Passive funds have to sell Rs 1.5K crore ITC Hotels shares after listing

 Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. IMAGE:......

After a stellar 2024, debt MFs set for best annual performance in 4 years

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......

Sebi's 2024 review: Push for reforms continued despite controversies

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and......

Mutual funds increase exposure to banking, IT stocks amid outperformance

The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Illustration: Dominic......