Debt mutual fund (MF) schemes are set to register the best calendar year (CY) performance in the last four years despite no changes in the interest rate. Illustration: Dominic Xavier/Rediff.com......
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......
The $2 billion loss by J P Morgan Chase is a failure of risk management, the US Treasury Secretary Timothy Geithner said, as the FBI launched an investigation into the issue. He also called for......
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......