Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. Illustration: Uttam Ghosh/Rediff.com......
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......
Foreign institutional investors (FIIs) have raised stake in billionaire Mukesh Ambani-led Reliance Industries to a record 25.2 per cent in the quarter ended September 30, according to the company's......
Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.Samie Modak and Jash Kriplani explain. What is side-pocketing?......
The Indian MF industry’s assets under management (AUM) has grown from Rs 246 million as on March 31, 1965 to Rs 22.60 trillion as on May 31, 2018. Illustration: Uttam Ghosh/Rediff.com Over......