The mutual fund industry added Rs 2.2 lakh crore to its asset base in 2022, driven by consistent monthly increase in SIP (Systematic Investment Plan) flows. Illustration: Dominic Xavier/Rediff.com......
The change in debt fund taxation is seen as boosting the demand for hybrid funds. Illustration: Uttam Ghosh/Rediff.com It is no surprise then that asset management companies (AMCs) have launched a......
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......
Capital markets regulator Sebi has permitted mutual funds to again invest in foreign stocks within the aggregate mandated limit of $7 billion for the industry. Illustration: Dominic......
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice. A section of the mutual fund......