The total AUM rose 40 per cent, or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November. Illustration: Uttam Ghosh/Rediff.com India's mutual fund industry witnessed an incredible journey......
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. Illustration: Dominic Xavier/Rediff.com On the......
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......
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......