scheme tracks the Nifty500 Flexicap Quality 30 Index and uses momentum-based allocation to shift between largecaps and small- and midcaps for alpha generation
Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview
Kothari is chairman of DSP Asset Managers, an asset management company (AMC) with a wide range of active and passive funds managed across the risk-reward spectrum
The new fund offering has been open for subscription since December 5, 2023, and will close on December 15, 2023. The fund managers of the scheme are Anil Ghelani and Diipesh Shah
The new fund offering (NFO) will close for subscription on December 12, 2023 and will reopen for sale and repurchase within 5 business days from allotment
Some of the biggest names in Indian philanthropy have teamed up with researchers and more to craft an India-specific response to the climate crisis. Nikita Puri reports on the development