Associations sets Rs 1-crore net-worth criteria for execution only platform
Heightened optimism stokes the fires of increased dividend payouts
This comes even as most fund managers do not foresee rate hikes
Allow to raise capital through SPACs and listing on offshore exchanges
Radhika Gupta believes the tax change also had some positive implications for the fund house
MFs sold a net of Rs 5,600 crore worth of industrial sector stocks in the April-July period
Investors in the six shuttered schemes get Rs 27,508 crore, 9% higher than what funds owed in 2020
Chairman Kamath says to have late-mover advantage
Join public sector-linked peers SBI and UTI MF
While the VIX reading still remains a benign 12, the recent surge suggests a bearish turn in sentiment, according to analysts
Unfulfilled credit demand in riskier segments, lack of high-yielding options create opportunities
Listing could see Rs 3,800 crore worth of selling by passive MFs
Five new fund houses Rs 12,400 crore AUM during their initial period
Our size may be large but we are one of the smallest in terms of weighted average market cap, said Chirag Setalvad
Exposure remains less than 3% in most companies
Retirement fund allocates Rs 53,000+ crore to equity ETFs
The other inclusions - IDFC First Bank, PFC, Ashok Leyland, Cummins India, Astral and HDFC AMC - were on the expected lines. ACC was the only exclusion
Vishal Jain, former Nippon India MF executive, to head the MF business
This marks a reduction from the previous mandatory provision, where AMCs were required to offer investors a 30-day period to exit without incurring an exit load
Among the top 10 fund houses, Kotak Mahindra MF and Mirae Asset MF logged the highest growth in retail assets at 70 per cent and 66 per cent, respectively