Page 9 - Ashley Coutinho

Cloud on banking stocks on NPA concerns amid second wave of pandemic

The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%

Sebi directive of April 1 may put the brakes on MF dividends in FY22

Operational and compliance challenges foreseen for fund houses in deducting tax at source, resulting in possible TDS mismatches and disputes with investors

Correction may not be deep or extended: Kotak Institutional Equities CEO

In a Q&A, Pratik Gupta, CEO & Co-Head, says despite several near-term headwinds, India offers relatively stronger long-term growth and returns prospects

Bank FDs in spotlight as returns of liquid funds hit two-decade low

1-year returns down to less than 3.5%, below short-term rates offered by banks on FDs

FPIs seek a month's extension from Sebi to furnish depository receipts info

Custodians want FPIs to provide ODI and DR details directly to depository instead of routing it through them

Half the PMS schemes trail Nifty 50 in FY21, clutchful offer 100% returns

Returns were calculated on time-weighted rate of return, which eliminates effects of inflows and withdrawals from schemes to get a clearer sense of fund manager's performance

Investors look for bargain hunts as markets crash, brokers advise caution

On Monday, banking, media, realty, metal and auto stocks fell the most, with the Bank Nifty falling as much as 5.1 per cent per cent

Sebi frowns at MF industry's incorrect yield depiction of debt schemes

Excluding cash portion while calculating the yield of a debt scheme can jack up overall fields of a scheme.

'Know Your Customer' data upload: Foreign investors seek exemption

The RBI had in December said that all regulated entities have to upload 'Know Your Customer' data pertaining to the accounts of legal entities opened on or after April 1, 2021

Tata Motors DVR, SKF India may be included in MSCI Smallcap index

Other notable high impact potential additions include the likes of Asahi India Glass, Elgi Equipments, Solar Industries, Shriram City Union, Grindwell Norton, GSFC, Route Mo­bile and Sheela Foam

CY21 will be defining year for start-up listings, says Atul Mehra

More companies will prefer a domestic listing as it will bring more visibility, says Atul Mehra

Category-III alternative investment funds beat Nifty returns in February

Long-only funds provided average returns of 8 per cent, while long-short funds returned 0.3 per cent, data from PMS Bazaar showed

Finance Bill amendment eases Mauritius funds' path for India shift

Experts reckon up to 10 per cent of such funds could shift to the IFSC

MFs push passive assets, but flurry of schemes don't impress investors

SBI MF's two schemes contribute more than half of overall passive asset base; 55 schemes have less than Rs 100 crore in assets.

Overall exposure of debt mutual funds to NBFCs below 10%: CARE Ratings

The amount held fell to Rs 0.72 trillion, compared with Rs 1.26 trillion in September 2018

Well run mid- and small-caps seeing strong growth: Emkay Investment CEO

Global interest rates are likely to remain benign for long, says Vikaas Sachdeva in interview.

FPIs bat for common platform to avail Budget benefit on dividends

Tax consultants and custodians are also putting heads together to standardise the kind of documents needed to be furnished by FPIs, which can be acceptable to all companies

International funds in focus as diversification theme gains ground

Sebi's easing of investment norms has encouraged MFs to look at the category more seriously

Cayman Islands' grey list tag may hurt FPI investments into India

FPIs from the region will face stricter KYC, may have to furnish updated ultimate beneficial ownership info for all investors holding over 10% in the fund as opposed to 25% now

Category 3 alternative investment funds beat Nifty returns in January

Long-only funds gave average returns of -0.2 per cent for the month, while long-short funds returned 0.1 per cent, the data from PMS Bazaar showed