The improvement in the performance of actively managed mutual fund (MF) schemes is acting as a key tailwind for the nearly Rs 50 trillion industry, Kotak Institutional Equities (KIE) said in a......
Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). Illustration: Dominic Xavier/Rediff.com......
At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of......
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......
Demonetisation could see anywhere between Rs 8 and 12 lakh crore coming into the banking system in the next few weeks. The move to withdraw high-denomination bank notes could open the floodgates......