Funds
RDI Fund picks first 19 second-level fund managers, commits ₹7,131 crore
The first cohort includes 14 alternative investment funds and five focused research organisations, with managers expected to mobilise private capital matching the fund's contribution
 "RDI Fund picks first 19 second-level fund managers, commits ₹7,131 crore")
Fund Review: SBI Large & Midcap Fund
Fund Review: SBI Large & Midcap Fund
 "Fund Review: SBI Large & Midcap Fund")
Union Cabinet approves ₹10,000 crore commitment to SME Growth Fund
The fund will provide growth capital to SMEs seeking to expand capacity, adopt technology, enter global markets, make acquisitions and join global value chains
 "Union Cabinet approves ₹10,000 crore commitment to SME Growth Fund")
Equity Ex-Top 100 SIF gains traction amid small and midcap rally
The Equity Ex-Top 100 Long-Short Fund, which invests in stocks outside the top 100 by market capitalisation, has been seeing a sharp rise in recent months
 "Equity Ex-Top 100 SIF gains traction amid small and midcap rally")
Bhutan's Gelephu City opens new fund, family office regime from Oct 1
The framework offers tax breaks and simpler rules for global family offices, investment funds and fund managers seeking to establish operations in Bhutan's Gelephu Mindfulness City
 "Bhutan's Gelephu City opens new fund, family office regime from Oct 1")
Arbitrage funds yet to warm up to Sebi's 1% leeway for CAS exposure
Sebi had eased rules for arbitrage funds in a bid to boost participation from the ₹3 trillion mutual fund category in the CAS
 "Arbitrage funds yet to warm up to Sebi's 1% leeway for CAS exposure")
Fund Review: DSP Midcap Fund
Fund Review: DSP Midcap Fund
 "Fund Review: DSP Midcap Fund")
NIIF gets $2 bn commitment from global, local investors for infra projects
The National Investment and Infrastructure Fund has raised more than half of its $3.2 billion target from global and domestic investors, including AustralianSuper and Temasek
 "NIIF gets $2 bn commitment from global, local investors for infra projects")
Mutual funds wager on niche offerings as Sebi opens new product avenues
Industry-first products, balanced hybrid funds in the pipeline
 "Mutual funds wager on niche offerings as Sebi opens new product avenues")
Sebi's mutual fund only PMS
SEBI has proposed a new Mutual Fund-only Portfolio Management Service that could lower the minimum investment from ₹50 lakh to ₹25 lakh. Here's what's changing, why it matters, and what investors.
 "Sebi's mutual fund only PMS")
Equal-weight funds: Pick broader universe if risk appetite, horizon permit
Beware that funds with higher exposure to mid- and smallcaps are likely to be more volatile
 "Equal-weight funds: Pick broader universe if risk appetite, horizon permit")
Lost your job? Here’s how to build a financial safety net before you need it | Layoff | Savings
What would happen if your salary stopped tomorrow? Could you pay your rent, EMIs, and bills without a paycheck? In this video, we explain why an emergency fund is essential, how much you should save
 "Lost your job? Here’s how to build a financial safety net before you need it | Layoff | Savings")
Momentum funds can see sharp reversals; limit satellite portfolio exposure
Check the underlying index and concentration, and invest for at least five years
 "Momentum funds can see sharp reversals; limit satellite portfolio exposure")
Cat-III AIFs post industry-beating growth for third year in a row
Commitments raised, other parameters have grown faster than other AIF categories
 "Cat-III AIFs post industry-beating growth for third year in a row")
Zerodha Fund House unveils mutual fund industry's first lifecycle funds
The new funds automatically shift asset allocation towards lower-risk investments as the target year approaches
 "Zerodha Fund House unveils mutual fund industry's first lifecycle funds")
US-based Christian missionary organisation, six others booked under UAPA
A case has been registered against a US-based organisation and six others after the ED lodged a complaint alleging illegal utilisation of foreign funds through a network of foreign debit cards, including in Left Wing Extremism (LWE)-affected areas of the country. Based on the complaint filed by ED Assistant Director Sunil Kumar Sinhmar, Kothanur Police in Bengaluru registered on June 11 under various provisions of the Bharatiya Nyaya Sanhita and the Unlawful Activities (Prevention) Act (UAPA). The FIR names Jonathan S Rajan, Micah Mark, Ajit Verghese Mathai, Varghese Chacko, Bablu Kurmi, Supreme Joy, US-based The Timothy Initiative and others as accused. In the complaint, the ED alleged that searches conducted on April 18 and 19 under provisions of the Income Tax Act and the Foreign Exchange Management Act revealed that the accused, in association with TTI, used foreign-origin debit cards issued by a US bank to withdraw and utilise foreign funds across India. The agency alleged tha
 "US-based Christian missionary organisation, six others booked under UAPA")
Specialised Investment Funds: Why are investors interested? | Mutual Funds | Investment
A new category inside India’s mutual fund industry is growing at lightning speed. In just seven months, Specialised Investment Funds, or SIFs
 "Specialised Investment Funds: Why are investors interested? | Mutual Funds | Investment")
Global equity funds witness first weekly outflows in eight weeks
Fund flow data points to deterioration in risk appetite towards EM & commodity-linked themes, says Elara Capital
 "Global equity funds witness first weekly outflows in eight weeks")
Artha Venture's early bets begin to pay off as exit opportunities mount
Artha's Anirudh Damani says disciplined entry valuations-not market timing-are driving its biggest wins
 "Artha Venture's early bets begin to pay off as exit opportunities mount")
Mid, smallcap fund recovery may not sustain; experts urge cautious moves
New investors should enter only if they have the required investment horizon and risk appetite, not merely because these funds have rallied