Earlier this year, India's securities regulator introduced SIFs, which allow managers to short stocks, use derivatives and pursue absolute-return strategies once reserved for hedge funds
Financial services company Nuvama Wealth Management Ltd has secured approval from markets regulator Sebi to set up its proposed mutual fund business. In a stock exchange filing, Nuvama Wealth Management informed that "Sebi vide a letter dated October 1, 2025, has granted approval to the company to act as the sponsor and set up the proposed Nuvama Mutual Fund". This will enable Nuvama Wealth Management to launch schemes under mutual fund including Specialized Investment Fund category. The final approval for registration of mutual fund will be granted by Sebi subject to fulfilment of certain requirements by the company. In January, the company had informed stock exchanges regarding the application to be made to Securities and Exchange Board of India (Sebi) seeking approval to act as the sponsor for Nuvama Mutual Fund.
Mutual funds increased exposure to Eternal in August as the stock surged over 60 per cent in six months, crossing Rs 3 trillion in market cap, with Blinkit leading growth
Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable
After two years of strong gains, pharma fund returns slip in 2025 amid US tariff uncertainty and sector volatility, though structural tailwinds keep long-term view intact
At least seven AMCs planning entry into this new product segment this year
From peak of 17.7%, it dips to 16.6% while active schemes advance
These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge
Active equity schemes held nearly Rs 1.7 trillion in cash at the end of October
Equity schemes continue to witness net inflows, driven by SIPs
ITI Mutual Fund aims to reach Rs 1 lakh crore AUM in the next five years, as an increasing number of people are choosing mutual funds through systematic investment plans. ITI MF's asset under management (AUM) increased nearly 2.4 times to Rs 8,791 crore in July 2024 from Rs 3,698 crore in March 2023. Mayukh Datta, chief business officer of the AMC, said the mutual fund industry has about 4.80 crore unique PAN investors. It currently has 9.34 crore live SIP accounts with Rs 13.09 lakh crore in the AUM. He further said that as of March 31, 2024, there were 74.67 crore PAN holders in India, and 60.5 crore PAN were Aadhaar-linked. "So, we are yet to have 10 per cent of the investible population, i.e. PAN card holders, yet to come to the mutual funds universe. There is enough of runway for new investors to enter the mutual fund industry," Datta said in an interaction with PTI. He further said India remains in a golden spot on the world map, with expected growth outpacing most global ..
AlphaGrep Securities joins Jio and two others in line for in-principle approval
Industry adds latest Rs 10 trillion in just six months
Companies have strong cash conversion, predictability and growth runway
In the past fortnight, fund houses have approached Sebi for 20 NFO approvals
Zerodha says issue at payment aggregator, Groww cites delay in money movement
The fund has consistently outperformed its peers in all trailing periods under analysis
Asset management companies (AMCs) floated 185 new fund offerings mobilising Rs 66,364 crore in 2023-24, marking a 6.5 per cent increase from the previous year, amidst growing interest of retail investors and significant uptrend in broader markets. This was higher than Rs 62,342 crore garnered by AMCs through 253 New Fund Offerings (NFOs) in 2022-23. "The financialisation of savings in India is currently underway, signifying a growing recognition among investors that investing in financial assets is integral to building wealth. With income and expenditure levels rising constantly, there is a heightened need to channel monthly savings into avenues offering higher returns. The substantial inflow of investments into equities underscores a notable shift in investor attitudes and risk appetites," FYERS Research said in its report. As India's growth narrative gains momentum and investment opportunities expand, many unlisted companies seek capital market support. This trend bodes well for .
Midcap, smallcap stocks have seen a big fall in the last few weeks. Here is what experts suggest on how you can get your money back.
Schemes see highest flows in three years at Rs 2,400 crore in February