Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years......

Sebi's new asset class is a win-win for investors, issuers

Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.  Illustration: Dominic......

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Illustration: Dominic......

AIFs gain currency as fundraise tops Rs 5 trn

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according......