Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme
Implementation of 100-year valuation norm pushed to April 2023
Such funds alternate between debt and equity depending on market conditions
Industry players say redemption, incremental buying or SIP transactions of investors of PSBs could be hit if account details are not updated by clients over the next few days
At a fund house level, more than 10 per cent of assets can be invested in perpetual bonds of a single issuer
The six shuttered schemes have already distributed Rs 9,122 crore to investors
Sebi issues show-cause notice and summons to fund house, its officials who redeemed their investments
During the past one year, some funds in this domain have generated returns of 38-42 per cent. In comparison, the Nifty and Nifty 100 indices have gained less than 34 per cent
Indian companies serving markets abroad rather than the domestic one are likely to gain disproportionately even as other tailwinds help with costs
An analysis done by Jefferies shows India's MF AUM as a percentage of GDP at 12 per cent is among the lowest and a fraction of global average of 63 per cent
Market regulator is in active talks with stakeholders to bring in greater granularity in disclosures by listed firms in ESG (environmental, social and corporate governance)
26 of 35 such schemes failed to beat Sensex over past year
As on January 2021, Kotak Flexicap fund had assets of Rs 32,400 crore, making it one of the largest scheme in the category
Over 12 offer documents filed in a single day last week
In a Q&A. the outgoing MD of one of India's largest and most profitable fund houses shares his key learnings and challenges over the past two decades
Authorises SBI Funds Management to take next steps on monetisation
Claim settlement improves for life insurance companies in 2016-17
Virtual ID and limited KYC will address your concerns over data leakage
There is no penal consequence for people who don't want to link Aadhaar, says an activist
The policy offers more comprehensive coverage than a rider for varying levels of injury and disability caused by accidents