Page 10 - Funds

Target maturity funds are better than FMPs for locking in returns

They are more transparent and control both interest-rate and credit risk

PhonePe reaches settlement with Affle Global to acquire Indus OS

The acquisition was closed after a months-long legal dispute between PhonePe and AGPL and Ventureast Fund on the valuation of IndusOS, which is alternatively called OSLabs.

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Match limited exposure with long investment horizon for small-caps' safety

Hold only a couple of funds and diversify across growth and value style

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr

Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

India-dedicated funds follow global EM trend as outflows hit $547 mn in May

In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May

Invest in dynamic bond funds to navigate impact of interest rate cycle

They outshine short-duration funds: Fund managers

India-focused funds on road to raising around $9.8 bn in CY22: Data

While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion

Vodafone Idea board to consider Rs 500-cr fundraising on Wednesday

The infusion, the second in two months, comes ahead of the 5G spectrum auction that will see Indian telecom companies battle for airwaves in multiple bands

Long-short funds hold fort, deliver 0.17% returns amid market rout

Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar

Investors fear sustained rate hikes, switch to liquid and overnight funds

G-sec yield has remained under pressure in the past few days due to the concerns over rising inflation and crude oil prices

MoEngage raises $77 mn in round led by Goldman Sachs Asset Mgt, B Capital

This is Goldman Sachs Asset Management's first investment in an Indian SaaS company

Have three-year horizon? Hold on to a corporate bond fund, say experts

Consider investing in target maturity funds and corporate FDs

Asset allocation model of 'balanced advantage funds' must fit your needs

Check fund's performance in different market conditions to evaluate efficacy of model

JPIN launches funds worth $150 mn to promote startups in India, worldwide

The company's investment plans aim to connect start-ups and small businesses worldwide to encourage innovation.

India-dedicated funds see outflows in March, shows EPFR data

Global emerging market (GEM) funds saw inflows worth $653 million, taking the CY22 inflows to about $2.6 billion

Govt amends rules governing Nidhi companies, acceptance of deposits

Further, promoters and directors of the company concerned have to meet the criteria of fit and proper person as laid down in the rules

Floater funds back in focus as interest rates are all set to climb

They are best suited among the bouquet debt funds to sail through volatility in debt markets, say industry players

Speciale Invest announces its second funds closure at Rs 286 crore

In April 2021, the company had announced their second fund to be a corpus of around Rs 100 crore, but this got oversubscribed to over Rs 140 crore.

First close of Venture Catalysts-backed Beams Fintech Fund at Rs 270 cr

Beams has a target corpus of $100 million; will primarily back fast-growing fintech firms in their Series B & C rounds