Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget......

ABSL MF's conviction play sets stage for turnaround in performance

After nearly four years of underwhelming performances in equity schemes, Aditya Birla Sun Life Mutual Fund (ABSL MF) is experiencing a revival. Illustration: Dominic Xavier/Rediff.com During the......

Mutual funds flock to silver ETF space with new schemes

Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created......

New-age firms make it to Amfi's large-cap list

Start-ups Zomato, PB Fintech, One97 Communications, and FSN E-Commerce Ventures have entered the large-cap category after the latest reclassification exercise by the Association of Mutual funds in......