Fund Houses All Set to Launch NFOs As Ban Nears End

Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds. Illustration: Uttam Ghosh/Rediff.com   Asset management companies......

HSBC's AMC acquires L&T Mutual Fund business for $425 million

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

17 of 24 small-cap funds deliver more than 100% returns

The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021. Illustration: Uttam Ghosh/Rediff.com The rally in the Indian equity markets in the past year has propelled strong......

Returns from equities likely to be lower in FY22, say market experts

Investors could hunt for picks in sectors that will benefit from the government’s capex cycle and IT services. Despite the Sensex’s 74 per cent run-up over the past year, the Indian......