The Rs 3,800 crore-IPO of the REIT will open on Wednesday
About 58 mn shares tendered so far, and just a day left to achieve mandatory 90% acquisition target
According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20
The country's best share their views on what is weighing on active funds and explain why investors shouldn't panic
In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders
With this repayment, ICICI Prudential Mutual Fund's exposure to Essel Group has come down to nil
Given the focus on safety and quality, the task of choosing money managers in the debt category was tougher than that for equity funds
Given this background, an outperformance of nearly 9 percentage points over the Nifty 100 benchmark is no small feat
Besides the four FMPs of HDFC Mutual Fund that matured in April, seven FMPs exposed to the two Essel group firms mature before Sept
The fund house made profits of Rs 276 crore in March quarter
In 2019, the fund houses expect the industry to witness robust growth as the sector is yet to tap its full potential
AUM of the fund house rose by 9 per cent to Rs 2.92 trillion compared to Rs 2.68 trillion as on September 30, 2017
The offering on Wednesday received bids for 19.4 million shares as against 18.8 million on offer
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
According to bankers handling the issue, HDFC MF's IPO would be launched at a valuation of anywhere between Rs 270 billion and Rs 330 billion
KKR offers to buy shares allotted to distributors
Sebi's observations are necessary for any company to launch public issues like rights issue, initial public offer (IPO) and follow-on public offer (FPO)
It will be entirely an offer for sale by promoter HDFC and UK's Standard Life, who currently hold 57% and 38% respectively
Fund house has made equity share placement to key distributors ahead of its IPO; rivals see it as conflict of interest
The latest offering from HDFC Mutual Fund is a thematic fund focused on the housing sector