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Raigad police quiz Edelweiss MD, officials for 8 hours

 ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an......

BAF's Withstand Black Monday Turmoil

 Data from Amfi shows that NAV of every one in two BAFs declined 1.5% or less on Monday compared to a 3.13% decline in Nifty 500. Illustration: Dominic Xavier/Rediff.com   Balanced Advantage......

MAF's Steal A March Over BAF's

 Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility. Kindly note the image has only been posted for represebtational reasons.......

MFs rake in record Rs 14,370 cr via equity NFOs in June

 A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore — the highest ever via such introductory......

Smallcap funds sit on over Rs 15,000 crore dry powder

 Fund managers are keeping cash in hand amid strong inflows and elevated valuations in the small and midcap space. Illustration: Uttam Ghosh/Rediff.com Stress data shows that nearly half of the......

What's in store for mutual fund investors in 2024?

 The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. Illustration: Dominic......

Loan Default: Nitin Desai Lost Control Of Studio

 Photograph: Kind courtesy Nitin Chandrakant Desai/Instagram Noted art director Nitin Chandrakant Desai, who was found dead on Wednesday at his studio in Maharashtra's Raigad district, had......

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