In the last six months with Sebi, he has delivered crucial orders in matters such as credit rating agencies, commodity brokers, and RTAs, among others
The number soared on the back of a post-Covid-19 market rally and the rise of retail participation
He reveals why fixed maturity plans (FMPs) remain relevant, notwithstanding the emergence of target maturity funds (TMFs) in the 'predictable return' space in debt
Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times
Khara said the planned share sale of the bank's mutual fund subsidiary has been shelved for the time being
Talks underway with Sebi to make private-listed InvIT into public
At Rs 260 crore, average amount mobilised per new fund offer 57% below last financial year's tally
As per shareholding data on the BSE, SBI Mutual Fund and promoter Chandramogan held 4.9 per cent and 56 per cent stakes in the company, respectively, as at the end of the April-June quarter
SBI Mutual Fund on Thursday said its equity fund -- SBI Contra Fund -- has recorded nearly 100 per cent growth in its asset base to Rs 4,688 crore in last one year. "The scheme AUM (Assets Under Management) stands at Rs 4,687.76 crore as on June 30, 2022 as compared to Rs 2,397.73 crore as on June 30, 2021," SBI Mutual Fund (MF) said in a statement. SBI Contra Fund has significantly outperformed its first-tier benchmark -- S&P BSE 500 TRI -- in the short, medium, and long term. The fund has delivered the highest returns in the category in the 1-year time period(11.55 per cent), 3-year (21.34 per cent), 5-year (12.90 per cent) and since inception in 2005 (18.41 per cent), the statement noted. The scheme has witnessed strong interest from all segments of investors -- retail and High Networth Individuals (HNIs) and is suitable for investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns. The scheme follows a combination of top-down .
Total equity value for the top 20 AMCs increased 5.1 per cent month on month (MoM) and 35.6 per cent year on year (YoY) in March 2022
Close to 8.7 million shares were alloted to 36 institutional investors at Rs 542 per share, the upper end of the price band
Meanwhile, SBI Mutual Fund picked up over 3.3 million shares of Mrs Bectors
Asset manager clocks strong performance this fiscal, ahead of its IPO
SBI MF owns 5.7% in ICICI Bank; approval valid for one year
With the end of the financial year approaching, fund houses are launching fixed maturity plans (FMPs). New fund offers (NFOs) of FMPs from SBI Mutual Fund and IDFC Mutual Fund are on at present.
SBI Multicap Fund, an open-ended equity scheme will be investing in a mix of best ideas across large, mid, and small cap companies identified through a robust research process
The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error
JV partners SBI, Amundi to divest 6% and 4%, respectively
The Balanced Advantage Fund (BAF) raised Rs 14,676 crore through its new fund offering (NFO) in August
Over two-third was collected from beyond the top 8 cities; jump in average ticket size plays its part