Close to 21.5 per cent of this will be sold to Japan’s Nippon Life, which will then become the sole promoter of the fund house. Anil Ambani-led Reliance Capital will sell up to 6.3 per cent......
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years. Illustration: Dominic......
More asset sales may be only way out, though most of the group companies’ ratings have been downgraded and their combined market value is now a fraction of their combined debt. The Anil......
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform,' experts tell......
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper Illustraton: Uttam Ghosh/Rediff.com Equity fund managers, flush with strong domestic......