Reliance Capital is undergoing a bankruptcy process and the administrator had sought offers for the entire company and for its various business clusters
We have relatively strong growth and a healthy corporate earnings cycle as positives, but a worrisome current account deficit and high inflation as challenges, says Manish Gunwani.
So far, more than 50 Japanese companies, including Daikin, Nissin Brake, Mytex Polymer and Nippon Pipe, among others, have invested over Rs 6,000 crore in the zone.
The fund took exposure to 270 stocks in three years and has held 67 stocks consistently
The fund house has suspended lump-sum subscription, switch-ins, and fresh registration of systematic investment plan/systematic transfer plan under five schemes that invest in international stocks
Major private sector steel producers said that the capacity expansion plans were based on assumptions in the sales mix - between domestic and export markets - which has now gone haywire
From a two- to three-year perspective, the market looks reasonably rewarding after the recent correction.
The past few months have seen several debt fund categories delivering subdued returns because of the spike in bond yields.
The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and closed it on April 12
The fund's month-end assets under management (AUM) increased to Rs 4,205 crore in February 2022 from Rs 3,255 crore in March 2019.
According to reports, Nippon India chief executive Sundeep Sikka's role is also being examined by Sebi
CLSA believes domestic AMCs will have huge growth potential, given the huge underpenetration of MFs in the country
With this, AMCs will be able to offer global funds, NRIs and others investing into India investment management and advisory services
Many companies have used the pandemic stimulus to clean up their balance sheets. "This is giving us the comfort to invest in quality non-AAA papers," said Amit Tripathi of Nippon India MF
Fed policy action will have a bearing on risk assets and global liquidity, says Amit Tripathi
The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021
Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals
Three debt schemes see rise in NAVs of 2-14%
About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution
Most focused funds have exposure of around 50-60% in large-cap stocks, with the remaining between mid- and small-cap stocks