A fourth of the assets under management (AUM) of equity mutual funds (MFs) are concentrated in only 10 top stocks such as those of ICICI Bank and HDFC Bank. As on July, equity MF assets were Rs 2.6......
India has one of the lowest valuations relative to its growth — the third-smallest among 13 emerging markets.With both its price-earnings multiple and growth in the mid-teens, its PEG......
Following an increase in the tax on debt mutual funds, corporate and other wealthy investors have turned to arbitrage funds. Those in the sector say since Budget 2014-15 announced a higher tax for......
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent. In July, mutual fund managers received......
The effective date of the increase in long-term capital gains tax on debt mutual funds is April 1, 2014, with Revenue Secretary Shaktikanta Das on Friday putting a lid on the confusion over the......