Business  /  Published 15.02.21

Mutuals set target of Rs 100 lakh cr

The assets under management (AUM) of India’s mutual fund industry are forecast to increase to Rs 100 lakh crore over nine years on the back of greater penetration and the trend of  growing ...
By Our Correspondent in Mumbai

Business  /  Published 13.02.21

Franklin e-voting valid: SC

The Supreme Court on Friday upheld the validity of the e-voting process for the winding up of six mutual fund schemes of Franklin Templeton and said the disbursal of the funds to the unit holders will...
By Our Special Correspondent in Mumbai

Business  /  Published 10.02.21

Investors: time to book profits

Benchmark indices on Tuesday took a break after a six session rally as profit booking saw the Sensex and the Nifty ending marginally lower in the day.  Profit booking took place in mutual funds ...
By Our Special Correspondent in Mumbai

Business  /  Published 18.01.21

Problem of plenty

The markets have bounced back sharply from the sharp correction in March last year after the Covid-19 outbreak. Strong FPI flows and hopes of further reforms in the upcoming budget have been driving t...
By Saugata Chatterjee in

Business  /  Published 04.01.21

The Large Cap Bet

The Sebi reclassification of investment universe in 2018 changed this and provided large cap funds with some much needed flexibility. As such, post reclassification, a large cap fund has the flexibil...
By Siddharth Bothra in Calcutta


India  /  Published 26.12.20

CBI to quiz IPS Rajeev Kumar again

The Central Bureau of Investigation has moved the Supreme Court again, seeking to question senior IPS officer Rajeev Kumar in links with the multi-crore-rupee Saradha chit fund scam case. The central...
By Our Bureau, Agencies in New Delhi

Business  /  Published 17.12.20

Sebi prop for mutual funds

The Securities and Exchange Board of India (Sebi) on Wednesday relaxed the profitability criteria for the sponsors of mutual funds apart from ringfencing the assets and liabilities of mutual fund sche...
By Our Special Correspondent in Mumbai

Business  /  Published 05.12.20

RTGS: available at all times

The RBI on Friday took more steps to make the payment ecosystem more efficient and push digital transactions in the country. RBI governor Shaktikanta Das announced that real time gross settlement (RT...
By Our Special Correspondent in Mumbai

Business  /  Published 24.11.20

FM pledges more reforms

Finance minister Nirmala Sitharaman on Monday said the momentum gained by the reform process would continue and make India a favoured destination for global investors. Sitharaman claimed several sove...
By Our Special Correspondent in New Delhi

Business  /  Published 17.11.20

SBI Funds top gun joins rival

Navneet Munot has quit SBI Funds Management Pvt Ltd (SBIFMPL) to join HDFC Mutual Fund as its managing director and CEO. Munot, who was the chief investment officer (CI)) of SBI Funds, will succeed t...
By Our Special Correspondent in Mumbai


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