Of the 34 long-only funds, 19 beat the Nifty50 returns of 2.8% during the month, while two of the 14 long-short funds outperformed the benchmark
Last year as investors preferred larger companies that were deemed more resilient amid Covid; Calendar 2018 was the best year for SME IPOs, with 141 offerings garnering Rs 2,287 cr
The PMS segment invests money on behalf of well-off individuals. The minimum investment that regulations allow is Rs 50 lakh
IPO proceeds up 73% from a year ago; number of offerings grow 42.3% YoY
HDFC Bank was ranked seventh with a market cap of $119 billion
Nifty PSE index closes at highest level since January 2018
ESG products sold off at the outset of the pandemic but the global crisis, coupled with continued climate and social concerns, has resulted in fervent interest in ESG investing
Share prices of many brokers have surged over 100% in a year
Experts flag inadequate regulatory oversight; concentrated and thematic nature of most portfolios makes them riskier bets
Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees
Most new customers are investors who mostly buy and hold; they aren't adding liquidity to markets the way day traders do, says top market player
Flows from global emerging market funds into India amounted to $459 million, led by non-ETF inflows of $318 million, taking the total inflows in CY21 to $5.6 billion.
Many won't be able to meet commitments that were to be bid in tranches, say experts
On the contrary, flows into India may surge if the Covid situation remains in control, say experts
Mindtree is the top performer among IT firms for the month with returns of 27.2 per cent, followed by Nelco and Tech Mahindra
The Nifty50 concluded the August expiry series with gains of 5.4 per cent; it has made higher highs and shallower lows for the last four weeks
Specific to AIFs, the IVCA said the funds are a mere pooling vehicle and not a service providing entity
Experts called the development unprecedented and attributed it to a possible glitch in the new I-T portal
Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals
Moving to a T+1 settlement would necessitate booking foreign exchange on T day or T-1 for local custodians