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......
Arbitrage funds, the new favourite of individual investors, delivered their best performance in nearly a decade in 2024. Illustration: Dominic Xavier/Rediff.com On average, the schemes delivered......
Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65% of the total additions to equity funds over the past two years.......
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......
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......