Sona BLW Precision Forgings, R R Kabel, Welspun Corp, Lenskart Solutions and Leela Palaces Hotels from the BSE 500 index hitting their respective all-time highs.
The mutual fund industry had 278.6 million folios at the end of June, with Nippon India MF accounting for 14.4 per cent (40.2 million folios) of the total
Carnelian received Sebi's mutual fund licence, while Nippon Life India Asset Management reported a 27% rise in Q1 profit on strong AUM growth and higher revenue
Sundeep Sikka has been elected chairman and Vishal Kapoor as vice-chairman of AMFI. They will focus on expanding mutual fund reach, enhancing investor trust, and boosting financial inclusion
The brokerage expects asset management companies (AMCs) and registrar and transfer agents (RTAs) to post a recovery in quarterly earnings, supported by steady inflows and stable equity markets.
Shares of HDFC AMC, NAM-India, UTI AMC and Aditya Birla AMC were quoting at record highs levels; following a sharp rebound from the calendar year lows. Here's a likely guide on the near-term trend.
Nippon Life became DWS's second-largest investor after it bought its 5 per cent stake when Deutsche Bank listed DWS in 2018. Deutsche retained control with 79 per cent
Invesco Mutual Fund on Thursday announced the launch of Invesco India Business Cycle Fund, a scheme that will invest in equities with a focus on riding business cycles through dynamic allocation
