Analysts expect SBI Life stock to outperform peers over the next one-two years, riding on the stock growth prospects for the sector
Currently, ESG funds have AUM of around Rs 10,500 crore
Your family could face difficulties as getting a succession certificate from the court is easier said than done
Continuing their buying spree for the second straight month, mutual funds invested Rs 5,526 crore in stocks in April with fund managers sensing opportunities after some consolidation in the market
Bonuses for FY21 may be 20-30% of annual pay; yearly increment can be in high single digits
Data from MF Explorer shows that maximum return generated by value funds the past one year is 96% and average is 59%
The key is to develop an asset allocation plan and then fill each slot with an appropriate fund
Several MF houses bought shares of peer UTI Asset Management Company during the March quarter
Key categories see a jump in assets; fund managers step up buying in April
To seek changes in circular asking to pay 20% salary to key staffers in scheme units
Among the most important tweak sought by the industry will be to reduce the ambit of 'key employees'
There are several layers to the Sebi circular on AMC employee compensation, which could have widespread ramifications
Industry players say shift to high-quality paper will help them tide the turmoil
Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors
The fund manager, Anupam Joshi, has over 12 years of experience and has been managing it since October 2015
Industry players say awareness of products rose after Budget
Allocate 10-15% to these funds for a 10-year period, don't just rely on history
Through the maiden offering Canadian firm Sun Life Financial will divest its 12.56% holding, while Aditya Birla Capital will sell a little less than 1%
Operational and compliance challenges foreseen for fund houses in deducting tax at source, resulting in possible TDS mismatches and disputes with investors
The stocks mutual funds had invested in had risen almost to pre-pandemic levels in March