Funds

Avoid exiting Balanced Advantage Funds based on short-term underperformance

Balanced Advantage Funds have had a weak year, but advisors warn against knee-jerk exits, saying investors should stay invested unless a fund persistently lags peers and benchmarks

First-time, women fund managers outperform in FFS scheme: SIDBI CMD

First-time and women-led fund managers outperformed in SIDBI's Fund of Funds for Startups scheme, delivering strong returns and supporting 1,300 startups, says SIDBI CMD Manoj Mittal

Need to track, trace unclaimed insurance funds: Irdai member Iyer

IRDAI member Swaminathan Iyer stresses the need to track ₹1.9 trillion in unclaimed life insurance funds to build trust and boost penetration, vital for achieving 'insurance for all by 2047'

Indian MFs pivot to ultra-short debt as rate outlook clouds bets

The Reserve Bank of India's next monetary policy decision is due on December 5 and despite inflation falling to a record low, swap markets are not pricing in a rate cut

Smart beta funds lose traction on performance slump, shows data

The decline in flows coincide with a slump in performance of such schemes in comparison to other passive equity schemes

India's long-term equity story remains strong, says Morgan Stanley MD | Stock market | BFSI Summit

Morgan Stanley’s managing director and chief India equity strategist, Ridham Desai, on Friday said that India’s long-term equity story remains strong even as the Indian market has underperformed

JPMorgan picks Perpetua Resources for $1.5 trn security fund investment

The bank, which holds roughly 20,000 shares of Perpetua currently, according to LSEG data, will also have the option to exercise $42 million in warrants within three years

Sebi extends deadline to Jan 2026 for angel funds to disclose allocation

Markets regulator Sebi on Wednesday extended the timeline to January 31, 2026, for disclosing the allocation methodology by angel funds in their Private Placement Memorandum (PPM). Earlier, the deadline was October 15. "Based on representation from the AIF industry requesting additional time to meet this requirement, it has been decided to extend the said timeline to January 31, 2026, for ease of compliance," Sebi said in its circular. Accordingly, allocation of any investment made by existing angel funds post January 31, 2026, should be in accordance with the defined allocation methodology disclosed in their PPMs. Under the Sebi's framework, angel funds will have to disclose a defined methodology in their PPMs for the purpose of allocating the investment among angel investors who provide approval for such investment. In September, the regulatory framework for angel funds was revised under AIF (alternative investment fund) norms. As part of the revised framework to streamline ...

Artha India Ventures announces first close of ₹500 cr Artha Venture Fund II

The Rs 500 crore micro VC fund will invest in 36 early-stage startups across premium consumption, fintech, AI, and deep tech themes

Intangles raises $30 mn in funding led by Avataar Venture Partners

Predictive AI start-up Intangles has raised USD 30 million (about Rs 266 crore) in a funding round led by Avataar Venture Partners, the company said on Tuesday. The Pune-based firm received follow-on investments from Baring India Private Equity and Cactus Partners in the funding round. "Intangles, a global leader in physics-enabled Predictive AI...announced the close of its Series B round, securing USD 30 million in growth funding led by Avataar Venture Partners, along with follow-on investments from Baring India Private Equity and Cactus Partners, reaffirming long-term conviction in Intangles' technology platform," the company said in a statement. Intangles claims to have developed the world's first AI platform for vehicles called Inroute. The company said that its digital twin technology makes Intangles the only player globally with the capability to warn fleet owners of impending vehicle failures with the exact causes, up to a month in advance, with around 95 per cent ...

Infra funds: Suited for seasoned investors who can handle cyclicality

Limited allocation should be taken in the satellite portfolio with above five-year horizon

Somerset may close third healthcare fund worth $250 mn by October

The final close is expected next month, with the fund on track to potentially exceed its target.

UTI AMC elevates CIO Subramaniam as CEO; Bandhan AMC set for SIF foray

UTI AMC names Vetri Subramaniam as next MD & CEO from Feb 2026, while Bandhan AMC secures SEBI nod to launch specialised investment funds under its new brand

HDFC Bank emerges as top choice for global EM funds with record ownership

Copley Fund Research finds HDFC Bank held by 71% of EM funds, making it the most critical emerging-market bank globally, with allocations surging post-HDFC merger

Inbrew, Tilaknagar scout private debt raise in race to buy Imperial Blue

The companies are looking to raise around $500 million each and have reached out to private credit funds to back their acquisition

Sideshow to spotlight: FoFs weren't in the script, now they own the stage

₹15.6K cr floods in as tax reset, fund blitz, and asset bounce rewrite the playbook in Q1

MNC Funds: High quality, but hold for a minimum of 5 years to offset risks

This theme can underperform during strong rallies in domestic markets

Meghalaya CM seeks more funds for smaller NE states from finance commission

Meghalaya Chief Minister Conrad K Sangma advocated for enhanced financial support to the smaller Northeastern states, citing their unique geographical, economic, and developmental challenges. Sangma took up the issue during his meeting with members of the 16th Finance Commission in New Delhi on Monday. "Our states face distinct issues related to terrain, infrastructure gaps, and limited revenue-generating capacities. We need special financial consideration to address these structural disadvantages," Sangma said at the meeting. He urged the finance commission to recommend higher fund devolution and more flexible schemes to help smaller states address critical sectors such as roads, healthcare, education, and tourism. Sangma also called for greater autonomy in the utilisation of centrally allocated funds, allowing states to design projects suited to their needs. The commission assured him that the submissions would be carefully examined. "North East States, while having their own u

EPFO settles nearly half of all claims within three days this fiscal

Retirement fund body EPFO settled nearly 50 per cent of claims, mainly withdrawal, within three days of filing this fiscal, a senior official said quoting data till June 5. The official stated that the proportion of such settled claims was about 39 per cent in 2024-25 at 2.34 crore. The Employees' Provident Fund Organisation (EPFO) has settled 68.96 lakh claims within 3 days between April 1, 2025 to June 5, 2025. The proportion of the claims settled within three days is expected to rise exponentially as EPFO will soon enhance the limit of automated claims settlement to Rs 5 lakh from the existing Rs 1 lakh, the official said. The official also said that the limit hike does not require approval of the Central Board of Trustees (CBT), the apex decision making body of EPFO. The official further explained that it can be done by the Central Provident Fund Commissioner, the executive head of EPFO. The CBT is headed by the Union Labour & Employment Minister with employers and trade unio

Wealth Company launches Bharat Bhoomi Fund with ₹1,000 cr green shoe

The Rs 1,000 crore Bharat Bhoomi Fund will invest in infra-aligned sectors and real estate opportunities across India's high-growth urban and connectivity corridors