The regulator said it had received queries from banks on applicability of the prudential treatment for investment in VCFs to investment in AIFs
The fund will invest in developers and companies building unique, immersive XR experiences, and associated core AR and related AI technologies
These funds had, on an average, generated returns of -7.4% during past three months, compared with negative returns of 8-10% by large-cap, mid-cap and small-cap funds
Capital A, a venture fund for seed to early-stage meaningful start-ups, on Tuesday announced the launch of a USD 10-million cleantech fund that will be utilised for funding electric vehicles
Invest via the SIP route to benefit from the volatility expected in the near term
According to fund managers, flexi-cap and large-cap schemes may weather the current storm better
It was a different story for long-short funds with only two out of the 11 strategies outperforming the benchmark
Microfinance institution Satin Creditcare Network Ltd (SCNL) on Friday said it has raised Rs 225 crore through preferential allotment of shares. The micro lender has allotted a total of 30,76,916 shares (i.e. 7,69,229 shares each) to a group of investors namely Aarti Agrifeeds LLP, Adesh Agricare LLP, Adesh Agrifarm LLP and Trimudra Trade & Holdings Private Ltd, a release said. It has also allotted a total of 2,46,15,384 warrants (i.e. 1,23,07,692 warrants each) to Trishashna Holdings & Investments Pvt Ltd (promoter & promoter group) and Florintree Ventures LLP (non-promoter). The warrants have a convertible option in one or more tranches, within 18 months from the date of allotment into equivalent number of fully paid-up equity shares, the release said. The funds will be used as growth capital to boost the company's position in the lending ecosystem and to accelerate its strategic priorities. SCNL's Chairman and Managing Director H P Singh said the investment will not ...
Founding team is already in advanced stages of its first close and is even making a few investments
Investors should stick to flexi-cap, balanced advantage funds instead
The fund will focus on strengthening the Environmental, Social and Governance (ESG) practices of mid-cap businesses
SWFs' investments in the ESG space globally surged 215.3 per cent in 2021 to $22.7 billion, from $7.2 billion the previous year
The bank is looking to raise as much as Rs 1,500 crore in 'confidence capital', say sources
The key investment theme would be identifying companies that have innovative thinking
In comparison, VC and start-up investments were hit hard in 2020, declining 38 per cent YoY
In the past year, floater funds have on average given returns of 3.79 per cent, lower than other categories like low duration funds, short duration funds, and medium duration funds
Among existing holdings, major additions were seen in ICICI Bank, Wipro, Infosys, and HDFC Bank.
Market players say the theme allows investors the opportunity to participate in potential emerging segments like electric vehicles, electronics, battery tech, defence among others
The passive schemes include index funds, exchange-traded funds (ETFs), and fund of funds (FoFs) investing overseas
The investment objective of the scheme is to generate income through investing predominantly in AA+ and above rated corporate bonds