In Q3 FY25, the solvency ratio of ICICI Prudential Life stood at 211.8 per cent, compared to 196.5 per cent in the same period last year
Naren says investors should take a hybrid approach to navigate global uncertainties
The recent correction in the equity market, according to the asset manager, has eased multiples to an extent but valuations still remain high, especially in the midcap and smallcap space
The scheme will predominantly invest in sectors contributing to and benefiting from rural India's growth and development.
The fund's assets under management rose to Rs 66,207 crore as of September 2024, up from Rs 30,724 crore in September 2021
Tawakley talks about his hits and misses in 2024 as a fund manager, and the opportunities and key risks for the markets in the year ahead
Company was valued at Rs 3,441 cr in Nov; has IP rights for events in esports, gaming, music
The scheme opens on November 18, 2024, and closes on December 2, 2024.
The investment strategy spreads its money throughout several asset classes and market capitalizations in an effort to produce returns over a longer period of time. It allocates at least 10% of its ass
WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund
Both offerings fall under the smart beta category, focusing on a factor-based strategy to provide investors with a low-cost, value-driven investment approach
Munjal Auto Industries is among many companies hit with tax notices within the last week. The company intends to appeal the GST notice
Product allows customers to have 100% exposure to equity, unlimited free switches between equity, debt and balanced funds
Six entities, including Citigroup Global Markets Mauritius, ICICI Prudential MF and Societe Generale, on Friday acquired stakes in Netweb Technologies India for Rs 458 crore through open market transactions. As per the data available on NSE, Citigroup Global Markets Mauritius, Discovery Global Opportunity Mauritius, ICICI Prudential Mutual Fund, Invesco MF, Societe Generale and Union MF bought a total of 20,54,795 shares or 3.64 per cent stake in Netweb Technologies India. Shares were picked up at an average price of Rs 2,232.10 apiece, taking the combined deal value to Rs 458.65 crore. Meanwhile, four promoters -- Navin Lodha, Sanjay Lodha, Niraj Lodha and Vivek Lodha -- offloaded the same amount of shares at the same price on the National Stock Exchange (NSE). After the share sale by these promoters, the combined shareholding of promoters and promoter group entities in Netweb Technologies India will decline to 71.4 per cent from 75.04 per cent. Shares of Netweb Technologies Ind
The index is composed of up to 15 stocks selected from the Nifty 500, chosen for their market value to ensure broad representation within the sector
Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery
Scheme tracks Nifty Oil & Gas TRI, an index that reflects the performance of companies in the oil and gas sector
Scheme will invest in equity and equity-related instruments of energy companies
Expects growing power demand, government's renewable push to generate value for investors
Customers can choose from an array of 21 funds under this product, which includes 13 equity funds, four debt funds, and four balanced funds. Additionally, they can choose from 4 portfolio strategies